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Fairholme Allocation Fund (FAAFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term total return. The fund invests opportunistically in a focused portfolio of investments in the equity- fixed-income and cash and cash-equivalent asset classes. It may invest in any- all or none of the targeted asset classes at any given time. There is no limitation on the amount of the fund's portfolio that may be allocated to any one of these asset classes. It may maintain a significant portion of its assets in cash and cash-equivalent securities and investments. The fund is non-diversified.


1 month+4.25% 3 years-3.67%
3 months-4.76% 5 years+2.71%
1 year-15.47% Since inception+0.78%
Data through --

Peer Comparisonvs. Allocation--50% to 70% equity

Performance 5-yr return+2.71%+7.51%
Expense ratio1.01%1.16%
Risk 5 year sharpe ratio0.211.19
Net assets$114.2M$3.0B
Average market cap$1.6B$60.3B
Average P/E--20.9
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyFairholme
Fund manager & tenureBruce Berkowitz / 6 Years
Minimal initial investment$10,000.00
Minimum IRA investment$5,500.00


U.S. stock36.97%
Fixed income7.57%
International stock4.72%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
SRG Seritage Growth Properties24.92%
FNMAS Federal National Mortgage Association14.89%
FMCKJ Federal Home Loan Mortgage Corp13.53%
SHLD Sears Holdings Corp7.58%
-- 4.33%
-- 3.63%
-- 3.01%
-- 2.77%
LE Lands End Inc1.19%
-- 1.17%