High yield, lower rated securities involve greater price volatility and present greater risks than high rated fixed income securities. All investments involve the risk of loss of principal.
Edward Meigs, CFA and Sean Slein, CFA are Portfolio Managers of the First Eagle High Yield Fund, which seeks to provide investors with a high level of current income. Ed and Sean have managed portfolios together for more than 10 years, through two full credit cycles. They employ a bottom-up investment approach and focus on fundamental research, seeking to maximize risk-adjusted returns by modifying risk exposure throughout the high yield credit cycle. They are also Co-Portfolio Managers of the First Eagle Global Income Builder Fund along with Giorgio Caputo and Robert Hordon, CFA.