FAIRX - Fairholme Fund

Nasdaq - Nasdaq Delayed Price. Currency in USD

Fairholme Fund

Fairholme Funds Inc

4400 Biscayne Boulevard, 9th Floor

Miami, FL 33137

866-202-2263
Management Information
Bruce R. Berkowitz,Lead Manager since December 28, 1999
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.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryLarge Value
Fund FamilyFairholme
Net Assets938.79M
YTD Return-6.96%
Yield0.90%
Morningstar Rating
Inception DateDec 28, 1999

Fund Operations

Last Dividend0.17
Last Cap Gain0.00
Holdings Turnover8.05%
Average for CategoryN/A

Fees & Expenses

ExpenseFAIRXCategory Average
Annual Report Expense Ratio (net)1.00%0.99%
Prospectus Net Expense Ratio1.00%N/A
Prospectus Gross Expense Ratio1.00%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.35%
Max Deferred Sales LoadN/A1.43%
3 Yr Expense Projection318N/A
5 Yr Expense Projection552N/A
10 Yr Expense Projection1,225N/A