Fairholme Fund (FAIRX)

18.65
Net Asset Value
-0.05%
1 Day
-7.40%
Year-to-Date
Overall Morningstar Rating
Large value
Style or Category
No Load
Sales Expenses
1.02%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund primarily invests a focused portfolio of equity and fixed-income securities. It may invest in common and preferred stock- partnership interests- business trust shares- depository receipts- rights and warrants to subscribe for the purchase of equity securities- and interests in REITs. The fund may invest in U.S. corporate debt securities- non-U.S. corporate debt securities- bank debt- U.S. government and agency debt securities- short-term debt obligations of foreign governments and foreign money market instruments. It is non-diversified.

Performance

1 month-0.21% 3 years-1.12%
3 months+0.97% 5 years+2.18%
1 year-1.47% Since inception+9.39%
Data through --

Peer Comparisonvs. Large value

 FAIRXCategory
Performance 5-yr return+2.18%+10.32%
Expense ratio1.02%1.01%
Risk 5 year sharpe ratio0.140.91
Net assets$1.5B$2.9B
Average market cap$1.2B$99.8B
Average P/E7.916.3
Portfolio turnover7%7%

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Fund Management and Purchase Info

Fund familyFairholme
Fund manager & tenureBruce Berkowitz / 18 Years
Minimal initial investment$10,000.00
Minimum IRA investment$5,500.00

Holdings

U.S. stock32.67%
Cash30.84%
Other21.35%
Fixed income14.32%
International stock0.81%
Top 5 Sectors
Portfolio weighting
Financial service 84.19%
Industrial materials 7.39%
Consumer service 6.84%
Healthcare 0.93%
Business service 0.65%
Top 10 Holdings
Portfolio weighting
JOE St. Joe Co25.12%
FNMAS Federal National Mortgage Association10.54%
FMCKJ Federal Home Loan Mortgage Corp9.54%
-- 8.37%
SRG Seritage Growth Properties5.19%
-- 3.50%
-- 2.27%
SHLD Sears Holdings Corp1.35%
VST Vistra Energy Corp1.01%
-- 0.81%