Fairholme
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.9%
1 yr return
-27.6%
3 Yr Avg Return
17.6%
5 Yr Avg Return
7.5%
Net Assets
$1.35 B
Holdings in Top 10
99.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 8.84%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$10,000
IRA
$6,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FAIRX - Profile
Distributions
- YTD Total Return 4.9%
- 3 Yr Annualized Total Return 17.6%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.25%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFairholme Fund
-
Fund Family NameFairholme
-
Inception DateDec 29, 1999
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBruce Berkowitz
Fund Description
FAIRX - Performance
Return Ranking - Trailing
Period | FAIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | -21.2% | 27.4% | 6.34% |
1 Yr | -27.6% | -61.1% | 51.5% | 97.82% |
3 Yr | 17.6%* | -22.7% | 64.3% | 12.24% |
5 Yr | 7.5%* | -17.2% | 29.8% | 8.93% |
10 Yr | -2.6%* | -16.4% | 14.3% | 93.73% |
* Annualized
Return Ranking - Calendar
Period | FAIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -20.5% | -65.1% | 38.0% | 91.38% |
2021 | 3.4% | -25.3% | 29.0% | 83.76% |
2020 | 13.7% | -8.4% | 56.7% | 2.09% |
2019 | 7.0% | -24.3% | 10.4% | 1.88% |
2018 | -5.5% | -9.4% | 21.9% | 92.04% |
Total Return Ranking - Trailing
Period | FAIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | -21.2% | 27.4% | 6.34% |
1 Yr | -27.6% | -61.1% | 61.5% | 97.87% |
3 Yr | 17.6%* | -22.7% | 64.3% | 12.68% |
5 Yr | 7.5%* | -16.2% | 32.9% | 11.54% |
10 Yr | 5.1%* | -3.7% | 21.1% | 55.94% |
* Annualized
Total Return Ranking - Calendar
Period | FAIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -20.5% | -65.1% | 38.0% | 91.38% |
2021 | 3.4% | -25.3% | 29.0% | 83.76% |
2020 | 13.7% | -8.4% | 56.7% | 2.09% |
2019 | 7.0% | -24.3% | 10.4% | 1.88% |
2018 | -5.5% | -8.9% | 21.9% | 95.15% |
NAV & Total Return History
FAIRX - Holdings
Concentration Analysis
FAIRX | Category Low | Category High | FAIRX % Rank | |
---|---|---|---|---|
Net Assets | 1.35 B | 390 K | 151 B | 39.20% |
Number of Holdings | 11 | 2 | 1727 | 99.77% |
Net Assets in Top 10 | 1.44 B | 2.1 K | 32.3 B | 17.40% |
Weighting of Top 10 | 99.20% | 5.0% | 99.2% | 0.08% |
Top 10 Holdings
- The St. Joe Co 80.10%
- United States Treasury Bills 1.52% 5.32%
- Berkshire Hathaway Inc Class B 5.05%
- Fannie Mae Pfd Shs Ser S 3.89%
- United States Treasury Bills 0.07% 3.86%
- United States Treasury Bills 0.015% 3.79%
- United States Treasury Bills 0.02% 3.79%
- United States Treasury Bills 0.08501% 3.71%
- United States Treasury Bills 0.04252% 3.44%
- United States Treasury Bills 0.12007% 3.44%
Asset Allocation
Weighting | Return Low | Return High | FAIRX % Rank | |
---|---|---|---|---|
Stocks | 88.47% | 28.02% | 125.26% | 96.52% |
Bonds | 5.15% | 0.00% | 80.18% | 2.09% |
Cash | 4.72% | -88.20% | 71.98% | 10.75% |
Preferred Stocks | 1.67% | 0.00% | 19.30% | 2.55% |
Other | 0.00% | -2.02% | 26.80% | 52.20% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 53.44% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FAIRX % Rank | |
---|---|---|---|---|
Real Estate | 90.54% | 0.00% | 90.54% | 0.08% |
Basic Materials | 4.78% | 0.00% | 21.69% | 22.52% |
Energy | 3.57% | 0.00% | 54.00% | 86.02% |
Technology | 1.11% | 0.00% | 54.02% | 98.60% |
Utilities | 0.00% | 0.00% | 27.04% | 93.71% |
Industrials | 0.00% | 0.00% | 42.76% | 99.77% |
Healthcare | 0.00% | 0.00% | 30.77% | 99.38% |
Financial Services | 0.00% | 0.00% | 58.05% | 99.84% |
Communication Services | 0.00% | 0.00% | 26.58% | 98.45% |
Consumer Defense | 0.00% | 0.00% | 34.10% | 99.38% |
Consumer Cyclical | 0.00% | 0.00% | 22.74% | 99.22% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FAIRX % Rank | |
---|---|---|---|---|
US | 86.89% | 24.51% | 121.23% | 80.51% |
Non US | 1.58% | 0.00% | 45.02% | 70.84% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FAIRX % Rank | |
---|---|---|---|---|
Government | 44.65% | 0.00% | 100.00% | 0.84% |
Cash & Equivalents | 40.91% | 0.00% | 100.00% | 93.10% |
Corporate | 14.44% | 0.00% | 100.00% | 10.51% |
Derivative | 0.00% | 0.00% | 68.15% | 52.82% |
Securitized | 0.00% | 0.00% | 40.38% | 51.30% |
Municipal | 0.00% | 0.00% | 0.16% | 51.22% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FAIRX % Rank | |
---|---|---|---|---|
US | 5.15% | 0.00% | 63.04% | 2.09% |
Non US | 0.00% | 0.00% | 17.14% | 51.89% |
FAIRX - Expenses
Operational Fees
FAIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.00% | 0.01% | 4.02% | 34.03% |
Management Fee | 1.00% | 0.00% | 1.50% | 97.61% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | 99.72% |
Sales Fees
FAIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
FAIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 33.33% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FAIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.84% | 0.00% | 488.00% | 4.55% |
FAIRX - Distributions
Dividend Yield Analysis
FAIRX | Category Low | Category High | FAIRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 42.27% | 81.94% |
Dividend Distribution Analysis
FAIRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
FAIRX | Category Low | Category High | FAIRX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.25% | -1.51% | 4.28% | 98.18% |
Capital Gain Distribution Analysis
FAIRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2019 | $0.165 | OrdinaryDividend |
Dec 14, 2018 | $0.337 | OrdinaryDividend |
Dec 15, 2017 | $0.260 | OrdinaryDividend |
Dec 16, 2016 | $0.405 | OrdinaryDividend |
Dec 11, 2015 | $0.600 | OrdinaryDividend |
Dec 28, 2012 | $0.246 | None |
Dec 16, 2011 | $0.908 | OrdinaryDividend |
Dec 31, 2010 | $0.075 | ExtraDividend |
Dec 16, 2009 | $0.267 | OrdinaryDividend |
Aug 09, 2005 | $0.012 | OrdinaryDividend |
FAIRX - Fund Manager Analysis
Managers
Bruce Berkowitz
Start Date
Tenure
Tenure Rank
Dec 29, 1999
22.44
22.4%
Mr. Berkowitz is the President and a Director of Fairholme Capital Management. Mr. Berkowitz has been Chief Investment Officer of the firm since its inception in 1997. Mr. Berkowitz also serves as a Director and Chairman of the Board of Directors of a pooled investment vehicle for which the firm serves as the investment adviser and The St. Joe Company, which is listed on the New York Stock Exchange (“NYSE”). Mr. Berkowitz received a Bachelor of Arts in Economics from the University of Massachusetts at Amherst in 1980.Mr. Berkowitz has over 30 years of investment management experience.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 86.59 | 7.9 | 16.42 |