Mutual Fund Insights: Fairholme Fund (FAIRX)

In-depth Analysis of Fairholme (FAIRX)

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See Fairholme Fund (FAIRX) performance details as of October 31, 2009

  

Last Trade: $29.03 on 11/20/2009, Change: -0.04 (-0.14%)

  

Fund Manager - Bruce Berkowitz

Fund Manager Tenure: 9.9 years
Fundmojo Fund Grade: Mojo Master (Score: 0.85)     (What does this score mean?)

Bruce Berkowitz is the managing member and portfolio manager of Fairholme Capital Management, L.L.C. Bruce Berkowitz also serves as president and a director of the company. Bruce Berkowitz has been managing member and chief investment officer of Fairholme since its inception in 1997. Bruce Berkowitz is also a director and audit committee member of TAL International and White Mountains Insurance Group.

  

Performance	Management Fee	Turnover rate
FAIRX: 16.22% , 0.63% , 7.78% Category Average: 11.86% , -6.78% , 0.49%	FAIRX: 1.02% Category Average: 1.08%	FAIRX: YFT_NOT_APPLICA% Category Average: 78.94%

See Fairholme Fund (FAIRX) performance details as of October 31, 2009

  

 What we like about Fairholme Fund (FAIRX)

Data for Fairholme Fund (FAIRX) as of October 31, 2009

• Fairholme Fund (FAIRX) management has been with Fairholme Fund for 9.9 years
• Fairholme Fund (FAIRX) has good short-term performance (1-year return 16.22% vs 11.86% Large Blend category average)
• Fairholme Fund (FAIRX) has good mid-term performance (3-year return 0.63% vs -6.78% Large Blend category average)
• Fairholme Fund (FAIRX) has good Long-term performance (5-year return 7.78% vs 0.49% Large Blend category average)
• Fairholme Fund (FAIRX) ratio of up-years vs down years is greater than 2
• Fairholme Fund (FAIRX) has a Morningstar rating of 4 and above
• Fairholme Fund (FAIRX) has a lower management fee than its Large Blend average: 1.02% vs 1.08%
• Fairholme Fund (FAIRX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Fairholme Fund (FAIRX)

Data for Fairholme Fund (FAIRX) as of October 31, 2009

• Fairholme Fund is a focused fund with 56.83% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Fairholme Fund (FAIRX) is more volatile than its peers as it has a 3-year Standard Deviation of 25.32 that is higher than category average of 20.09

  

  

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Fairholme Fund (FAIRX) Net Asset

Track net asset change of Fairholme fund (FAIRX)

Date	Net Asset
10/2009	$9.99B
09/2009	$10.17B
08/2009	$9.99B

More historic net asset information on Fairholme Fund (FAIRX)

  

Fairholme Fund (FAIRX) Portfolio Allocation

Track portfolio allocation change of Fairholme fund (FAIRX)

Date	Cash	Stock	Bond	Other
05/2009	17.19%	73.57%	7.97%	1.26%
03/2009	0%	0%	0%	0%
02/2009	12.72%	79.46%	7.72%	0.1%

Click here to see more historic asset allocation information on Fairholme Fund (FAIRX)

  

Most Recent Top 10 Holdings in Fairholme Fund (FAIRX)

Discover what Fairholme Fund (FAIRX) manager is buying

31-May-09 PFIZER INC [14.31%] Sears Holdings Corporation [8.76%] ST JOE CO (THE) [6.72%] AMERICREDIT CP [4.98%] FOREST LABS CL A [4.64%] WELLPOINT INC. [4.26%] HERTZ GLOBAL HOLDING [3.91%] SPIRIT AEROSYSTEMS H [3.18%] LEUCADIA NATL CP [3.06%] HUMANA INC [3.01%]

31-Mar-09 Price/Earnings [0%] N/A [0%] N/A [0%] Median Market Cap [0%] N/A [0%] N/A [0%] N/A [0%]

28-Feb-09 Pfizer Inc [16.22%] Sears Holdings Corporation [7.35%] Forest Laboratories, Inc. [6.13%] WellPoint Inc [5.29%] Canadian Natural Resources Ltd. [4.9%] Northrop Grumman Corp [4.58%] Boeing Co. (The) [4.57%] St. Joe Co. (The) [4.39%] UnitedHealth Group Inc [3.95%] American Express Co. [3.69%]

Click here for Stock Holding Change Map in Fairholme Fund (FAIRX)

  

Related books and products to Fairholme Fund (FAIRX)

  

Latest News on Fairholme (FAIRX)

See what is happening with Fairholme Fund (FAIRX)

Fairholme Raises Minimum Investment (Morningstar.com) The Fund Manager of the Decade Finalists (Morningstar.com) AmeriCredit Investor Could Lighten Stake (at TheStreet.com) Berkowitz Finding Value in Select Sectors (Indie Research) See more news on Fairholme Fund (FAIRX)

  

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Financial Optimization through Technology Innovation

• Fund Mojo Score is 0.75 (A+) and above
• Fund Manager has been with the fund for more than 5 years
• Key performances (1-year, 3-year and 5-year performance) beat its category peers
• 5-year return is positive
• Initial investment requirement is less or equal to $10,000

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