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Fairholme (FAIRX)

39.49 Up 0.22(0.56%) Apr 16
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Profile as of Mar 30, 2014Get Profile for:
Fairholme Funds Inc4400 Biscayne Boulevard, 9th FloorMiami, FL 33137
Phone: 866-202-2263
Fund Overview 
Category:Large Value
Fund Family:Fairholme
Net Assets:8.50B
Year-to-Date Return:3.44%
Morningstar Rating:3 stars
Fund Inception Date:Dec 29, 1999
Morningstar Style Box 
Large Value
[View Category Definition]
View Top Large Value Funds
About the Morningstar Style Box
Management Information 
Bruce R. Berkowitz
Lead Manager since Dec 29, 1999
Bruce R. Berkowitz is the Founder, Managing Member and Chief Investment Officer of Fairholme Capital Management and President and a Director of Fairholme Funds, Inc. Mr. Berkowitz received a Bachelor of Arts in Economics from the University of Massachusetts at Amherst in 1980.
Investment Information 
Min Initial Investment:10,000
Min Initial Investment, IRA:10,000
Min Initial Investment, AIP:10,000
Min Subsequent Investment:1,000
Min Subsequent Investment, IRA:1,000
Min Subsequent Investment, AIP:250
FAIRX can be purchased from 89 brokerages.

Fund Summary 
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 also 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.

Fund Operations 
Last Dividend : 0.00
Last Cap Gain (Dec 26, 2013) : 0.00
Annual Holdings Turnover (Apr 15, 2014) : 15.59%
Average for Category:43.48%
Fees & Expenses 
ExpenseFAIRXCategory Avg
Annual Report Expense Ratio (net):1.01%1.15%
Prospectus Net Expense Ratio:1.02%N/A
Prospectus Gross Expense Ratio:1.02%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.38%
Max Deferred Sales Load: N/A2.35%
3 Yr Expense Projection*:325526
5 Yr Expense Projection*:563805
10 Yr Expense Projection*:1,2481,629
* Per $10,000 invested