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First Eagle Investments (NYSE Arca:FECM) launched two new actively managed ETFs: the First Eagle Small Cap Equity ETF (FESC) and the First Eagle Core Municipal ETF (FECM). The ETFs expand First Eagle’s active ETF platform, which surpassed $3 billion in AUM in May 2026.
FESC seeks long-term capital growth from small caps using a catalyst-driven value approach, while FECM targets federally tax-exempt income through an actively managed, primarily investment-grade municipal bond portfolio.