Fairholme Allocation Fund (FAAFX)

13.42
Net Asset Value
-0.15%
1 Day
-1.47%
Year-to-Date
Overall Morningstar Rating
Mid-cap value
Style or Category
No Load
Sales Expenses
1.02%
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-4.62% 3 years+21.24%
3 months-7.70% 5 years--
1 year+6.93% Since inception+9.96%
Data through --

Peer Comparisonvs. Mid-cap value

 FAAFXCategory
Performance 5-yr return--+20.46%
Expense ratio1.02%1.27%
Risk 5 year sharpe ratio--1.10
Net assets$361.2M$1.9B
Average market cap$8.6B$8.7B
Average P/E--17.7
Portfolio turnover36%36%

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Fund Management and Purchase Info

Fund familyFairholme
Fund manager & tenureBruce Berkowitz / 3 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

U.S. stock62.08%
Cash15.22%
Fixed income8.55%
Other8.19%
International stock5.95%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AIG American International Group Inc11.28%
-- Bk Amer ([Wts/Rts])10.65%
SHLD Sears Holdings Corp10.00%
FMCKJ FHLMC Pfd8.55%
FNMAS Fed Natl Mort Assc Pfd8.19%
-- Wells Fargo & Co New ([Wts/Rts])6.94%
-- Imperial Metals Corp5.95%
GNW Genworth Financial Inc4.31%
LUK Leucadia National Corp3.68%
-- Hartford Finl Svcs Grp ([Wts/Rts])3.68%

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