Fairholme Allocation Fund (FAAFX)

11.78
Net Asset Value
0.00%
1 Day
+4.71%
Year-to-Date
Overall Morningstar Rating
Mid-cap value
Style or Category
No Load
Sales Expenses
1.01%
Expense Ratio
High
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.

Performance

1 month+0.26% 3 years+8.69%
3 months+5.05% 5 years--
1 year-9.14% Since inception+6.56%
Data through --

Peer Comparisonvs. Mid-cap value

 FAAFXCategory
Performance 5-yr return--+15.05%
Expense ratio1.01%1.27%
Risk 5 year sharpe ratio--0.99
Net assets$376.7M$1.9B
Average market cap$13.5B$9.6B
Average P/E--18.2
Portfolio turnover33%33%

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Fund Management and Purchase Info

Fund familyFairholme
Fund manager & tenureBruce Berkowitz / 4 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

U.S. stock52.68%
Cash28.69%
Other9.13%
International stock5.05%
Fixed income4.44%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
SHLD Sears Holdings Corp18.40%
BAC Bank of America10.37%
-- 7.02%
-- 4.66%
FMCKJ Federal Home Loan Mortgage Corp4.63%
FNMAS Federal National Mortgage Association4.50%
-- 4.44%
JPM JPMorgan Chase3.79%
LUK Leucadia National Corp3.24%
AIG AIG3.20%

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