FAIRX: Fairholme Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.
Not interested

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Fairholme

FAIRX - Snapshot

Vitals

  • YTD Return -1.2%
  • 3 Yr Annualized Return 14.2%
  • 5 Yr Annualized Return 12.0%
  • Net Assets $1.44 B
  • Holdings in Top 10 98.7%

52 WEEK LOW AND HIGH

$29.14
$15.61
$31.96

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.00%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 8.05%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $10,000
  • IRA $6,000

Fund Classification

Compare FAIRX to Popular U.S. Large-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Value Index Fund

Fund

$47.53

+0.02%

$96.87 B

-

$0.00

2.37%

0.17%

Vanguard Value Index Fund

VTV | ETF

$121.82

0.00%

$96.87 B

1.90%

$2.32

2.09%

0.04%

Dodge & Cox Stock Fund

Fund

$200.06

-0.54%

$70.67 B

1.67%

$3.36

3.89%

0.52%

American Funds American Mutual Fund®

Fund

$45.56

+0.46%

$69.14 B

1.81%

$0.82

2.13%

0.60%

MFS Value Fund

Fund

$45.35

+0.07%

$54.23 B

1.02%

$0.46

1.11%

0.83%

FAIRX - Profile

Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return 14.2%
  • 5 Yr Annualized Total Return 12.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.86%
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 Berkowitz

Fund Description

Under normal circumstances, to achieve the fund's investment objective by investing in 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.

FAIRX - Performance

Return Ranking - Trailing

Period FAIRX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -13.6% 9.7% 99.67%
1 Yr 46.9% -22.6% 49.5% 0.16%
3 Yr 14.2%* -4.7% 15.3% 0.17%
5 Yr 12.0%* -0.5% 17.1% 7.50%
10 Yr 6.6%* -0.5% 13.2% 98.00%

* Annualized

Return Ranking - Calendar

Period FAIRX Return Category Return Low Category Return High Rank in Category (%)
2020 46.9% -26.7% 285.0% 0.75%
2019 31.0% -32.1% 76.3% 1.13%
2018 -24.8% -62.4% 16.7% 91.63%
2017 -7.2% -72.0% 37.9% 97.32%
2016 17.3% -61.4% 31.0% 6.39%

Total Return Ranking - Trailing

Period FAIRX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -13.6% 9.7% 99.67%
1 Yr 46.9% -22.6% 49.5% 0.17%
3 Yr 14.2%* -5.5% 15.3% 0.17%
5 Yr 12.0%* -0.9% 17.1% 6.88%
10 Yr 6.6%* -0.7% 13.2% 98.00%

* Annualized

Total Return Ranking - Calendar

Period FAIRX Return Category Return Low Category Return High Rank in Category (%)
2020 46.9% -26.7% 285.0% 0.75%
2019 31.0% -32.1% 76.3% 1.13%
2018 -24.8% -37.1% 18.2% 95.46%
2017 -5.9% -9.5% 37.9% 99.23%
2016 25.6% -27.9% 32.2% 1.93%

NAV & Total Return History

FAIRX - Holdings

Concentration Analysis

FAIRX Category Low Category High FAIRX % Rank
Net Assets 1.44 B 377 K 96.9 B 33.20%
Number of Holdings 13 1 1634 99.27%
Net Assets in Top 10 1.04 B 68.9 K 23.3 B 18.29%
Weighting of Top 10 98.70% 5.6% 100.0% 0.17%

Top 10 Holdings

  1. The St. Joe Co 48.74%
  2. Fidelity® Inv MM Fds Treasury I 15.89%
  3. Federal Home Loan Mortgage Corp 8 3/8 % Fxd-to-Fltng Non-Cum Perp Pfd Shs 7.87%
  4. Fannie Mae Pfd Shs Ser S 7.70%
  5. United States Treasury Bills 1.52% 5.32%
  6. Berkshire Hathaway Inc Class B 5.05%
  7. United States Treasury Bills 0.17% 4.72%
  8. United States Treasury Bills 0.07% 4.63%
  9. Imperial Metals Corp 1.65%
  10. United States Treasury Bills 0.09% 1.38%

Asset Allocation

Weighting Return Low Return High FAIRX % Rank
Stocks 		55.44% 51.79% 145.54% 99.92%
Cash 		17.19% -45.53% 32.51% 0.65%
Preferred Stocks 		15.56% 0.00% 18.13% 0.57%
Bonds 		11.81% 0.00% 39.80% 0.90%
Other 		0.00% -1.32% 26.80% 73.71%
Convertible Bonds 		0.00% 0.00% 7.55% 74.29%

Stock Sector Breakdown

Weighting Return Low Return High FAIRX % Rank
Real Estate 		87.91% 0.00% 87.91% 0.08%
Financial Services 		9.11% 0.00% 56.14% 95.73%
Basic Materials 		2.97% 0.00% 23.75% 60.79%
Utilities 		0.00% 0.00% 40.33% 96.80%
Technology 		0.00% 0.00% 54.02% 100.00%
Industrials 		0.00% 0.00% 46.99% 100.00%
Healthcare 		0.00% 0.00% 30.11% 99.84%
Energy 		0.00% 0.00% 27.96% 98.93%
Communication Services 		0.00% 0.00% 22.26% 99.51%
Consumer Defense 		0.00% 0.00% 30.04% 99.84%
Consumer Cyclical 		0.00% 0.00% 29.03% 99.43%

Stock Geographic Breakdown

Weighting Return Low Return High FAIRX % Rank
US 		53.79% 26.40% 144.10% 99.67%
Non US 		1.65% -0.05% 38.52% 71.10%

Bond Sector Breakdown

Weighting Return Low Return High FAIRX % Rank
Cash & Equivalents 		38.64% 0.00% 100.00% 91.86%
Corporate 		34.88% 0.00% 100.00% 10.33%
Government 		26.47% 0.00% 95.23% 1.26%
Derivative 		0.00% 0.00% 78.95% 74.14%
Securitized 		0.00% 0.00% 41.66% 73.97%
Municipal 		0.00% 0.00% 0.24% 73.64%

Bond Geographic Breakdown

Weighting Return Low Return High FAIRX % Rank
US 		11.81% 0.00% 168.34% 1.14%
Non US 		0.00% -168.00% 6.14% 73.22%

FAIRX - Expenses

Operational Fees

FAIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.00% 0.01% 15.68% 48.14%
Management Fee 1.00% 0.00% 1.50% 98.05%
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 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% 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% 41.89%

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 8.05% 0.00% 481.00% 2.99%

FAIRX - Distributions

Dividend Yield Analysis

FAIRX Category Low Category High FAIRX % Rank
Dividend Yield 0.00% 0.00% 3.56% 75.89%

Dividend Distribution Analysis

FAIRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

FAIRX Category Low Category High FAIRX % Rank
Net Income Ratio 0.86% -3.83% 5.26% 91.83%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FAIRX - Fund Manager Analysis

Managers

Bruce Berkowitz

Start Date

Tenure

Tenure Rank

Dec 29, 1999

21.02

21.0%

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
0.01 85.18 6.92 15.01

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.