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    Fairholme (FAIRX)

    34.56 Down 0.31(0.89%) Feb 26

    Profile as of Jan 30, 2015Get 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:5.69B
    Year-to-Date Return:-9.83%
    Morningstar Rating:1 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 93 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 28, 2014) : 0.00
    Annual Holdings Turnover (Feb 24, 2015) : 1.62%
    Average for Category:43.96%
    Fees & Expenses 
    ExpenseFAIRXCategory Avg
    Annual Report Expense Ratio (net):1.06%1.13%
    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/A5.40%
    Max Deferred Sales Load: N/A2.21%
    3 Yr Expense Projection*:325529
    5 Yr Expense Projection*:563824
    10 Yr Expense Projection*:1,2481,639
    * Per $10,000 invested