# First Eagle Mid Cap Equity ETF (FEMD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/femd for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Eagle · Asset class: Equity - Strategy: Thematic · Inception: 2026-01-27 FEMD primarily allocates capital to equity holdings in medium-sized American businesses. These are identified as companies whose market valuation, at the point of acquisition, does not surpass that of constituents within the Russell Mid Cap Index. The core objective of the fund is to achieve substantial long-term growth in capital. It pursues this by strategically targeting situations deemed advantageous by its adviser, which encompass enterprises undergoing revitalization, nascent growth firms experiencing inconsistent earnings, businesses possessing latent asset value, and those whose sha... ## Key Facts | Metric | Value | |---|---| | Price | $35.19 | | Expense Ratio | 0.75% | | Assets Under Management | $3.9M | | NAV | $35.19 | | Holdings Count | 64 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $32.43 – $38.40 | | Beta | 0.75 | ## Frequently Asked Questions ### What does FEMD invest in? FEMD primarily allocates capital to equity holdings in medium-sized American businesses. These are identified as companies whose market valuation, at the point of acquisition, does not surpass that of constituents within the Russell Mid Cap Index. The core objective of the fund is to achieve substantial long-term growth in capital. It pursues this by strategically targeting situations deemed advantageous by its adviser, which encompass enterprises undergoing revitalization, nascent growth firms experiencing inconsistent earnings, businesses possessing latent asset value, and those whose shares are priced below their intrinsic worth. While the majority of its holdings consist of U.S. equities, the fund retains the flexibility to make limited investments in international companies via instruments known as depositary receipts. Furthermore, cash and cash equivalents may be maintained as necessary for ensuring liquidity and facilitating efficient portfolio administration. ### What is the expense ratio of FEMD? First Eagle Mid Cap Equity ETF (FEMD) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FEMD? First Eagle Mid Cap Equity ETF (FEMD) manages $3.9M 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 FEMD actively managed or an index fund? FEMD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FEMD launched? First Eagle Mid Cap Equity ETF (FEMD) launched in January 2026 and is managed by First Eagle. ### How has FEMD performed? FEMD'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. ### Does FEMD pay a dividend? First Eagle Mid Cap Equity ETF (FEMD) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FEMD pay dividends? First Eagle Mid Cap Equity ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FEMD's dividend yield? FEMD's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is FEMD's next ex-dividend date? FEMD hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will FEMD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FEMD charge its expense ratio? The expense ratio is deducted in tiny daily slices from FEMD's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FEMD cost more than a fund like VOO? FEMD's strategy (current expense ratio 0.75%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FEMD sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FEMD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FEMD (0.75%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/femd - Distribution history: https://www.dividenddata.com/funds/femd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/femd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/femd/expenses - Peer comparison: https://www.dividenddata.com/funds/femd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.