First Eagle Credit Opportunities Fund

Frequently Asked Questions About FECRX

What does FECRX invest in?

The First Eagle Credit Opportunities Fund operates as a closed-end interval mutual fund, strategically deploying capital across a diverse range of U.S. alternative credit assets. Its portfolio is composed of instruments such as public and private loans, asset-backed securities (ABS), and senior-secured first-lien debt structures. The fund's core objectives are to provide attractive current income and generate robust long-term, risk-adjusted returns, with a strong emphasis on mitigating potential downside risk.

What is the expense ratio of FECRX?

First Eagle Credit Opportunities Fund (FECRX) charges an expense ratio of 2.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FECRX?

First Eagle Credit Opportunities Fund (FECRX) manages $722.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FECRX actively managed or an index fund?

FECRX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FECRX launched?

First Eagle Credit Opportunities Fund (FECRX) launched in April 2023 and is managed by First Eagle.

How has FECRX performed?

FECRX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.