FAIRX Fairholme

Fund
FAIRX

Price as of: Jun 14, 2019
$18.67 - $0.15 - 0.80%

Category
Large Cap Value Equities

Fund Company
Fairholme

FAIRX - Profile

Vitals

YTD Return 23.3%
3 Yr Annualized Return -0.2%
5 Yr Annualized Return -15.2%
Net Assets $1.15 B
Holdings in Top 10 63.6%

52 WEEK LOW AND HIGH

$18.67

$15.08

$19.20

Expenses

OPERATING RELATED FEES

Expense Ratio 1.00%

SALES FEES

Front Load N/A
Deferred Load N/A

BROKERAGE FEES

Turnover 16.29%

TRADING FEES

Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$10,000

IRA

$5,500

Investment Themes

Distributions

YTD Total Return 23.3%
3 Yr Annualized Total Return 2.5%
5 Yr Annualized Total Return -2.9%
Capital Gain Distribution Frequency Annually
Net Income Ratio 1.57%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency Annually

Fund Details

Legal Name Fairholme Fund
Fund Family Name Fairholme
Inception Date Dec 29, 1999
Shares Outstanding N/A
Share Class No Load
Currency USD
Domiciled Country United States
Manager Bruce R. Berkowitz

Fund Description

The Fairholme Fund (FAIRX) is an actively managed fund that seeks to aggressively grow investor capital. The fund invests in a variety of fixed-income securities, stocks and private-placement investments in an effort to grow capital. FAIRX uses fundamental value metrics to choose its portfolio. The fund is considered a high-conviction fund and will only own a few holdings at any given time.

With its high-conviction style, FAIRX is best suited as a satellite position in a portfolio. The fund is managed by Fairholme Capital Management, LLC.

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FAIRX - Performance

Return Ranking - Trailing

Period	FAIRX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	23.3%	N/A	N/A	N/A
1 Yr	0.3%	N/A	N/A	N/A
3 Yr	-0.2%*	N/A	N/A	N/A
5 Yr	-15.2%*	N/A	N/A	N/A
10 Yr	-2.7%*	N/A	N/A	N/A

* Annualized

Return Ranking - Calendar

Period	FAIRX Return	Category Return Low	Category Return High	Rank in Category (%)
2018	-24.8%	N/A	N/A	N/A
2017	-7.2%	N/A	N/A	N/A
2016	17.3%	N/A	N/A	N/A
2015	-47.3%	N/A	N/A	N/A
2014	-10.5%	N/A	N/A	N/A

Total Return Ranking - Trailing

Period	FAIRX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	23.3%	N/A	N/A	N/A
1 Yr	0.3%	N/A	N/A	N/A
3 Yr	2.5%*	N/A	N/A	N/A
5 Yr	-2.9%*	N/A	N/A	N/A
10 Yr	6.2%*	N/A	N/A	N/A

* Annualized

Total Return Ranking - Calendar

Period	FAIRX Return	Category Return Low	Category Return High	Rank in Category (%)
2018	-24.8%	N/A	N/A	N/A
2017	-5.9%	N/A	N/A	N/A
2016	25.6%	N/A	N/A	N/A
2015	-12.2%	N/A	N/A	N/A
2014	-2.7%	N/A	N/A	N/A

NAV & Total Return History

FAIRX - Holdings

Concentration Analysis

	FAIRX	Category Low	Category High	FAIRX % Rank
Net Assets	1.15 B	N/A	N/A	N/A
Number of Holdings	38	N/A	N/A	N/A
Net Assets in Top 10	666 M	N/A	N/A	N/A
Weighting of Top 10	63.55%	N/A	N/A	N/A

Top 10 Holdings

The St. Joe Co 33.69%

Imperial Metals Corporation 7% 8.83%

Fannie Mae Pfd Shs Ser S 8.30%

Federal Home Loan Mortgage Corp 8 3/8 % Fxd-to-Fltng Non-Cum Perp Pfd Shs 8.27%

Berkshire Hathaway Inc B 2.03%

Imperial Metals Corp 0.99%

Vista Outdoor Inc 0.82%

Sears Holdings Corporation 8% 0.62%

Asset Allocation

	Weighting	Return Low	Return High	FAIRX % Rank
Stocks	37.53%	N/A	N/A	N/A
Cash	36.45%	N/A	N/A	N/A
Preferred Stocks	16.57%	N/A	N/A	N/A
Bonds	9.45%	N/A	N/A	N/A
Other	0.00%	N/A	N/A	N/A
Convertible Bonds	0.00%	N/A	N/A	N/A

Stock Sector Breakdown

	Weighting	Return Low	Return High	FAIRX % Rank
Real Estate	33.69%	N/A	N/A	N/A
Financial Services	2.03%	N/A	N/A	N/A
Basic Materials	0.99%	N/A	N/A	N/A
Consumer Cyclical	0.82%	N/A	N/A	N/A
Utilities	0.00%	N/A	N/A	N/A
Technology	0.00%	N/A	N/A	N/A
Industrials	0.00%	N/A	N/A	N/A
Healthcare	0.00%	N/A	N/A	N/A
Energy	0.00%	N/A	N/A	N/A
Communication Services	0.00%	N/A	N/A	N/A
Consumer Defense	0.00%	N/A	N/A	N/A

Stock Geographic Breakdown

	Weighting	Return Low	Return High	FAIRX % Rank
US	36.54%	N/A	N/A	N/A
Non US	0.99%	N/A	N/A	N/A

Bond Sector Breakdown

	Weighting	Return Low	Return High	FAIRX % Rank
Corporate	26.02%	N/A	N/A	N/A
Cash & Equivalents	8.54%	N/A	N/A	N/A
Derivative	0.00%	N/A	N/A	N/A
Securitized	0.00%	N/A	N/A	N/A
Municipal	0.00%	N/A	N/A	N/A
Government	0.00%	N/A	N/A	N/A

Bond Geographic Breakdown

	Weighting	Return Low	Return High	FAIRX % Rank
Non US	8.83%	N/A	N/A	N/A
US	0.62%	N/A	N/A	N/A

FAIRX - Expenses

Operational Fees

	FAIRX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	1.00%	N/A	N/A	N/A
Management Fee	1.00%	N/A	N/A	N/A
12b-1 Fee	N/A	N/A	N/A	N/A
Administrative Fee	0.50%	N/A	N/A	N/A

Sales Fees

	FAIRX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Front Load	N/A	N/A	N/A	N/A
Deferred Load	N/A	N/A	N/A	N/A

Trading Fees

	FAIRX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Max Redemption Fee	2.00%	N/A	N/A	N/A

Turnover 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	16.29%	N/A	N/A	N/A

FAIRX - Distributions

Dividend Yield Analysis

	FAIRX	Category Low	Category High	FAIRX % Rank
Dividend Yield	0.02%	N/A	N/A	N/A

Dividend Distribution Analysis

	FAIRX	Category Low	Category High	Category Mode
Dividend Distribution Frequency	Annually

Dividend Payout History

Date	Amount
Dec 14, 2018	$0.337
Dec 15, 2017	$0.260
Dec 16, 2016	$0.405
Dec 11, 2015	$0.600
Dec 28, 2012	$0.246
Dec 16, 2011	$0.908
Dec 31, 2010	$0.075
Dec 16, 2010	$0.313
Dec 16, 2009	$0.267
Dec 17, 2008	$0.106
Dec 19, 2007	$0.214
Dec 14, 2006	$0.243
Dec 09, 2005	$0.217
Aug 09, 2005	$0.012
Dec 21, 2004	$0.060

View More History

Net Income Ratio Analysis

	FAIRX	Category Low	Category High	FAIRX % Rank
Net Income Ratio	1.57%	N/A	N/A	N/A

Capital Gain Distribution Analysis

	FAIRX	Category Low	Category High	Capital Mode
Capital Gain Distribution Frequency	Annually

FAIRX - Managers

Bruce R. Berkowitz

Manager

Start Date

Tenure

Tenure Rank

Dec 29, 1999

19.43

19.4%

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.

Tenure Analysis

Category Low

N/A

Category High

N/A

Category Average

N/A

Category Mode

N/A

FAIRX Fairholme

Profile

FAIRX - Profile

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

STANDARD (TAXABLE)

IRA

Investment Themes

CATEGORY

Distributions

Fund Details

Fund Description

Get Email Updates

Performance

FAIRX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

Holdings

FAIRX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

Bond Sector Breakdown

Bond Geographic Breakdown

Expenses

FAIRX - Expenses

Operational Fees

Sales Fees

Trading Fees

Turnover Related Fees

Distributions

FAIRX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Dividend Payout History

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Managers

FAIRX - Managers

Bruce R. Berkowitz

FAIRX - Read Next

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