Radian Group, Inc.

0001752724-21-210496.txt : 20210928 0001752724-21-210496.hdr.sgml : 20210928 20210927180722 ACCESSION NUMBER: 0001752724-21-210496 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210731 FILED AS OF DATE: 20210928 PERIOD START: 20211031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST EAGLE FUNDS CENTRAL INDEX KEY: 0000906352 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07762 FILM NUMBER: 211283067 BUSINESS ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 212-698-3393 MAIL ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: FIRST EAGLE FUNDS INC DATE OF NAME CHANGE: 20030103 FORMER COMPANY: FORMER CONFORMED NAME: FIRST EAGLE SOGEN FUNDS INC DATE OF NAME CHANGE: 20000403 FORMER COMPANY: FORMER CONFORMED NAME: SOGEN FUNDS INC DATE OF NAME CHANGE: 19930714

0000906352 S000072438 First Eagle Small Cap Opportunity Fund

C000228685 Class R6 FESRX

C000228686 Class A FESAX

C000228687 Class I FESCX

NPORT-P 1 primary_doc.xml NPORT-P false 0000906352 XXXXXXXX S000072438 C000228686 C000228687 C000228685 First Eagle Funds 811-07762 0000906352 549300FE2F4XF7FZN136 1345 Avenue of the Americas New York 10105 800-334-2143 First Eagle Small Cap Opportunity Fund S000072438 549300XYTAXPWI1QOH17 2021-10-31 2021-07-31 N 32550980.92 636894.54 31914086.38 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Radian Group, Inc. 54930005OUP720S5U385 Radian Group, Inc. 750236101 4518.00000000 NS USD 102016.44000000 0.319659597286 Long EC CORP US N 1 N N N IntriCon Corp. 549300QOZJC6ZFWND923 IntriCon Corp. 46121H109 6396.00000000 NS USD 153504.00000000 0.480991365919 Long EC CORP US N 1 N N N Trinity Industries, Inc. R1JB4KXN77XFCXOQKV49 Trinity Industries, Inc. 896522109 5829.00000000 NS USD 158024.19000000 0.495154986166 Long EC CORP US N 1 N N N InterDigital, Inc. N/A InterDigital, Inc. 45867G101 2845.00000000 NS USD 187457.05000000 0.587380280193 Long EC CORP US N 1 N N N Realogy Holdings Corp. 5493004HBTOTE9DI9P12 Realogy Holdings Corp. 75605Y106 3440.00000000 NS USD 60956.80000000 0.191002804448 Long EC CORP US N 1 N N N Addus HomeCare Corp. 52990090ZT33AKPDBX62 Addus HomeCare Corp. 006739106 2611.00000000 NS USD 226608.69000000 0.710058521813 Long EC CORP US N 1 N N N Six Flags Entertainment Corp. 549300JYTDUAA4JQ3717 Six Flags Entertainment Corp. 83001A102 3942.00000000 NS USD 163790.10000000 0.513221961142 Long EC CORP US N 1 N N N Sierra Wireless, Inc. 549300E33RZ5BJ726L53 Sierra Wireless, Inc. 826516106 9786.00000000 NS USD 189261.24000000 0.593033551850 Long EC CORP CA N 1 N N N TrueBlue, Inc. N/A TrueBlue, Inc. 89785X101 6816.00000000 NS USD 185327.04000000 0.580706080046 Long EC CORP US N 1 N N N Ethan Allen Interiors, Inc. N/A Ethan Allen Interiors, Inc. 297602104 7695.00000000 NS USD 182910.15000000 0.573132966496 Long EC CORP US N 1 N N N Intrepid Potash, Inc. 549300OZ696E2PRRTO45 Intrepid Potash, Inc. 46121Y201 6529.00000000 NS USD 197828.70000000 0.619878938862 Long EC CORP US N 1 N N N Neuronetics, Inc. 549300T0911ILTTG7P06 Neuronetics, Inc. 64131A105 5769.00000000 NS USD 76496.94000000 0.239696474745 Long EC CORP US N 1 N N N Stoneridge, Inc. PNBCIH9LE7WI83VJIF08 Stoneridge, Inc. 86183P102 4670.00000000 NS USD 135196.50000000 0.423626414963 Long EC CORP US N 1 N N N Triumph Group, Inc. 5493007L6S47Q14SL582 Triumph Group, Inc. 896818101 8051.00000000 NS USD 153371.55000000 0.480576345422 Long EC CORP US N 1 N N N Infinera Corp. 549300ZOF66WPV3H0H17 Infinera Corp. 45667G103 8756.00000000 NS USD 86771.96000000 0.271892351755 Long EC CORP US N 1 N N N KAR Auction Services, Inc. 5493004HKD20LBSG7D03 KAR Auction Services, Inc. 48238T109 8036.00000000 NS USD 132433.28000000 0.414968106632 Long EC CORP US N 1 N N N Overstock.com, Inc. 549300ACR0DL9U7EI710 Overstock.com, Inc. 690370101 3234.00000000 NS USD 225215.76000000 0.705693897416 Long EC CORP US N 1 N N N Curtiss-Wright Corp. TEL51ETZWP7D0ZM4X325 Curtiss-Wright Corp. 231561101 1700.00000000 NS USD 201110.00000000 0.630160605587 Long EC CORP US N 1 N N N Trecora Resources 549300YM7091ZVQS2B12 Trecora Resources 894648104 10339.00000000 NS USD 81884.88000000 0.256579113764 Long EC CORP US N 1 N N N America's Car-Mart, Inc. N/A America's Car-Mart, Inc. 03062T105 1416.00000000 NS USD 225144.00000000 0.705469043729 Long EC CORP US N 1 N N N Option Care Health, Inc. 549300DI3Q5ACSYJRI17 Option Care Health, Inc. 68404L201 1596.00000000 NS USD 33069.12000000 0.103619196884 Long EC CORP US N 1 N N N Hilltop Holdings, Inc. 54930010TA543US0PM65 Hilltop Holdings, Inc. 432748101 2618.00000000 NS USD 82938.24000000 0.259879725248 Long EC CORP US N 1 N N N Winnebago Industries, Inc. 549300B7OYKYJLTE3G11 Winnebago Industries, Inc. 974637100 2800.00000000 NS USD 201236.00000000 0.630555415573 Long EC CORP US N 1 N N N Diversified Healthcare Trust N/A Diversified Healthcare Trust 25525P107 34135.00000000 NS USD 133126.50000000 0.417140250906 Long EC CORP US N 1 N N N Allegheny Technologies, Inc. ZW1LRE7C3H17O2ZN9B45 Allegheny Technologies, Inc. 01741R102 7240.00000000 NS USD 148637.20000000 0.465741673536 Long EC CORP US N 1 N N N Mesa Air Group, Inc. 549300EY743RMV1F7P98 Mesa Air Group, Inc. 590479135 19993.00000000 NS USD 178337.56000000 0.558805155430 Long EC CORP US N 1 N N N Century Casinos, Inc. 549300H2L4Y24HXY7M50 Century Casinos, Inc. 156492100 9023.00000000 NS USD 101147.83000000 0.316937883778 Long EC CORP US N 1 N N N Potbelly Corp. 54930027NUULUR2P5W11 Potbelly Corp. 73754Y100 22000.00000000 NS USD 153560.00000000 0.481166837024 Long EC CORP US N 1 N N N Lakeland Industries, Inc. 549300HGP70IM9WKU164 Lakeland Industries, Inc. 511795106 5871.00000000 NS USD 158282.16000000 0.495963312611 Long EC CORP US N 1 N N N Park-Ohio Holdings Corp. N/A Park-Ohio Holdings Corp. 700666100 3140.00000000 NS USD 91342.60000000 0.286214052667 Long EC CORP US N 1 N N N Radiant Logistics, Inc. 549300HWCW2HBOG4GN20 Radiant Logistics, Inc. 75025X100 8928.00000000 NS USD 55532.16000000 0.174005169186 Long EC CORP US N 1 N N N Limbach Holdings, Inc. N/A Limbach Holdings, Inc. 53263P105 8119.00000000 NS USD 72583.86000000 0.227435180615 Long EC CORP US N 1 N N N TriState Capital Holdings, Inc. 5493003JKSPN0881WX29 TriState Capital Holdings, Inc. 89678F100 5092.00000000 NS USD 103418.52000000 0.324052892408 Long EC CORP US N 1 N N N Vishay Intertechnology, Inc. 5493009O8F3QQJTCQR75 Vishay Intertechnology, Inc. 928298108 3414.00000000 NS USD 75551.82000000 0.236735023839 Long EC CORP US N 1 N N N Glatfelter Corp. 549300LDQLQBT38QDY28 Glatfelter Corp. 377320106 11874.00000000 NS USD 180841.02000000 0.566649528508 Long EC CORP US N 1 N N N Chesapeake Energy Corp. X2MT1W32SPAZ9WSKLE78 Chesapeake Energy Corp. 165167735 3031.00000000 NS USD 163825.55000000 0.513333040618 Long EC CORP US N 1 N N N ACRES Commercial Realty Corp. 549300RUJWPCMY4JFR46 ACRES Commercial Realty Corp. 00489Q102 7921.00000000 NS USD 138617.50000000 0.434345819427 Long EC CORP US N 1 N N N Comtech Telecommunications Corp. 529900FTEZ8MGM0Y8F73 Comtech Telecommunications Corp. 205826209 7531.00000000 NS USD 188049.07000000 0.589235323113 Long EC CORP US N 1 N N N Natural Grocers by Vitamin Cottage, Inc. 529900P4OTXDGBUS3O87 Natural Grocers by Vitamin Cottage, Inc. 63888U108 9136.00000000 NS USD 102140.48000000 0.320048265784 Long EC CORP US N 1 N N N Chuy's Holdings, Inc. N/A Chuy's Holdings, Inc. 171604101 6100.00000000 NS USD 201300.00000000 0.630755953979 Long EC CORP US N 1 N N N Toll Brothers, Inc. 529900JB6IS9MSZGVR44 Toll Brothers, Inc. 889478103 3946.00000000 NS USD 233879.42000000 0.732840718719 Long EC CORP US N 1 N N N Cohu, Inc. 529900FJPORJ3JJ2XS33 Cohu, Inc. 192576106 6615.00000000 NS USD 234237.15000000 0.733961634404 Long EC CORP US N 1 N N N Drive Shack, Inc. 549300BOELL93IDPTJ73 Drive Shack, Inc. 262077100 42390.00000000 NS USD 106822.80000000 0.334719906213 Long EC CORP US N 1 N N N American Public Education, Inc. 254900GZNX6TJQGM4S17 American Public Education, Inc. 02913V103 5486.00000000 NS USD 162495.32000000 0.509164881191 Long EC CORP US N 1 N N N Haynes International, Inc. 549300I9MS5UZLRFDO40 Haynes International, Inc. 420877201 1423.00000000 NS USD 53689.79000000 0.168232263837 Long EC CORP US N 1 N N N Univar Solutions, Inc. 549300VSXHFQVR770L55 Univar Solutions, Inc. 91336L107 6449.00000000 NS USD 158258.46000000 0.495889050733 Long EC CORP US N 1 N N N Atlas Air Worldwide Holdings, Inc. 549300R0A2TUVCYZB465 Atlas Air Worldwide Holdings, Inc. 049164205 3459.00000000 NS USD 231649.23000000 0.725852613299 Long EC CORP US N 1 N N N Surgalign Holdings, Inc. N/A Surgalign Holdings, Inc. 86882C105 30464.00000000 NS USD 33205.76000000 0.104047346380 Long EC CORP US N 1 N N N Acadia Healthcare Co., Inc. 5493005CW985Y9D0NC11 Acadia Healthcare Co., Inc. 00404A109 3416.00000000 NS USD 210835.52000000 0.660634672381 Long EC CORP US N 1 N N N Allegiant Travel Co. 549300JM9OZXOHWL2K18 Allegiant Travel Co. 01748X102 1095.00000000 NS USD 208181.40000000 0.652318219363 Long EC CORP US N 1 N N N Newpark Resources, Inc. 54930073OHWDQW4DJN26 Newpark Resources, Inc. 651718504 38000.00000000 NS USD 122740.00000000 0.384595061060 Long EC CORP US N 1 N N N VIA Optronics AG 391200MQMJVYVM0L2S18 VIA Optronics AG 91823Y109 8034.00000000 NS USD 89097.06000000 0.279177849364 Long EC CORP DE N 1 N N N Community Health Systems, Inc. N/A Community Health Systems, Inc. 203668108 14500.00000000 NS USD 193140.00000000 0.605187307260 Long EC CORP US N 1 N N N MGIC Investment Corp. 254900S8483WM4M98R28 MGIC Investment Corp. 552848103 4663.00000000 NS USD 64535.92000000 0.202217664110 Long EC CORP US N 1 N N N Moelis & Co. 549300891QNU7VTQUR83 Moelis & Co., Class A 60786M105 1708.00000000 NS USD 101199.00000000 0.317098220500 Long EC CORP US N 1 N N N NN, Inc. 549300SU3TUM6VH84645 NN, Inc. 629337106 11414.00000000 NS USD 78071.76000000 0.244631035557 Long EC CORP US N 1 N N N LiqTech International, Inc. 5493001UFZ03YRLEYN28 LiqTech International, Inc. 53632A201 16362.00000000 NS USD 107661.96000000 0.337349340720 Long EC CORP US N 1 N N N LGI Homes, Inc. 549300W02B4WNV8CV109 LGI Homes, Inc. 50187T106 1067.00000000 NS USD 182350.30000000 0.571378725459 Long EC CORP US N 1 N N N Taylor Morrison Home Corp. 5299009UDLLGLKOOJE30 Taylor Morrison Home Corp. 87724P106 6392.00000000 NS USD 171433.44000000 0.537171698912 Long EC CORP US N 1 N N N Walker & Dunlop, Inc. N/A Walker & Dunlop, Inc. 93148P102 1600.00000000 NS USD 165568.00000000 0.518792855382 Long EC CORP US N 1 N N N Mistras Group, Inc. N/A Mistras Group, Inc. 60649T107 8367.00000000 NS USD 87853.50000000 0.275281262806 Long EC CORP US N 1 N N N Commercial Vehicle Group, Inc. 5493006OG8I91X0K7Q22 Commercial Vehicle Group, Inc. 202608105 9435.00000000 NS USD 86235.90000000 0.270212654603 Long EC CORP US N 1 N N N Daseke, Inc. 549300CUSFIOX5Q3VA53 Daseke, Inc. 23753F107 19787.00000000 NS USD 136728.17000000 0.428425769022 Long EC CORP US N 1 N N N DZS, Inc. 549300JL6GXPZ9SNGD29 DZS, Inc. 268211109 8291.00000000 NS USD 163747.25000000 0.513087694412 Long EC CORP US N 1 N N N Ortho Clinical Diagnostics Holdings plc N/A Ortho Clinical Diagnostics Holdings plc N/A 8057.00000000 NS USD 181040.79000000 0.567275490341 Long EC CORP GB N 1 N N N Ooma, Inc. N/A Ooma, Inc. 683416101 5633.00000000 NS USD 104492.15000000 0.327417018165 Long EC CORP US N 1 N N N Fabrinet 5493004TETZ6IYF7CV44 Fabrinet N/A 1548.00000000 NS USD 146316.96000000 0.458471404312 Long EC CORP KY N 1 N N N Interface, Inc. 549300VXZWQOIDFPU355 Interface, Inc. 458665304 7159.00000000 NS USD 103232.78000000 0.323470892353 Long EC CORP US N 1 N N N JELD-WEN Holding, Inc. 529900AXX7CT9GZSCS30 JELD-WEN Holding, Inc. 47580P103 4849.00000000 NS USD 128401.52000000 0.402334939095 Long EC CORP US N 1 N N N Luxfer Holdings plc 21380045UF5SJYZOXE41 Luxfer Holdings plc N/A 4569.00000000 NS USD 95263.65000000 0.298500320095 Long EC CORP GB N 1 N N N LSB Industries, Inc. 5493001H215A0HG0MI71 LSB Industries, Inc. 502160104 9506.00000000 NS USD 83652.80000000 0.262118736547 Long EC CORP US N 1 N N N Skyline Champion Corp. N/A Skyline Champion Corp. 830830105 2861.00000000 NS USD 161360.40000000 0.505608708576 Long EC CORP US N 1 N N N Orion Group Holdings, Inc. 549300KBVXPV9Q3CT222 Orion Group Holdings, Inc. 68628V308 8042.00000000 NS USD 43185.54000000 0.135318114658 Long EC CORP US N 1 N N N Griffon Corp. 5493000C2SGNC7ZN3242 Griffon Corp. 398433102 7756.00000000 NS USD 179318.72000000 0.561879534525 Long EC CORP US N 1 N N N PCTEL, Inc. N/A PCTEL, Inc. 69325Q105 12842.00000000 NS USD 85399.30000000 0.267591241632 Long EC CORP US N 1 N N N Tronox Holdings plc 549300NRVC84SGJSXV06 Tronox Holdings plc, Class A N/A 3094.00000000 NS USD 57022.42000000 0.178674768630 Long EC CORP GB N 1 N N N Old Republic International Corp. 549300IV6O2YY2A1KH37 Old Republic International Corp. 680223104 3755.00000000 NS USD 92598.30000000 0.290148678854 Long EC CORP US N 1 N N N Wabash National Corp. 5299004ZAWHQZI5XO485 Wabash National Corp. 929566107 12493.00000000 NS USD 182897.52000000 0.573093391495 Long EC CORP US N 1 N N N SecureWorks Corp. N/A SecureWorks Corp., Class A 81374A105 2108.00000000 NS USD 42286.48000000 0.132500988737 Long EC CORP US N 1 N N N Alpha & Omega Semiconductor Ltd. 5493001FE7J03YOV2V35 Alpha & Omega Semiconductor Ltd. N/A 9129.00000000 NS USD 237262.71000000 0.743441962194 Long EC CORP BM N 1 N N N Amkor Technology, Inc. 529900VHLRTKPWZJBM84 Amkor Technology, Inc. 031652100 7916.00000000 NS USD 195050.24000000 0.611172877323 Long EC CORP US N 1 N N N Livent Corp. 254900OOLQ2VNMZTJL47 Livent Corp. 53814L108 8218.00000000 NS USD 160333.18000000 0.502390004498 Long EC CORP US N 1 N N N Huntsman Corp. 5299000V56320A7RIQ67 Huntsman Corp. 447011107 5948.00000000 NS USD 157086.68000000 0.492217380530 Long EC CORP US N 1 N N N Cross Country Healthcare, Inc. 54930037L0NBIPZ5S663 Cross Country Healthcare, Inc. 227483104 10137.00000000 NS USD 166449.54000000 0.521555083915 Long EC CORP US N 1 N N N Astronics Corp. 549300NNXCF8H4MSMK17 Astronics Corp. 046433108 7131.00000000 NS USD 121797.48000000 0.381641757027 Long EC CORP US N 1 N N N Ultra Clean Holdings, Inc. 5493007L6LS7QX18PE75 Ultra Clean Holdings, Inc. 90385V107 2814.00000000 NS USD 151984.14000000 0.476229017463 Long EC CORP US N 1 N N N US Silica Holdings, Inc. 529900HOXGPM9F75C193 US Silica Holdings, Inc. 90346E103 13831.00000000 NS USD 139693.10000000 0.437716118007 Long EC CORP US N 1 N N N VSE Corp. 549300QWJYQDH4U5XI15 VSE Corp. 918284100 2800.00000000 NS USD 140140.00000000 0.439116440092 Long EC CORP US N 1 N N N Unique Fabricating, Inc. 549300D4PBRSJ1EPEB72 Unique Fabricating, Inc. 90915J103 9404.00000000 NS USD 24825.62000000 0.077788910214 Long EC CORP US N 1 N N N Cars.com, Inc. 5493002G6J07LNGX4M98 Cars.com, Inc. 14575E105 11454.00000000 NS USD 138364.32000000 0.433552502028 Long EC CORP US N 1 N N N Axos Financial, Inc. 529900D8M56422GK9O25 Axos Financial, Inc. 05465C100 2468.00000000 NS USD 118093.80000000 0.370036599493 Long EC CORP US N 1 N N N Kraton Corp. N/A Kraton Corp. 50077C106 5270.00000000 NS USD 201261.30000000 0.630634690912 Long EC CORP US N 1 N N N Regis Corp. 5493000Q1S5TJIDIQH89 Regis Corp. 758932107 18706.00000000 NS USD 149086.82000000 0.467150518504 Long EC CORP US N 1 N N N Seacoast Banking Corp. of Florida 549300V6IC06XYQYPG88 Seacoast Banking Corp. of Florida 811707801 2771.00000000 NS USD 84210.69000000 0.263866836096 Long EC CORP US N 1 N N N Avaya Holdings Corp. 549300NZS2OZN6Q63A60 Avaya Holdings Corp. 05351X101 8343.00000000 NS USD 202067.46000000 0.633160722804 Long EC CORP US N 1 N N N Apogee Enterprises, Inc. 549300579S7QW8V4IJ60 Apogee Enterprises, Inc. 037598109 413.00000000 NS USD 16383.71000000 0.051336923153 Long EC CORP US N 1 N N N Heritage-Crystal Clean, Inc. N/A Heritage-Crystal Clean, Inc. 42726M106 7041.00000000 NS USD 198415.38000000 0.621717249359 Long EC CORP US N 1 N N N Quest Resource Holding Corp. 54930088J62L2GTB0F58 Quest Resource Holding Corp. 74836W203 9208.00000000 NS USD 54511.36000000 0.170806581617 Long EC CORP US N 1 N N N Herc Holdings, Inc. 549300TP80QLITMSBP82 Herc Holdings, Inc. 42704L104 1800.00000000 NS USD 223272.00000000 0.699603295364 Long EC CORP US N 1 N N N BJ's Restaurants, Inc. 5299000EOW66I1OJNQ23 BJ's Restaurants, Inc. 09180C106 5800.00000000 NS USD 235364.00000000 0.737492520379 Long EC CORP US N 1 N N N Sientra, Inc. 5493006T0OLHI64MOG63 Sientra, Inc. 82621J105 15431.00000000 NS USD 127305.75000000 0.398901439584 Long EC CORP US N 1 N N N American Woodmark Corp. 5299007PFSDWMA74RB56 American Woodmark Corp. 030506109 3044.00000000 NS USD 226017.00000000 0.708204512918 Long EC CORP US N 1 N N N Conn's, Inc. 529900K9HOACKOJJT953 Conn's, Inc. 208242107 11179.00000000 NS USD 248620.96000000 0.779032045723 Long EC CORP US N 1 N N N DMC Global, Inc. 549300CBDXD1Z5MRNG02 DMC Global, Inc. 23291C103 4100.00000000 NS USD 179457.00000000 0.562312822818 Long EC CORP US N 1 N N N AAR Corp. MP76T5YQX3YK5VVAQ802 AAR Corp. 000361105 4420.00000000 NS USD 158059.20000000 0.495264686941 Long EC CORP US N 1 N N N Noodles & Co. 5299003PCPK4UINV4362 Noodles & Co. 65540B105 11179.00000000 NS USD 133477.26000000 0.418239326705 Long EC CORP US N 1 N N N TimkenSteel Corp. 549300QZTZWHDE9HJL14 TimkenSteel Corp. 887399103 2969.00000000 NS USD 39576.77000000 0.124010349313 Long EC CORP US N 1 N N N Ichor Holdings Ltd. 529900PS8R2JVLJ2H892 Ichor Holdings Ltd. N/A 4005.00000000 NS USD 206537.85000000 0.647168299103 Long EC CORP KY N 1 N N N AdvanSix, Inc. 5493009TPRODMCAZLF67 AdvanSix, Inc. 00773T101 4952.00000000 NS USD 165644.40000000 0.519032248104 Long EC CORP US N 1 N N N Ashford, Inc. N/A Ashford, Inc. 044104107 10600.00000000 NS USD 176384.00000000 0.552683845934 Long EC CORP US N 1 N N N Horizon Global Corp. 549300D1ZZV3IWN54G85 Horizon Global Corp. 44052W104 16348.00000000 NS USD 145497.20000000 0.455902758009 Long EC CORP US N 1 N N N Ducommun, Inc. 549300Z71HMWF90S2214 Ducommun, Inc. 264147109 3577.00000000 NS USD 192979.15000000 0.604683297845 Long EC CORP US N 1 N N N Cavco Industries, Inc. N/A Cavco Industries, Inc. 149568107 636.00000000 NS USD 149460.00000000 0.468319845413 Long EC CORP US N 1 N N N Dana, Inc. KVWHW7YLZPFJM8QYNJ51 Dana, Inc. 235825205 3401.00000000 NS USD 82168.16000000 0.257466746882 Long EC CORP US N 1 N N N Alexander & Baldwin, Inc. N/A Alexander & Baldwin, Inc. 014491104 4602.00000000 NS USD 92132.04000000 0.288687693901 Long EC CORP US N 1 N N N Matador Resources Co. 549300CI3Q2UUK5R4G79 Matador Resources Co. 576485205 5914.00000000 NS USD 182742.60000000 0.572607963217 Long EC CORP US N 1 N N N Stewart Information Services Corp. 529900TV1XI0PLKENU10 Stewart Information Services Corp. 860372101 2672.00000000 NS USD 157674.72000000 0.494059952469 Long EC CORP US N 1 N N N Ferroglobe plc 2138005GCFJACFTZUD90 Ferroglobe plc N/A 17927.00000000 NS USD 108279.08000000 0.339283032297 Long EC CORP GB N 1 N N N Orthofix Medical, Inc. N/A Orthofix Medical, Inc. 68752M108 3530.00000000 NS USD 140282.20000000 0.439562011362 Long EC CORP US N 1 N N N Olympic Steel, Inc. 549300GQ061U6N6KWJ49 Olympic Steel, Inc. 68162K106 2110.00000000 NS USD 63553.20000000 0.199138396892 Long EC CORP US N 1 N N N Century Communities, Inc. 5299002QMB2O7ZL1CA26 Century Communities, Inc. 156504300 3207.00000000 NS USD 222726.15000000 0.697892922103 Long EC CORP US N 1 N N N Steelcase, Inc. GIE4CCPBJDI8SMV1OX95 Steelcase, Inc., Class A 858155203 3284.00000000 NS USD 45155.00000000 0.141489245414 Long EC CORP US N 1 N N N Performant Financial Corp. N/A Performant Financial Corp. 71377E105 28300.00000000 NS USD 134991.00000000 0.422982498676 Long EC CORP US N 1 N N N Marcus Corp. (The) 549300NL0OKPNEMP6B79 Marcus Corp. (The) 566330106 10775.00000000 NS USD 173154.25000000 0.542563706628 Long EC CORP US N 1 N N N Hub Group, Inc. N/A Hub Group, Inc., Class A 443320106 1800.00000000 NS USD 119304.00000000 0.373828655407 Long EC CORP US N 1 N N N HCI Group, Inc. 549300CZF7EZJH0MPH74 HCI Group, Inc. 40416E103 1318.00000000 NS USD 132432.64000000 0.414966101247 Long EC CORP US N 1 N N N Ruth's Hospitality Group, Inc. 529900JQW9JP41OHOD14 Ruth's Hospitality Group, Inc. 783332109 9444.00000000 NS USD 188596.68000000 0.590951211181 Long EC CORP US N 1 N N N CalAmp Corp. 5493007SIGZIX83TOW07 CalAmp Corp. 128126109 12814.00000000 NS USD 155433.82000000 0.487038288200 Long EC CORP US N 1 N N N JP Morgan U.S. Government Money Market Fund N/A JP Morgan U.S. Government Money Market Fund, Capital Shares N/A 2820941.91000000 NS USD 2820941.91000000 8.839174891021 Long STIV RF US N 1 N N N A10 Networks, Inc. 549300UQD4IWUML81Q35 A10 Networks, Inc. 002121101 4215.00000000 NS USD 53825.55000000 0.168657655930 Long EC CORP US N 1 N N N MGP Ingredients, Inc. 2549006OMHFVZ4MS8538 MGP Ingredients, Inc. 55303J106 3174.00000000 NS USD 189329.10000000 0.593246185228 Long EC CORP US N 1 N N N Patrick Industries, Inc. 549300FZ5ZTCCJ3Z5W14 Patrick Industries, Inc. 703343103 2100.00000000 NS USD 173523.00000000 0.543719152520 Long EC CORP US N 1 N N N NMI Holdings, Inc. 529900KNNGFXJX1C3Z08 NMI Holdings, Inc., Class A 629209305 7737.00000000 NS USD 170368.74000000 0.533835554530 Long EC CORP US N 1 N N N Houlihan Lokey, Inc. 549300S3CNGTQ1QZVY46 Houlihan Lokey, Inc. 441593100 383.00000000 NS USD 34125.30000000 0.106928644591 Long EC CORP US N 1 N N N Commercial Metals Co. 549300OQS2LO07ZJ7N73 Commercial Metals Co. 201723103 5791.00000000 NS USD 189944.80000000 0.595175427359 Long EC CORP US N 1 N N N PGT Innovations, Inc. 549300LRW9WM59C1S579 PGT Innovations, Inc. 69336V101 7952.00000000 NS USD 179556.16000000 0.562623532010 Long EC CORP US N 1 N N N Meritor, Inc. 5LTG829X630QFHTFBO82 Meritor, Inc. 59001K100 6559.00000000 NS USD 159580.47000000 0.500031453508 Long EC CORP US N 1 N N N II-VI, Inc. 549300O5C25A0MMHHU33 II-VI, Inc. 902104108 2744.00000000 NS USD 191558.64000000 0.600232253930 Long EC CORP US N 1 N N N Marchex, Inc. N/A Marchex, Inc., Class B 56624R108 34246.00000000 NS USD 86984.84000000 0.272559392627 Long EC CORP US N 1 N N N QuinStreet, Inc. 549300TP8MFBFPOS4Y78 QuinStreet, Inc. 74874Q100 6354.00000000 NS USD 116532.36000000 0.365143963742 Long EC CORP US N 1 N N N Tanger Factory Outlet Centers, Inc. UKEW8YSXE4Y581KYOL30 Tanger Factory Outlet Centers, Inc. 875465106 4901.00000000 NS USD 84150.17000000 0.263677201966 Long EC CORP US N 1 N N N Primoris Services Corp. 549300UF3OLBJ8D5K349 Primoris Services Corp. 74164F103 7185.00000000 NS USD 214831.50000000 0.673155726415 Long EC CORP US N 1 N N N LSI Industries, Inc. 529900HY42OANH6BVT33 LSI Industries, Inc. 50216C108 10808.00000000 NS USD 81384.24000000 0.255010402086 Long EC CORP US N 1 N N N First Foundation, Inc. 549300MLBB1IY0K7IR56 First Foundation, Inc. 32026V104 4052.00000000 NS USD 95505.64000000 0.299258574608 Long EC CORP US N 1 N N N Beazer Homes USA, Inc. 549300DUPYT2T0F60I45 Beazer Homes USA, Inc. 07556Q881 11500.00000000 NS USD 209990.00000000 0.657985309369 Long EC CORP US N 1 N N N Olin Corp. 549300GKK294V7W57P06 Olin Corp. 680665205 4100.00000000 NS USD 192823.00000000 0.604194015470 Long EC CORP US N 1 N N N Sonic Automotive, Inc. 549300NTLRGJ2JCBZU03 Sonic Automotive, Inc., Class A 83545G102 3887.00000000 NS USD 212035.85000000 0.664395801513 Long EC CORP US N 1 N N N Nordstrom, Inc. 549300S3IZB5P35KNV16 Nordstrom, Inc. 655664100 4200.00000000 NS USD 139020.00000000 0.435607017994 Long EC CORP US N 1 N N N Digi International, Inc. 529900KG656HGROI4N27 Digi International, Inc. 253798102 7583.00000000 NS USD 156816.44000000 0.491370607113 Long EC CORP US N 1 N N N Flexion Therapeutics, Inc. 549300X8HYW1HZKCDG90 Flexion Therapeutics, Inc. 33938J106 13132.00000000 NS USD 77872.76000000 0.244007486452 Long EC CORP US N 1 N N N Onto Innovation, Inc. 254900RXZVN73CHOO062 Onto Innovation, Inc. 683344105 2849.00000000 NS USD 199657.92000000 0.625610639836 Long EC CORP US N 1 N N N Advanced Energy Industries, Inc. 549300756XI3QLFT2U27 Advanced Energy Industries, Inc. 007973100 2034.00000000 NS USD 211027.50000000 0.661236224929 Long EC CORP US N 1 N N N Braemar Hotels & Resorts, Inc. 549300JDUUEBN868C776 Braemar Hotels & Resorts, Inc. 10482B101 30115.00000000 NS USD 153586.50000000 0.481249872458 Long EC CORP US N 1 N N N Macerich Co. (The) 529900PSWCB5KI0JYU46 Macerich Co. (The) 554382101 2067.00000000 NS USD 33692.10000000 0.105571250258 Long EC CORP US N 1 N N N ADTRAN, Inc. 549300XWTHXJVGKWU616 ADTRAN, Inc. 00738A106 7486.00000000 NS USD 167761.26000000 0.525665243875 Long EC CORP US N 1 N N N Comfort Systems USA, Inc. 5299009DT1ZA5HTU6R38 Comfort Systems USA, Inc. 199908104 2666.00000000 NS USD 199283.50000000 0.624437427495 Long EC CORP US N 1 N N N Modine Manufacturing Co. Z35SZFYJR8GZZRSIUU09 Modine Manufacturing Co. 607828100 11905.00000000 NS USD 199170.65000000 0.624083821885 Long EC CORP US N 1 N N N Avnet, Inc. XJI53DCPL7QABOWK4Z75 Avnet, Inc. 053807103 4649.00000000 NS USD 192096.68000000 0.601918155239 Long EC CORP US N 1 N N N CarParts.com, Inc. 5493005FSRX4Y7E7H678 CarParts.com, Inc. 14427M107 8700.00000000 NS USD 153207.00000000 0.480060742381 Long EC CORP US N 1 N N N B Riley Financial, Inc. N/A B Riley Financial, Inc. 05580M108 3500.00000000 NS USD 236460.00000000 0.740926740576 Long EC CORP US N 1 N N N Manitex International, Inc. 549300QZ9TZ4MVXPZQ53 Manitex International, Inc. 563420108 7822.00000000 NS USD 62419.56000000 0.195586235046 Long EC CORP US N 1 N N N Hexcel Corp. S6Q7LW43WUBUHXY2QP69 Hexcel Corp. 428291108 2681.00000000 NS USD 145900.02000000 0.457164959268 Long EC CORP US N 1 N N N Zovio, Inc. N/A Zovio, Inc. 98979V102 30477.00000000 NS USD 74668.65000000 0.233967687844 Long EC CORP US N 1 N N N Reed's, Inc. N/A Reed's, Inc. 758338107 46500.00000000 NS USD 36725.70000000 0.115076770685 Long EC CORP US N 1 N N N FormFactor, Inc. 549300YCEEO6SZD1ZR61 FormFactor, Inc. 346375108 6761.00000000 NS USD 251914.86000000 0.789353193447 Long EC CORP US N 1 N N N Select Medical Holdings Corp. N/A Select Medical Holdings Corp. 81619Q105 4830.00000000 NS USD 190543.50000000 0.597051401475 Long EC CORP US N 1 N N N Chatham Lodging Trust N/A Chatham Lodging Trust 16208T102 15652.00000000 NS USD 192206.56000000 0.602262454614 Long EC CORP US N 1 N N N Tapestry, Inc. 549300LJNVY5SW3VTN33 Tapestry, Inc. 876030107 3852.00000000 NS USD 162939.60000000 0.510556993735 Long EC CORP US N 1 N N N Texas Capital Bancshares, Inc. 549300466Q2SXRX0YM48 Texas Capital Bancshares, Inc. 88224Q107 1900.00000000 NS USD 119662.00000000 0.374950417114 Long EC CORP US N 1 N N N Navigator Holdings Ltd. 213800H7RVOFYARK2W19 Navigator Holdings Ltd. N/A 10480.00000000 NS USD 100608.00000000 0.315246373661 Long EC CORP MH N 1 N N N Ardmore Shipping Corp. 549300J8HD7K6BHD8O28 Ardmore Shipping Corp. N/A 23197.00000000 NS USD 84205.11000000 0.263849351654 Long EC CORP MH N 1 N N N Kulicke & Soffa Industries, Inc. 529900H6BEIRBF429744 Kulicke & Soffa Industries, Inc. 501242101 3774.00000000 NS USD 205154.64000000 0.642834131477 Long EC CORP US N 1 N N N Arcosa, Inc. 549300WFHLTCZV7D6V29 Arcosa, Inc. 039653100 3806.00000000 NS USD 208416.56000000 0.653055072667 Long EC CORP US N 1 N N N Earthstone Energy, Inc. 54930081UTV7CK45XG14 Earthstone Energy, Inc., Class A 27032D304 14369.00000000 NS USD 141247.27000000 0.442585973849 Long EC CORP US N 1 N N N United Fire Group, Inc. N/A United Fire Group, Inc. 910340108 1711.00000000 NS USD 42638.12000000 0.133602821939 Long EC CORP US N 1 N N N Armada Hoffler Properties, Inc. 549300WQRSIV6XZT9313 Armada Hoffler Properties, Inc. 04208T108 11736.00000000 NS USD 152568.00000000 0.478058491737 Long EC CORP US N 1 N N N WESCO International, Inc. 529900TXOGREY3WNJ434 WESCO International, Inc. 95082P105 1449.00000000 NS USD 154246.05000000 0.483316514730 Long EC CORP US N 1 N N N Diana Shipping, Inc. 549300XD7FHNJ0THIV12 Diana Shipping, Inc. N/A 14666.00000000 NS USD 63650.44000000 0.199443089932 Long EC CORP MH N 1 N N N Lumber Liquidators Holdings, Inc. N/A Lumber Liquidators Holdings, Inc. 55003T107 9110.00000000 NS USD 173818.80000000 0.544646015964 Long EC CORP US N 1 N N N Century Aluminum Co. 549300U5ODNGEYWKSW73 Century Aluminum Co. 156431108 11300.00000000 NS USD 164528.00000000 0.515534106290 Long EC CORP US N 1 N N N Helmerich & Payne, Inc. 254900NAOGHJ88RZ4C73 Helmerich & Payne, Inc. 423452101 6912.00000000 NS USD 198167.04000000 0.620939097677 Long EC CORP US N 1 N N N Carpenter Technology Corp. DX6I6ZD3X5WNNCDJKP85 Carpenter Technology Corp. 144285103 4121.00000000 NS USD 157216.15000000 0.492623063458 Long EC CORP US N 1 N N N Babcock & Wilcox Enterprises, Inc. 5493006H661OZN2C0T54 Babcock & Wilcox Enterprises, Inc. 05614L209 20674.00000000 NS USD 148025.84000000 0.463826030416 Long EC CORP US N 1 N N N Kirkland's, Inc. N/A Kirkland's, Inc. 497498105 10053.00000000 NS USD 195631.38000000 0.612993828714 Long EC CORP US N 1 N N N Veeco Instruments, Inc. 5493004201F72ADDZW04 Veeco Instruments, Inc. 922417100 8112.00000000 NS USD 188198.40000000 0.589703235615 Long EC CORP US N 1 N N N Iteris, Inc. 549300HHWPIES6047045 Iteris, Inc. 46564T107 24517.00000000 NS USD 152740.91000000 0.478600290108 Long EC CORP US N 1 N N N Pitney Bowes, Inc. 549300N2O26NW4ST6W55 Pitney Bowes, Inc. 724479100 15542.00000000 NS USD 124336.00000000 0.389595987550 Long EC CORP US N 1 N N N Chefs' Warehouse, Inc. (The) 549300JYEDC8C547E980 Chefs' Warehouse, Inc. (The) 163086101 7404.00000000 NS USD 214123.68000000 0.670937834316 Long EC CORP US N 1 N N N CIRCOR International, Inc. 5493007701O01N3FQM69 CIRCOR International, Inc. 17273K109 6161.00000000 NS USD 190005.24000000 0.595364810816 Long EC CORP US N 1 N N N Archrock, Inc. 549300K3RIHMHDVFTL28 Archrock, Inc. 03957W106 9020.00000000 NS USD 77662.20000000 0.243347715097 Long EC CORP US N 1 N N N Select Interior Concepts, Inc. N/A Select Interior Concepts, Inc., Class A 816120307 8585.00000000 NS USD 93919.90000000 0.294289796930 Long EC CORP US N 1 N N N Recro Pharma, Inc. N/A Recro Pharma, Inc. 75629F109 44500.00000000 NS USD 80990.00000000 0.253775085508 Long EC CORP US N 1 N N N MoneyGram International, Inc. 5299002DLX0Q04KC4156 MoneyGram International, Inc. 60935Y208 10800.00000000 NS USD 111672.00000000 0.349914450535 Long EC CORP US N 1 N N N Green Brick Partners, Inc. 549300R7SCIV7FQI6T56 Green Brick Partners, Inc. 392709101 4900.00000000 NS USD 122843.00000000 0.384917802556 Long EC CORP US N 1 N N N US Xpress Enterprises, Inc. 549300NXY19K1OZN4915 US Xpress Enterprises, Inc., Class A 90338N202 15125.00000000 NS USD 132041.25000000 0.413739714895 Long EC CORP US N 1 N N N EnPro Industries, Inc. 549300Y5CFT2LKCFDN54 EnPro Industries, Inc. 29355X107 2217.00000000 NS USD 206447.04000000 0.646883753906 Long EC CORP US N 1 N N N Amtech Systems, Inc. 5299008VRUUPETM6HZ85 Amtech Systems, Inc. 032332504 16392.00000000 NS USD 169821.12000000 0.532119635128 Long EC CORP US N 1 N N N Dorian LPG Ltd. 549300WP1W2WGMC7F395 Dorian LPG Ltd. N/A 5918.00000000 NS USD 71607.80000000 0.224376781924 Long EC CORP MH N 1 N N N Heritage Insurance Holdings, Inc. 9845008CCYDD87F66B45 Heritage Insurance Holdings, Inc. 42727J102 14086.00000000 NS USD 103391.24000000 0.323967412912 Long EC CORP US N 1 N N N Gibraltar Industries, Inc. N/A Gibraltar Industries, Inc. 374689107 3200.00000000 NS USD 238976.00000000 0.748810406647 Long EC CORP US N 1 N N N Houghton Mifflin Harcourt Co. N/A Houghton Mifflin Harcourt Co. 44157R109 8296.00000000 NS USD 93910.72000000 0.294261032203 Long EC CORP US N 1 N N N Tri Pointe Homes, Inc. N/A Tri Pointe Homes, Inc. 87265H109 7376.00000000 NS USD 177909.12000000 0.557462676141 Long EC CORP US N 1 N N N Dixie Group, Inc. (The) 549300MLTT5S33W3Q656 Dixie Group, Inc. (The) 255519100 11822.00000000 NS USD 33574.48000000 0.105202698270 Long EC CORP US N 1 N N N Cutera, Inc. 529900NPKPEWJWR21Z42 Cutera, Inc. 232109108 205.00000000 NS USD 10649.75000000 0.033370060709 Long EC CORP US N 1 N N N Castlight Health, Inc. 549300K52FAO83JL0L06 Castlight Health, Inc., Class B 14862Q100 38922.00000000 NS USD 90688.26000000 0.284163735474 Long EC CORP US N 1 N N N Air Lease Corp. 5493004NW4M4P8TMMK63 Air Lease Corp. 00912X302 4723.00000000 NS USD 200066.28000000 0.626890200201 Long EC CORP US N 1 N N N Superior Industries International, Inc. 54930065O5ZIQD1F8U04 Superior Industries International, Inc. 868168105 14532.00000000 NS USD 123522.00000000 0.387045389704 Long EC CORP US N 1 N N N American Vanguard Corp. 529900GWI78WZA5M9783 American Vanguard Corp. 030371108 10055.00000000 NS USD 166008.05000000 0.520171713591 Long EC CORP US N 1 N N N Kaleyra, Inc. 549300Q16CZ1PDK9BL93 Kaleyra, Inc. 483379103 11330.00000000 NS USD 114772.90000000 0.359630849629 Long EC CORP US N 1 N N N 2021-08-30 First Eagle Funds Tricia Larkin Tricia Larkin Treasurer XXXX NPORT-EX 2 tm2126645d1_nportex.htm

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 79.0%

Australia - 0.4%
Newcrest Mining Ltd.		9,296,442		179,677,472

Belgium - 1.6%
Groupe Bruxelles Lambert SA		6,813,598		792,757,002

Brazil - 1.5%
Ambev SA, ADR		103,309,902		327,492,389
Itausa SA (Preference)		43,428,671		93,140,355
Wheaton Precious Metals Corp.		7,523,631		347,215,571
				767,848,315
Canada - 3.3%
Agnico Eagle Mines Ltd.		2,298,700		148,707,981
Barrick Gold Corp.		11,518,361		250,754,719
Franco-Nevada Corp.		769,497		123,078,812
Imperial Oil Ltd.		10,896,401		298,524,356
Nutrien Ltd.		8,017,778		476,256,013
Power Corp. of Canada		11,884,483		379,320,386
				1,676,642,267
China - 0.7%
Alibaba Group Holding Ltd., ADR*		869,066		169,632,993
Prosus NV*		1,771,254		158,028,547
				327,661,540
France - 4.3%
Danone SA		10,211,219		751,071,580
Legrand SA		2,088,047		235,314,429
LVMH Moet Hennessy Louis Vuitton SE		227,447		182,109,389
Rexel SA*		2,490,245		52,573,876
Saint Jean Groupe SA*		93,252		2,654,884
Sanofi		4,486,722		462,461,400
Sodexo SA*		3,827,240		326,101,848
Wendel SE		1,067,994		149,909,028
				2,162,196,434
Germany - 0.6%
Brenntag SE		1,126,149		112,479,113
Henkel AG & Co. KGaA (Preference)		2,036,833		206,503,579
				318,982,692
Hong Kong - 2.0%
CK Asset Holdings Ltd.		29,853,500		203,114,270
Guoco Group Ltd.		12,748,580		146,026,390
Hongkong Land Holdings Ltd.		31,759,300		144,091,193
Hysan Development Co. Ltd.		23,322,348		91,835,037
Jardine Matheson Holdings Ltd.		6,979,771		415,266,246
				1,000,333,136
Ireland - 0.3%
CRH plc		3,284,015		164,132,148

Japan - 8.3%
Chofu Seisakusho Co. Ltd.(a)		3,224,200		58,656,396
FANUC Corp.		2,442,000		546,929,223
Hirose Electric Co. Ltd.		1,555,415		233,011,545
Hoshizaki Corp.		2,080,300		174,688,930
Hoya Corp.		1,355,340		191,332,851
Keyence Corp.		566,600		315,597,895
Komatsu Ltd.		6,756,000		169,298,908
Mitsubishi Electric Corp.		21,420,200		290,613,236
Mitsubishi Estate Co. Ltd.		19,435,380		304,881,342
MS&AD Insurance Group Holdings, Inc.		6,001,220		185,504,074
Olympus Corp.		2,001,224		41,183,889
Secom Co. Ltd.		6,337,130		479,661,208
Shimano, Inc.		1,551,090		397,046,656
SMC Corp.		518,356		308,149,092
Sompo Holdings, Inc.		9,373,500		387,519,943
T Hasegawa Co. Ltd.(a)		3,002,800		69,950,894
USS Co. Ltd.		997,600		17,366,167
				4,171,392,249
Mexico - 0.8%
Fomento Economico Mexicano SAB de CV, ADR		2,945,225		257,324,308
Fresnillo plc		6,146,081		69,919,793
Industrias Penoles SAB de CV*		6,401,020		90,261,416
				417,505,517
Norway - 0.3%
Orkla ASA		14,016,004		127,299,027

South Korea - 1.7%
Hyundai Mobis Co. Ltd.		612,650		142,340,102
KT&G Corp.		5,242,098		375,280,873
Lotte Confectionery Co. Ltd.		161,797		19,969,404
Lotte Corp.		913,277		29,984,094
Namyang Dairy Products Co. Ltd.		7,644		4,016,625
NAVER Corp.		304,531		114,778,249
Samsung Electronics Co. Ltd. (Preference)		3,025,981		189,958,675
				876,328,022
Sweden - 1.3%
Investor AB, Class A		9,619,932		239,028,507
Investor AB, Class B		11,255,824		278,745,084
Svenska Handelsbanken AB, Class A		12,783,537		144,061,667
				661,835,258
Switzerland - 2.6%
Cie Financiere Richemont SA (Registered)		6,374,537		815,744,562
Nestle SA (Registered)		3,679,697		465,958,848
				1,281,703,410
Taiwan - 1.1%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		4,862,904		567,209,123

Thailand - 0.3%
Bangkok Bank PCL, NVDR		47,278,400		147,480,102

United Kingdom - 6.1%
BAE Systems plc		6,893,452		55,268,533
Berkeley Group Holdings plc		5,151,125		346,814,616
British American Tobacco plc		18,940,473		704,441,188
Diageo plc		3,750,155		185,956,164

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares	Value ($)
GlaxoSmithKline plc	14,146,132	279,298,734
Linde plc	828,640	254,715,650
Linde plc	423,859	129,973,989
Lloyds Banking Group plc	437,703,164	276,745,275
Reckitt Benckiser Group plc	3,552,491	271,764,336
Unilever plc	9,917,900	571,666,643
		3,076,645,128
United States - 41.8%
Alleghany Corp.*	362,794	240,568,701
Alphabet, Inc., Class A*	134,718	363,001,692
Alphabet, Inc., Class C*	148,554	401,752,409
American Express Co.	3,272,942	558,134,799
Analog Devices, Inc.	2,347,969	393,096,970
Anthem, Inc.	1,331,473	511,298,947
Bank of New York Mellon Corp. (The)	10,924,432	560,751,095
Becton Dickinson and Co.	983,219	251,458,259
Berkshire Hathaway, Inc., Class A*	728	304,959,200
Booking Holdings, Inc.*	165,236	359,926,969
Boston Properties, Inc., REIT	1,627,005	190,977,847
Brown & Brown, Inc.	5,245,466	285,353,350
CH Robinson Worldwide, Inc.(a)	7,172,180	639,543,291
Charles Schwab Corp. (The)	3,586,920	243,731,214
Colgate-Palmolive Co.	7,521,578	597,965,451
Comcast Corp., Class A	20,976,453	1,234,044,730
Cummins, Inc.	1,379,077	320,083,772
Deere & Co.	1,084,809	392,256,086
DENTSPLY SIRONA, Inc.	4,436,276	292,971,667
Douglas Emmett, Inc., REIT	4,485,027	149,799,902
Equity Residential, REIT	3,941,263	331,578,456
Expeditors International of Washington, Inc.	1,672,498	214,497,868
Exxon Mobil Corp.	17,715,752	1,019,895,843
Facebook, Inc., Class A*	2,379,256	847,728,913
Flowserve Corp.(a)	7,892,216	332,183,371
General Dynamics Corp.	242,088	47,456,511
HCA Healthcare, Inc.	1,502,337	372,880,043
IPG Photonics Corp.*	1,109,086	241,958,202
J G Boswell Co.	2,485	1,990,485
Kraft Heinz Co. (The)	4,471,740	172,027,838
Microsoft Corp.	2,016,253	574,450,642
Mills Music Trust(a)	31,592	1,280,740
Newmont Corp.	8,146,408	511,757,351
NOV, Inc.*(a)	24,797,848	342,458,281
Oracle Corp.	18,452,220	1,607,926,451
Philip Morris International, Inc.	8,199,501	820,688,055
PPG Industries, Inc.	784,198	128,232,057
Royal Gold, Inc.	1,295,545	157,434,628
salesforce.com, Inc.*	1,339,249	324,004,511
San Juan Basin Royalty Trust(a)	3,908,035	20,009,139
Schlumberger NV	18,099,708	521,814,582
Scotts Miracle-Gro Co. (The)	52,123	9,223,686
Teradata Corp.*(a)	9,658,435	479,637,882
Texas Instruments, Inc.	2,221,032	423,373,120
Travelers Cos., Inc. (The)	2,167,437	322,774,718
Truist Financial Corp.	3,096,287	168,530,901
UGI Corp.	6,123,570	281,622,984
Union Pacific Corp.	1,349,610	295,240,684
Universal Health Services, Inc., Class B	2,116,279	339,472,314
US Bancorp	6,565,740	364,661,200
W R Berkley Corp.	3,504,173	256,400,338
Wells Fargo & Co.	6,712,587	308,376,247
Weyerhaeuser Co., REIT	12,883,978	434,576,578
Willis Towers Watson plc	2,076,485	427,922,029
		20,995,742,999
TOTAL COMMON STOCKS (Cost $24,443,076,393)		39,713,371,841

Investments	Ounces	Value ($)
COMMODITIES - 10.3%

Gold bullion*
(Cost $3,015,662,623)	2,848,707	5,168,123,766

Investments	Principal Amount ($)		Value ($)
FOREIGN GOVERNMENT SECURITIES - 1.1%

Colombia - 0.2%
Republic of Colombia
5.75%, 11/3/2027	COP	424,900,400,000	105,679,820

Indonesia - 0.1%
Republic of Indonesia
8.38%, 3/15/2024	IDR	853,795,000,000	64,801,250

Malaysia - 0.2%
Malaysia Government Bond
3.42%, 8/15/2022	MYR	443,682,000	106,831,846

Mexico - 0.4%
Mex Bonos Desarr Fix Rt
6.50%, 6/9/2022	MXN	1,940,060,000	98,272,658
8.00%, 12/7/2023	MXN	911,940,000	47,902,590
10.00%, 12/5/2024	MXN	536,240,000	29,990,649
			176,165,897
Peru - 0.2%
Republic of Peru
8.20%, 8/12/2026(b)	PEN	249,858,000	73,631,264

TOTAL FOREIGN GOVERNMENT SECURITIES (Cost $548,135,730)			527,110,077

Investments	Principal Amount ($)	Value ($)
CORPORATE BONDS - 0.0%(c)

United States - 0.0%(c)
Bausch & Lomb, Inc.
7.13%, 8/1/2028‡ (Cost $5,044,948)	5,467,000	5,863,358

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Number of Warrants	Value ($)
WARRANTS - 0.0%(c)

Switzerland - 0.0%(c)
Cie Financiere Richemont SA, expiring 11/22/2023*
(Cost $–)	12,749,074	9,288,943

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 9.6%

COMMERCIAL PAPER - 9.5%
American Honda Finance Corp.
0.19%, 8/4/2021(d)	55,461,000	55,460,075
0.22%, 8/6/2021(d)	45,000,000	44,998,950
0.17%, 8/18/2021(d)	70,464,000	70,459,054
0.18%, 8/26/2021(d)	43,016,000	43,010,838
0.18%, 9/9/2021(d)	23,456,000	23,451,272
0.17%, 9/10/2021(d)	43,130,000	43,121,043
0.18%, 9/22/2021(d)	30,107,000	30,098,329
0.19%, 10/5/2021(d)	79,003,000	78,973,594
Aon Corp.
0.15%, 8/24/2021(d)	30,000,000	29,996,938
0.18%, 9/20/2021(d)	50,000,000	49,987,794
Apple, Inc.
0.03%, 9/8/2021(b)(d)	32,704,000	32,702,183
0.03%, 9/13/2021(b)(d)	27,561,000	27,559,277
0.05%, 9/16/2021(b)(d)	21,550,000	21,548,506
0.05%, 9/20/2021(b)(d)	39,324,000	39,320,876
0.06%, 10/19/2021(b)(d)	37,186,000	37,180,980
BASF SE
0.10%, 8/9/2021(b)(d)	36,858,000	36,856,894
BNG Bank NV
0.05%, 8/6/2021(b)(d)	85,714,000	85,712,833
0.09%, 8/19/2021(b)(d)	36,201,000	36,199,351
0.07%, 9/10/2021(b)(d)	47,150,000	47,144,609
0.07%, 9/14/2021(b)(d)	29,320,000	29,316,254
0.10%, 10/4/2021(b)(d)	30,062,000	30,056,378
BP Capital Markets plc
0.11%, 11/10/2021(d)	18,358,000	18,350,857
CenterPoint Energy, Inc.	22,661,000	22,660,753
0.11%, 8/2/2021(d)
Chevron Corp.
0.06%, 8/10/2021(b)(d)	31,615,000	31,614,275
0.06%, 8/12/2021(b)(d)	36,201,000	36,199,993
0.06%, 8/13/2021(b)(d)	37,937,000	37,935,835
Entergy Corp.
0.10%, 8/2/2021(b)(d)	14,664,000	14,663,841
Erste Abwicklungsanstalt
0.08%, 9/7/2021(b)(d)	47,203,000	47,198,193
0.08%, 9/13/2021(d)	73,400,000	73,391,743
0.10%, 10/1/2021(b)(d)	51,659,000	51,649,869
0.10%, 10/5/2021(b)(d)	14,740,000	14,737,202
Export Development Corp.
0.07%, 8/4/2021(d)	22,890,000	22,889,841
0.05%, 8/5/2021(d)	19,474,000	19,473,838
0.05%, 8/11/2021(d)	18,994,000	18,993,645
0.05%, 8/17/2021(d)	15,847,000	15,846,525
0.05%, 8/18/2021(d)	17,177,000	17,176,456
0.05%, 9/7/2021(d)	29,809,000	29,807,062
0.06%, 10/4/2021(d)	17,531,000	17,529,136
Exxon Mobil Corp.
0.05%, 9/22/2021(d)	21,896,000	21,894,029
FMS Wertmanagement
0.14%, 8/10/2021(b)(d)	25,526,000	25,525,376
0.09%, 8/11/2021(b)(d)	31,694,000	31,693,155
0.09%, 8/12/2021(b)(d)	27,483,000	27,482,206
0.09%, 8/17/2021(b)(d)	78,968,000	78,964,762
0.07%, 8/23/2021(b)(d)	62,938,000	62,934,392
0.07%, 8/24/2021(d)	72,877,000	72,872,597
0.09%, 9/21/2021(d)	76,916,000	76,905,809
0.10%, 9/27/2021(d)	26,603,000	26,599,076
0.10%, 10/7/2021(b)(d)	15,925,000	15,922,161
0.10%, 10/13/2021(b)(d)	47,226,000	47,216,653
General Motors Financial Co., Inc.
0.24%, 8/2/2021(d)	29,326,000	29,325,379
Hitachi International Treasury Ltd.
0.11%, 8/2/2021(d)	26,660,000	26,659,753
Hydro-Quebec
0.04%, 8/11/2021(b)(d)	17,108,000	17,107,715
0.04%, 8/12/2021(b)(d)	50,442,000	50,441,089
0.04%, 8/13/2021(b)(d)	15,847,000	15,846,692
0.05%, 9/9/2021(b)(d)	56,769,000	56,765,768

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Principal Amount ($)	Value ($)
0.03%, 9/20/2021(b)(d)	21,027,000	21,025,481
0.04%, 10/1/2021(b)(d)	35,062,000	35,058,871
0.05%, 10/12/2021(b)(d)	42,277,000	42,272,220
Kreditanstalt fuer Wiederaufbau
0.05%, 8/6/2021(d)	21,730,000	21,729,704
0.05%, 8/9/2021(d)	43,378,000	43,377,157
0.07%, 10/14/2021(b)(d)	55,074,000	55,063,536
0.08%, 11/1/2021(b)(d)	54,750,000	54,736,991
Linde, Inc.
0.04%, 8/3/2021(d)	20,848,000	20,847,861
LVMH Moet Hennessy Louis Vuitton SE
0.14%, 8/2/2021(d)	33,051,000	33,050,835
0.14%, 8/5/2021(b)(d)	48,688,000	48,687,513
0.09%, 10/5/2021(b)(d)	42,884,000	42,876,099
LVMH Moet Hennessy Louis Vuitton, Inc.
0.14%, 8/3/2021(b)(d)	32,302,000	32,301,785
MetLife Short Term Funding LLC
0.09%, 8/3/2021(b)(d)	23,368,000	23,367,829
0.06%, 8/27/2021(d)	50,000,000	49,997,705
0.04%, 8/30/2021(b)(d)	61,320,000	61,316,831
0.05%, 8/31/2021(b)(d)	24,735,000	24,733,681
0.04%, 9/10/2021(b)(d)	63,960,000	63,955,523
0.05%, 9/13/2021(b)(d)	72,013,000	72,007,599
0.06%, 9/15/2021(b)(d)	60,000,000	59,995,222
0.07%, 10/7/2021(b)(d)	16,593,000	16,590,678
Mitsui & Co. USA, Inc.
0.14%, 8/2/2021(d)	6,665,000	6,664,906
Nederlandse Waterschapsbank NV
0.09%, 9/30/2021(b)(d)	30,000,000	29,994,782
Nestle Capital Corp.
0.04%, 8/9/2021(b)(d)	16,418,000	16,417,790
0.05%, 8/18/2021(b)(d)	15,847,000	15,846,666
Nestle Finance International Ltd.
0.06%, 8/25/2021(d)	30,000,000	29,998,917
Nordea Bank Abp
0.12%, 8/11/2021(b)(d)	65,670,000	65,668,424
0.12%, 8/13/2021(d)	32,835,000	32,834,068
0.08%, 9/28/2021(d)	40,000,000	39,994,667
0.08%, 9/29/2021(d)	40,000,000	39,994,510
NRW Bank
0.06%, 8/4/2021(d)	70,207,000	70,206,249
0.07%, 8/23/2021(b)(d)	21,230,000	21,228,825
0.08%, 9/16/2021(b)(d)	17,383,000	17,380,868
0.09%, 9/17/2021(b)(d)`	48,861,000	48,854,815
0.08%, 10/4/2021(b)(d)	50,000,000	49,990,650
0.11%, 10/12/2021(b)(d)	37,186,000	37,177,974
0.10%, 10/21/2021(b)(d)	6,150,000	6,148,469
0.10%, 10/22/2021(b)(d)	31,482,000	31,474,067
Nutrien Ltd.
0.14%, 9/7/2021(d)	13,685,000	13,682,687
0.14%, 9/8/2021(d)	27,370,000	27,365,256
0.15%, 9/22/2021(d)	17,490,000	17,485,645
Province of Quebec
0.04%, 8/9/2021(b)(d)	32,835,000	32,834,544
0.05%, 8/16/2021(b)(d)	68,807,000	68,805,473
0.04%, 8/19/2021(b)(d)	26,960,000	26,959,371
0.03%, 8/31/2021(b)(d)	19,731,000	19,730,298
0.03%, 9/2/2021(b)(d)	38,264,000	38,262,555
0.04%, 9/8/2021(d)	62,867,000	62,864,206
0.03%, 9/15/2021(b)(d)	35,037,000	35,035,170
0.05%, 10/1/2021(b)(d)	50,000,000	49,996,413
0.06%, 10/6/2021(d)	36,600,000	36,597,027
PSP Capital, Inc.
0.04%, 8/20/2021(b)(d)	105,054,000	105,050,078
0.06%, 9/1/2021(b)(d)	36,194,000	36,191,611
0.05%, 9/2/2021(d)	34,530,000	34,527,619
0.05%, 9/14/2021(b)(d)	35,037,000	35,033,419
0.07%, 9/24/2021(b)(d)	44,135,000	44,129,508
QUALCOMM, Inc.
0.12%, 8/3/2021(b)(d)	16,418,000	16,417,836
0.12%, 9/16/2021(b)(d)	30,247,000	30,242,967
Sanofi
0.06%, 9/21/2021(b)(d)	47,910,000	47,905,768
0.07%, 9/23/2021(b)(d)	28,824,000	28,821,358
Schlumberger Holdings Corp.
0.08%, 8/17/2021(d)	50,000,000	49,997,700
Siemens Capital Co. LLC
0.06%, 9/21/2021(b)(d)	30,180,000	30,177,556

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Principal Amount ($)	Value ($)
ST Engineering North America, Inc.
0.08%, 8/19/2021(b)(d)	16,176,000	16,175,461
TotalEnergies Capital Canada Ltd.
0.11%, 8/2/2021(b)(d)	66,102,000	66,101,537
0.11%, 8/10/2021(b)(d)	58,421,000	58,419,483
0.10%, 8/16/2021(b)(d)	22,106,000	22,105,154
0.07%, 9/1/2021(b)(d)	83,834,000	83,827,084
0.10%, 10/6/2021(b)(d)	49,765,000	49,756,258
Travelers Cos., Inc. (The)
0.04%, 8/2/2021(b)(d)	50,000,000	49,999,709
Unilever Capital Corp.
0.03%, 8/3/2021(b)(d)	43,827,000	43,826,708
0.03%, 8/25/2021(b)(d)	5,155,000	5,154,739
0.03%, 9/2/2021(b)(d)	24,087,000	24,085,407
0.04%, 9/7/2021(b)(d)	22,028,000	22,026,330
TOTAL COMMERCIAL PAPER (Cost $4,779,942,660)		4,779,893,407

U.S. TREASURY OBLIGATIONS - 0.1%
U.S. Treasury Bills
0.00%, 9/23/2021(d)	15,000,000	14,999,025
0.03%, 11/12/2021(d)	15,000,000	14,997,864
TOTAL U.S. TREASURY OBLIGATIONS (Cost $29,998,817)		29,996,889

Investments	Shares	Value ($)
INVESTMENT COMPANIES - 0.0%(c)
JP Morgan U.S. Government Money Market Fund, Capital Shares 0.03% (e)(Cost $126,145)	126,145	126,145
TOTAL SHORT-TERM INVESTMENTS (Cost $4,810,067,622)		4,810,016,441

Total Investments - 100.0% (Cost $32,821,987,316)		50,233,774,426
Other assets less liabilities - 0.0%		9,391,132
Net Assets - 100.0%		50,243,165,558

*	Non-income producing security.
‡	Value determined using significant unobservable inputs.
(a)	Affiliated company as defined under the Investment Company Act of 1940.
(b)	Securities exempt from registration under Rule 144A or section 4(a)2 of the Securities Act of 1933. Total value of all such securities at July 31, 2021 amounted to $3,242,373,566, which represents approximately 6.45% of net assets of the Fund.
(c)	Represents less than 0.05% of net assets.
(d)	The rate shown was the current yield as of July 31, 2021.
(e)	Represents 7-day effective yield as of July 31, 2021.

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Forward Foreign Currency Exchange Contracts outstanding as of July 31, 2021

Currency Purchased		Currency Sold		Counterparty	Settlement Date	Unrealized Appreciation (Depreciation) ($)
EUR	82,002,000	USD	96,773,840	HSBC Bank plc	8/18/2021	529,841
USD	99,845,389	EUR	82,002,000	HSBC Bank plc	8/18/2021	2,541,708
GBP	20,145,000	USD	27,526,793	UBS AG	9/15/2021	477,819
USD	156,150,535	EUR	131,029,000	UBS AG	9/15/2021	581,768
GBP	26,782,000	USD	36,609,655	Goldman Sachs	10/20/2021	624,021
USD	149,422,079	EUR	123,087,000	Goldman Sachs	10/20/2021	3,179,459
USD	130,963,449	GBP	92,706,000	Goldman Sachs	10/20/2021	2,078,932
EUR	93,715,000	USD	110,832,045	Bank of New York Mellon	11/17/2021	581,846
USD	114,620,474	EUR	93,715,000	Bank of New York Mellon	11/17/2021	3,206,583
USD	114,627,184	EUR	96,146,000	JPMorgan Chase Bank	1/19/2022	149,539
Total unrealized appreciation						13,951,516
USD	118,475,356	GBP	86,069,000	UBS AG	9/15/2021	(1,173,638	)
Total unrealized depreciation						(1,173,638	)
Net unrealized appreciation						12,777,878

Abbreviations
ADR	American Depositary Receipt
COP	Colombian Peso
EUR	Euro
Fix Rt	Fixed Rate
GBP	British Pound
IDR	Indonesian Rupiah
MXN	Mexican Peso
MYR	Malaysia Ringgit
NVDR	Non-Voting Depositary Receipt
PEN	Peruvian Sol
Preference	A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference.
REIT	Real Estate Investment Trust
USD	United States Dollar

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Aerospace & Defense		0.2	%
Air Freight & Logistics		1.7
Auto Components		0.3
Banks		3.0
Beverages		1.5
Capital Markets		1.6
Chemicals		2.1
Commercial Services & Supplies		1.0
Commodities		10.3
Construction Materials		0.3
Consumer Finance		1.1
Diversified Financial Services		3.5
Electrical Equipment		1.0
Electronic Equipment, Instruments & Components		1.6
Energy Equipment & Services		1.7
Entertainment		0.0	*
Equity Real Estate Investment Trusts (REITs)		2.1
Food Products		3.1

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Foreign Government Securities		1.1	%
Gas Utilities		0.6
Health Care Equipment & Supplies		1.6
Health Care Providers & Services		2.4
Hotels, Restaurants & Leisure		1.4
Household Durables		0.8
Household Products		2.1
Industrial Conglomerates		1.2
Insurance		4.9
Interactive Media & Services		3.4
Internet & Direct Marketing Retail		0.7
Leisure Products		0.8
Machinery		4.5
Media		2.5
Metals & Mining		3.7
Oil, Gas & Consumable Fuels		2.7
Personal Products		1.1
Pharmaceuticals		1.5
Real Estate Management & Development		1.5
Road & Rail		0.6
Semiconductors & Semiconductor Equipment		2.8
Software		5.9
Specialty Retail		0.0	*
Technology Hardware, Storage & Peripherals		0.4
Textiles, Apparel & Luxury Goods		2.0
Tobacco		3.8
Trading Companies & Distributors		0.3
Short-Term Investments		9.6
Total Investments		100.0	%

Less than 0.05%

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Affiliated Securities

Security Description	Shares at July 31, 2021		Market Value October 31, 2020		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation/ (Depreciation)			Market Value July 31, 2021		Dividend Income
COMMON STOCKS—4.3%
Japan—0.7%
Chofu Seisakusho Co. Ltd.	3,224,200	$	65,662,564	$	–	$	–		$	–	$	(7,006,168	)	$	58,656,396	$	921,309
Hirose Electric Co. Ltd.^	1,555,415		276,532,947		–		(61,053,991	)		17,005,952		526,637			233,011,545		1,522,498
T Hasegawa Co. Ltd.	3,002,800		58,518,604		–		–			–		11,432,290			69,950,894		590,857
			400,714,115		–		(61,053,991	)		17,005,952		4,952,759			361,618,835		3,034,664

South Korea—0.0% (a)
Namyang Dairy Products Co. Ltd. ^	7,644		9,013,160				(15,024,456	)		8,892,152		1,135,769			4,016,625		30,572

United States—3.6%
CH Robinson Worldwide, Inc.	7,172,180		634,235,877		–		–			–		5,307,414			639,543,291		10,973,435
Flowserve Corp.	7,892,216		229,821,330		–		–			–		102,362,041			332,183,371		4,735,330
Mills Music Trust	31,592		1,168,904		–		–			–		111,836			1,280,740		67,005
NOV, Inc.*(b)	24,797,848		199,639,163		15,533,251		–			–		127,285,867			342,458,281		–
San Juan Basin Royalty Trust	3,908,035		12,818,355		–		–			–		7,190,784			20,009,139		1,713,068
Teradata Corp.*	9,658,435		177,425,451		–		–			–		302,212,431			479,637,882		–
			1,255,109,080		15,533,251		–			–		544,470,373			1,815,112,704		17,488,838

Total COMMON STOCKS			1,664,836,355		15,533,251		(76,078,447	)		25,898,104		550,558,901			2,180,748,164		20,554,074
Total		$	1,664,836,355	$	15,533,251	$	(76,078,447	)	$	25,898,104	$	550,558,901		$	2,180,748,164	$	20,554,074

* Non-income producing security.

^ Represents an unaffiliated issuer as of July 31, 2021.

(a)Represents less than 0.05% of net assets.

(b)Formerly known as National Oilwell Varco, Inc.

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Overseas Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 76.2%

Australia - 0.3%
Newcrest Mining Ltd.		2,725,136		52,670,210

Belgium - 2.6%
Groupe Bruxelles Lambert SA		3,253,637		378,558,217
Legris Industries SE*‡(a)(b)(c)		905,366		18,311,537
				396,869,754
Brazil - 2.3%
Ambev SA, ADR		65,314,679		207,047,532
Itausa SA (Preference)		21,245,421		45,564,509
Wheaton Precious Metals Corp.		2,256,314		104,128,891
				356,740,932
Canada - 5.8%
Agnico Eagle Mines Ltd.		717,589		46,422,417
Barrick Gold Corp.		3,513,293		76,484,389
Franco-Nevada Corp.		224,985		35,985,698
Imperial Oil Ltd.		8,488,821		232,564,846
Nutrien Ltd.		4,880,537		289,903,898
Power Corp. of Canada		6,484,234		206,959,120
				888,320,368
Chile - 1.3%
Cia Cervecerias Unidas SA, ADR(b)		9,392,572		199,686,081

China - 1.0%
Alibaba Group Holding Ltd., ADR*		370,986		72,412,757
Prosus NV*		805,565		71,871,266
				144,284,023
France - 6.8%
Danone SA		5,117,957		376,443,993
Laurent-Perrier(b)		558,938		67,630,101
Legrand SA		851,876		96,002,971
LVMH Moet Hennessy Louis Vuitton SE		30,062		24,069,662
Rexel SA*		1,721,446		36,343,046
Saint Jean Groupe SA*		18,420		524,417
Sanofi		1,976,892		203,764,851
Sodexo SA*		1,804,517		153,754,750
Wendel SE		493,657		69,292,188
				1,027,825,979
Germany - 1.8%
Brenntag SE		694,013		69,317,618
FUCHS PETROLUB SE (Preference)		1,722,146		85,812,055
Henkel AG & Co. KGaA (Preference)		1,110,242		112,561,485
				267,691,158
Hong Kong - 4.3%
CK Asset Holdings Ltd.		16,771,500		114,108,262
Great Eagle Holdings Ltd.		22,777,700		71,333,341
Guoco Group Ltd.		7,806,340		89,416,362
Hongkong Land Holdings Ltd.		15,883,500		72,063,064
Hysan Development Co. Ltd.		17,500,405		68,910,315
Jardine Matheson Holdings Ltd.		3,892,300		231,575,048
				647,406,392
Ireland - 0.5%
CRH plc		1,586,739		79,303,803

Japan - 16.8%
As One Corp.		709,140		96,346,677
Chofu Seisakusho Co. Ltd.(b)		1,829,100		33,275,980
Daiichikosho Co. Ltd.(b)		2,866,280		100,393,333
FANUC Corp.		1,241,140		277,975,322
Hirose Electric Co. Ltd.		919,830		137,796,671
Hoshizaki Corp.		932,800		78,329,969
Hoya Corp.		558,630		78,861,593
Kansai Paint Co. Ltd.		3,559,930		87,429,786
Keyence Corp.		255,000		142,035,763
Komatsu Ltd.		3,814,300		95,582,715
Mitsubishi Electric Corp.		10,867,500		147,442,103
Mitsubishi Estate Co. Ltd.		13,600,150		213,344,529
MS&AD Insurance Group Holdings, Inc.		2,734,700		84,532,477
Nagaileben Co. Ltd.		1,687,224		39,798,946
Olympus Corp.		840,372		17,294,310
Pilot Corp.		241,300		8,293,642
Secom Co. Ltd.		3,108,600		235,291,817
Shimano, Inc.		710,470		181,865,486
SK Kaken Co. Ltd.		87,561		33,806,179
SMC Corp.		255,490		151,882,126
Sompo Holdings, Inc.		6,347,500		262,418,823
T Hasegawa Co. Ltd.		1,906,436		44,410,850
USS Co. Ltd.		425,500		7,407,081
Yokogawa Electric Corp.		13,600		209,225
				2,556,025,403
Mexico - 1.5%
Fomento Economico Mexicano SAB de CV, ADR		1,956,404		170,931,018
Fresnillo plc		1,698,076		19,317,858
Grupo Mexico SAB de CV, Series B		566,938		2,597,697
Industrias Penoles SAB de CV*		2,246,692		31,680,826
				224,527,399
Netherlands - 1.8%
HAL Trust		618,494		108,890,078
Royal Dutch Shell plc, Class A		8,311,366		168,831,575
				277,721,653
Norway - 0.8%
Orkla ASA		13,903,113		126,273,705

Singapore - 2.0%
ComfortDelGro Corp. Ltd.		20,481,815		23,761,237
Haw Par Corp. Ltd.(b)		19,447,213		192,098,581
United Overseas Bank Ltd.		828,500		16,017,878
UOL Group Ltd.		14,128,300		75,933,573
				307,811,269

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Overseas Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares	Value ($)
South Korea - 3.7%
Fursys, Inc.(b)	872,463	27,241,051
Hyundai Mobis Co. Ltd.	383,757	89,160,223
KT&G Corp.	2,525,785	180,820,504
Lotte Confectionery Co. Ltd.	104,605	12,910,620
Lotte Corp.	772,717	25,369,323
Namyang Dairy Products Co. Ltd.	4,387	2,305,198
Namyang Dairy Products Co. Ltd. (Preference)(b)	15,711	4,865,815
NAVER Corp.	126,327	47,612,860
NongShim Co. Ltd.	203,663	58,239,394
Samsung Electronics Co. Ltd. (Preference)	1,863,921	117,009,315
		565,534,303
Sweden - 3.2%
Industrivarden AB, Class C	1,572,517	60,195,913
Investor AB, Class A	5,450,968	135,441,367
Investor AB, Class B	8,384,352	207,634,457
Svenska Handelsbanken AB, Class A	8,041,032	90,616,899
		493,888,636
Switzerland - 4.2%
Cie Financiere Richemont SA (Registered)	2,792,597	357,366,475
Nestle SA (Registered)	2,199,560	278,529,575
		635,896,050
Taiwan - 1.9%
Taiwan Secom Co. Ltd.	8,545,694	28,745,744
Taiwan Semiconductor Manufacturing Co. Ltd., ADR	2,219,495	258,881,897
		287,627,641
Thailand - 0.6%
Bangkok Bank PCL, NVDR	21,880,059	68,252,592
Thai Beverage PCL	52,214,985	25,005,456
		93,258,048
Turkey - 0.2%
AG Anadolu Grubu Holding A/S	9,010,620	25,044,947

United Kingdom - 9.9%
BAE Systems plc	3,187,739	25,557,828
Berkeley Group Holdings plc	1,972,051	132,774,124
British American Tobacco plc	8,470,873	315,051,891
Diageo plc	1,711,810	84,882,257
GlaxoSmithKline plc	7,145,873	141,086,855
Great Portland Estates plc, REIT	1,005,391	10,640,620
Hiscox Ltd.*	7,851,225	95,339,345
Linde plc	379,496	116,370,324
Lloyds Banking Group plc	217,111,612	137,272,512
Reckitt Benckiser Group plc	1,827,421	139,797,076
Ultra Electronics Holdings plc	400,204	17,622,436
Unilever plc	5,101,676	294,060,032
		1,510,455,300
United States - 2.9%
Newmont Corp.	2,780,992	174,701,917
Royal Gold, Inc.	407,717	49,545,770
Willis Towers Watson plc	1,045,261	215,407,387
		439,655,074
TOTAL COMMON STOCKS (Cost $7,641,208,087)		11,604,518,128

Investments	Ounces	Value ($)
COMMODITIES - 10.0%

Gold bullion*
(Cost $799,500,107)	836,267	1,517,156,301

Investments	Principal Amount ($)			Value ($)
FOREIGN GOVERNMENT SECURITIES - 1.9%

Colombia - 0.3%
Republic of Colombia
5.75%, 11/3/2027		COP	197,257,600,000		49,061,257

Indonesia - 0.1%
Republic of Indonesia
8.38%, 3/15/2024		IDR	267,431,000,000		20,297,452

Malaysia - 0.3%
Malaysia Government Bond
3.42%, 8/15/2022		MYR	181,499,000		43,702,186

Mexico - 0.5%
Mex Bonos Desarr Fix Rt
6.50%, 6/9/2022		MXN	668,090,000		33,841,727
8.00%, 12/7/2023		MXN	377,210,000		19,814,172
10.00%, 12/5/2024		MXN	366,710,000		20,509,232
					74,165,131
Peru - 0.2%
Republic of Peru
8.20%, 8/12/2026(d)		PEN	102,111,000		30,091,340

Singapore - 0.5%
Republic of Singapore
3.13%, 9/1/2022		SGD	97,397,000		74,024,451

TOTAL FOREIGN GOVERNMENT SECURITIES (Cost $299,854,435)					291,341,817

Investments	Number of Warrants	Value ($)
WARRANTS - 0.0%(e)

Switzerland - 0.0%(e)
Cie Financiere Richemont SA, expiring 11/22/2023*
(Cost $–)	5,585,194	4,069,358

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Overseas Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 11.9%

COMMERCIAL PAPER - 11.8%
American Honda Finance Corp.
0.19%, 8/4/2021(f)		13,462,000		13,461,776
0.17%, 8/18/2021(f)		13,776,000		13,775,033
0.18%, 8/26/2021(f)		11,984,000		11,982,562
0.18%, 9/9/2021(f)		16,544,000		16,540,665
0.17%, 9/10/2021(f)		21,870,000		21,865,458
0.18%, 9/22/2021(f)		24,893,000		24,885,831
Apple, Inc.
0.03%, 9/8/2021(d)(f)		7,296,000		7,295,595
0.03%, 9/13/2021(d)(f)		19,439,000		19,437,785
0.05%, 9/16/2021(d)(f)		20,437,000		20,435,583
0.05%, 9/20/2021(d)(f)		10,676,000		10,675,152
0.06%, 10/19/2021(d)(f)		12,814,000		12,812,270
BASF SE
0.10%, 8/9/2021(d)(f)		20,842,000		20,841,375
BNG Bank NV
0.04%, 8/6/2021(d)(f)		39,286,000		39,285,465
0.09%, 8/19/2021(d)(f)		13,799,000		13,798,371
0.07%, 9/10/2021(d)(f)		27,850,000		27,846,816
0.07%, 9/14/2021(d)(f)		20,680,000		20,677,358
0.10%, 10/4/2021(d)(f)		39,688,000		39,680,578
BP Capital Markets plc
0.11%, 11/10/2021(f)		6,642,000		6,639,416
CenterPoint Energy, Inc.
0.11%, 8/2/2021(f)		16,746,000		16,745,817
Chevron Corp.
0.06%, 8/10/2021(d)(f)		18,385,000		18,384,579
0.06%, 8/12/2021(d)(f)		13,799,000		13,798,616
0.06%, 8/13/2021(d)(f)		22,063,000		22,062,322
Entergy Corp.
0.10%, 8/2/2021(d)(f)		10,836,000		10,835,883
Erste Abwicklungsanstalt
0.08%, 9/7/2021(d)(f)		27,797,000		27,794,169
0.10%, 10/1/2021(d)(f)		23,341,000		23,336,875
0.10%, 10/5/2021(d)(f)		6,660,000		6,658,736
Export Development Corp.
0.05%, 8/5/2021(f)		5,526,000		5,525,954
0.05%, 8/11/2021(f)		6,006,000		6,005,888
0.05%, 8/17/2021(f)		8,722,000		8,721,738
0.05%, 8/18/2021(f)		7,823,000		7,822,752
0.05%, 9/7/2021(f)		9,597,000		9,596,376
0.06%, 10/4/2021(f)		7,158,000		7,157,239
Exxon Mobil Corp.
0.05%, 9/22/2021(f)		18,104,000		18,102,371
FMS Wertmanagement
0.14%, 8/10/2021(d)(f)		13,274,000		13,273,676
0.09%, 8/11/2021(d)(f)		17,445,000		17,444,535
0.09%, 8/12/2021(d)(f)		12,517,000		12,516,638
0.09%, 8/17/2021(d)(f)		19,732,000		19,731,191
0.07%, 8/23/2021(d)(f)		37,062,000		37,059,875
0.07%, 8/24/2021(f)		27,123,000		27,121,361
0.09%, 9/21/2021(f)		22,240,000		22,237,053
0.10%, 9/27/2021(f)		23,397,000		23,393,549
0.10%, 10/7/2021(d)(f)		8,075,000		8,073,561
0.10%, 10/13/2021(d)(f)		16,274,000		16,270,779
General Motors Financial Co., Inc.
0.24%, 8/2/2021(f)		21,672,000		21,671,541
Hitachi International Treasury Ltd.
0.11%, 8/2/2021(f)		19,701,000		19,700,818
Hydro-Quebec
0.04%, 8/11/2021(d)(f)		7,792,000		7,791,870
0.04%, 8/12/2021(d)(f)		15,948,000		15,947,712
0.04%, 8/13/2021(d)(f)		8,722,000		8,721,831
0.06%, 9/9/2021(d)(f)		25,179,000		25,177,566
0.03%, 9/20/2021(d)(f)		8,973,000		8,972,352
0.04%, 10/1/2021(d)(f)		14,317,000		14,315,722
0.05%, 10/12/2021(d)(f)		7,723,000		7,722,127
Kreditanstalt fuer Wiederaufbau
0.05%, 8/6/2021(f)		3,970,000		3,969,946
0.05%, 8/9/2021(f)		20,778,000		20,777,596
0.07%, 10/14/2021(d)(f)		19,926,000		19,922,214
Linde, Inc.
0.04%, 8/3/2021(f)		8,952,000		8,951,940
LVMH Moet Hennessy Louis Vuitton SE
0.14%, 8/2/2021(f)		16,258,000		16,257,919
0.14%, 8/5/2021(d)(f)		25,562,000		25,561,744
0.09%, 10/5/2021(d)(f)		22,957,000		22,952,770
LVMH Moet Hennessy Louis Vuitton, Inc.
0.14%, 8/3/2021(d)(f)		17,698,000		17,697,882
MetLife Short Term Funding LLC
0.09%, 8/3/2021(d)(f)		6,632,000		6,631,951
0.04%, 8/30/2021(d)(f)		13,680,000		13,679,293
0.05%, 8/31/2021(d)(f)		5,527,000		5,526,705
0.06%, 9/15/2021(d)(f)		15,000,000		14,998,806
0.07%, 10/7/2021(d)(f)		15,949,000		15,946,769
Mitsui & Co. USA, Inc.
0.14%, 8/2/2021(f)		4,925,000		4,924,930
Nederlandse Waterschapsbank NV
0.09%, 9/30/2021(d)(f)		20,000,000		19,996,521
Nestle Capital Corp.
0.04%, 8/9/2021(d)(f)		5,102,000		5,101,935
0.05%, 8/18/2021(d)(f)		8,722,000		8,721,816
Nestle Finance International Ltd.
0.06%, 8/25/2021(f)		10,000,000		9,999,639

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Overseas Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Principal Amount ($)	Value ($)
Nordea Bank Abp
0.12%, 8/11/2021(d)(f)	20,410,000	20,409,510
0.12%, 8/13/2021(f)	10,205,000	10,204,710
0.08%, 9/28/2021(f)	10,000,000	9,998,667
0.08%, 9/29/2021(f)	10,000,000	9,998,628
NRW Bank
0.06%, 8/4/2021(f)	29,609,000	29,608,684
0.08%, 9/16/2021(d)(f)	7,417,000	7,416,090
0.09%, 9/17/2021(d)(f)	17,189,000	17,186,824
0.11%, 10/12/2021(d)(f)	12,814,000	12,811,234
0.10%, 10/21/2021(d)(f)	18,850,000	18,845,306
0.10%, 10/22/2021(d)(f)	13,518,000	13,514,594
Nutrien Ltd.
0.14%, 9/7/2021(f)	11,315,000	11,313,088
0.14%, 9/8/2021(f)	22,630,000	22,626,077
0.15%, 9/22/2021(f)	7,510,000	7,508,130
Province of Quebec
0.04%, 8/9/2021(d)(f)	10,205,000	10,204,858
0.05%, 8/16/2021(d)(f)	33,726,000	33,725,252
0.04%, 8/19/2021(d)(f)	15,582,000	15,581,636
0.03%, 8/31/2021(d)(f)	11,619,000	11,618,587
0.03%, 9/2/2021(d)(f)	8,536,000	8,535,677
0.04%, 9/8/2021(f)	37,133,000	37,131,350
0.04%, 9/15/2021(d)(f)	14,963,000	14,962,219
0.06%, 10/6/2021(f)	30,000,000	29,997,563
PSP Capital, Inc.
0.04%, 8/20/2021(d)(f)	34,820,000	34,818,700
0.06%, 9/1/2021(d)(f)	19,376,000	19,374,721
0.05%, 9/2/2021(f)	7,716,000	7,715,468
0.05%, 9/14/2021(d)(f)	14,963,000	14,961,471
0.07%, 9/24/2021(d)(f)	9,150,000	9,148,861
QUALCOMM, Inc.
0.12%, 8/3/2021(d)(f)	5,102,000	5,101,949
0.12%, 9/16/2021(d)(f)	26,603,000	26,599,453
Sanofi
0.06%, 9/21/2021(d)(f)	27,090,000	27,087,607
0.07%, 9/23/2021(d)(f)	7,826,000	7,825,283
Siemens Capital Co. LLC
0.06%, 9/21/2021(d)(f)	6,743,000	6,742,454
ST Engineering North America, Inc.
0.08%, 8/19/2021(d)(f)	9,349,000	9,348,688
TotalEnergies Capital Canada Ltd.
0.11%, 8/2/2021(d)(f)	32,516,000	32,515,772
0.11%, 8/10/2021(d)(f)	16,579,000	16,578,570
0.10%, 8/16/2021(d)(f)	12,778,000	12,777,511
0.07%, 9/1/2021(d)(f)	28,076,000	28,073,684
0.10%, 10/6/2021(d)(f)	25,235,000	25,230,567
Unilever Capital Corp.
0.03%, 8/3/2021(d)(f)	17,896,000	17,895,881
0.03%, 8/25/2021(d)(f)	3,045,000	3,044,846
0.03%, 9/2/2021(d)(f)	12,113,000	12,112,199
0.04%, 9/7/2021(d)(f)	12,972,000	12,971,016
TOTAL COMMERCIAL PAPER (Cost $1,796,391,943)		1,796,373,922

U.S. TREASURY OBLIGATIONS - 0.1%
U.S. Treasury Bills
0.01%, 9/23/2021(f)	10,000,000	9,999,350
0.02%, 11/12/2021(f)	10,000,000	9,998,576
TOTAL U.S. TREASURY OBLIGATIONS (Cost $19,999,211)		19,997,926

Investments	Shares	Value ($)
INVESTMENT COMPANIES - 0.0%(e)
JP Morgan U.S. Government Money Market Fund, Capital Shares 0.03% (g)(Cost $37,011)	37,011	37,011
TOTAL SHORT-TERM INVESTMENTS (Cost $1,816,428,165)		1,816,408,859

Total Investments - 100.0% (Cost $10,556,990,794)		15,233,494,463
Liabilities in excess of other assets - 0.0%		(4,644,178	)
Net Assets - 100.0%		15,228,850,285

*	Non-income producing security.
‡	Value determined using significant unobservable inputs.
(a)	Security fair valued as of July 31, 2021 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at July 31, 2021 amounted to $18,311,537, which represents approximately 0.12% of net assets of the Fund.
(b)	Affiliated company as defined under the Investment Company Act of 1940.
(c)	Represents a security that is subject to legal or contractual restrictions on resale.
(d)	Securities exempt from registration under Rule 144A or section 4(a)2 of the Securities Act of 1933. Total value of all such securities at July 31, 2021 amounted to $1,282,527,729, which represents approximately 8.42% of net assets of the Fund.
(e)	Represents less than 0.05% of net assets.
(f)	The rate shown was the current yield as of July 31, 2021.
(g)	Represents 7-day effective yield as of July 31, 2021.

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Overseas Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Forward Foreign Currency Exchange Contracts outstanding as of July 31, 2021

Currency Purchased		Currency Sold		Counterparty	Settlement Date	Unrealized Appreciation (Depreciation) ($)
EUR	49,641,000	USD	58,583,330	HSBC Bank plc	8/18/2021	320,746
USD	60,442,733	EUR	49,641,000	HSBC Bank plc	8/18/2021	1,538,657
GBP	9,053,000	USD	12,370,318	UBS AG	9/15/2021	214,728
USD	92,740,040	EUR	77,820,000	UBS AG	9/15/2021	345,520
GBP	11,369,000	USD	15,540,855	Goldman Sachs	10/20/2021	264,898
USD	87,761,663	EUR	72,294,000	Goldman Sachs	10/20/2021	1,867,426
USD	56,514,063	GBP	40,005,000	Goldman Sachs	10/20/2021	897,112
EUR	49,807,000	USD	58,904,249	Bank of New York Mellon	11/17/2021	309,236
USD	60,917,697	EUR	49,807,000	Bank of New York Mellon	11/17/2021	1,704,212
USD	61,103,659	EUR	51,252,000	JPMorgan Chase Bank	1/19/2022	79,714
Total unrealized appreciation						7,542,249
USD	51,878,135	GBP	37,688,000	UBS AG	9/15/2021	(513,914)
Total unrealized depreciation						(513,914)
Net unrealized appreciation						7,028,335

Abbreviations
ADR	American Depositary Receipt
COP	Colombian Peso
EUR	Euro
Fix Rt	Fixed Rate
GBP	British Pound
IDR	Indonesian Rupiah
MXN	Mexican Peso
MYR	Malaysia Ringgit
NVDR	Non-Voting Depositary Receipt
PEN	Peruvian Sol
Preference	A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference.
REIT	Real Estate Investment Trust
SGD	Singapore Dollar
USD	United States Dollar

Restricted Securities		Acquisition Date		Cost				Carrying Value Per Share/Principal
Legris Industries SE		04/30/04		$	23,433,066			$	20.23

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Overseas Fund

Consolidated Schedule of Investments July 31, 2021
(unaudited)

Affiliated Securities

Security Description	Shares at July 31, 2021		Market Value October 31, 2020		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation/ (Depreciation)			Market Value July 31, 2021		Dividend Income
Common Stock — 4.2%
Belgium — 0.1%
Legris Industries SE*‡(a)(b)		905,366	$	8,129,690	$	–	$	–		$	–	$	10,181,847		$	18,311,537	$	–

Chile — 1.3%
Cia Cervecerias Unidas SA		9,392,572		101,064,075		–		–			–		98,622,006			199,686,081		3,199,536

France — 0.4%
Laurent-Perrier		558,938		45,954,829		–		–			–		21,675,272			67,630,101		564,891

Japan — 0.9%
Chofu Seisakusho Co. Ltd.		1,829,100		37,250,603		–		–			–		(3,974,623	)		33,275,980		522,662
Daiichikosho Co. Ltd.		2,866,280		91,899,275		5,851,902		–			–		2,642,156			100,393,333		1,332,670
				129,149,878		5,851,902		–			–		(1,332,467	)		133,669,313		1,855,332

Singapore — 1.3%
Haw Par Corp. Ltd.		19,447,213		133,533,111		–		–			–		58,565,470			192,098,581		2,192,059

South Korea — 0.2%
Fursys, Inc.		872,463		22,683,276		–		–			–		4,557,775			27,241,051		667,008
Namyang Dairy Products Co. Ltd. (Preference)		15,711		3,228,542		–		(2,739,693	)		2,529,757		1,847,209			4,865,815		21,821
				25,911,818		–		(2,739,693	)		2,529,757		6,404,984			32,106,866		688,829

Total COMMON STOCKS				443,743,401		5,851,902		(2,739,693	)		2,529,757		194,117,112			643,502,479		8,500,647
Total			$	443,743,401	$	5,851,902	$	(2,739,693	)	$	2,529,757	$	194,117,112		$	643,502,479	$	8,500,647

* Non-income producing security.

‡ Value determined using significant unobservable inputs.

(a)Security fair valued as of July 31, 2021 in accordance with

procedures approved by the Board of Trustees. Total value of all such securities at July 31, 2021 amounted to $18,311,537, which represents approximately 0.12% of net assets of the Fund.

(b)Represents a security that is subject to legal or contractual restrictions on resale.

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Overseas Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Aerospace & Defense		0.3	%
Auto Components		0.6
Banks		2.3
Beverages		5.0
Chemicals		4.3
Commercial Services & Supplies		2.0
Commodities		10.0
Construction Materials		0.5
Consumer Finance		0.1
Diversified Financial Services		6.3
Electrical Equipment		1.6
Electronic Equipment, Instruments & Components		1.8
Entertainment		0.7
Equity Real Estate Investment Trusts (REITs)		0.1
Food Products		5.6
Foreign Government Securities		1.9
Health Care Equipment & Supplies		0.9
Health Care Providers & Services		0.6
Hotels, Restaurants & Leisure		1.0
Household Durables		1.1
Household Products		1.7
Industrial Conglomerates		2.4
Insurance		5.7
Interactive Media & Services		0.3
Internet & Direct Marketing Retail		0.9
Leisure Products		1.2
Machinery		4.0
Metals & Mining		3.9
Oil, Gas & Consumable Fuels		2.6
Personal Products		1.9
Pharmaceuticals		3.5
Real Estate Management & Development		4.0
Road & Rail		0.2
Semiconductors & Semiconductor Equipment		1.7
Specialty Retail		0.0	*
Technology Hardware, Storage & Peripherals		0.8
Textiles, Apparel & Luxury Goods		2.6
Tobacco		3.3
Trading Companies & Distributors		0.7
Short-Term Investments		11.9
Total Investments		100.0	%

Less than 0.05%

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle U.S. Value Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 79.9%

Aerospace & Defense - 0.2%
General Dynamics Corp.		12,035		2,359,221

Air Freight & Logistics - 3.1%
CH Robinson Worldwide, Inc.		326,601		29,123,011
Expeditors International of Washington, Inc.		89,172		11,436,309
				40,559,320
Banks - 3.0%
Truist Financial Corp.		170,230		9,265,619
US Bancorp		345,798		19,205,621
Wells Fargo & Co.		247,457		11,368,174
				39,839,414
Capital Markets - 3.3%
Bank of New York Mellon Corp. (The)		607,458		31,180,819
Charles Schwab Corp. (The)		186,176		12,650,659
				43,831,478
Chemicals - 2.6%
Linde plc (United Kingdom)		33,234		10,215,799
Nutrien Ltd. (Canada)		291,774		17,331,375
PPG Industries, Inc.		36,734		6,006,744
Scotts Miracle-Gro Co. (The)		2,359		417,449
				33,971,367
Consumer Finance - 1.7%
American Express Co.		130,853		22,314,362

Diversified Financial Services - 1.2%
Berkshire Hathaway, Inc., Class A*		38		15,918,200

Electronic Equipment, Instruments & Components - 1.0%
IPG Photonics Corp.*		57,728		12,593,941

Energy Equipment & Services - 2.6%
NOV, Inc.*		998,989		13,796,038
Schlumberger NV		719,018		20,729,289
				34,525,327
Equity Real Estate Investment Trusts (REITs) - 3.4%
Boston Properties, Inc.		64,068		7,520,302
Douglas Emmett, Inc.		180,342		6,023,423
Equity Residential		161,312		13,571,178
Weyerhaeuser Co.		505,903		17,064,108
				44,179,011
Food Products - 0.6%
Kraft Heinz Co. (The)		206,681		7,951,018

Gas Utilities - 0.9%
UGI Corp.		242,612		11,157,726

Health Care Equipment & Supplies - 2.0%
Becton Dickinson and Co.		38,874		9,942,026
DENTSPLY SIRONA, Inc.		248,830		16,432,733
				26,374,759
Health Care Providers & Services - 5.3%
Anthem, Inc.		64,857		24,905,737
HCA Healthcare, Inc.		98,362		24,413,448
Universal Health Services, Inc., Class B		123,366		19,789,140
				69,108,325
Hotels, Restaurants & Leisure - 1.3%
Booking Holdings, Inc.*		8,032		17,495,784

Household Products - 2.9%
Colgate-Palmolive Co.		479,090		38,087,655

Insurance - 5.7%
Alleghany Corp.*		19,289		12,790,536
Brown & Brown, Inc.		371,421		20,205,302
Travelers Cos., Inc. (The)		113,399		16,887,379
W R Berkley Corp.		181,882		13,308,306
Willis Towers Watson plc		54,200		11,169,536
				74,361,059
Interactive Media & Services - 6.3%
Alphabet, Inc., Class A*		7,298		19,664,680
Alphabet, Inc., Class C*		7,454		20,158,747
Facebook, Inc., Class A*		120,766		43,028,926
				82,852,353
Machinery - 3.8%
Cummins, Inc.		70,664		16,401,114
Deere & Co.		49,813		18,011,883
Flowserve Corp.		378,708		15,939,820
				50,352,817
Media - 4.1%
Comcast Corp., Class A		920,308		54,141,720

Metals & Mining - 3.2%
Agnico Eagle Mines Ltd. (Canada)		82,024		5,306,314
Barrick Gold Corp. (Canada)		311,133		6,773,365
Franco-Nevada Corp. (Canada)		21,527		3,443,181
Newcrest Mining Ltd. (Australia)		236,346		4,567,990
Newmont Corp.		261,386		16,420,269
Royal Gold, Inc.		38,764		4,710,601
				41,221,720
Oil, Gas & Consumable Fuels - 2.9%
Exxon Mobil Corp.		659,372		37,960,046

Road & Rail - 1.5%
Union Pacific Corp.		89,296		19,534,393

Semiconductors & Semiconductor Equipment - 3.7%
Analog Devices, Inc.		143,380		24,004,680
Texas Instruments, Inc.		128,555		24,505,154
				48,509,834
Software - 10.3%
Microsoft Corp.		115,611		32,938,730

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle U.S. Value Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
Oracle Corp.		736,977		64,220,176
salesforce.com, Inc.*		58,794		14,224,032
Teradata Corp.*		463,744		23,029,527
				134,412,465
Tobacco - 3.3%
Philip Morris International, Inc.		435,178		43,556,966

TOTAL COMMON STOCKS (Cost $554,375,345)				1,047,170,281

Investments	Ounces		Value ($)
COMMODITIES - 10.2%

Gold bullion (Cost $79,442,806)*		73,531		133,399,764

Investments	Shares		Value ($)
MASTER LIMITED PARTNERSHIPS - 1.9%

Oil, Gas & Consumable Fuels - 1.9%
Enterprise Products Partners LP		526,087		11,873,784
Magellan Midstream Partners LP		288,808		13,458,453

TOTAL MASTER LIMITED PARTNERSHIPS (Cost $23,074,793)				25,332,237

Investments	Principal Amount ($)		Value ($)
CORPORATE BONDS - 0.0%(a)

Health Care Equipment & Supplies - 0.0%(a)
Bausch & Lomb, Inc.
7.13%, 8/1/2028‡ (Cost $551,424)		600,000		643,500

Investments		Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 8.3%

COMMERCIAL PAPER - 3.7%
Apple, Inc.
0.05%, 9/16/2021(b)(c)		8,013,000		8,012,444
CenterPoint Energy, Inc.
0.11%, 8/2/2021(c)		5,579,000		5,578,939
Entergy Corp.
0.10%, 8/2/2021(b)(c)		3,610,000		3,609,961
General Motors Financial Co., Inc.
0.24%, 8/2/2021(c)		7,220,000		7,219,847
Hitachi International Treasury Ltd. (Japan)
0.11%, 8/2/2021(c)		6,564,000		6,563,939
LVMH Moet Hennessy Louis Vuitton SE (France)
0.09%, 10/5/2021(b)(c)		2,296,000		2,295,577
MetLife Short Term Funding LLC
0.04%, 9/10/2021(b)(c)		2,654,000		2,653,814
0.05%, 9/13/2021(b)(c)		2,987,000		2,986,776
0.07%, 10/7/2021(b)(c)		5,958,000		5,957,167
Mitsui & Co. USA, Inc.
0.14%, 8/2/2021(c)		1,641,000		1,640,977
PSP Capital, Inc. (Canada)
0.06%, 9/1/2021(b)(c)		1,938,000		1,937,872
TOTAL COMMERCIAL PAPER (Cost $48,457,840)				48,457,313

Investments	Shares		Value ($)
INVESTMENT COMPANIES - 0.0%(a)
JP Morgan U.S. Government Money Market Fund, Capital Shares, 0.03%, (d)
(Cost $19,259)		19,259		19,259

Investments	Principal Amount ($)		Value ($)
U.S. TREASURY OBLIGATIONS - 4.6%
U.S. Treasury Bills
0.00%, 9/23/2021(c)		15,000,000		14,999,025
0.03%, 11/12/2021(c)		20,000,000		19,997,152
0.05%, 11/26/2021(c)		25,000,000		24,996,174
TOTAL U.S. TREASURY OBLIGATIONS (Cost $59,994,803)				59,992,351

TOTAL SHORT-TERM INVESTMENTS (Cost $108,471,902)				108,468,923

Total Investments - 100.3% (Cost $765,916,270)				1,315,014,705
Liabilities in excess of other assets - (0.3%)				(4,469,804	)
Net Assets - 100.0%				1,310,544,901

*	Non-income producing security.
‡	Value determined using significant unobservable inputs.
(a)	Represents less than 0.05% of net assets.
(b)	Securities exempt from registration under Rule 144A or section 4(a)2 of the Securities Act of 1933. Total value of all such securities at July 31, 2021 amounted to $27,453,611, which represents approximately 2.09% of net assets of the Fund.
(c)	The rate shown was the current yield as of July 31, 2021.
(d)	Represents 7-day effective yield as of July 31, 2021.

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle U.S. Value Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Aerospace & Defense		0.2	%
Air Freight & Logistics		3.1
Banks		3.0
Capital Markets		3.3
Chemicals		2.6
Commodities		10.2
Consumer Finance		1.7
Diversified Financial Services		1.2
Electronic Equipment, Instruments & Components		1.0
Energy Equipment & Services		2.6
Equity Real Estate Investment Trusts (REITs)		3.4
Food Products		0.6
Gas Utilities		0.9
Health Care Equipment & Supplies		2.1
Health Care Providers & Services		5.3
Hotels, Restaurants & Leisure		1.3
Household Products		2.9
Insurance		5.7
Interactive Media & Services		6.3
Machinery		3.8
Media		4.1
Metals & Mining		3.1
Oil, Gas & Consumable Fuels		4.8
Road & Rail		1.5
Semiconductors & Semiconductor Equipment		3.7
Software		10.3
Tobacco		3.3
Short-Term Investments		8.3
Total Investments		100.3	%

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Gold Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 64.5%

Australia - 3.6%
Newcrest Mining Ltd.		4,387,239		84,794,593

Brazil - 6.4%
Wheaton Precious Metals Corp.		3,230,739		149,098,605

Canada - 34.9%
Agnico Eagle Mines Ltd.		1,068,425		69,118,773
Alamos Gold, Inc., Class A		9,110,996		74,050,577
B2Gold Corp.		17,612,461		73,832,295
Barrick Gold Corp.		6,871,570		149,594,079
Dundee Precious Metals, Inc.(a)		12,549,706		75,946,041
Franco-Nevada Corp.		427,322		68,348,914
Kinross Gold Corp.		2,275,478		14,927,136
Kirkland Lake Gold Ltd.		2,681,741		114,676,885
MAG Silver Corp.*		3,280,988		65,141,129
Novagold Resources, Inc.*		11,267,639		88,112,937
Orla Mining Ltd.*		5,733,294		24,172,111
				817,920,877
Mexico - 2.9%
Fresnillo plc		4,277,558		48,662,875
Industrias Penoles SAB de CV*		1,403,600		19,792,302
				68,455,177
Tanzania, United Republic of - 1.1%
AngloGold Ashanti Ltd., ADR		1,286,240		25,789,112

United States - 15.6%
Newmont Corp.		3,988,123		250,533,887
Royal Gold, Inc.		955,142		116,068,856
				366,602,743
TOTAL COMMON STOCKS (Cost $897,283,678)				1,512,661,107

Investments	Ounces		Value ($)
COMMODITIES - 24.3%

Gold bullion*		275,076		499,042,847
Silver bullion*		2,776,530		70,740,157
TOTAL COMMODITIES (Cost $403,682,164)				569,783,004

Investments	Number of Rights		Value ($)
RIGHTS - 0.3%

Canada - 0.3%
Pan American Silver Corp., CVR, expiring 2/22/2029*
(Cost $45,973,715)		6,835,667		5,717,352

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 11.0%

COMMERCIAL PAPER - 11.0%
American Honda Finance Corp.
0.19%, 10/5/2021(b)		9,997,000		9,993,279
CenterPoint Energy, Inc.
0.11%, 8/2/2021(b)		22,684,000		22,683,752
Entergy Corp.
0.10%, 8/2/2021(b)(c)		14,678,000		14,677,841
Export Development Corp.
0.05%, 9/7/2021(b)		10,594,000		10,593,311
General Motors Financial Co., Inc.
0.24%, 8/2/2021(b)		29,355,000		29,354,379
Hitachi International Treasury Ltd.
0.11%, 8/2/2021(b)		26,687,000		26,686,753
Hydro-Quebec
0.05%, 9/9/2021(b)(c)		17,385,000		17,384,010
Kreditanstalt fuer Wiederaufbau
0.05%, 8/9/2021(b)		10,844,000		10,843,789
LVMH Moet Hennessy Louis Vuitton SE
0.09%, 10/5/2021(b)(c)		6,863,000		6,861,736
MetLife Short Term Funding LLC
0.05%, 8/31/2021(b)(c)		5,555,000		5,554,704
Mitsui & Co. USA, Inc.
0.14%, 8/2/2021(b)		6,672,000		6,671,905
Nestle Capital Corp.
0.04%, 8/9/2021(b)(c)		3,063,000		3,062,961
Nestle Finance International Ltd.
0.06%, 8/25/2021(b)		10,000,000		9,999,639
Nordea Bank Abp
0.12%, 8/11/2021(b)(c)		12,251,000		12,250,706
0.12%, 8/13/2021(b)		6,126,000		6,125,826
NRW Bank
0.09%, 9/17/2021(b)(c)		10,000,000		9,998,734
Province of Quebec
0.04%, 8/9/2021(b)(c)		6,126,000		6,125,915
0.05%, 8/16/2021(b)(c)		3,228,000		3,227,928
0.04%, 8/19/2021(b)(c)		6,791,000		6,790,842
PSP Capital, Inc.
0.04%, 8/20/2021(b)(c)		6,926,000		6,925,742
0.06%, 9/1/2021(b)(c)		5,792,000		5,791,618
0.05%, 9/2/2021(b)		7,754,000		7,753,465
QUALCOMM, Inc.
0.12%, 8/3/2021(b)(c)		3,063,000		3,062,969
Siemens Capital Co. LLC
0.06%, 9/21/2021(b)(c)		6,777,000		6,776,451
ST Engineering North America, Inc.
0.08%, 8/19/2021(b)(c)		4,075,000		4,074,864

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Gold Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Investments	Principal Amount ($)		Value ($)
TotalEnergies Capital Canada Ltd.
0.10%, 8/16/2021(b)(c)		5,569,000		5,568,787
TOTAL COMMERCIAL PAPER (Cost $258,843,935)				258,841,906

Investments	Shares		Value ($)
INVESTMENT COMPANIES - 0.0%(d)
JP Morgan U.S. Government Money Market Fund, Capital Shares 0.03% (e)(Cost $42,744)		42,744		42,744
TOTAL SHORT-TERM INVESTMENTS (Cost $258,886,679)				258,884,650

Total Investments - 100.1% (Cost $1,605,826,236)				2,347,046,113
Liabilities in excess of other assets - (0.1)%				(1,731,300	)
Net Assets - 100.0%				2,345,314,813

*	Non-income producing security.
(a)	Affiliated company as defined under the Investment Company Act of 1940.
(b)	The rate shown was the current yield as of July 31, 2021.
(c)	Securities exempt from registration under Rule 144A or section 4(a)2 of the Securities Act of 1933. Total value of all such securities at July 31, 2021 amounted to $118,135,808, which represents approximately 5.04% of net assets of the Fund.
(d)	Represents less than 0.05% of net assets.
(e)	Represents 7-day effective yield as of July 31, 2021.

Abbreviations
ADR	American Depositary Receipt
CVR	Contingent Value Rights

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Commodities		24.3	%
Metals & Mining		64.8
Short-Term Investments		11.0
Total Investments		100.1	%

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Gold Fund

Consolidated Schedule of Investments

July 31, 2021 (unaudited)

Affiliated Securities

Security Description	Shares at July 31, 2021		Market Value October 31, 2020		Purchases at Cost		Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation/ (Depreciation)			Market Value July 31, 2021		Dividend Income
Common Stock—3.2%
Canada
Dundee Precious Metals, Inc.		12,549,706	$	75,809,420	$	6,947,418	$	–	$	–	$	(6,810,797	)	$	75,946,041	$	937,567
Total Common Stock			$	75,809,420	$	6,947,418	$	–	$	–	$	(6,810,797	)	$	75,946,041	$	937,567

See Notes to Consolidated Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund

Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 65.8%

Belgium - 2.5%
Groupe Bruxelles Lambert SA		288,053		33,514,750

Brazil - 1.4%
Ambev SA, ADR		3,604,077		11,424,924
Itausa SA (Preference)		1,185,607		2,542,741
Wheaton Precious Metals Corp.(a)		111,232		5,133,357
				19,101,022
Canada - 3.6%
Agnico Eagle Mines Ltd.		51,582		3,336,953
Franco-Nevada Corp.		38,495		6,157,164
Imperial Oil Ltd.		287,984		7,889,783
Nutrien Ltd.(a)		162,543		9,655,054
Power Corp. of Canada		692,979		22,118,006
				49,156,960
Chile - 1.7%
Cia Cervecerias Unidas SA, ADR		988,140		21,007,856
Quinenco SA		1,012,388		1,921,694
				22,929,550
France - 4.4%
Danone SA		409,081		30,089,367
Sanofi		151,208		15,585,513
Sodexo SA*		147,121		12,535,516
Wendel SE		15,480		2,172,851
				60,383,247
Germany - 1.4%
Brenntag SE		28,969		2,893,407
FUCHS PETROLUB SE (Preference)		183,857		9,161,330
Henkel AG & Co. KGaA (Preference)		74,528		7,555,994
				19,610,731
Hong Kong - 4.9%
CK Asset Holdings Ltd.		2,196,000		14,940,926
Great Eagle Holdings Ltd.		1,749,774		5,479,799
Guoco Group Ltd.		167,700		1,920,890
Hongkong Land Holdings Ltd.		1,549,600		7,030,499
Hysan Development Co. Ltd.		1,193,083		4,697,933
Jardine Matheson Holdings Ltd.		505,700		30,086,967
Mandarin Oriental International Ltd.*		1,433,700		2,850,674
				67,007,688
Japan - 2.8%
FANUC Corp.		20,800		4,658,529
Komatsu Ltd.		101,500		2,543,493
Mitsubishi Electric Corp.		413,000		5,603,275
MS&AD Insurance Group Holdings, Inc.		46,500		1,437,364
Secom Co. Ltd.		213,100		16,129,668
Sompo Holdings, Inc.		162,600		6,722,222
USS Co. Ltd.		81,300		1,415,266
Yokogawa Electric Corp.		1,500		23,076
				38,532,893
Mexico - 1.7%
Coca-Cola Femsa SAB de CV, ADR		159,312		9,012,280
Fomento Economico Mexicano SAB de CV, ADR		109,992		9,610,001
Fresnillo plc		330,580		3,760,784
Grupo Mexico SAB de CV, Series B		37,296		170,890
				22,553,955
Netherlands - 0.5%
HAL Trust		38,889		6,846,673

Norway - 1.0%
Orkla ASA		1,473,534		13,383,233

Singapore - 0.5%
ComfortDelGro Corp. Ltd.		1,015,700		1,178,328
UOL Group Ltd.		1,001,900		5,384,784
				6,563,112
South Korea - 1.9%
KT&G Corp.		277,804		19,887,939
Samsung Electronics Co. Ltd. (Preference)		91,052		5,715,871
				25,603,810
Spain - 0.3%
Zardoya Otis SA		516,424		3,499,702

Sweden - 2.3%
Industrivarden AB, Class C		189,168		7,241,347
Investor AB, Class A		642,316		15,959,763
Svenska Handelsbanken AB, Class A		689,773		7,773,267
				30,974,377
Switzerland - 4.1%
Cie Financiere Richemont SA (Registered)		186,050		23,808,674
Nestle SA (Registered)		256,690		32,504,572
				56,313,246
Taiwan - 0.3%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR(a)		35,510		4,141,886

Thailand - 0.7%
Bangkok Bank PCL, NVDR		1,644,800		5,130,784
Thai Beverage PCL		9,335,100		4,470,526
				9,601,310
Turkey - 0.4%
Coca-Cola Icecek A/S		602,620		6,060,589

United Kingdom - 9.6%
BAE Systems plc		187,514		1,503,401
Berkeley Group Holdings plc		157,614		10,611,825
British American Tobacco plc		804,987		29,939,379
Diageo plc		109,223		5,415,960
GlaxoSmithKline plc		781,272		15,425,297
Great Portland Estates plc, REIT		94,696		1,002,221

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund

Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
Hiscox Ltd.*		526,234		6,390,188
Linde plc(a)		21,286		6,543,104
Linde plc		12,807		3,927,195
Lloyds Banking Group plc		9,349,373		5,911,300
Reckitt Benckiser Group plc		96,240		7,362,327
Unilever plc		628,526		36,228,168
				130,260,365
United States - 19.8%
American Express Co.(a)		23,781		4,055,374
Analog Devices, Inc.(a)		16,314		2,731,290
Anthem, Inc.(a)		27,144		10,423,567
Bank of New York Mellon Corp. (The)(a)		283,179		14,535,578
Becton Dickinson and Co.(a)		26,534		6,786,070
Boston Properties, Inc., REIT(a)		61,203		7,184,008
CH Robinson Worldwide, Inc.(a)		115,489		10,298,154
Colgate-Palmolive Co.(a)		255,488		20,311,296
Comcast Corp., Class A(a)		47,073		2,769,305
Cummins, Inc.		9,924		2,303,360
Douglas Emmett, Inc., REIT		244,995		8,182,833
Equity Residential, REIT(a)		136,143		11,453,711
Exxon Mobil Corp.(a)		565,703		32,567,522
General Dynamics Corp.(a)		7,297		1,430,431
HCA Healthcare, Inc.(a)		35,562		8,826,488
Kraft Heinz Co. (The)(a)		148,824		5,725,259
Microsoft Corp.(a)		21,517		6,130,408
Oracle Corp.(a)		162,644		14,172,798
Philip Morris International, Inc.(a)		282,396		28,265,016
PPG Industries, Inc.(a)		4,617		754,972
Royal Gold, Inc.(a)		53,578		6,510,799
Schlumberger NV(a)		320,204		9,231,481
Texas Instruments, Inc.(a)		62,488		11,911,462
Travelers Cos., Inc. (The)		30,204		4,497,980
Truist Financial Corp.		766		41,693
UGI Corp.(a)		152,737		7,024,375
Union Pacific Corp.(a)		11,663		2,551,398
Universal Health Services, Inc., Class B(a)		17,500		2,807,175
US Bancorp(a)		126,544		7,028,254
Wells Fargo & Co.(a)		300,470		13,803,592
Weyerhaeuser Co., REIT(a)		165,431		5,579,988
				269,895,637
TOTAL COMMON STOCKS (Cost $732,866,948)				895,934,736

Investments	Principal Amount ($)		Value ($)
CORPORATE BONDS - 11.3%

Australia - 0.3%
Coronado Finance Pty. Ltd.
10.75%, 5/15/2026(b)		1,825,000		1,980,125
Nufarm Australia Ltd.
5.75%, 4/30/2026(b)		2,633,000		2,708,699
				4,688,824
Canada - 0.1%
Open Text Corp.
3.88%, 2/15/2028(b)		1,106,000		1,141,945
Open Text Holdings, Inc.
4.13%, 2/15/2030(b)		774,000		799,155
				1,941,100
China - 0.4%
NXP BV
4.63%, 6/1/2023(b)		4,400,000		4,712,718

Germany - 0.4%
IHO Verwaltungs GmbH
4.75%, (4.75% Cash or 5.50% PIK), 9/15/2026(b)(c)		3,879,000		3,985,479
6.00%, (6.00% Cash or 6.75% PIK), 5/15/2027(b)(c)		1,336,632		1,392,588
				5,378,067
Mexico - 0.7%
Mexico Remittances Funding Fiduciary Estate Management Sarl
4.88%, 1/15/2028(b)		9,977,000		9,802,403

Poland - 0.1%
CANPACK SA
3.13%, 11/1/2025(b)		420,000		427,350
2.38%, 11/1/2027‡(b)		601,000		732,734
				1,160,084
United States - 9.3%
ACCO Brands Corp.
4.25%, 3/15/2029(b)		10,177,000		10,164,279
Aircastle Ltd.
4.40%, 9/25/2023		984,000		1,052,431
American Airlines, Inc.
5.50%, 4/20/2026(b)		502,000		525,218
5.75%, 4/20/2029(b)		502,000		541,497
American Tower Corp.
REIT, 2.40%, 3/15/2025		115,000		120,379
AMN Healthcare, Inc.
4.63%, 10/1/2027(b)		1,109,000		1,154,746
Andeavor Logistics LP
3.50%, 12/1/2022		111,000		111,447
Aramark Services, Inc.
5.00%, 4/1/2025(b)		1,541,000		1,581,451
5.00%, 2/1/2028(b)		194,000		201,543
Carnival Corp.
11.50%, 4/1/2023(b)		124,000		139,810
4.00%, 8/1/2028(b)		1,206,000		1,201,031
Centene Corp.
4.25%, 12/15/2027		1,355,000		1,429,525
4.63%, 12/15/2029		684,000		749,630
3.38%, 2/15/2030		1,113,000		1,161,170
Charles River Laboratories International, Inc.
3.75%, 3/15/2029(b)		683,000		700,929
Charter Communications Operating LLC
4.91%, 7/23/2025		1,021,000		1,158,944

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund

Schedule of Investments

July 31, 2021 (unaudited)

Investments	Principal Amount ($)		Value ($)
CITGO Petroleum Corp.
7.00%, 6/15/2025(b)		4,631,000		4,754,092
6.38%, 6/15/2026(b)		5,182,000		5,285,640
CommScope, Inc.
5.50%, 3/1/2024(b)		563,000		579,096
Crown Americas LLC
4.50%, 1/15/2023		3,626,000		3,780,105
DCP Midstream Operating LP
6.45%, 11/3/2036‡(b)		1,545,000		1,854,000
Dell International LLC
5.85%, 7/15/2025		2,000,000		2,353,381
6.02%, 6/15/2026		3,103,000		3,735,516
Delta Air Lines, Inc.
4.50%, 10/20/2025(b)		6,155,158		6,616,795
DT Midstream, Inc.
4.13%, 6/15/2029(b)		1,779,000		1,824,542
Edgewell Personal Care Co.
4.13%, 4/1/2029(b)		3,927,000		3,951,544
Energizer Holdings, Inc.
4.75%, 6/15/2028(b)		46,000		47,309
4.38%, 3/31/2029(b)		354,000		356,425
Foot Locker, Inc.
8.50%, 1/15/2022		2,494,000		2,575,055
HCA, Inc.
4.50%, 2/15/2027		1,085,000		1,238,979
Imola Merger Corp.
4.75%, 5/15/2029(b)		3,133,000		3,233,851
Iron Mountain, Inc.
REIT, 5.25%, 7/15/2030(b)		7,522,000		8,015,631
REIT, 4.50%, 2/15/2031(b)		1,151,000		1,176,898
Lamb Weston Holdings, Inc.
4.63%, 11/1/2024(b)		4,015,000		4,120,033
4.88%, 11/1/2026(b)		803,000		828,535
Level 3 Financing, Inc.
3.75%, 7/15/2029(b)		128,000		125,440
Lumen Technologies, Inc.
5.38%, 6/15/2029(b)		751,000		769,775
Meredith Corp.
6.88%, 2/1/2026		1,378,000		1,433,120
Mileage Plus Holdings LLC
6.50%, 6/20/2027(b)		3,324,031		3,619,039
Pilgrim's Pride Corp.
5.88%, 9/30/2027(b)		3,343,000		3,577,077
4.25%, 4/15/2031(b)		2,699,000		2,869,765
SBA Communications Corp.
REIT, 3.13%, 2/1/2029(b)		715,000		702,200
Scripps Escrow II, Inc.
5.38%, 1/15/2031(b)		64,000		63,840
SEG Holding LLC
5.63%, 10/15/2028(b)		5,461,000		5,740,876
Spectrum Brands, Inc.
5.75%, 7/15/2025		1,520,000		1,561,116
Sprint Communications, Inc.
6.00%, 11/15/2022		1,800,000		1,905,354
Taylor Morrison Communities, Inc.
5.88%, 4/15/2023(b)		3,107,000		3,293,731
5.13%, 8/1/2030(b)		2,000,000		2,175,000
Teleflex, Inc.
4.63%, 11/15/2027		824,000		869,081
Truist Financial Corp.
Series N, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.00%), 4.80%, 9/1/2024(d)(e)		4,424,000		4,705,764
United Airlines Pass-Through Trust
Series 2020-1, Class A, 5.88%, 10/15/2027		3,844,384		4,276,477
Valvoline, Inc.
4.25%, 2/15/2030(b)		224,000		232,680
3.63%, 6/15/2031(b)		511,000		508,445
WESCO Distribution, Inc.
7.13%, 6/15/2025(b)		1,780,000		1,913,482
7.25%, 6/15/2028(b)		2,136,000		2,377,368
Western Digital Corp.
4.75%, 2/15/2026		4,523,000		5,020,530
				126,061,617
TOTAL CORPORATE BONDS (COST $145,979,034)				153,744,813

Investments	Ounces		Value ($)
COMMODITIES - 7.7%

Gold bullion*
(Cost $71,533,113)		57,789		104,840,053

Investments	Principal Amount ($)		Value ($)
U.S. TREASURY OBLIGATIONS - 5.1%

U.S. Treasury Notes
1.63%, 12/15/2022		9,300,000		9,491,813
2.63%, 6/30/2023		12,267,700		12,839,394
2.63%, 12/31/2023		7,100,000		7,504,367
2.50%, 1/31/2024		12,380,900		13,069,104
1.75%, 6/30/2024		12,850,000		13,376,047
1.75%, 12/31/2024		12,247,000		12,794,766
				69,075,491
TOTAL U.S. TREASURY OBLIGATIONS (Cost $68,114,730)				69,075,491

Investments	Shares		Value ($)

MASTER LIMITED PARTNERSHIPS - 2.2%

United States - 2.2%
Enterprise Products Partners LP(a)		680,764		15,364,843
Magellan Midstream Partners LP(a)		311,730		14,526,618
TOTAL MASTER LIMITED PARTNERSHIPS (COST $26,993,902)				29,891,461

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund

Schedule of Investments

July 31, 2021 (unaudited)

Investments	Shares		Value ($)
PREFERRED STOCKS - 1.6%

United States - 1.6%
Charles Schwab Corp. (The)
Series D 5.95%, 12/01/21(d)		46,239		1,181,869
General American Investors Co., Inc.
Series B 5.95%, 09/03/21(d)		4,712		126,753
MetLife, Inc.
Series A (ICE LIBOR USD 3 Month + 1.00%, 4.00% Floor), 4.00%, 09/03/21(d)(e)		128,986		3,387,172
Northern Trust Corp.
Series E 4.70%, 01/01/25(d)		101,453		2,770,681
State Street Corp.
Series G (ICE LIBOR USD 3 Month + 3.71%), 5.35%, 03/15/26(d)(e)		24,946		755,365
Truist Financial Corp.
Series R 4.75%, 09/01/25(d)		175,050		4,644,076
US Bancorp
Series B (ICE LIBOR USD 3 Month + 0.60%), 3.50%, 09/03/21(d)(e)		90,050		2,271,061
Series F (ICE LIBOR USD 3 Month + 4.47%), 6.50%, 01/15/22(d)(e)		259,758		6,725,135
TOTAL PREFERRED STOCKS (COST $21,110,977)				21,862,112

Investments	Principal Amount ($)		Value ($)
CONVERTIBLE PREFERRED STOCKS - 1.2%

United States - 1.2%
Wells Fargo & Co.
Series L, 7.50%, (d) (Cost $16,024,854)		11,123		16,823,649

Investments	Shares		Value ($)
CLOSED-END FUNDS - 1.0%

United Kingdom - 1.0%
Caledonia Investments plc (Cost $10,284,424)		291,700		13,238,367

Investments	Principal Amount ($)		Value ($)
FOREIGN GOVERNMENT SECURITIES - 0.6%

Colombia - 0.2%
Republic of Colombia
5.75%, 11/3/2027	COP	11,553,400,000		2,873,523

Indonesia - 0.1%
Republic of Indonesia
8.38%, 3/15/2024	IDR	24,460,000,000		1,856,463

Mexico - 0.3%
Mex Bonos Desarr Fix Rt
8.00%, 12/7/2023	MXN	68,770,000		3,612,366

TOTAL FOREIGN GOVERNMENT SECURITIES (Cost $8,544,669)				8,342,352

Investments	Number of Warrants		Value ($)
WARRANTS - 0.0%(f)

Switzerland - 0.0%(f)
Cie Financiere Richemont SA, expiring 11/22/2023*
(Cost $–)		391,032		284,905

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 3.4%

COMMERCIAL PAPER - 3.4%
CenterPoint Energy, Inc.
0.11%, 8/2/2021(g)		10,685,000		10,684,883
Entergy Corp.
0.10%, 8/2/2021(b)(g)		6,914,000		6,913,925
General Motors Financial Co., Inc.
0.24%, 8/2/2021(g)		13,827,000		13,826,707
Hitachi International Treasury Ltd.
0.11%, 8/2/2021(g)		12,570,000		12,569,884
Mitsui & Co. USA, Inc.
0.14%, 8/2/2021(g)		3,143,000		3,142,956
TOTAL COMMERCIAL PAPER (Cost $47,138,805)				47,138,355

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Shares		Value ($)
INVESTMENT COMPANIES - 0.0%(f)
JP Morgan U.S. Government Money Market Fund, Capital Shares 0.03% (h)(Cost $12,441)		12,441		12,441

TOTAL SHORT-TERM INVESTMENTS (Cost $47,151,246)				47,150,796

Total Investments - 99.9% (Cost $1,148,603,897)				1,361,188,735
Other assets less liabilities - 0.1%				745,807
Net Assets - 100.0%				1,361,934,542

*	Non-income producing security.
‡	Value determined using significant unobservable inputs.
(a)	All or a portion of the security pledged as collateral for call options written.
(b)	Securities exempt from registration under Rule 144A or section 4(a)2 of the Securities Act of 1933. Total value of all such securities at July 31, 2021 amounted to $121,420,734, which represents approximately 8.92% of net assets of the Fund.
(c)	Security has the ability to pay in kind (“PIK”) or pay income in cash. When applicable, separate rates of such payments are disclosed.
(d)	Perpetual security. The rate reflected was the rate in effect on July 31, 2021. The maturity date reflects the next call date.
(e)	Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the rate in effect as of July 31, 2021.
(f)	Represents less than 0.05% of net assets.
(g)	The rate shown was the current yield as of July 31, 2021.
(h)	Represents 7-day effective yield as of July 31, 2021.

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund
Schedule of Investments
July 31, 2021 (unaudited)

Forward Foreign Currency Exchange Contracts outstanding as of July 31, 2021

Currency Purchased		Currency Sold		Counterparty	Settlement Date	Unrealized Appreciation (Depreciation)
EUR	2,910,000	USD	3,434,207	HSBC Bank plc	8/18/2021	$	18,802
USD	3,543,207	EUR	2,910,000	HSBC Bank plc	8/18/2021		90,198
GBP	854,000	USD	1,166,934	UBS AG	9/15/2021		20,256
USD	4,982,602	EUR	4,181,000	UBS AG	9/15/2021		18,564
GBP	381,000	USD	520,808	Goldman Sachs	10/20/2021		8,877
USD	6,618,483	EUR	5,452,000	Goldman Sachs	10/20/2021		140,831
USD	2,996,284	GBP	2,121,000	Goldman Sachs	10/20/2021		47,563
EUR	3,791,000	USD	4,483,426	Bank of New York Mellon	11/17/2021		23,537
USD	4,636,677	EUR	3,791,000	Bank of New York Mellon	11/17/2021		129,714
USD	720,543	EUR	599,000	JPMorgan Chase Bank	12/15/2021		7,936
USD	4,897,640	EUR	4,108,000	JPMorgan Chase Bank	1/19/2022		6,389
Total unrealized appreciation							512,667
USD	3,570,683	GBP	2,594,000	UBS AG	9/15/2021		(35,372	)
Total unrealized depreciation							(35,372	)
Net unrealized appreciation						$	477,295

Written Call Options Contracts as of July 31, 2021

Description	Counterparty	Number of Contracts	Notional Amount			Exercise Price		Expiration Date	Value ($)
American Express Co.		88	USD	(1,500,664	)	USD	170.00	9/17/2021	(58,520	)
American Express Co.		149	USD	(2,540,897	)	USD	175.00	8/20/2021	(31,439	)
Analog Devices, Inc.		80	USD	(1,339,360	)	USD	190.00	9/17/2021	(4,000	)
Anthem, Inc.		43	USD	(1,651,243	)	USD	380.00	9/17/2021	(60,888	)
Anthem, Inc.		35	USD	(1,344,035	)	USD	420.00	12/17/2021	(28,175	)
Anthem, Inc.		35	USD	(1,344,035	)	USD	420.00	1/21/2022	(38,325	)
Anthem, Inc.		35	USD	(1,344,035	)	USD	450.00	9/17/2021	(1,050	)
Bank of New York Mellon Corp. (The)		275	USD	(1,411,575	)	USD	60.00	9/17/2021	(2,063	)
Bank of New York Mellon Corp. (The)		274	USD	(1,406,442	)	USD	65.00	1/21/2022	(8,905	)
Bank of New York Mellon Corp. (The)		258	USD	(1,324,314	)	USD	65.00	3/18/2022	(13,545	)
Bank of New York Mellon Corp. (The)		279	USD	(1,432,107	)	USD	70.00	1/21/2022	(4,185	)
Becton Dickinson and Co.		54	USD	(1,381,050	)	USD	300.00	12/17/2021	(6,615	)
Becton Dickinson and Co.		54	USD	(1,381,050	)	USD	310.00	1/21/2022	(8,505	)
Becton Dickinson and Co.		54	USD	(1,381,050	)	USD	320.00	1/21/2022	(7,425	)
Boston Properties, Inc., REIT		115	USD	(1,349,870	)	USD	125.00	8/20/2021	(10,350	)
Boston Properties, Inc., REIT		124	USD	(1,455,512	)	USD	125.00	9/17/2021	(19,530	)
CH Robinson Worldwide, Inc.		137	USD	(1,221,629	)	USD	115.00	1/21/2022	(4,110	)
CH Robinson Worldwide, Inc.		139	USD	(1,239,463	)	USD	120.00	8/20/2021	(4,865	)
CH Robinson Worldwide, Inc.		268	USD	(2,389,756	)	USD	120.00	11/19/2021	(16,080	)
CH Robinson Worldwide, Inc.		126	USD	(1,123,542	)	USD	120.00	1/21/2022	(6,930	)
Colgate-Palmolive Co.		160	USD	(1,272,000	)	USD	95.00	11/19/2021	(6,080	)
Colgate-Palmolive Co.		166	USD	(1,319,700	)	USD	100.00	1/21/2022	(24,070	)
Colgate-Palmolive Co.		163	USD	(1,295,850	)	USD	105.00	1/21/2022	(32,600	)
Comcast Corp., Class A		236	USD	(1,388,388	)	USD	65.00	1/21/2022	(31,860	)
Comcast Corp., Class A		233	USD	(1,370,739	)	USD	65.00	3/18/2022	(41,824	)
Enterprise Products Partners LP		526	USD	(1,187,182	)	USD	30.00	9/17/2021	(2,630	)
Equity Residential, REIT		174	USD	(1,463,862	)	USD	90.00	10/15/2021	(15,660	)
Equity Residential, REIT		190	USD	(1,598,470	)	USD	90.00	1/21/2022	(45,125	)
Equity Residential, REIT		182	USD	(1,531,166	)	USD	95.00	1/21/2022	(20,930	)
Exxon Mobil Corp.		225	USD	(1,295,325	)	USD	70.00	8/20/2021	(450	)
Exxon Mobil Corp.		235	USD	(1,352,895	)	USD	70.00	9/17/2021	(2,820	)

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund
Schedule of Investments
July 31, 2021 (unaudited)

Description	Counterparty	Number of Contracts	Notional Amount			Exercise Price		Expiration Date	Value ($)
Exxon Mobil Corp.		243	USD	(1,398,951	)	USD	72.50	11/19/2021	(8,505	)
Exxon Mobil Corp.		234	USD	(1,347,138	)	USD	75.00	8/20/2021	(234	)
Exxon Mobil Corp.		218	USD	(1,255,026	)	USD	75.00	10/15/2021	(4,360	)
Exxon Mobil Corp.		208	USD	(1,197,456	)	USD	75.00	11/19/2021	(5,200	)
Exxon Mobil Corp.		231	USD	(1,329,867	)	USD	80.00	1/21/2022	(6,237	)
Exxon Mobil Corp.		220	USD	(1,266,540	)	USD	85.00	1/21/2022	(3,960	)
General Dynamics Corp.		72	USD	(1,411,416	)	USD	200.00	8/20/2021	(11,016	)
HCA Healthcare, Inc.		73	USD	(1,811,860	)	USD	230.00	9/17/2021	(151,986	)
HCA Healthcare, Inc.		65	USD	(1,613,300	)	USD	240.00	1/21/2022	(145,925	)
HCA Healthcare, Inc.		70	USD	(1,737,400	)	USD	250.00	9/17/2021	(55,300	)
Kraft Heinz Co. (The)		321	USD	(1,234,887	)	USD	45.00	10/15/2021	(3,531	)
Kraft Heinz Co. (The)		305	USD	(1,173,335	)	USD	50.00	1/21/2022	(4,880	)
Linde plc		44	USD	(1,349,216	)	USD	310.00	10/15/2021	(41,360	)
Linde plc		44	USD	(1,352,516	)	USD	310.00	12/17/2021	(62,920	)
Linde plc		44	USD	(1,352,516	)	USD	330.00	10/15/2021	(12,540	)
Magellan Midstream Partners LP		302	USD	(1,407,320	)	USD	50.00	10/15/2021	(15,100	)
Magellan Midstream Partners LP		288	USD	(1,342,080	)	USD	50.00	12/17/2021	(23,040	)
Magellan Midstream Partners LP		280	USD	(1,304,800	)	USD	55.00	12/17/2021	(7,840	)
Microsoft Corp.		51	USD	(1,453,041	)	USD	275.00	8/20/2021	(57,987	)
Microsoft Corp.		54	USD	(1,538,514	)	USD	280.00	10/15/2021	(70,254	)
Nutrien Ltd.		237	USD	(1,407,780	)	USD	60.00	9/17/2021	(62,805	)
Nutrien Ltd.		230	USD	(1,366,200	)	USD	65.00	9/17/2021	(14,950	)
Nutrien Ltd.		237	USD	(1,407,780	)	USD	65.00	11/19/2021	(33,180	)
Nutrien Ltd.		231	USD	(1,372,140	)	USD	65.00	12/17/2021	(41,580	)
Oracle Corp.		207	USD	(1,803,798	)	USD	75.00	9/17/2021	(263,925	)
Oracle Corp.		181	USD	(1,577,234	)	USD	85.00	9/17/2021	(84,889	)
Oracle Corp.		175	USD	(1,524,950	)	USD	95.00	9/17/2021	(16,450	)
Oracle Corp.		184	USD	(1,603,376	)	USD	95.00	12/17/2021	(49,588	)
Oracle Corp.		175	USD	(1,524,950	)	USD	95.00	1/21/2022	(56,350	)
Philip Morris International, Inc.		143	USD	(1,431,287	)	USD	105.00	9/17/2021	(10,296	)
Philip Morris International, Inc.		137	USD	(1,371,233	)	USD	110.00	12/17/2021	(17,262	)
Philip Morris International, Inc.		133	USD	(1,331,197	)	USD	110.00	1/21/2022	(19,883	)
Philip Morris International, Inc.		133	USD	(1,331,197	)	USD	115.00	1/21/2022	(10,973	)
Philip Morris International, Inc.		132	USD	(1,321,188	)	USD	115.00	3/18/2022	(16,500	)
Philip Morris International, Inc.		278	USD	(2,782,502	)	USD	120.00	1/21/2022	(12,510	)
Philip Morris International, Inc.		140	USD	(1,401,260	)	USD	125.00	1/21/2022	(3,850	)
PPG Industries, Inc.		46	USD	(752,192	)	USD	185.00	1/21/2022	(11,960	)
Royal Gold, Inc.		107	USD	(1,300,264	)	USD	160.00	1/21/2022	(14,713	)
Royal Gold, Inc.		114	USD	(1,385,328	)	USD	170.00	1/21/2022	(9,975	)
Schlumberger NV		423	USD	(1,219,509	)	USD	40.00	8/20/2021	(1,692	)
Schlumberger NV		509	USD	(1,467,447	)	USD	40.00	11/19/2021	(17,560	)
Schlumberger NV		509	USD	(1,467,447	)	USD	40.00	1/21/2022	(30,031	)
Schlumberger NV		423	USD	(1,219,509	)	USD	42.50	8/20/2021	(2,538	)
Schlumberger NV		405	USD	(1,167,615	)	USD	50.00	1/21/2022	(6,885	)
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		115	USD	(1,341,360	)	USD	115.00	10/15/2021	(70,725	)
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		113	USD	(1,318,032	)	USD	170.00	10/15/2021	(1,073	)
Texas Instruments, Inc.		64	USD	(1,219,968	)	USD	220.00	10/15/2021	(3,680	)
Texas Instruments, Inc.		76	USD	(1,448,712	)	USD	220.00	1/21/2022	(22,420	)
UGI Corp.		295	USD	(1,356,705	)	USD	50.00	10/15/2021	(14,013	)
UGI Corp.		288	USD	(1,324,512	)	USD	50.00	1/21/2022	(40,320	)
Union Pacific Corp.		57	USD	(1,246,932	)	USD	240.00	8/20/2021	(513	)
Union Pacific Corp.		59	USD	(1,290,684	)	USD	240.00	11/19/2021	(16,638	)
Universal Health Services, Inc.		90	USD	(1,443,690	)	USD	180.00	10/15/2021	(18,675	)
Universal Health Services, Inc.		85	USD	(1,363,485	)	USD	180.00	12/17/2021	(34,000	)

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund
Schedule of Investments
July 31, 2021 (unaudited)

Description	Counterparty	Number of Contracts	Notional Amount			Exercise Price		Expiration Date	Value ($)
US Bancorp		228	USD	(1,266,312	)	USD	65.00	9/17/2021	(2,508	)
US Bancorp		225	USD	(1,249,650	)	USD	70.00	9/17/2021	(675	)
US Bancorp		225	USD	(1,249,650	)	USD	75.00	9/17/2021	(900	)
Wells Fargo & Co.		316	USD	(1,451,704	)	USD	50.00	10/15/2021	(31,916	)
Wells Fargo & Co.		331	USD	(1,520,614	)	USD	55.00	9/17/2021	(3,972	)
Wells Fargo & Co.		308	USD	(1,414,952	)	USD	60.00	9/17/2021	(1,232	)
Wells Fargo & Co.		295	USD	(1,355,230	)	USD	60.00	1/21/2022	(13,275	)
Weyerhaeuser Co.		386	USD	(1,301,978	)	USD	38.00	8/20/2021	(3,860	)
Weyerhaeuser Co.		336	USD	(1,133,328	)	USD	50.00	1/21/2022	(6,720	)
Wheaton Precious Metals Corp.		312	USD	(1,439,880	)	USD	60.00	12/17/2021	(21,684	)
Wheaton Precious Metals Corp.		302	USD	(1,393,730	)	USD	70.00	1/21/2022	(12,985	)
									(2,383,858	)
Total Written Options Contracts (Premiums Received ($2,239,975))									(2,383,858	)

Abbreviations
ADR	American Depositary Receipt
COP	Colombian Peso
EUR	Euro
Fix Rt	Fixed Rate
GBP	British Pound
ICE	Intercontinental Exchange
IDR	Indonesian Rupiah
LIBOR	London Interbank Offered Rate
MXN	Mexican Peso
NVDR	Non-Voting Depositary Receipt
Preference	A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference.
REIT	Real Estate Investment Trust
USD	United States Dollar

See Notes to Schedule of Investments.

(Continued)

First Eagle Global Income Builder Fund
Schedule of Investments
July 31, 2021 (unaudited)

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Aerospace & Defense		0.2	%
Air Freight & Logistics		0.8
Airlines		1.1
Auto Components		0.4
Banks		5.7
Beverages		4.9
Capital Markets		1.4
Chemicals		2.5
Closed-ended Funds		0.0	*
Commercial Services & Supplies		2.1
Commodities		7.7
Communications Equipment		0.0	*
Consumer Finance		0.3
Containers & Packaging		0.4
Diversified Financial Services		6.5
Diversified Telecommunication Services		0.1
Electrical Equipment		0.4
Electronic Equipment, Instruments & Components		0.0	*
Energy Equipment & Services		0.7
Equity Real Estate Investment Trusts (REITs)		3.2
Food & Staples Retailing		0.4
Food Products		6.8
Foreign Government Securities		0.6
Gas Utilities		0.5
Health Care Equipment & Supplies		0.6
Health Care Providers & Services		2.0
Hotels, Restaurants & Leisure		1.2
Household Durables		1.2
Household Products		2.7
Industrial Conglomerates		2.5
Insurance		3.3
Life Sciences Tools & Services		0.1
Machinery		1.0
Media		0.4
Metals & Mining		1.8
Oil, Gas & Consumable Fuels		6.3
Personal Products		3.0
Pharmaceuticals		2.3
Professional Services		0.1
Real Estate Management & Development		2.8
Road & Rail		0.3
Semiconductors & Semiconductor Equipment		1.7
Software		1.6
Specialty Retail		0.3
Technology Hardware, Storage & Peripherals		1.2
Textiles, Apparel & Luxury Goods		1.7
Tobacco		5.7
Trading Companies & Distributors		0.8
U.S. Treasury Obligations		5.1
Wireless Telecommunication Services		0.1
Short-Term Investments		3.4
Total Investments		99.9	%

Less than 0.05%

See Notes to Schedule of Investments.

(Continued)

First Eagle High Income Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Principal Amount ($)		Value ($)
CORPORATE BONDS - 93.4%

Australia - 1.2%
Coronado Finance Pty. Ltd.
10.75%, 5/15/2026(a)		1,085,000		1,177,225
Nufarm Australia Ltd.
5.75%, 4/30/2026(a)		1,721,000		1,770,479
				2,947,704
Canada - 4.1%
Intertape Polymer Group, Inc.
4.38%, 6/15/2029(a)		1,646,000		1,682,286
Kinross Gold Corp.
4.50%, 7/15/2027		1,868,000		2,149,015
Kronos Acquisition Holdings, Inc.
7.00%, 12/31/2027(a)		932,000		910,825
Open Text Corp.
5.88%, 6/1/2026(a)		94,000		97,064
3.88%, 2/15/2028(a)		2,190,000		2,261,175
Precision Drilling Corp.
6.88%, 1/15/2029(a)		1,944,000		1,997,460
Ritchie Bros Auctioneers, Inc.
5.38%, 1/15/2025(a)		634,000		648,265
				9,746,090
Germany - 3.9%
Cheplapharm Arzneimittel GmbH
5.50%, 1/15/2028(a)		2,640,000		2,697,315
IHO Verwaltungs GmbH
4.75%, (4.75% Cash or 5.50% PIK), 9/15/2026 (a)(b)		3,730,000		3,832,389
6.00%, (6.00% Cash or 6.75% PIK), 5/15/2027 (a)(b)		1,280,244		1,333,839
Mercer International, Inc.
5.13%, 2/1/2029		1,395,000		1,421,156
				9,284,699
Mexico - 1.4%
Mexico Remittances Funding Fiduciary Estate Management Sarl
4.88%, 1/15/2028(a)		3,335,000		3,276,637

Poland - 0.1%
CANPACK SA
3.13%, 11/1/2025(a)		200,000		203,500
2.38%, 11/1/2027‡(a)		112,000		136,550
				340,050
Singapore - 0.4%
Avation Capital SA
8.25%, (8.25% Cash or 9.00% PIK), 10/31/2026(a)(b)		1,220,222		994,481

United Kingdom - 1.6%
EnQuest plc
7.00%, 10/15/2023(b)(c)		4,056,561		3,803,026

United States - 80.7%
ACCO Brands Corp.
4.25%, 3/15/2029(a)		3,372,000		3,367,785
Adient US LLC
9.00%, 4/15/2025(a)		439,000		479,915
Akumin Escrow, Inc.
7.50%, 8/1/2028(a)		1,000,000		1,000,000
Ambience Merger Sub, Inc.
4.88%, 7/15/2028(a)		500,000		501,875
7.13%, 7/15/2029(a)		750,000		759,375
American Airlines, Inc.
5.50%, 4/20/2026(a)		185,000		193,556
5.75%, 4/20/2029(a)		185,000		199,556
AMN Healthcare, Inc.
4.63%, 10/1/2027(a)		1,036,000		1,078,735
4.00%, 4/15/2029(a)		2,109,000		2,161,725
Antero Midstream Partners LP
7.88%, 5/15/2026(a)		615,000		680,996
5.38%, 6/15/2029(a)		1,294,000		1,328,860
Antero Resources Corp.
8.38%, 7/15/2026(a)		604,000		683,335
Aramark Services, Inc.
5.00%, 4/1/2025(a)		623,000		639,354
6.38%, 5/1/2025(a)		1,163,000		1,227,139
5.00%, 2/1/2028(a)		57,000		59,216
Arcosa, Inc.
4.38%, 4/15/2029(a)		163,000		166,668
Ardagh Metal Packaging Finance USA LLC
3.25%, 9/1/2028(a)		657,000		657,821
4.00%, 9/1/2029(a)		657,000		657,822
B&G Foods, Inc.
5.25%, 4/1/2025		1,152,000		1,178,024
Ball Corp.
5.00%, 3/15/2022		1,163,000		1,190,051
Booz Allen Hamilton, Inc.
4.00%, 7/1/2029(a)		324,000		332,745
Boyd Gaming Corp.
8.63%, 6/1/2025(a)		3,766,000		4,104,902
4.75%, 12/1/2027		872,000		903,610
4.75%, 6/15/2031(a)		162,000		167,606
BWX Technologies, Inc.
4.13%, 6/30/2028(a)		1,000,000		1,025,000
4.13%, 4/15/2029(a)		653,000		669,429
California Resources Corp.
7.13%, 2/1/2026(a)		155,000		158,498
Carnival Corp.
11.50%, 4/1/2023(a)		1,156,000		1,303,390
5.75%, 3/1/2027(a)		1,242,000		1,262,183
4.00%, 8/1/2028(a)		424,000		422,253
Centene Corp.
5.38%, 6/1/2026(a)		400,000		416,680
5.38%, 8/15/2026(a)		279,000		290,523
4.25%, 12/15/2027		2,641,000		2,786,255
4.63%, 12/15/2029		1,228,000		1,345,826
3.38%, 2/15/2030		190,000		198,223
Central Garden & Pet Co.
4.13%, 4/30/2031(a)		548,000		558,960
Charles River Laboratories International, Inc.
4.25%, 5/1/2028(a)		632,000		659,650
3.75%, 3/15/2029(a)		134,000		137,517

See Notes to Schedule of Investments.

(Continued)

First Eagle High Income Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Principal Amount ($)		Value ($)
Cinemark USA, Inc.
8.75%, 5/1/2025(a)		1,603,000		1,711,042
CITGO Petroleum Corp.
7.00%, 6/15/2025(a)		3,956,000		4,061,150
6.38%, 6/15/2026(a)		802,000		818,040
Clearwater Paper Corp.
4.75%, 8/15/2028(a)		305,000		308,416
Cogent Communications Group, Inc.
3.50%, 5/1/2026(a)		648,000		667,440
CommScope, Inc.
5.50%, 3/1/2024(a)		2,250,000		2,314,328
Crestwood Midstream Partners LP
6.00%, 2/1/2029(a)		1,868,000		1,942,720
Crown Americas LLC
4.50%, 1/15/2023		3,692,000		3,848,910
4.75%, 2/1/2026		1,844,000		1,908,540
Dana, Inc.
5.38%, 11/15/2027		1,255,000		1,327,163
4.25%, 9/1/2030		324,000		336,668
DaVita, Inc.
4.63%, 6/1/2030(a)		734,000		758,773
3.75%, 2/15/2031(a)		1,529,000		1,482,778
Dell International LLC
7.13%, 6/15/2024(a)		4,740,000		4,849,447
Delta Air Lines, Inc.
4.50%, 10/20/2025(a)		1,122,845		1,207,058
7.38%, 1/15/2026		1,528,000		1,798,779
DT Midstream, Inc.
4.13%, 6/15/2029(a)		1,243,000		1,274,821
Dycom Industries, Inc.
4.50%, 4/15/2029(a)		2,065,000		2,090,813
Edgewell Personal Care Co.
4.13%, 4/1/2029(a)		1,824,000		1,835,400
Energizer Holdings, Inc.
4.75%, 6/15/2028(a)		8,000		8,228
4.38%, 3/31/2029(a)		2,063,000		2,077,131
Fair Isaac Corp.
4.00%, 6/15/2028(a)		1,669,000		1,743,604
FirstCash, Inc.
4.63%, 9/1/2028(a)		1,521,000		1,581,338
Ford Motor Co.
8.50%, 4/21/2023		1,169,000		1,297,859
Ford Motor Credit Co. LLC
5.88%, 8/2/2021		2,260,000		2,260,000
Frontier Communications Holdings LLC
5.88%, 10/15/2027(a)		914,000		976,746
6.75%, 5/1/2029(a)		308,000		328,020
Gartner, Inc.
3.63%, 6/15/2029(a)		250,000		255,938
G-III Apparel Group Ltd.
7.88%, 8/15/2025(a)		3,821,000		4,150,561
GLP Capital LP
REIT, 5.25%, 6/1/2025		3,627,000		4,095,971
GYP Holdings III Corp.
4.63%, 5/1/2029(a)		651,000		657,510
Hawaiian Brand Intellectual Property Ltd.
5.75%, 1/20/2026(a)		1,240,000		1,299,818
HCA, Inc.
5.88%, 5/1/2023		1,470,000		1,591,275
3.50%, 9/1/2030		607,000		659,172
HCRX Investments Holdco LP
4.50%, 8/1/2029(a)		250,000		255,000
Hill-Rom Holdings, Inc.
4.38%, 9/15/2027(a)		306,000		319,216
Howard Hughes Corp. (The)
4.38%, 2/1/2031(a)		62,000		61,840
Imola Merger Corp.
4.75%, 5/15/2029(a)		1,184,000		1,222,113
Ingles Markets, Inc.
4.00%, 6/15/2031(a)		2,000,000		2,011,480
Interface, Inc.
5.50%, 12/1/2028(a)		1,294,000		1,348,995
International Game Technology plc
5.25%, 1/15/2029(a)		967,000		1,032,123
IQVIA, Inc.
5.00%, 10/15/2026(a)		800,000		822,000
5.00%, 5/15/2027(a)		1,075,000		1,120,687
Iron Mountain, Inc.
REIT, 5.25%, 7/15/2030(a)		1,303,000		1,388,509
REIT, 4.50%, 2/15/2031(a)		940,000		961,150
ITT Holdings LLC
6.50%, 8/1/2029(a)		1,250,000		1,246,781
J2 Global, Inc.
4.63%, 10/15/2030(a)		1,827,000		1,941,187
JBS USA LUX SA
6.75%, 2/15/2028(a)		1,993,000		2,182,355
3.75%, 12/1/2031(a)		647,000		664,792
Jefferies Finance LLC
5.00%, 8/15/2028(a)		3,000,000		3,068,250
Kaiser Aluminum Corp.
4.63%, 3/1/2028(a)		1,312,000		1,369,702
KB Home
4.00%, 6/15/2031		2,647,000		2,752,880
Koppers, Inc.
6.00%, 2/15/2025(a)		2,389,000		2,448,725
Lamb Weston Holdings, Inc.
4.63%, 11/1/2024(a)		1,939,000		1,989,724
4.88%, 11/1/2026(a)		388,000		400,338
4.88%, 5/15/2028(a)		581,000		643,458
Level 3 Financing, Inc.
4.25%, 7/1/2028(a)		589,000		599,676
3.75%, 7/15/2029(a)		24,000		23,520
Lumen Technologies, Inc.
4.50%, 1/15/2029(a)		2,000,000		1,963,600
5.38%, 6/15/2029(a)		434,000		444,850
Macy's Retail Holdings LLC
3.63%, 6/1/2024		552,000		565,800
Macy's, Inc.
8.38%, 6/15/2025(a)		905,000		986,450
Meredith Corp.
6.88%, 2/1/2026		2,718,000		2,826,720
MGIC Investment Corp.
5.75%, 8/15/2023		470,000		506,425
5.25%, 8/15/2028		612,000		650,602

See Notes to Schedule of Investments.

(Continued)

First Eagle High Income Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Principal Amount ($)		Value ($)
Mileage Plus Holdings LLC
6.50%, 6/20/2027(a)		592,428		645,006
Moog, Inc.
4.25%, 12/15/2027(a)		155,000		159,844
Mueller Water Products, Inc.
4.00%, 6/15/2029(a)		646,000		667,803
Pilgrim's Pride Corp.
5.88%, 9/30/2027(a)		638,000		682,673
4.25%, 4/15/2031(a)		847,000		900,589
Post Holdings, Inc.
4.63%, 4/15/2030(a)		1,826,000		1,860,237
Qwest Corp.
6.75%, 12/1/2021		3,947,000		4,021,006
Radian Group, Inc.
4.50%, 10/1/2024		645,000		689,428
Royal Caribbean Cruises Ltd.
10.88%, 6/1/2023(a)		1,163,000		1,320,005
11.50%, 6/1/2025(a)		1,000,000		1,145,000
SBA Communications Corp.
REIT, 4.88%, 9/1/2024		2,928,000		2,959,418
REIT, 3.88%, 2/15/2027		609,000		628,031
REIT, 3.13%, 2/1/2029(a)		1,242,000		1,219,765
Scripps Escrow II, Inc.
5.38%, 1/15/2031(a)		2,452,000		2,445,870
Sealed Air Corp.
4.00%, 12/1/2027(a)		1,252,000		1,336,510
SEG Holding LLC
5.63%, 10/15/2028(a)		3,198,000		3,361,897
Sensata Technologies, Inc.
3.75%, 2/15/2031(a)		1,221,000		1,230,157
Shea Homes LP
4.75%, 2/15/2028(a)		1,668,000		1,709,700
Spectrum Brands, Inc.
5.75%, 7/15/2025		2,968,000		3,048,284
Sprint Communications, Inc.
11.50%, 11/15/2021		2,000,000		2,057,500
6.00%, 11/15/2022		1,026,000		1,086,052
Taylor Morrison Communities, Inc.
5.88%, 4/15/2023(a)		3,228,000		3,422,003
5.75%, 1/15/2028(a)		918,000		1,033,897
Teleflex, Inc.
4.63%, 11/15/2027		1,005,000		1,059,984
4.25%, 6/1/2028(a)		58,000		60,465
Triton Water Holdings, Inc.
6.25%, 4/1/2029(a)		2,138,000		2,140,673
Turning Point Brands, Inc.
5.63%, 2/15/2026(a)		930,000		967,200
United Airlines Pass-Through Trust
Series 2020-1, Class A, 5.88%, 10/15/2027		721,576		802,678
United Airlines, Inc.
4.38%, 4/15/2026(a)		343,000		352,906
4.63%, 4/15/2029(a)		229,000		235,584
United Natural Foods, Inc.
6.75%, 10/15/2028(a)		1,530,000		1,648,575
United Wholesale Mortgage LLC
5.50%, 4/15/2029(a)		326,000		323,555
US Acute Care Solutions LLC
6.38%, 3/1/2026(a)		309,000		321,360
Valvoline, Inc.
3.63%, 6/15/2031(a)		2,555,000		2,542,225
VICI Properties LP
REIT, 4.25%, 12/1/2026(a)		245,000		254,868
REIT, 3.75%, 2/15/2027(a)		305,000		313,769
REIT, 4.13%, 8/15/2030(a)		305,000		320,781
Victoria's Secret & Co.
4.63%, 7/15/2029(a)		500,000		500,680
Vista Outdoor, Inc.
4.50%, 3/15/2029(a)		3,203,000		3,261,327
WESCO Distribution, Inc.
7.13%, 6/15/2025(a)		1,542,000		1,657,635
7.25%, 6/15/2028(a)		1,850,000		2,059,050
Western Digital Corp.
4.75%, 2/15/2026		1,850,000		2,053,500
White Cap Parent LLC
8.25%, 3/15/2026(a)(b)		1,972,000		2,031,160
Wyndham Hotels & Resorts, Inc.
4.38%, 8/15/2028(a)		1,222,000		1,263,169
Yum! Brands, Inc.
7.75%, 4/1/2025(a)		797,000		861,756
				192,963,038
TOTAL CORPORATE BONDS (COST $215,627,170)				223,355,725

Investments	Principal Amount ($)		Value ($)
LOAN ASSIGNMENTS - 0.7%

United States - 0.7%
BJ's Wholesale Club, Inc., 1st Lien Term Loan B
(ICE LIBOR USD 1 Month + 2.00%), 2.10%, 2/3/2024(d) (Cost $1,667,434)		1,669,184		1,665,162

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 7.9%

COMMERCIAL PAPER - 7.9%
CenterPoint Energy, Inc.
0.11%, 8/2/2021(e)	4,265,000		4,264,954
Entergy Corp.
0.10%, 8/2/2021(a)(e)	2,760,000		2,759,970
General Motors Financial Co., Inc.
0.24%, 8/2/2021(e)	5,519,000		5,518,883
Hitachi International Treasury Ltd.
0.11%, 8/2/2021(e)	5,017,000		5,016,954
Mitsui & Co. USA, Inc.
0.14%, 8/2/2021(e)	1,254,000		1,253,982
TOTAL COMMERCIAL PAPER (Cost $18,814,923)			18,814,743

See Notes to Schedule of Investments.

(Continued)

First Eagle High Income Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Shares	Value ($)
INVESTMENT COMPANIES - 0.0%(f)
JP Morgan U.S. Government Money Market Fund, Capital Shares 0.03% (g)(Cost $5,020)	5,020		5,020

TOTAL SHORT-TERM INVESTMENTS (Cost $18,819,943)			18,819,763

Total Investments - 102.0% (Cost $236,114,547)			243,840,650
Liabilities in excess of other assets - (2.0)%			(4,780,131	)
Net Assets - 100.0%			239,060,519

‡	Value determined using significant unobservable inputs.
(a)	Securities exempt from registration under Rule 144A or section 4(a)2 of the Securities Act of 1933. Total value of all such securities at July 31, 2021 amounted to $170,110,890, which represents approximately 71.16% of net assets of the Fund.
(b)	Security has the ability to pay in kind (“PIK”) or pay income in cash. When applicable, separate rates of such payments are disclosed.
(c)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(d)	Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the rate in effect as of July 31, 2021.
(e)	The rate shown was the current yield as of July 31, 2021.
(f)	Represents less than 0.05% of net assets.
(g)	Represents 7-day effective yield as of July 31, 2021.

Forward Foreign Currency Exchange Contracts outstanding as of July 31, 2021

Currency Purchased

Currency Sold

Counterparty

Settlement Date

Unrealized
Appreciation
(Depreciation)

USD

134,726

EUR

112,000

JPMorgan Chase Bank

12/15/2021

1,484

Net unrealized appreciation

1,484

Abbreviations
EUR	Euro
ICE	Intercontinental Exchange
LIBOR	London Interbank Offered Rate
REIT	Real Estate Investment Trust
USD	United States Dollar

See Notes to Schedule of Investments.

(Continued)

First Eagle High Income Fund
Schedule of Investments
July 31, 2021 (unaudited)

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Aerospace & Defense		0.8	%
Airlines		2.8
Auto Components		3.1
Automobiles		0.5
Beverages		0.9
Biotechnology		0.1
Chemicals		2.8
Commercial Services & Supplies		3.1
Communications Equipment		1.0
Construction & Engineering		0.9
Consumer Finance		2.0
Containers & Packaging		4.9
Diversified Financial Services		2.7
Diversified Telecommunication Services		3.5
Electronic Equipment, Instruments & Components		0.5
Energy Equipment & Services		0.8
Entertainment		0.7
Equity Real Estate Investment Trusts (REITs)		5.1
Food & Staples Retailing		2.9
Food Products		4.4
Health Care Equipment & Supplies		0.6
Health Care Providers & Services		4.5
Health Care Technology		0.8
Hotels, Restaurants & Leisure		5.8
Household Durables		3.7
Household Products		2.8
IT Services		0.5
Leisure Products		1.4
Life Sciences Tools & Services		0.3
Machinery		0.3
Media		2.2
Metals & Mining		1.5
Multiline Retail		0.6
Oil, Gas & Consumable Fuels		7.2
Paper & Forest Products		0.7
Personal Products		0.8
Pharmaceuticals		1.1
Professional Services		1.4
Real Estate Management & Development		0.0	*
Retail - Consumer Staples		0.7
Software		2.5
Specialty Retail		1.9
Technology Hardware, Storage & Peripherals		2.9
Textiles, Apparel & Luxury Goods		1.7
Thrifts & Mortgage Finance		0.9
Tobacco		0.4
Trading Companies & Distributors		2.1
Wireless Telecommunication Services		1.3
Short-Term Investments		7.9
Total Investments		102.0	%

*	Less than 0.05%

See Notes to Schedule of Investments.

(Continued)

First Eagle Fund of America
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 99.2%

Air Freight & Logistics - 4.7%
CH Robinson Worldwide, Inc.		153,054		13,647,825
Expeditors International of Washington, Inc.		107,356		13,768,407
				27,416,232
Beverages - 2.9%
Diageo plc (United Kingdom)		126,371		6,266,265
PepsiCo, Inc.		68,719		10,785,447
				17,051,712
Capital Markets - 2.2%
S&P Global, Inc.		29,712		12,738,129

Electronic Equipment, Instruments & Components - 3.6%
TE Connectivity Ltd.		139,550		20,579,439

Food Products - 0.8%
Nestle SA (Registered) (Switzerland)		35,432		4,486,743

Health Care Equipment & Supplies - 6.7%
Becton Dickinson and Co.		52,635		13,461,401
Medtronic plc		190,487		25,012,848
				38,474,249
Health Care Providers & Services - 9.3%
HCA Healthcare, Inc.		41,043		10,186,872
UnitedHealth Group, Inc.		105,521		43,497,867
				53,684,739
Hotels, Restaurants & Leisure - 1.3%
Booking Holdings, Inc.*		1,416		3,084,416
Starbucks Corp.		37,839		4,594,790
				7,679,206
Household Products - 3.2%
Colgate-Palmolive Co.		232,621		18,493,370

Interactive Media & Services - 15.5%
Alphabet, Inc., Class A*		16,702		45,004,040
Facebook, Inc., Class A*		125,849		44,839,999
				89,844,039
Internet & Direct Marketing Retail - 3.4%
Alibaba Group Holding Ltd., ADR (China)*		99,922		19,503,775

IT Services - 2.3%
Accenture plc, Class A		27,295		8,671,075
Visa, Inc., Class A		18,956		4,670,569
				13,341,644
Media - 5.7%
Comcast Corp., Class A		564,368		33,201,769

Semiconductors & Semiconductor Equipment - 15.1%
Analog Devices, Inc.		141,305		23,657,283
Taiwan Semiconductor Manufacturing Co. Ltd., ADR (Taiwan)		328,185		38,279,499
Texas Instruments, Inc.		131,642		25,093,598
				87,030,380
Software - 15.1%
Microsoft Corp.		92,212		26,272,121
Oracle Corp.		504,101		43,927,361
salesforce.com, Inc.*		69,574		16,832,038
				87,031,520
Specialty Retail - 7.4%
Home Depot, Inc. (The)		56,902		18,674,667
Ross Stores, Inc.		197,430		24,222,687
				42,897,354
TOTAL COMMON STOCKS (Cost $437,892,927)				573,454,300

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 1.0%

COMMERCIAL PAPER - 1.0%
CenterPoint Energy, Inc.
0.11%, 8/2/2021(a)		1,326,000	1,325,985
Entergy Corp.
0.10%, 8/2/2021(a)(b)		857,000	856,991
General Motors Financial Co., Inc.
0.24%, 8/2/2021(a)		1,716,000	1,715,964
Hitachi International Treasury Ltd.
0.11%, 8/2/2021(a)		1,560,000	1,559,985
Mitsui & Co. USA, Inc.
0.14%, 8/2/2021(a)		390,000	389,994
TOTAL COMMERCIAL PAPER (Cost $5,848,975)			5,848,919

Investments	Shares		Value ($)
INVESTMENT COMPANIES - 0.0%(c)
JP Morgan U.S. Government Money Market Fund, Capital Shares, 0.03%, (d) (Cost $2,921)		2,921	2,921

TOTAL SHORT-TERM INVESTMENTS (Cost $5,851,896)			5,851,840

Total Investments - 100.2% (Cost $443,744,823)			579,306,140
Liabilities in excess of other assets - (0.2%)			(993,846	)
Net Assets - 100.0%			578,312,294

*	Non-income producing security.
(a)	The rate shown was the current yield as of July 31, 2021.
(b)	Securities exempt from registration under Rule 144A or section 4(a)2 of the Securities Act of 1933. Total value of all such securities at July 31, 2021 amounted to $856,991, which represents approximately 0.15% of net assets of the Fund.
(c)	Represents less than 0.05% of net assets.
(d)	Represents 7-day effective yield as of July 31, 2021.

Abbreviation
ADR	American Depositary Receipt

See Notes to Schedule of Investments.

(Continued)

First Eagle Fund of America
Schedule of Investments
July 31, 2021 (unaudited)

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Air Freight & Logistics		4.7	%
Beverages		2.9
Capital Markets		2.2
Electronic Equipment, Instruments & Components		3.6
Food Products		0.8
Health Care Equipment & Supplies		6.7
Health Care Providers & Services		9.3
Hotels, Restaurants & Leisure		1.3
Household Products		3.2
Interactive Media & Services		15.5
Internet & Direct Marketing Retail		3.4
IT Services		2.3
Media		5.7
Semiconductors & Semiconductor Equipment		15.1
Software		15.1
Specialty Retail		7.4
Short-Term Investments		1.0
Total Investments		100.2	%

See Notes to Schedule of Investments.

(Continued)

First Eagle Small Cap Opportunity Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 93.6%

Aerospace & Defense - 3.1%
AAR Corp.*		4,420		158,059
Astronics Corp.*		7,131		121,797
Curtiss-Wright Corp.		1,800		212,940
Ducommun, Inc.*		3,577		192,979
Hexcel Corp.*		3,181		173,110
Triumph Group, Inc.*		8,051		153,372
				1,012,257
Air Freight & Logistics - 1.3%
Atlas Air Worldwide Holdings, Inc.*		3,459		231,649
Hub Group, Inc., Class A*		1,800		119,304
Radiant Logistics, Inc.*		8,928		55,532
				406,485
Airlines - 1.2%
Allegiant Travel Co.*		1,095		208,181
Mesa Air Group, Inc.*		19,993		178,338
				386,519
Auto Components - 2.8%
Dana, Inc.		3,401		82,168
Horizon Global Corp.*		16,348		145,497
Modine Manufacturing Co.*		11,905		199,171
Patrick Industries, Inc.		2,100		173,523
Stoneridge, Inc.*		4,670		135,197
Superior Industries International, Inc.*		14,657		124,584
Unique Fabricating, Inc.*		9,404		24,826
				884,966
Automobiles - 0.6%
Winnebago Industries, Inc.		2,800		201,236

Banks - 1.5%
First Foundation, Inc.		4,052		95,506
Hilltop Holdings, Inc.		2,618		82,938
Seacoast Banking Corp. of Florida		2,771		84,211
Texas Capital Bancshares, Inc.*		1,900		119,662
TriState Capital Holdings, Inc.*		5,092		103,418
				485,735
Beverages - 0.7%
MGP Ingredients, Inc.		3,174		189,329
Reed's, Inc.*		46,500		36,726
				226,055
Biotechnology - 0.2%
Flexion Therapeutics, Inc.*		13,132		77,873

Building Products - 3.1%
American Woodmark Corp.*		3,044		226,017
Apogee Enterprises, Inc.		413		16,384
Gibraltar Industries, Inc.*		3,200		238,976
Griffon Corp.		7,756		179,319
JELD-WEN Holding, Inc.*		5,149		136,345
PGT Innovations, Inc.*		8,952		202,136
				999,177
Capital Markets - 1.7%
Ashford, Inc.*		11,100		184,704
B Riley Financial, Inc.		3,500		236,460
Houlihan Lokey, Inc.		383		34,125
Moelis & Co., Class A		1,708		101,199
				556,488
Chemicals - 4.9%
AdvanSix, Inc.*		4,952		165,644
American Vanguard Corp.		10,555		174,263
HB Fuller Co.		1,750		113,085
Huntsman Corp.		5,948		157,087
Intrepid Potash, Inc.*		6,529		197,829
Kraton Corp.*		5,270		201,261
Livent Corp.*		8,218		160,333
LSB Industries, Inc.*		9,506		83,653
Olin Corp.		4,100		192,823
Trecora Resources*		10,339		81,885
Tronox Holdings plc, Class A		3,094		57,022
				1,584,885
Commercial Services & Supplies - 3.1%
Heritage-Crystal Clean, Inc.*		7,041		198,416
Interface, Inc.		7,659		110,443
KAR Auction Services, Inc.*		8,036		132,433
Performant Financial Corp.*		28,300		134,991
Pitney Bowes, Inc.		16,542		132,336
Quest Resource Holding Corp.*		9,708		57,471
Steelcase, Inc., Class A		3,284		45,155
US Ecology, Inc.*		1,000		35,000
VSE Corp.		2,800		140,140
				986,385
Communications Equipment - 3.8%
ADTRAN, Inc.		7,486		167,761
CalAmp Corp.*		12,814		155,434
Comtech Telecommunications Corp.		8,531		213,019
Digi International, Inc.*		7,583		156,817
DZS, Inc.*		8,791		173,622
Infinera Corp.*		8,756		86,772
PCTEL, Inc.*		12,842		85,399
Sierra Wireless, Inc. (Canada)*		9,786		189,261
				1,228,085
Construction & Engineering - 2.3%
Arcosa, Inc.		3,806		208,417
Comfort Systems USA, Inc.		2,666		199,283
Limbach Holdings, Inc.*		8,119		72,584
Orion Group Holdings, Inc.*		8,042		43,186
Primoris Services Corp.		7,185		214,831
				738,301
Diversified Consumer Services - 1.9%
American Public Education, Inc.*		5,986		177,305
Houghton Mifflin Harcourt Co.*		8,796		99,571
Regis Corp.*		19,706		157,057
Select Interior Concepts, Inc., Class A*		8,585		93,920
Zovio, Inc.*		30,727		75,281
				603,134

See Notes to Schedule of Investments.

(Continued)

First Eagle Small Cap Opportunity Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Shares		Value ($)
Diversified Telecommunication Services - 0.4%
Ooma, Inc.*		6,133		113,767

Electrical Equipment - 0.7%
Babcock & Wilcox Enterprises, Inc.*		21,674		155,186
LSI Industries, Inc.		10,808		81,384
				236,570
Electronic Equipment, Instruments & Components - 3.3%
Advanced Energy Industries, Inc.		2,034		211,027
Avnet, Inc.		4,649		192,097
Fabrinet (Thailand)*		1,548		146,317
II-VI, Inc.*		2,744		191,559
Iteris, Inc.*		25,017		155,856
VIA Optronics AG, ADR (Germany)*		8,034		89,097
Vishay Intertechnology, Inc.		3,414		75,552
				1,061,505
Energy Equipment & Services - 2.3%
Archrock, Inc.		9,020		77,662
DMC Global, Inc.*		4,100		179,457
Helmerich & Payne, Inc.		7,412		212,502
Newpark Resources, Inc.*		38,000		122,740
US Silica Holdings, Inc.*		14,331		144,743
				737,104
Entertainment - 0.5%
Marcus Corp. (The)*		10,775		173,154

Equity Real Estate Investment Trusts (REITs) - 2.6%
Alexander & Baldwin, Inc.		4,602		92,132
Armada Hoffler Properties, Inc.		12,236		159,068
Braemar Hotels & Resorts, Inc.*		30,115		153,586
Chatham Lodging Trust*		15,652		192,207
Diversified Healthcare Trust		34,135		133,127
Macerich Co. (The)		2,067		33,692
Tanger Factory Outlet Centers, Inc.		4,901		84,150
				847,962
Food & Staples Retailing - 1.0%
Chefs' Warehouse, Inc. (The)*		7,404		214,124
Natural Grocers by Vitamin Cottage, Inc.		9,136		102,140
				316,264
Health Care Equipment & Supplies - 2.3%
Cutera, Inc.*		205		10,650
IntriCon Corp.*		6,396		153,504
Neuronetics, Inc.*		5,769		76,497
Ortho Clinical Diagnostics Holdings plc*		8,557		192,276
Orthofix Medical, Inc.*		3,530		140,282
Sientra, Inc.*		15,431		127,305
Surgalign Holdings, Inc.*		30,464		33,206
				733,720
Health Care Providers & Services - 3.3%
Acadia Healthcare Co., Inc.*		3,416		210,835
Addus HomeCare Corp.*		2,611		226,609
Community Health Systems, Inc.*		16,000		213,120
Cross Country Healthcare, Inc.*		10,637		174,660
Option Care Health, Inc.*		1,596		33,069
Select Medical Holdings Corp.		4,830		190,543
				1,048,836
Health Care Technology - 0.3%
Castlight Health, Inc., Class B*		38,922		90,688

Hotels, Restaurants & Leisure - 4.0%
BJ's Restaurants, Inc.*		5,800		235,364
Century Casinos, Inc.*		9,023		101,148
Chuy's Holdings, Inc.*		6,400		211,200
Drive Shack, Inc.*		43,390		109,343
Noodles & Co.*		11,179		133,477
Potbelly Corp.*		22,500		157,050
Ruth's Hospitality Group, Inc.*		9,444		188,597
Six Flags Entertainment Corp.*		3,942		163,790
				1,299,969
Household Durables - 5.8%
Beazer Homes USA, Inc.*		11,500		209,990
Cavco Industries, Inc.*		636		149,460
Century Communities, Inc.		3,207		222,726
Dixie Group, Inc. (The)*		11,822		33,575
Ethan Allen Interiors, Inc.		8,495		201,926
Green Brick Partners, Inc.*		4,900		122,843
LGI Homes, Inc.*		1,067		182,350
Skyline Champion Corp.*		2,861		161,360
Taylor Morrison Home Corp.*		6,892		184,844
Toll Brothers, Inc.		3,946		233,880
Tri Pointe Homes, Inc.*		7,376		177,909
				1,880,863
Insurance - 1.7%
HCI Group, Inc.		1,318		132,433
Heritage Insurance Holdings, Inc.		14,586		107,061
Old Republic International Corp.		3,755		92,598
Stewart Information Services Corp.		2,872		169,477
United Fire Group, Inc.		1,711		42,638
				544,207
Interactive Media & Services - 0.8%
Cars.com, Inc.*		11,454		138,364
QuinStreet, Inc.*		6,354		116,533
				254,897
Internet & Direct Marketing Retail - 1.2%
CarParts.com, Inc.*		8,700		153,207
Overstock.com, Inc.*		3,234		225,216
				378,423
IT Services - 0.4%
MoneyGram International, Inc.*		11,800		122,012

See Notes to Schedule of Investments.

(Continued)

First Eagle Small Cap Opportunity Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Shares		Value ($)
Machinery - 4.5%
CIRCOR International, Inc.*		6,161		190,005
Commercial Vehicle Group, Inc.*		9,435		86,236
EnPro Industries, Inc.		2,217		206,447
LiqTech International, Inc.*		16,362		107,662
Luxfer Holdings plc (United Kingdom)		4,569		95,264
Manitex International, Inc.*		7,822		62,420
Meritor, Inc.*		6,559		159,580
NN, Inc.*		11,414		78,072
Park-Ohio Holdings Corp.		3,140		91,343
Trinity Industries, Inc.		6,329		171,579
Wabash National Corp.		12,493		182,897
				1,431,505
Marine - 0.2%
Diana Shipping, Inc. (Greece)*		14,666		63,650

Media - 0.3%
Marchex, Inc., Class B*		34,621		87,937

Metals & Mining - 2.9%
Allegheny Technologies, Inc.*		7,240		148,637
Carpenter Technology Corp.		4,121		157,216
Century Aluminum Co.*		11,300		164,528
Commercial Metals Co.		5,791		189,945
Ferroglobe plc*		17,927		108,279
Haynes International, Inc.		1,423		53,690
Olympic Steel, Inc.		2,110		63,553
TimkenSteel Corp.*		2,969		39,577
				925,425
Mortgage Real Estate Investment Trusts (REITs) - 0.4%
ACRES Commercial Realty Corp.*		7,921		138,618

Multiline Retail - 0.5%
Nordstrom, Inc.*		4,700		155,570

Oil, Gas & Consumable Fuels - 2.4%
Ardmore Shipping Corp. (Ireland)*		23,197		84,205
Chesapeake Energy Corp.		3,531		190,850
Dorian LPG Ltd.*		5,918		71,608
Earthstone Energy, Inc., Class A*		14,369		141,247
Matador Resources Co.		5,914		182,743
Navigator Holdings Ltd.*		10,480		100,608
				771,261
Paper & Forest Products - 0.6%
Glatfelter Corp.		11,874		180,841

Pharmaceuticals - 0.3%
Recro Pharma, Inc.*		45,750		83,265

Professional Services - 0.9%
Mistras Group, Inc.*		8,367		87,854
TrueBlue, Inc.*		7,316		198,922
				286,776
Real Estate Management & Development - 0.2%
Realogy Holdings Corp.*		3,440		60,957

Road & Rail - 0.8%
Daseke, Inc.*		19,787		136,728
US Xpress Enterprises, Inc., Class A*		15,125		132,041
				268,769
Semiconductors & Semiconductor Equipment - 6.3%
Alpha & Omega Semiconductor Ltd.*		9,129		237,263
Amkor Technology, Inc.		7,916		195,050
Amtech Systems, Inc.*		16,392		169,821
Cohu, Inc.*		6,615		234,237
FormFactor, Inc.*		6,761		251,915
Ichor Holdings Ltd.*		4,005		206,538
Kulicke & Soffa Industries, Inc. (Singapore)		3,774		205,155
Onto Innovation, Inc.*		2,849		199,658
Ultra Clean Holdings, Inc.*		2,814		151,984
Veeco Instruments, Inc.*		8,112		188,198
				2,039,819
Software - 1.9%
A10 Networks, Inc.*		4,215		53,826
Avaya Holdings Corp.*		8,343		202,067
InterDigital, Inc.		2,845		187,457
Kaleyra, Inc. (Italy)*		11,630		117,812
SecureWorks Corp., Class A*		2,108		42,287
				603,449
Specialty Retail - 3.3%
America's Car-Mart, Inc.*		1,416		225,144
Conn's, Inc.*		11,179		248,621
Kirkland's, Inc.*		10,053		195,631
Lumber Liquidators Holdings, Inc.*		9,110		173,819
Sonic Automotive, Inc., Class A		3,887		212,036
				1,055,251
Textiles, Apparel & Luxury Goods - 1.0%
Lakeland Industries, Inc.*		6,371		171,762
Tapestry, Inc.*		3,852		162,940
				334,702
Thrifts & Mortgage Finance - 2.0%
Axos Financial, Inc.*		2,468		118,094
MGIC Investment Corp.		4,663		64,536
NMI Holdings, Inc., Class A*		7,737		170,369
Radian Group, Inc.		4,518		102,016
Walker & Dunlop, Inc.		1,700		175,916
				630,931
Trading Companies & Distributors - 2.3%
Air Lease Corp.		4,723		200,066
Herc Holdings, Inc.*		1,800		223,272
Univar Solutions, Inc.*		6,949		170,529
WESCO International, Inc.*		1,449		154,246
				748,113
TOTAL COMMON STOCKS (Cost $30,265,506)				30,084,361

See Notes to Schedule of Investments.

(Continued)

First Eagle Small Cap Opportunity Fund
Schedule of Investments
July 31, 2021 (unaudited)

Investments	Shares	Value ($)
SHORT-TERM INVESTMENTS - 8.8%

INVESTMENT COMPANIES - 8.8%
JP Morgan U.S. Government Money Market Fund, Capital Shares, 0.03%, (a) (Cost $2,820,942)	2,820,942	2,820,942

Total Investments - 102.4% (Cost $33,086,448)		32,905,303
Liabilities in excess of other assets - (2.4%)		(765,470	)
Net Assets - 100.0%		32,139,833

*	Non-income producing security.
(a)	Represents 7-day effective yield as of July 31, 2021.

Abbreviations
ADR	American Depositary Receipt
REIT	Real Estate Investment Trust

See Notes to Schedule of Investments.

(Continued)

First Eagle Small Cap Opportunity Fund
Schedule of Investments
July 31, 2021 (unaudited)

Industry Diversification for Portfolio Holdings	Percent of Net Assets
Aerospace & Defense		3.1	%
Air Freight & Logistics		1.3
Airlines		1.2
Auto Components		2.8
Automobiles		0.6
Banks		1.5
Beverages		0.7
Biotechnology		0.2
Building Products		3.1
Capital Markets		1.7
Chemicals		4.9
Commercial Services & Supplies		3.1
Communications Equipment		3.8
Construction & Engineering		2.3
Diversified Consumer Services		1.9
Diversified Telecommunication Services		0.4
Electrical Equipment		0.7
Electronic Equipment, Instruments & Components		3.3
Energy Equipment & Services		2.3
Entertainment		0.5
Equity Real Estate Investment Trusts (REITs)		2.6
Food & Staples Retailing		1.0
Health Care Equipment & Supplies		2.3
Health Care Providers & Services		3.3
Health Care Technology		0.3
Hotels, Restaurants & Leisure		4.0
Household Durables		5.8
Insurance		1.7
Interactive Media & Services		0.8
Internet & Direct Marketing Retail		1.2
IT Services		0.4
Machinery		4.5
Marine		0.2
Media		0.3
Metals & Mining		2.9
Mortgage Real Estate Investment Trusts (REITs)		0.4
Multiline Retail		0.5
Oil, Gas & Consumable Fuels		2.4
Paper & Forest Products		0.6
Pharmaceuticals		0.3
Professional Services		0.9
Real Estate Management & Development		0.2
Road & Rail		0.8
Semiconductors & Semiconductor Equipment		6.3
Software		1.9
Specialty Retail		3.3
Textiles, Apparel & Luxury Goods		1.0
Thrifts & Mortgage Finance		2.0
Trading Companies & Distributors		2.3
Short-Term Investments		8.8
Total Investments		102.4	%

See Notes to Schedule of Investments.

(Continued)

FIRST EAGLE FUNDS

NOTES TO SCHEDULES OF INVESTMENTS (unaudited)

First Eagle Funds (the “Trust”), is an open-end management investment company registered under the Investment Company Act of 1940, as amended (“1940 Act”). The Trust consists of eight separate portfolios, First Eagle Global Fund, First Eagle Overseas Fund, First Eagle U.S. Value Fund, First Eagle Gold Fund, First Eagle Global Income Builder Fund, First Eagle High Income Fund, First Eagle Fund of America and First Eagle Small Cap Opportunity Fund (each individually a “Fund” or collectively the “Funds”). All the Funds are diversified mutual funds except for First Eagle Gold Fund and First Eagle Fund of America, which are non-diversified. The Trust is a Delaware statutory trust. The First Eagle Global Fund seeks long-term growth of capital by investing in a range of asset classes from markets in the United States and throughout the world. The First Eagle Overseas Fund seeks long-term growth of capital by investing primarily in equities issued by non-U.S. corporations. The First Eagle U.S. Value Fund seeks long-term growth of capital by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt securities. The First Eagle Gold Fund seeks to provide investors the opportunity to participate in the investment characteristics of gold (and to a limited extent other precious metals) for a portion of their overall investment portfolio. The First Eagle Global Income Builder Fund seeks current income generation and long-term growth of capital. The First Eagle High Income Fund seeks to provide investors with a high level of current income. The First Eagle Fund of America seeks capital appreciation and current income. The First Eagle Small Cap Opportunity Fund seeks long-term growth of capital. The First Eagle Small Cap Opportunity Fund commenced investment operations on April 27, 2021.

The Funds offer seven share classes, Class A shares, Class C shares, Class I shares, Class R3 shares, Class R4 shares, Class R5 shares and Class R6 shares, except for the First Eagle Small Cap Opportunity Fund, which offers Class A shares, Class I shares and Class R6 shares. Additionally, First Eagle Fund of America also offers Class Y shares. Class Y shares on First Eagle Fund of America are closed to new investors, subject to certain limited exceptions. Additional information can be found in the Fund’s prospectus.

First Eagle Investment Management, LLC (the “Adviser”), a subsidiary of First Eagle Holdings, Inc. (“First Eagle Holdings”), manages the Funds. A controlling interest in First Eagle Holdings is owned by BCP CC Holdings L.P., a Delaware limited partnership (“BCP CC Holdings”). BCP CC Holdings GP L.L.C., a Delaware limited liability company (“BCP CC Holdings GP”), is the general partner of BCP CC Holdings and has two managing members, Blackstone Capital Partners VI L.P. (“BCP VI”) and Corsair IV Financial Services Capital Partners L.P. (“Corsair IV”). BCP VI and Corsair IV are indirectly controlled by The Blackstone Inc. (“Blackstone”) and Corsair Capital LLC (“Corsair”), respectively. Investment vehicles indirectly controlled by Blackstone and Corsair and certain co-investors own a majority economic interest in First Eagle Holdings and the Adviser through BCP CC Holdings.

The following is a summary of significant accounting policies that are adhered to by the Funds. The Funds are investment companies and, accordingly, follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board Accounting Standards Codification Topic 946—Investment Companies, which is part of U.S. generally accepted accounting principles (“GAAP”).

a) Investments in Subsidiaries — The First Eagle Global Fund (the “Global Fund”), First Eagle Overseas Fund (the “Overseas Fund”), First Eagle U.S. Value Fund (the “U.S. Value Fund”), and First Eagle Gold Fund (the “Gold Fund”) may invest in certain precious metals through their investment in the First Eagle Global Cayman Fund, Ltd., First Eagle Overseas Cayman Fund, Ltd., First Eagle U.S. Value Cayman Fund, Ltd., and First Eagle Gold Cayman Fund, Ltd., respectively, each a wholly owned subsidiary (each referred to herein as a “Subsidiary” or collectively “the Subsidiaries”). Each Fund may invest up to 25% of its total assets in shares of its respective Subsidiary. Each Subsidiary has the ability to invest in commodities and securities consistent with the investment objective of its respective Fund. Substantially all of each Subsidiary’s assets represent physical gold bullion, and First Eagle Gold Cayman Fund, Ltd. also holds physical silver. Trading in bullion directly by the Funds presents the risk of tax consequences (e.g., a change in the Funds’ tax status subjecting the Funds to be taxed at the Fund level on all of their income if the Funds’ “non-qualifying income” exceeds 10% of the Funds’ gross income in any taxable year). Trading in bullion by the Subsidiaries generally does not present the same tax risks.

The First Eagle Global Cayman Fund, Ltd., established on October 18, 2013, is an exempted company under the laws of the Cayman Islands. The consolidated financial statements include the accounts of the First Eagle Global Fund and the First Eagle Global Cayman Fund, Ltd. All intercompany transactions and balances have been eliminated. As of July 31, 2021, the First Eagle Global Cayman Fund, Ltd. has $4,615,624,526 in net assets, representing 9.19% of the Global Fund’s net assets.

The First Eagle Overseas Cayman Fund, Ltd., established on October 18, 2013, is an exempted company under the laws of the Cayman Islands. The consolidated financial statements include the accounts of the First Eagle Overseas Fund and the First Eagle Overseas Cayman Fund, Ltd. All intercompany transactions and balances have been eliminated. As of July 31, 2021, the First Eagle Overseas Cayman Fund, Ltd. has $1,155,272,708 in net assets, representing 7.59% of the Overseas Fund’s net assets.

The First Eagle U.S. Value Cayman Fund, Ltd., established on January 24, 2012, is an exempted company under the laws of the Cayman Islands. The consolidated financial statements include the accounts of the First Eagle U.S. Value Fund and the First Eagle U.S. Value Cayman Fund, Ltd. All intercompany transactions and balances have been eliminated. As of July 31, 2021, the First Eagle U.S. Value Cayman Fund, Ltd. has $133,393,176 in net assets, representing 10.18% of the U.S. Value Fund’s net assets.

The First Eagle Gold Cayman Fund, Ltd., established on May 28, 2010, is an exempted company under the laws of the Cayman Islands. The consolidated financial statements include the accounts of the First Eagle Gold Fund and the First Eagle Gold Cayman Fund, Ltd. All intercompany transactions and balances have been eliminated. As of July 31, 2021, the First Eagle Gold Cayman Fund, Ltd. has $569,734,529 in net assets, representing 24.29% of the Gold Fund’s net assets.

b) Investment Valuation — Each Fund computes its net asset value once daily as of the close of trading on each day the New York Stock Exchange (“NYSE”) is open for trading. The net asset value per share is computed by dividing the total current value of the assets of a Fund, less its liabilities, by the total number of shares outstanding at the time of such computation.

A portfolio security (including an option or warrants), other than a bond, which is traded on a U.S. national securities exchange or a securities exchange abroad is generally valued at the price of the official close (last quoted sales price if an official closing price is not available) as of the local market close on the primary exchange. If there are no round lot sales on such date, such security will be valued at the mean between the closing bid and asked prices (and if there is only a bid or only an asked price on such date, valuation will be at such bid or asked price for long or short positions, respectively). Securities, other than bonds, traded in the over-the-counter market are valued at the mean between the last bid and asked prices prior to the time of valuation (and if there is only a bid or only an asked price on such date, valuation will be at such bid or asked price for long or short positions, respectively), except if such unlisted security is traded on the NASDAQ in which case it is valued at the NASDAQ Official Closing Price. Such prices are provided by approved pricing vendors or other independent pricing sources.

All bonds, whether listed on an exchange or traded in the over-counter-market for which market quotations are readily available are generally priced at the evaluated bid price provided by an approved pricing service as of the close of the NYSE (normally 4:00 p.m. Eastern Time), or dealers in the over-the-counter markets in the United States or abroad. Pricing services and broker-dealers use multiple valuation techniques to determine value. In instances where sufficient market activity exists, dealers or pricing services utilize a market-based approach through which quotes from market makers are used to determine fair value. In instances where sufficient market activity may not exist or is limited, the dealers or pricing services also utilize proprietary valuation models which may consider market transactions in comparable securities and the various relationships between securities in determining value and/or market characteristics such as benchmark yield curves, option-adjusted spreads, credit spreads, estimated default rates, coupon-rates, anticipated timing of principal repayments, underlying collateral, and other unique security features in order to estimate the relevant cash flows, which are then discounted to calculate the fair values. The Adviser’s Valuation Committee, at least annually, will review the pricing service’s inputs, methods, models and assumptions for its evaluated prices. Short term debt maturing in 60 days or less is valued at evaluated bid prices.

Commodities (such as physical metals) are valued at a calculated evaluated mean price, as provided by an independent price source as of the close of the NYSE.

Forward foreign currency exchange contracts are valued at the current cost of covering or offsetting such contracts, by reference to forward currency rates at the time the NYSE closes, as provided by an independent pricing source.

The spot exchange rates, as provided by an independent price source as of the close of the NYSE, are used to convert foreign security prices into U.S. dollars.

Any security that is listed or traded on more than one exchange (or traded in multiple markets) is valued at the official close on the primary exchange or market on which they are traded. In the absence of such a quotation, a security may be valued at the last quoted sales price on the most active exchange or market as determined by the independent pricing agent. The Funds use pricing services to identify the market prices of publicly traded securities in their portfolios. When market prices are determined to be “stale” as a result of limited market activity for a particular holding or have been materially affected by events occurring after the close of trading on the exchange or market on which the security is principally traded but before the Fund’s NAV is calculated, or in other circumstances when market prices are unavailable, such as for private placements, or determined to be unreliable for a particular holding, such holdings may be “fair valued” in accordance with procedures approved by the Board of Trustees (“Board”). The values assigned to a Fund’s holdings therefore may differ on occasion from reported market values.

Additionally, trading of foreign equity securities on most foreign markets is completed before the close in trading in the U.S. markets. The Funds have implemented fair value pricing on a daily basis for all foreign securities, as available, to account for the market movement between the close of the foreign market and the close of the NYSE. The fair value pricing utilizes factors provided by an independent pricing service. The values assigned to a Fund’s holdings therefore may differ on occasion from reported market values, especially during periods of higher market price volatility. The Board and the Adviser believe relying on the procedures as just described will result in prices that are more reflective of the actual market value of portfolio securities held by the Funds than relying solely on reported market values.

The Funds adopted provisions surrounding fair value measurements and disclosures that define fair value, establish a framework for measuring fair value in GAAP and expand disclosures about fair value measurements. This applies to fair value measurements that are already required or permitted by other accounting standards and is intended to increase consistency of those measurements and applies broadly to securities and other types of assets and liabilities.

The Funds disclose the fair value of their investments in a hierarchy that prioritizes the inputs or assumptions to valuation techniques used to measure fair value. These inputs are used in determining the value of the Funds’ investments and are summarized in the following fair value hierarchy:

Level 1 — Quoted prices in active markets for identical securities.

Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3 — Other significant unobservable inputs (including the Fund’s own assumption in determining the fair value of investments).

The significant unobservable inputs that may be used in determining valuations for investments identified within Level 3 are market comparables and the enterprise value of a company. Indications of value and quotations may be observable at any given time, but are currently treated by the Funds as unobservable. Significant changes in any of the unobservable inputs may significantly impact the fair value measurement. The impact is based on the relationship between each unobservable input and the fair value measurement.

Significant increases (decreases) in enterprise multiples may increase (decrease) the fair value measurement. Significant increases (decreases) in the discount for marketability, probability of insolvency and probability of default may decrease (increase) the fair value measurement.

Fair valuation of securities, other financial investments or other assets (collectively, “securities”) held by the Funds are determined in good faith under the supervision and responsibility of the Board. The Board Valuation and Liquidity Committee (the “Committee”) oversees the execution of the valuation and liquidity procedures for the Funds.

The following is a summary of the Funds’ inputs used to value the Funds’ investments as of July 31, 2021:

First Eagle Global Fund

Description	Level 1		Level 2			Level 3‡			Total

Assets:†
Common Stocks	$	25,444,252,895	$	14,269,118,946	(a)	$	–		$	39,713,371,841
Corporate Bonds		–		–			5,863,358	(b)		5,863,358
Commodities^*		–		5,168,123,766			–			5,168,123,766
Foreign Government Securities		–		527,110,077			–			527,110,077
Short-Term Investments		126,145		4,809,890,296			–			4,810,016,441
Warrants		9,288,943		–			–			9,288,943
Forward Foreign Currency Exchange Contracts^**		–		13,951,516			–			13,951,516
Total	$	25,453,667,983	$	24,788,194,601		$	5,863,358		$	50,247,725,942

Liabilities:
Forward Foreign Currency Exchange Contracts^**	$	–	$	(1,173,638	)	$	–		$	(1,173,638	)
Total	$	–	$	(1,173,638	)	$	–		$	(1,173,638	)

(a)

The Fund has implemented fair value pricing on a daily basis for all foreign securities, as available, to account for the market movement between the close of the foreign market and the close of the NYSE. See Note 1(b) for additional details.

(b)

These investments are valued by brokers and pricing services. The inputs for these investments are not readily available or cannot be reasonably estimated and are generally those inputs described in Note 1(b).

†

See Consolidated Schedule of Investments for additional detailed categorizations.

‡

Value determined using significant unobservable inputs.

Represents gold bullion.

^**

Forward Foreign Currency Exchange Contracts are valued at net unrealized appreciation (depreciation) on the contracts.

Fair Value Level 3 activity for the nine-month period ended July 31, 2021 was as follows:

	Corporate Bonds
Beginning Balance —market value	$	5,549,005
Purchases⁽¹⁾		—
Sales⁽²⁾		—
Transfer In — Level 3		—
Transfer Out — Level 3		—
Accrued discounts/ (premiums)		32,243
Realized Gains (Losses)		—
Change in Unrealized Appreciation (Depreciation)		282,110
Ending Balance — market value	$	5,863,358
Change in unrealized gains or (losses) relating to assets still held at reporting date	$	282,110

(1)

Purchases include all purchases of securities and securities received in corporate actions.

(2)

Sales include all sales of securities, maturities, paydowns and securities tendered in corporate actions.

First Eagle Overseas Fund

Description	Level 1		Level 2			Level 3‡		Total

Assets:†
Common Stocks	$	2,877,076,462	$	8,709,130,129	^(a)	$	18,311,537	$	11,604,518,128
Commodities ^*		–		1,517,156,301			–		1,517,156,301
Foreign Government Securities		–		291,341,817			–		291,341,817
Short-Term Investments		37,011		1,816,371,848			–		1,816,408,859
Warrants		4,069,358		–			–		4,069,358
Forward Foreign Currency Exchange Contracts^**		–		7,542,249			–		7,542,249
Total	$	2,881,182,831	$	12,341,542,344		$	18,311,537	$	15,241,036,712

Liabilities:
Forward Foreign Currency Exchange Contracts^**	$	–	$	(513,914	)	$	–	$	(513,914	)
Total	$	–	$	(513,914	)	$	–	$	(513,914	)

(a)

†

See Consolidated Schedule of Investments for additional detailed categorizations.

‡

Value determined using significant unobservable inputs.

Represents gold bullion.

^**

Forward Foreign Currency Exchange Contracts are valued at net unrealized appreciation (depreciation) on the contracts.

Fair Value Level 3 activity for the nine-month period ended July 31, 2021 was as follows:

	Common Stocks
Beginning Balance —market value	$	8,129,690
Purchases⁽¹⁾		—
Sales⁽²⁾		—
Transfer In — Level 3		—
Transfer Out — Level 3		—
Accrued discounts/ (premiums)		—
Realized Gains (Losses)		—
Change in Unrealized Appreciation (Depreciation)		10,181,847
Ending Balance — market value	$	18,311,537
Change in unrealized gains or (losses) relating to assets still held at reporting date	$	10,181,847

(1)

Purchases include all purchases of securities and securities received in corporate actions.

(2)

Sales include all sales of securities, maturities, paydowns and securities tendered in corporate actions.

Quantitative Information about Level 3 Fair Value Measurements

Fair Value at July 31, 2021

Valuation Technique(s)

Unobservable Input

Range (Weighted Average)

Direction
Change in Fair
Value Resulting
from Increase
in Unobservable
Inputs(a)

Common Stocks

18,311,537

Market Comparable Companies

Enterprise Value Multiple

0.33x - 34.48x (6.39x)

Increase

Total

18,311,537

(a)

This column represents the direction change in the fair value of Level 3 securities that would result from an increase to the corresponding unobservable inputs. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases of these inputs could result in significantly higher or lower gain value determination

First Eagle U.S. Value Fund

Description	Level 1		Level 2			Level 3‡			Total

Assets:†
Common Stocks	$	1,042,602,291	$	4,567,990	^(a)	$	–		$	1,047,170,281
Corporate Bonds		–		–			643,500	^(b)		643,500
Commodities^*		–		133,399,764			–			133,399,764
Master Limited Partnerships		25,332,237		–			–			25,332,237
Short-Term Investments		19,259		108,449,664			–			108,468,923
Total	$	1,067,953,787	$	246,417,418		$	643,500		$	1,315,014,705

(a)

(b)

†

See Consolidated Schedule of Investments for additional detailed categorizations.

‡

Value determined using significant unobservable inputs.

Represents gold bullion.

Fair Value Level 3 activity for the nine-month period ended July 31, 2021 was as follows:

	Corporate Bonds
Beginning Balance —market value	$	609,000
Purchases⁽¹⁾		—
Sales⁽²⁾		—
Transfer In — Level 3		—
Transfer Out — Level 3		—
Accrued discounts/ (premiums)		3,703
Realized Gains (Losses)		—
Change in Unrealized Appreciation (Depreciation)		30,797
Ending Balance — market value	$	643,500
Change in unrealized gains or (losses) relating to assets still held at reporting date	$	30,797

(1)	Purchases include all purchases of securities and securities received in corporate actions.

(2)	Sales include all sales of securities, maturities, paydowns and securities tendered in corporate actions.

First Eagle Gold Fund

Description	Level 1		Level 2			Level 3		Total

Assets:†
Common Stocks	$	1,379,203,639	$	133,457,468	^(a)	$	–	$	1,512,661,107
Commodities ^*		–		569,783,004			–		569,783,004
Right		5,717,352		–			–		5,717,352
Short-Term Investments		42,744		258,841,906			–		258,884,650
Total	$	1,384,963,735	$	962,082,378		$	–	$	2,347,046,113

(a)

†

See Consolidated Schedule of Investments for additional detailed categorizations.

Represents gold and silver bullion.

First Eagle Global Income Builder Fund

Description	Level 1		Level 2			Level 3‡			Total

Assets:†
Common Stocks	$	431,487,431	$	464,447,305	^(a)	$	–		$	895,934,736
Convertible Preferred Stock		16,823,649		–			–			16,823,649
Corporate Bonds		–		151,158,079			2,586,734	^(b)		153,744,813
Closed-end Funds		13,238,367		–			–			13,238,367
Commodities^*		–		104,840,053			–			104,840,053
Foreign Government Securities		–		8,342,352			–			8,342,352
Master Limited Partnerships		29,891,461		–			–			29,891,461
Preferred Stocks		21,862,112		–			–			21,862,112
Short-Term Investments		12,441		47,138,355			–			47,150,796
U.S. Treasury Obligation		–		69,075,491			–			69,075,491
Warrants		284,905		–			–			284,905
Forward Foreign Currency Exchange Contracts^**		–		512,667			–			512,667
Total	$	513,600,366	$	845,514,302		$	2,586,734		$	1,361,701,402

Description	Level 1			Level 2			Level 3‡		Total

Liabilities:
Forward Foreign Currency Exchange Contracts^**	$	–		$	(35,372	)	$	–	$	(35,372	)
Written Options		(2,383,858	)		–			–		(2,383,858	)
Total	$	(2,383,858	)	$	(35,372	)	$	–	$	(2,419,230	)

(a)

(b)

†

See Schedule of Investments for additional detailed categorizations.

‡

Value determined using significant unobservable inputs.

Represents gold bullion.

^**

Forward Foreign Currency Exchange Contracts are valued at net unrealized appreciation (depreciation) on the contracts.

Fair Value Level 3 activity for the nine-month period ended July 31, 2021 was as follows:

	Corporate Bonds			Loan Assignments			Total
Beginning Balance —market value	$	—		$	3,763,237		$	3,763,237
Purchases⁽¹⁾		2,699,000			—			2,699,000
Sales⁽²⁾		(2,699,000	)		(4,276,406	)		(6,975,406	)
Transfer In — Level 3		2,192,630			—			2,192,630
Transfer Out — Level 3		—			—			—
Accrued discounts/ (premiums)		6,840			8,110			14,950
Realized Gains (Losses)		—			33,082			33,082
Change in Unrealized Appreciation (Depreciation)		387,264			471,977			859,241
Ending Balance — market value	$	2,586,734		$	—			2,586,734
Change in unrealized gains or (losses) relating to assets still held at reporting date	$	387,264			—			387,264

(1)

Purchases include all purchases of securities and securities received in corporate actions.

(2)

Sales include all sales of securities, maturities, paydowns and securities tendered in corporate actions.

First Eagle High Income Fund

Description	Level 1		Level 2		Level 3‡			Total

Assets:†
Corporate Bonds	$	–	$	223,219,175	$	136,550	^(a)	$	223,355,725
Loan Assignment		–		1,665,162		–			1,665,162
Short-Term Investments		5,020		18,814,743		–			18,819,763
Forward Foreign Currency Exchange Contracts^**		–		1,484		–			1,484
Total	$	5,020	$	243,700,564	$	136,550		$	243,842,134

(a)

†

See Schedule of Investments for additional detailed categorizations.

‡

Value determined using significant unobservable inputs.

^**

Forward Foreign Currency Exchange Contracts are valued at net unrealized appreciation (depreciation) on the contracts.

Fair Value Level 3 activity for the nine-month period ended July 31, 2021 was as follows:

	Common Stocks			Corporate Bonds		Loan Assignments			Total Value
Beginning Balance —market value	$	16,460,676		$	—	$	4,692,435		$	21,153,111
Purchases⁽¹⁾		—			—		—			—
Sales⁽²⁾		(16,594,388	)		—		(5,332,313	)		(21,926,701	)
Transfer In — Level 3		—			130,767		—			130,767
Transfer Out — Level 3		—			—		—			—
Accrued discounts/ (premiums)		—			—		16,376			16,376
Realized Gains (Losses)		9,543,782			—		70,746			9,614,528
Change in Unrealized Appreciation (Depreciation)		(9,410,070	)		5,783		552,756			(8,851,531	)
Ending Balance — market value	$	—		$	136,550	$	—		$	136,550
Change in unrealized gains or (losses) relating to assets still held at reporting date	$	—		$	5,783	$	—		$	5,783

(1)

Purchases include all purchases of securities and securities received in corporate actions.

(2)

Sales include all sales of securities, maturities, paydowns and securities tendered in corporate actions.

First Eagle Fund of America

Description	Level 1		Level 2			Level 3		Total

Assets:†
Common Stocks	$	562,701,292	$	10,753,008	^(a)	$	–	$	573,454,300
Short-Term Investments		2,921		5,848,919			–		5,851,840
Total	$	562,704,213	$	16,601,927		$	–	$	579,306,140

†

See Schedule of Investments for additional detailed categorizations.

(a)

First Eagle Small Cap Opportunity Fund

Description	Level 1		Level 2		Level 3		Total

Assets:†
Common Stocks	$	30,084,361	$	–	$	–	$	30,084,361
Short-Term Investments		2,820,942		–		–		2,820,942
Total	$	32,905,303	$	–	$	–	$	32,905,303

†

See Schedule of Investments for additional detailed categorizations.

c) Forward Foreign Currency Exchange Contracts — In connection with portfolio purchases and sales of securities denominated in foreign currencies, each Fund may enter into forward foreign currency exchange contracts. The First Eagle Global Fund, First Eagle Overseas Fund, First Eagle Global Income Builder Fund and First Eagle High Income Fund enter into forward foreign currency exchange contracts primarily to manage and/or gain exposure to certain foreign currencies. The Funds’ currency transactions include portfolio hedging on portfolio positions. Portfolio hedging is the use of a forward foreign currency exchange contract (or other cash management position) with respect to one or more portfolio security positions denominated or quoted in a particular currency. Currency exchange transactions involve currencies of different countries that the Funds invest in and serve as hedges against possible variations in the exchange rates between these currencies and the U.S. dollar. Each Fund may engage in portfolio hedging with respect to the currency of a particular country in amounts approximating actual or anticipated positions in securities denominated in that currency. Hedging can reduce exposure to currency exchange movements, but cannot eliminate that exposure. It is possible to lose money under a hedge.

Funds investing in forward foreign currency exchange contracts are exposed to risk if the value of the currency changes unfavorably, if the counterparties to the contracts are unable to meet the terms of their contracts or if the Fund is unable to enter into a closing position. Forward foreign currency exchange contracts outstanding at period end, if any, are listed after each Fund’s portfolio. For the period ended July 31, 2021, the average monthly outstanding currency purchased or sold in U.S. dollars for forward foreign currency exchange contracts held by the Funds were as follows:

	First Eagle Global Fund		First Eagle Overseas Fund		First Eagle Global Income Builder Fund		First Eagle High IncomE Fund
Forward Foreign Currency Exchange Contracts:
Average Settlement Value — Purchased	$	190,634,865	$	101,699,105	$	5,357,837	$	-
Average Settlement Value — Sold		777,248,587		401,914,581		27,325,561		132,053

The Funds adopted provisions surrounding disclosures of derivative instruments and hedging activities which require qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about currency-risk-related contingent features in derivative agreements.

In order to better define its contractual rights and to secure rights that may help the Funds mitigate counterparty risk, the Funds may enter into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) or similar agreement with derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter (“OTC”) derivatives and forward foreign currency exchange contracts and typically contains, among other things, collateral posting terms and netting provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, the Funds may, under certain circumstances, offset with the counterparty certain derivative financial instrument’s payables and/or receivables with collateral held and/or posted and create one single net payment. With respect to certain counterparties, in accordance with the terms of the ISDA Master Agreement, the Funds may be required to post or receive collateral in the form of cash or debt securities issued by the U.S. Government or related agencies. Daily movement of cash collateral is subject to minimum threshold amounts. Cash collateral that has been pledged to cover obligations of a Fund, if any, is reported separately on the Statements of Assets and Liabilities as cash pledged. Non-cash collateral pledged by a Fund, if any, is noted in the Schedules of Investments. Collateral received by the Funds is held in a segregated account at the Funds’ custodian bank. These amounts are not reflected on the Funds’ Statements of Assets and Liabilities and are disclosed in the table below. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default (close-out netting) including the bankruptcy or insolvency of the counterparty. Note, however, that bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency or other events.

At July 31, 2021, the Funds had the following forward foreign currency exchange contracts grouped into appropriate risk categories illustrated below:

First Eagle Global Fund

					Derivative Gain (Loss) Recognized in Income
Risk Type	Asset Derivative Fair Value		Liability Derivative Fair Value		Net realized Gains (Losses)			Change in Appreciation (Depreciation)
Foreign currency	$	13,951,516	$	1,173,638	$	(18,061,988	)	$	10,612,988

First Eagle Overseas Fund

					Derivative Gain (Loss) Recognized in Income
Risk Type	Asset Derivative Fair Value		Liability Derivative Fair Value		Net realized Gains (Losses)			Change in Appreciation (Depreciation)
Foreign currency	$	7,542,249	$	513,914	$	(8,025,960	)	$	5,921,185

First Eagle Global Income Builder Fund

					Derivative Gain (Loss) Recognized in Income
Risk Type	Asset Derivative Fair Value		Liability Derivative Fair Value		Net realized Gains (Losses)			Change in Appreciation (Depreciation)
Foreign currency	$	512,667	$	35,372	$	(485,157	)	$	370,978

First Eagle High Income Fund

					Derivative Gain (Loss) Recognized in Income
Risk Type	Asset Derivative Fair Value		Liability Derivative Fair Value		Net realized Gains (Losses)			Change in Appreciation (Depreciation)
Foreign currency	$	1,484	$	–	$	(2,170	)	$	626

The following tables present each Fund’s gross derivative assets and liabilities by counterparty net of amounts available for offset under netting arrangements and any related collateral received or pledged by each Fund as of July 31, 2021:

First Eagle Global Fund

Counterparty	Gross Amount of Assets Presented in the Statement of Assets and Liabilities		Derivatives Available for Offset			Collateral Received*			Net Amount (Not Less Than $0)
Bank of New York Mellon	$	3,788,429	$	–		$	–		$	3,788,429
Goldman Sachs		5,882,412		–			(5,880,000	)		2,412
HSBC Bank plc		3,071,549		–			–			3,071,549
JPMorgan Chase Bank		149,539		–			(149,539	)		–
UBS AG		1,059,587		(1,059,587	)		–			–
	$	13,951,516	$	(1,059,587	)	$	(6,029,539	)	$	6,862,390

Counterparty	Gross Amount of Liabilities Presented in the Statement of Assets and Liabilities		Derivatives Available for Offset			Collateral Pledged*		Net Amount (Not Less Than $0)
UBS AG		1,173,638		(1,059,587	)		–		114,051
	$	1,173,638	$	(1,059,587	)	$	–	$	114,051

First Eagle Overseas Fund

Counterparty	Gross Amount of Assets Presented in the Statement of Assets and Liabilities		Derivatives Available for Offset			Collateral Received*			Net Amount (Not Less Than $0)
Bank of New York Mellon	$	2,013,448	$	–		$	–		$	2,013,448
Goldman Sachs		3,029,436		–			(3,029,436	)		–
HSBC Bank plc		1,859,403		–			–			1,859,403
JPMorgan Chase Bank		79,714		–			(79,714	)		–
UBS AG		560,248		(513,914	)		–			46,334
	$	7,542,249	$	(513,914	)	$	(3,109,150	)	$	3,919,185

Counterparty	Gross Amount of Liabilities Presented in the Statement of Assets and Liabilities		Derivatives Available for Offset			Collateral Pledged*		Net Amount (Not Less Than $0)
UBS AG		513,914		(513,914	)		–		–
	$	513,914	$	(513,914	)	$	–	$	–

First Eagle Global Income Builder Fund

Counterparty	Gross Amount of Assets Presented in the Statement of Assets and Liabilities		Derivatives Available for Offset			Collateral Received*			Net Amount (Not Less Than $0)
Bank of New York Mellon	$	153,251	$	–		$	–		$	153,251
Goldman Sachs		197,271		–			(170,000	)		27,271
HSBC Bank plc		109,000		–			–			109,000
JPMorgan Chase Bank		14,325		–			(10,000	)		4,325
UBS AG		38,820		(35,372	)		–			3,448
	$	512,667	$	(35,372	)	$	(180,000	)	$	297,295

Counterparty	Gross Amount of Liabilities Presented in the Statement of Assets and Liabilities		Derivatives Available for Offset			Collateral Pledged*		Net Amount (Not Less Than $0)
UBS AG		35,372		(35,372	)		–		–
	$	35,372	$	(35,372	)	$	–	$	–

First Eagle High Income Fund

Counterparty	Gross Amount of Liabilities Presented in the Statement of Assets and Liabilities		Derivatives Available for Offset		Collateral Pledged*		Net Amount (Not Less Than $0)
JPMorgan Chase Bank		1,484		–		–		1,484
	$	1,484	$	–	$	–	$	1,484

The actual collateral received/pledged may be more than the amount reported due to over collateralization.

d) Options — In order to seek to produce incremental earnings or protect against declines in the value of portfolio securities, each Fund may write “covered” call options on portfolio securities and on broadly based stock indices. The Funds may also use options for speculative purposes, although they generally do not employ options for this purpose.

Options contracts traded on an exchange are valued daily based upon the official closing price on the relevant exchange on which the option is traded. If there is no official closing price, the mean between the last bid and asked prices may be used. Options contracts traded in the over-the-counter market are valued at the mean between the last bid and asked prices prior to the valuation. If there is only a bid or only an asked price, such price may be used. When an option is exercised, the proceeds on the sale of a written call option are adjusted by the amount of premium received or paid. When a written option expires, the Funds will realize a gain equal to the amount of the premium received. When the Funds enter into a closing purchase transaction, the Funds will realize a gain (or loss, if the cost of the closing purchase transaction exceeds the premium received when the option was written) without regard to any unrealized gain or loss on the underlying security and the liability related to such option is eliminated.

A Fund may be required to segregate or earmark assets to cover its obligations under option contracts. In general, a call option is covered if a Fund holds, on a share-for-share basis, either the underlying shares or a call on the same security as the call written where the exercise price of the call held is equal to or less than the exercise price of the call written (or greater than the exercise price of the call written if the difference is maintained by the Funds in cash, Treasury bills or other high grade short-term obligations earmarked with its custodian). One reason for writing options is to attempt to realize, through the receipt of premiums, a greater return than would be realized on the securities alone. Another reason for writing options is to hedge against a moderate decline in the value of securities owned by a Fund in the case of a call option. If an increase occurs in the underlying security or stock index sufficient to result in the exercise of a call written by a Fund, it may be required to deliver securities or cash and may thereby forego some or all of the gain that otherwise may have been realized on the securities underlying the call option. This “opportunity cost” may be partially or wholly offset by the premium received for the covered call written by a Fund. The risk in writing a covered call option is that a Fund gives up the opportunity for profit if the market price of the underlying security increases and the option is exercised. A Fund also has the additional risk of not being able to enter into a closing transaction if a liquid secondary market does not exist.

A Fund may also write over-the-counter options where the completion of the obligation is dependent upon the credit standing of the counterparty.

As of July 31, 2021, portfolio securities valued at $135,186,176 were earmarked to cover collateral requirements for written options for First Eagle Global Income Builder Fund.

For the period ended July 31, 2021, the average monthly number of contracts outstanding for written options and purchased options held by the Funds were as follows:

	First Eagle Global Income Builder Fund		First Eagle Fund Of America
Options Contracts:
Average Number of Contracts - Purchased		-		11,787
Average Number of Contracts - Written		16,577		6,447

At July 31, 2021, the Funds had the following options grouped into appropriate risk categories illustrated below:

First Eagle Global Income Builder Fund

					Derivative Gain (Loss) Recognized in Income
Risk Type	Asset Derivative Fair Value		Liability Derivative Fair Value		Net realized Gains (Losses)		Change in Appreciation (Depreciation)
Equity - Written options	$	–	$	2,383,858	$	1,657,564	$	(509,486	)

First Eagle Fund of America

					Derivative Gain (Loss) Recognized in Income
Risk Type	Asset Derivative Fair Value		Liability Derivative Fair Value		Net realized Gains (Losses)			Change in Appreciation (Depreciation)
Equity - Written options	$	–	$	–	$	(257,843	)	$	(746,245	)
Equity - Purchased options		-		-		(3,933,449	)		2,857,438