See what your fund actually adds
First Eagle Core Plus Municipal Fund Class A FPMAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FPMAX | Replication |
|---|---|---|
| Annualized growth | 1.5% | -2.6% |
| Annualized volatility | 3.4% | 3.4% |
| Sharpe ratio | 0.44 | -0.75 |
| Maximum drawdown | 4.7% | 4.6% |
| Replication fit (R²) | 0.91 · Tracking error 1.0% | |
Replication portfolio
The published portfolio below is the investable basket used to model FPMAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 82.4% |
| VCSH | FI · Short Corp | 14.5% |
| SPHY | FI · High Yield | 3.1% |