Fairholme Focused Income (FOCIX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks current income. The fund invests in a focused portfolio of cash distributing securities. To maintain maximum flexibility, the securities in which The Income Fund may invest include corporate debt securities of issuers in the U.S. and foreign countries, bank debt (including bank loans and participations), government and agency debt securities of the U.S. and foreign countries, convertible bonds and other convertible securities, and equity securities, including preferred and common stock, and interests in real estate investment trusts ("REITs"). The fund is non-diversified.


1 month+0.30% 3 years+8.54%
3 months-0.73% 5 years+7.86%
1 year-5.23% Since inception+7.84%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+7.86%+7.86%
Expense ratio1.01%1.12%
Risk 5 year sharpe ratio--1.24
Net assets$208.6M$1.4B
Average market cap$128.0B$12.8B
Average P/E6.720.2
Portfolio turnover43%43%

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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


Fixed income50.04%
International stock1.04%
U.S. stock1.02%
Top 5 Sectors
Portfolio weighting
Telecommunication 44.36%
Financial service 42.07%
Energy 13.57%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
-- Sears Hldgs 6.625%26.30%
-- Imperial Metals Corp New 144A 7%9.95%
-- Ally Finl Pfd 144A3.97%
BMLPRL Bk Amer Pfd3.29%
CHKDG Chesapeake Engy Pfd2.59%
VOD Vodafone Group PLC ADR1.04%
T AT&T Inc1.02%
BMLPRJ Bk Amer Pfd0.74%

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