Fees and Expenses of the Global Fund

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Fund.

Shareholder Fees Caption [Optional Text]

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Optional Text]

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Expenses Deferred Charges [Text Block]

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.

Expense Example Narrative [Text Block]

The following example is intended to help you compare the cost of investing in the Global Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time

periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Portfolio Turnover [Heading]

Portfolio Turnover Rate

Portfolio Turnover, Rate

9.51%

Prospectus [Line Items]

Expense Narrative [Text Block]

The following information describes the fees and expenses you may pay if you buy, hold and sell shares of the Overseas Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Overseas Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 190 and 197, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Expense Breakpoint, Minimum Investment Required [Amount]

$ 25,000

Shareholder Fees [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

1.00

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees

0.75

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses

0.15

0.13

0.14

0.05

Total Annual Operating Expenses (%)

1.15

1.88

0.89

0.80

*

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.

Annual Fund Operating Expenses [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

1.00

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees

0.75

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses

0.15

0.13

0.14

0.05

Total Annual Operating Expenses (%)

1.15

1.88

0.89

0.80

*

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.

Expense Example [Heading]

Example

Expense Example, With Redemption [Table]


Share Status	1 Year		3 Years		5 Years		10 Years
Class A
Sold or Held		$611		$847		$1,101		$1,828
Class C (shares have a one year contingent deferred sales charge)
Sold		$291		$591		$1,016		$2,201

Held		$191		$591		$1,016		$2,201
Class I
Sold or Held		$91		$284		$493		$1,096
Class R6
Sold or Held		$82		$255		$444		$990

Portfolio Turnover [Text Block]

The Overseas Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example above, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 6.73% of the average value of its portfolio.

Expense Heading [Optional Text]

Fees and Expenses of the U.S. Fund

Expense Breakpoint Discounts [Text]

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the U.

Shareholder Fees Caption [Optional Text]

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Optional Text]

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Expenses Deferred Charges [Text Block]

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.

Expense Example Narrative [Text Block]

The following example is intended to help you compare the cost of investing in the U.S. Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Portfolio Turnover [Heading]

Portfolio Turnover Rate

Portfolio Turnover, Rate

8.63%

Prospectus [Line Items]

Expense Narrative [Text Block]

The following information describes the fees and expenses you may pay if you buy, hold and sell shares of the Gold Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Gold Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 190 and 197, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Expense Breakpoint, Minimum Investment Required [Amount]

$ 25,000

Shareholder Fees [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

1.00

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees

0.75

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses

0.16

0.18

0.08

Total Annual Operating Expenses (%)

1.16

1.91

0.93

0.83

*

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.

Annual Fund Operating Expenses [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

1.00

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees

0.75

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses

0.16

0.18

0.08

Total Annual Operating Expenses (%)

1.16

1.91

0.93

0.83

*

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.

Expense Example [Heading]

Example

Expense Example, With Redemption [Table]


Share Status	1 Year		3 Years		5 Years		10 Years
Class A
Sold or Held		$612		$850		$1,106		$1,839
Class C (shares have a one year contingent deferred sales charge)
Sold		$294		$600		$1,032		$2,233

Held		$194		$600		$1,032		$2,233
Class I
Sold or Held		$95		$296		$515		$1,143
Class R6
Sold or Held		$85		$265		$460		$1,025

Portfolio Turnover [Text Block]

The Gold Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example above, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 60.97% of the average value of its portfolio.

Expense Heading [Optional Text]

Fees and Expenses of the Global Income Builder Fund

Expense Breakpoint Discounts [Text]

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Income Builder Fund.

Shareholder Fees Caption [Optional Text]

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Optional Text]

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Expenses Deferred Charges [Text Block]

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $250,000 or more without an initial sales charge.

Expense Example Narrative [Text Block]

The following example is intended to help you compare the cost of investing in the Global Income Builder Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time

periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Portfolio Turnover [Heading]

Portfolio Turnover Rate

Portfolio Turnover, Rate

14.66%

Prospectus [Line Items]

Expense Narrative [Text Block]

The following information describes the fees and expenses you may pay if you buy, hold and sell shares of the Rising Dividend Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Rising Dividend Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 190 and 197 respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Expense Breakpoint, Minimum Investment Required [Amount]

$ 25,000

Shareholder Fees [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

1.00

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.50

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses

0.32

0.28

0.23

Total Annual Operating Expenses (%)

1.07

1.82

0.78

0.73

Fee Waiver and/or Expense Reimbursement**

-0.17

-0.13

-0.08

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

0.90

1.65

0.65

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/or reimburse certain fees and expenses of Classes A, C, I and R6 so that the total annual operating expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of

securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 0.90%, 1.65%, 0.65% and 0.65% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that each of Classes A, C, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 0.90%, 1.65%, 0.65% and 0.65% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.

Annual Fund Operating Expenses [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

1.00

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.50

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses

0.32

0.28

0.23

Total Annual Operating Expenses (%)

1.07

1.82

0.78

0.73

Fee Waiver and/or Expense Reimbursement**

-0.17

-0.13

-0.08

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

0.90

1.65

0.65

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/or reimburse certain fees and expenses of Classes A, C, I and R6 so that the total annual operating expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of

securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 0.90%, 1.65%, 0.65% and 0.65% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that each of Classes A, C, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 0.90%, 1.65%, 0.65% and 0.65% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.

Expense Example [Heading]

Example

Expense Example, With Redemption [Table]


Share Status	1 Year		3 Years		5 Years		10 Years
Class A
Sold or Held		$587		$807		$1,045		$1,726
Class C (shares have a one year contingent deferred sales charge)
Sold		$268		$556		$969		$2,123

Held		$168		$556		$969		$2,123
Class I
Sold or Held		$66		$236		$420		$954
Class R6
Sold or Held		$66		$225		$398		$899

Portfolio Turnover [Text Block]

The Rising Dividend Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example above, affect the Fund’s performance. During the most recent fiscal year, the Rising

Dividend Fund’s portfolio turnover rate was 15.44% of the average value of its portfolio.

Expense Heading [Optional Text]

Fees and Expenses of the Small Cap Fund

Expense Breakpoint Discounts [Text]

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Small Cap Fund.

Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text]

Acquired Fund Fees and Expenses (“AFFE”) are fees and expenses incurred by the Fund in connection with its investments in other investment companies. Total Annual Operating Expenses shown will not correlate to the Fund’s ratio of expenses to average net assets appearing in the Financial Highlights table, which does not include AFFE. AFFE is based on an estimate for the current fiscal year; actual expenses may vary.

Shareholder Fees [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.85

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses***

0.17

0.21

0.15

Acquired Fund Fees and Expenses****

0.01

Total Annual Operating Expenses (%)

1.28

2.03

1.07

1.01

Fee Waiver and/or Expense Reimbursement**

-0.02

-0.06

None

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

1.26

2.01

1.01

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/ or reimburse certain fees and expenses of Classes A, C, I and R6 so that the total annual

			operating expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 1.25%, 2.00%, 1.00% and 1.00% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that each of Classes A, C, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 1.25%, 2.00%, 1.00% and 1.00% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.
	***		“Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2024, and estimated expenses in the case of Class C shares, which are a newly organized share class.
	****		Acquired Fund Fees and Expenses (“AFFE”) are fees and expenses incurred by the Fund in connection with its investments in other investment companies. Total Annual Operating Expenses shown will not correlate to the Fund’s ratio of expenses to average net assets appearing in the Financial Highlights table, which does not include AFFE. AFFE is based on an estimate for the current fiscal year; actual expenses may vary.

Annual Fund Operating Expenses [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.85

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses***

0.17

0.21

0.15

Acquired Fund Fees and Expenses****

0.01

Total Annual Operating Expenses (%)

1.28

2.03

1.07

1.01

Fee Waiver and/or Expense Reimbursement**

-0.02

-0.06

None

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

1.26

2.01

1.01

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/ or reimburse certain fees and expenses of Classes A, C, I and R6 so that the total annual

			operating expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 1.25%, 2.00%, 1.00% and 1.00% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that each of Classes A, C, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 1.25%, 2.00%, 1.00% and 1.00% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.
	***		“Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2024, and estimated expenses in the case of Class C shares, which are a newly organized share class.
	****		Acquired Fund Fees and Expenses (“AFFE”) are fees and expenses incurred by the Fund in connection with its investments in other investment companies. Total Annual Operating Expenses shown will not correlate to the Fund’s ratio of expenses to average net assets appearing in the Financial Highlights table, which does not include AFFE. AFFE is based on an estimate for the current fiscal year; actual expenses may vary.

Expense Example [Heading]

Example

Expense Example, With Redemption [Table]


Share Status	1 Year		3 Years		5 Years		10 Years
Class A
Sold or Held		$622		$884		$1,165		$1,966
Class C (shares have a one year contingent deferred sales charge)
Sold		$304		$635		$1,091		$2,357

Held		$204		$635		$1,091		$2,357
Class I
Sold or Held		$103		$334		$584		$1,300
Class R6
Sold or Held		$103		$322		$558		$1,236

Portfolio Turnover [Text Block]

The Small Cap Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example above, affect the Fund’s performance. During the most recent fiscal year, the Small Cap Fund’s portfolio turnover rate was 45.67% of the average value of its portfolio.

Expense Heading [Optional Text]

Fees and Expenses of the Smid Cap Fund

Expense Breakpoint Discounts [Text]

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Smid Cap Fund.

Shareholder Fees Caption [Optional Text]

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Optional Text]

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Expenses Deferred Charges [Text Block]

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.

Expense Example Narrative [Text Block]

The following example is intended to help you compare the cost of investing in the Smid Cap Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

Portfolio Turnover [Heading]

Portfolio Turnover Rate

Portfolio Turnover, Rate

26.23%

Prospectus [Line Items]

Expense Narrative [Text Block]

The following information describes the fees and expenses you may pay if you buy, hold and sell shares of the Real Assets Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Real Assets Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 190 and 197, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Expense Breakpoint, Minimum Investment Required [Amount]

$ 25,000

Shareholder Fees [Table]

Class A

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.65

Distribution and/or Service (12b-1) Fees

0.25

None

Other Expenses

4.21

4.25

Total Annual Operating Expenses (%)

5.11

4.86

4.90

Fee Waiver and/or Expense Reimbursement**

-4.01

-4.05

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

1.10

0.85

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/or reimburse certain fees and expenses of Classes A, I and R6 so that the total annual operating

expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 1.10%, 0.85% and 0.85% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that each of Classes A, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 1.10%, 0.85% and 0.85% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.

Annual Fund Operating Expenses [Table]

Class A

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

5.00

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.65

Distribution and/or Service (12b-1) Fees

0.25

None

Other Expenses

4.21

4.25

Total Annual Operating Expenses (%)

5.11

4.86

4.90

Fee Waiver and/or Expense Reimbursement**

-4.01

-4.05

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

1.10

0.85

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/or reimburse certain fees and expenses of Classes A, I and R6 so that the total annual operating

expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 1.10%, 0.85% and 0.85% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Fund has agreed that each of Classes A, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 1.10%, 0.85% and 0.85% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.

Expense Example [Heading]

Example

Expense Example, With Redemption [Table]


Share Status	1 Year		3 Years		5 Years		10 Years
Class A
Sold or Held		$607		$1,614		$2,620		$5,124
Class I
Sold or Held		$87		$1,101		$2,117		$4,671
Class R6
Sold or Held		$87		$1,108		$2,132		$4,700

Portfolio Turnover [Text Block]

The Real Assets Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example above, affect the Fund’s performance. During the most recent fiscal year, the Real Asset Fund’s portfolio turnover rate was 40.98% of the average value of its portfolio.

Expense Heading [Optional Text]

Fees and Expenses of the High Yield Municipal Fund

Expense Breakpoint Discounts [Text]

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $100,000 in the High Yield Municipal Fund.

Shareholder Fees Caption [Optional Text]

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Optional Text]

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Expenses Deferred Charges [Text Block]

A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $250,000 or more without an initial sales charge.

Expense Example Narrative [Text Block]

The following example is intended to help you compare the cost of investing in the High Yield Municipal Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Portfolio Turnover [Heading]

Portfolio Turnover Rate

Portfolio Turnover, Rate

136.03%

Prospectus [Line Items]

Expense Narrative [Text Block]

The following information describes the fees and expenses you may pay if you buy, hold and sell shares of the Short Duration High Yield Municipal Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $100,000 in the Short Duration High Yield Municipal Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 190 and 197, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Expense Breakpoint, Minimum Investment Required [Amount]

$ 100,000

Shareholder Fees [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

2.50

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.45

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses***

Interest and Related Expenses****

0.02

Remainder of Other Expenses

0.75

1.11

2.00

Total Annual Operating Expenses (%)

1.47

2.22

1.58

2.47

Fee Waiver and/or Expense Reimbursement**

-0.60

-0.96

-1.85

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

0.87

1.62

0.62

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $250,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/or reimburse certain fees and expenses of Classes A, C, I and R6 so that the total annual operating expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 0.85%, 1.60%, 0.60% and 0.60% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Short Duration High Yield Municipal Fund has agreed that each of Classes A, C, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 0.85%, 1.60%, 0.60% and 0.60% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.
	***		“Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2024, and estimated expenses in the case of Class C shares, which are a newly organized share class.
	****		Includes interest expense and fees paid on Fund borrowings and/or interest and related expenses from inverse floaters.

Annual Fund Operating Expenses [Table]

Class A

Class C

Class I

Class R6

Shareholder Fees (fees paid directly from your investment)

Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price)

2.50

None

Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price)

1.00*

None

Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)

Management Fees**

0.45

Distribution and/or Service (12b-1) Fees

0.25

1.00

None

Other Expenses***

Interest and Related Expenses****

0.02

Remainder of Other Expenses

0.75

1.11

2.00

Total Annual Operating Expenses (%)

1.47

2.22

1.58

2.47

Fee Waiver and/or Expense Reimbursement**

-0.60

-0.96

-1.85

Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement (%)

0.87

1.62

0.62

	*		A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $250,000 or more without an initial sales charge.
	**		First Eagle Investment Management, LLC (the “Adviser”) has contractually agreed to waive and/or reimburse certain fees and expenses of Classes A, C, I and R6 so that the total annual operating expenses (excluding interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, dividend and other expenses relating to short sales, and extraordinary expenses, if any) (“annual operating expenses”) of each class are limited to 0.85%, 1.60%, 0.60% and 0.60% of average net assets, respectively. Each of these undertakings lasts until February 28, 2026 and may not be terminated during its term without the consent of the Board of Trustees. The Short Duration High Yield Municipal Fund has agreed that each of Classes A, C, I and R6 will repay the Adviser for fees and expenses waived or reimbursed for the class provided that repayment does not cause annual operating expenses (after the repayment is taken into account) to exceed the lesser of: (1) 0.85%, 1.60%, 0.60% and 0.60% of the class’ average net assets, respectively; or (2) if applicable, the then-current expense limitations. Any such repayment must be made within three years after the year in which the Adviser incurred the expense.
	***		“Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2024, and estimated expenses in the case of Class C shares, which are a newly organized share class.
	****		Includes interest expense and fees paid on Fund borrowings and/or interest and related expenses from inverse floaters.

Expense Example [Heading]

Example

Expense Example, With Redemption [Table]


Share Status	1 Year		3 Years		5 Years		10 Years
Class A
Sold or Held		$337		$646		$977		$1,913
Class C (shares have a one year contingent deferred sales charge)
Sold		$265		$637		$1,135		$2,508

Held		$165		$637		$1,135		$2,508
Class I
Sold or Held		$63		$405		$770		$1,797
Class R6
Sold or Held		$63		$592		$1,148		$2,665

Portfolio Turnover [Text Block]

The Short Duration High Yield Municipal Fund pays transaction costs, such as commissions, when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example above, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 202.33% of the average value of its portfolio.