# EDGAR Filing Document

**Accession Number:** 0000906352
**File Stem:** 0001752724-25-161827
**Filing Date:** 2025-6
**Character Count:** 36555
**Document Hash:** 9a2a12e6a2473c9170a079b321817bab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161827.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161827

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST EAGLE FUNDS
- **CENTRAL INDEX KEY:** 0000906352

**ORGANIZATION NAME:**
- **EIN:** 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:** 251085317

**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

## Series and Classes Contracts Data

### First Eagle U.S. Fund (Series ID: S000011213)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000030900 | Class A      | FEVAX           |
| C000030901 | Class I      | FEVIX           |
| C000030902 | Class C      | FEVCX           |
| C000179773 | Class R6     | FEVRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** First Eagle Funds

- **b. Investment Company Act file number:** 811-07762

- **c. CIK number of Registrant:** 0000906352

- **d. LEI of Registrant:** 549300FE2F4XF7FZN136

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1345 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 800-334-2143

**Item A.2. Information about the Series.**

- **a. Name of Series:** First Eagle U.S. Fund

- **b. EDGAR series identifier (if any):** S000011213

- **c. LEI of Series:** 549300TBDTKA0PSVNC90

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1382296441.43

**Total Liabilities:** $2815000.28

**Net Assets:** $1379481441.15

**Amount of Assets Invested in Other Investment Companies:** $178872116.00

**Cash Not Reported:** $0.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000030902 | -1.29%               | -1.10%               | -2.97%               |
| Class ID C000030901 | -0.23%               | 0.00%                | -1.90%               |
| Class ID C000179773 | -0.23%               | 0.00%                | -1.90%               |
| Class ID C000030900 | -5.28%               | -5.03%               | -6.80%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4225312.08              | $-7811567.70                               |
| Month 2  | $4071991.96              | $-7045947.85                               |
| Month 3  | $22218929.35             | $-50590030.03                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                        | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Oracle Corp.                                                | Oracle Corp.                                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    309068 | NS      | $43492048.96  | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co. (The)                                       | Kraft Heinz Co. (The)                                       | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    262298 | NS      | $7632871.80   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                           | Exxon Mobil Corp.                                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    269349 | NS      | $28451334.87  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                              | Alphabet, Inc., Class A                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    126759 | NS      | $20129329.20  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington, Inc.                | Expeditors International of Washington, Inc.                | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |    166939 | NS      | $18348265.49  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos., Inc.                                         | Carlisle Cos., Inc.                                         | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     15235 | NS      | $5781377.80   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Gold Corp.                                          | Barrick Gold Corp.                                          | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    500107 | NS      | $9522037.28   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                              | Alphabet, Inc., Class C                                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    202083 | NS      | $32513133.87  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co. (The)                                     | Western Union Co. (The)                                     | CUSIP: 95980GS17<br>LEI: 28ID94QU1140NC23S047 | Long             | STIV             | CORP              | US        |   2218000 | PA      | $2217716.98   | 0.16%             | 2025-05-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Cummins, Inc.                                               | Cummins, Inc.                                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     55552 | NS      | $16323399.68  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.                           | Fidelity National Financial, Inc.                           | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    158855 | NS      | $10174662.75  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments, Inc.                                       | Global Payments, Inc.                                       | CUSIP: 37961CS11<br>LEI: 549300NOMHGVQBX6S778 | Long             | STIV             | CORP              | US        |   1655000 | PA      | $1654774.75   | 0.12%             | 2025-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CH Robinson Worldwide, Inc.                                 | CH Robinson Worldwide, Inc.                                 | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |    328757 | NS      | $29331699.54  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores, Inc.                                           | Ross Stores, Inc.                                           | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     38745 | NS      | $5385555.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Embecta Corp.                                               | Embecta Corp.                                               | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2700071.10   | 0.20%             | 2030-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| American Express Co.                                        | American Express Co.                                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     58719 | NS      | $15643328.79  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                                       | Bank of America Corp., Series L                             | CUSIP: 060505682<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      4250 | NS      | $4972840.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco-Nevada Corp.                                         | Franco-Nevada Corp.                                         | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     29128 | NS      | $5005595.88   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                              | Amphenol Corp.                                              | CUSIP: 03209LS15<br>LEI: 549300D3L3G0R4U4VT04 | Long             | STIV             | CORP              | US        |   3311000 | PA      | $3310586.79   | 0.24%             | 2025-05-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| IPG Photonics Corp.                                         | IPG Photonics Corp.                                         | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |    186242 | NS      | $11154033.38  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co.                                      | Becton Dickinson & Co.                                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    188006 | NS      | $38934162.54  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                                               | Newmont Corp.                                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    259404 | NS      | $13665402.72  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Dentsply Sirona, Inc.                                       | Dentsply Sirona, Inc.                                       | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |    503680 | NS      | $7001152.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                                            | Weyerhaeuser Co.                                            | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    401701 | NS      | $10408072.91  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                                 | Apple, Inc.                                                 | CUSIP: 03785DV45<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4942786.50   | 0.36%             | 2025-08-04      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Nutrien Ltd.                                                | Nutrien Ltd.                                                | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |    238370 | NS      | $13599008.50  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp.                                        | Dollar General Corp.                                        | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |    167072 | NS      | $15652975.68  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co.                                                 | Deere & Co.                                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     20543 | NS      | $9522913.08   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories, Inc.                                  | Bio-Rad Laboratories, Inc., Class A                         | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |     50797 | NS      | $12398531.76  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.                             | Universal Health Services, Inc., Class B                    | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |    170425 | NS      | $30177154.75  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mexico Remittances Funding Fiduciary Estate Management Sarl | Mexico Remittances Funding Fiduciary Estate Management Sarl | CUSIP: 593035AB4<br>LEI: 54930007WQ6S3GFCM563 | Long             | DBT              | CORP              | LU        |   5500000 | PA      | $5403750.00   | 0.39%             | 2031-10-15      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| United States of America                                    | U.S. Treasury Bills                                         | CUSIP: 912797PX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   5000000 | PA      | $4920350.70   | 0.36%             | 2025-09-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Partners LP                             | Enterprise Products Partners LP                             | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             |  |  | US        |    791505 | NS      | $23665999.50  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold, Inc.                                            | Royal Gold, Inc.                                            | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |     36122 | NS      | $6599850.62   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                    | U.S. Treasury Bills                                         | CUSIP: 912797NE3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  15000000 | PA      | $14987735.40  | 1.09%             | 2025-05-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                        | Meta Platforms, Inc., Class A                               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     95714 | NS      | $52546986.00  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                                               | Medtronic plc                                               | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |    276170 | NS      | $23408169.20  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.                           | Philip Morris International, Inc.                           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    317514 | NS      | $54409199.04  | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson plc                                    | Willis Towers Watson plc                                    | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | IE        |     88365 | NS      | $27198747.00  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Operating LLC                           | Enterprise Products Operating LLC                           | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2653431.83   | 0.19%             | 2078-02-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                               | Comcast Corp., Class A                                      | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   1020363 | NS      | $34896414.60  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                                  | US Bancorp                                                  | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    330658 | NS      | $13338743.72  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Bausch & Lomb, Inc.                                         | Bausch & Lomb, Inc.                                         | CUSIP: 071707AG8<br>LEI: 549300JPRACCHT4C0232 | Long             | DBT              | CORP              | US        |    600000 | PA      | $579000.00    | 0.04%             | 2028-08-01      | Fixed         | 7.12%                 | No            |                  3 | On Loan: No      |
| PPG Industries, Inc.                                        | PPG Industries, Inc.                                        | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    154630 | NS      | $16833021.80  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                    | U.S. Treasury Bills                                         | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $9824949.10   | 0.71%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NOV, Inc.                                                   | NOV, Inc.                                                   | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |   1034361 | NS      | $12008931.21  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                                        | Analog Devices, Inc.                                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     92129 | NS      | $17957784.68  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                                             | Schlumberger NV                                             | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    486530 | NS      | $16177122.50  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                                       | Colgate-Palmolive Co.                                       | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    365303 | NS      | $33677283.57  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                               | Chevron Corp.                                               | CUSIP: 16677JSV9<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1100000 | PA      | $1096180.25   | 0.08%             | 2025-05-29      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                           | Enterprise Products Operating LLC, Series E                 | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2515092.32   | 0.18%             | 2077-08-16      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances, Inc.                    | International Flavors & Fragrances, Inc.                    | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |    106309 | NS      | $8341004.14   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan U.S. Government Money Market Fund                 | JP Morgan U.S. Government Money Market Fund, Capital Shares | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   3716012 | NS      | $3716012.47   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                               | Entergy Corp.                                               | CUSIP: 29366ES15<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | STIV             | CORP              | US        |   2152000 | PA      | $2151727.77   | 0.16%             | 2025-05-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| RPM International, Inc.                                     | RPM International, Inc.                                     | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |      7729 | NS      | $825070.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Finance II LLC                                        | Noble Finance II LLC                                        | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2596290.89   | 0.19%             | 2030-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Honeywell International, Inc.                               | Honeywell International, Inc.                               | CUSIP: 43851TTB2<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | STIV             | CORP              | US        |  12000000 | PA      | $11939268.00  | 0.87%             | 2025-06-11      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Walt Disney Co. (The)                                       | Walt Disney Co. (The)                                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     93652 | NS      | $8517649.40   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                               | PepsiCo, Inc.                                               | CUSIP: 71344TUU4<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | STIV             | CORP              | US        |  13000000 | PA      | $12861813.90  | 0.93%             | 2025-07-28      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                    | U.S. Treasury Bills                                         | CUSIP: 912797LB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  15000000 | PA      | $14975412.45  | 1.09%             | 2025-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                             | Microsoft Corp.                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     22886 | NS      | $9045920.36   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK, Inc.                                                 | ONEOK, Inc.                                                 | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    118156 | NS      | $9707696.96   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                         | Bank of New York Mellon Corp. (The)                         | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    502349 | NS      | $40393883.09  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises, Inc.                                  | Ferguson Enterprises, Inc.                                  | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     15912 | NS      | $2699629.92   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, Inc.                                                   | BXP, Inc.                                                   | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |    102688 | NS      | $6544306.24   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare, Inc.                                        | HCA Healthcare, Inc.                                        | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |    147442 | NS      | $50879285.36  | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                                          | Equity Residential                                          | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    296839 | NS      | $20855908.14  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health, Inc.                                       | Elevance Health, Inc.                                       | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    102027 | NS      | $42910515.66  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Roller Bearing Co. of America, Inc.                         | Roller Bearing Co. of America, Inc.                         | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1413419.96   | 0.10%             | 2029-10-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                            | CVS Health Corp.                                            | CUSIP: 12665JS18<br>LEI: 549300EJG376EN5NQE29 | Long             | STIV             | CORP              | US        |   4966000 | PA      | $4965335.55   | 0.36%             | 2025-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Gold bullion                                                | Gold bullion                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | COMM             |  | US        |     54304 | OU      | $178870454.37 | 12.97%            |  |  |  | No            |                  2 | On Loan: No      |
| Douglas Emmett, Inc.                                        | Douglas Emmett, Inc.                                        | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    359380 | NS      | $4970225.40   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                                    | Berkshire Hathaway, Inc., Class A                           | CUSIP: 084670108<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |        32 | NS      | $25617280.00  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                                | Charter Communications, Inc., Class A                       | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     21433 | NS      | $8398735.38   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Manufacturers & Traders Trust Co.                           | Manufacturers & Traders Trust Co.                           | CUSIP: 55279HAV2<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1204290.19   | 0.09%             | 2026-01-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                          | General Motors Financial Co., Inc.                          | CUSIP: 37046TS13<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |   7648000 | PA      | $7647021.82   | 0.55%             | 2025-05-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd.                                     | Agnico Eagle Mines Ltd.                                     | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     48620 | NS      | $5714419.41   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp.                                             | Flowserve Corp.                                             | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |    148148 | NS      | $6700734.04   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                    | U.S. Treasury Bills                                         | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   5000000 | PA      | $4943081.75   | 0.36%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                    | U.S. Treasury Bills                                         | CUSIP: 912797QF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  15000000 | PA      | $14716144.20  | 1.07%             | 2025-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Instruments, Inc.                                     | Texas Instruments, Inc.                                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    144465 | NS      | $23121623.25  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce, Inc.                                            | Salesforce, Inc.                                            | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     82462 | NS      | $22158364.02  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.                                   | Extra Space Storage, Inc.                                   | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42904 | NS      | $6286294.08   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Corp. plc                                             | Noble Corp. plc                                             | CUSIP: N/A<br>LEI: 549300I3HBUNXO0OG954       | Long             | EC               | CORP              | GB        |    375505 | NS      | $8163478.70   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** First Eagle Funds

**Signature:** Shuang Wu

**Name of Signer:** Shuang Wu

**Title:** Treasurer