Fairholme Fund (FAIRX)

35.83
Net Asset Value
-0.99%
1 Day
+2.14%
Year-to-Date
Overall Morningstar Rating
Large value
Style or Category
No Load
Sales Expenses
1.06%
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 include 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+2.75% 3 years+12.21%
3 months+11.65% 5 years+6.01%
1 year-2.70% Since inception+11.49%
Data through --

Peer Comparisonvs. Large value

 FAIRXCategory
Performance 5-yr return+6.01%+12.25%
Expense ratio1.06%1.15%
Risk 5 year sharpe ratio0.360.94
Net assets$5.7B$2.5B
Average market cap$44.8B$84.7B
Average P/E10.516.0
Portfolio turnover2%2%

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Fund Management and Purchase Info

Fund familyFairholme
Fund manager & tenureBruce Berkowitz / 15 Years
Minimal initial investment$10,000.00
Minimum IRA investment$10,000.00

Holdings

U.S. stock85.59%
Other7.61%
Cash5.53%
International stock1.28%
Fixed income0.00%
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
AIG AIG46.50%
BAC Bank of America20.48%
SHLD Sears Holdings Corp7.56%
JOE St. Joe Co6.34%
LUK Leucadia National Corp3.59%
FNMAS Federal National Mortgage Association3.44%
FMCKJ Federal Home Loan Mortgage Corp2.42%
-- 0.71%
FNMA Federal National Mortgage Association0.56%
-- 0.56%

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