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Fairholme Focused Income (FOCIX) Fund Ranking and Research

Ranking, Research and Recommendation of Fairholme Focused Income (FOCIX) Fund

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Graph of Fairholme Focused Income Fund (FOCIX) ManagerFund Manager - Bruce R. Berkowitz

Fund Manager Information

Fund Manager Tenure: 10.2 years
Fund Family: Fairholme
Fund Category: High Yield Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.6)     (What does this score mean?)
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.  Get more insights on Bruce R. Berkowitz

 

Graph of Fairholme Focused Income Fund (FOCIX) ProfileFairholme Focused Income Fund (FOCIX) Profile

Fund Profile and Description

Fairholme Focused Income Fund seeks current income, other forms of cash distributions and capital preservation. Fairholme Focused Income Fund invests in a focused portfolio of cash distributing securities. It may typically invest in the securities of 15 to 50 issuers. Fairholme Focused Income Fund may invest include, but are not limited to, corporate debt securities of issuers in the U.S. and foreign countries, government and agency debt securities of the U.S. and foreign countries, bank loans and loan participations, convertible bonds and other convertible securities and equity securities, including preferred and common stock. It is non-diversified.

 

Fairholme Focused Income (FOCIX) Fund Strength What we like about Fairholme Focused Income (FOCIX) Fund

Data for Fairholme Focused Income Fund (FOCIX) as of May 30, 2016

  • Fairholme Focused Income Fund (FOCIX) management has been with Fairholme Focused Income Fund for 10.2 years
  • Fairholme Focused Income Fund (FOCIX) has good short-term performance (1-year return 0.76% vs -2.18% High Yield Bond category median performance)
  • Fairholme Focused Income Fund (FOCIX) has good mid-term performance (3-year return 2.41% vs 2.05% High Yield Bond category median performance)
  • Fairholme Focused Income Fund (FOCIX) has good Long-term performance (5-year return 6.20% vs 4.38% High Yield Bond category median performance)
  • Fairholme Focused Income Fund (FOCIX) has a Morningstar rating of 4 and above
  • Asset base in Fairholme Focused Income Fund (FOCIX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Fairholme Focused Income Fund (FOCIX) has a lower expense ratio than its High Yield Bond average: 1.00% vs 1.07%
  • Fairholme Focused Income Fund (FOCIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Fairholme Focused Income Fund (FOCIX) Weakness What we are cautious about Fairholme Focused Income (FOCIX) Fund

Data for Fairholme Focused Income Fund (FOCIX) as of May 30, 2016

  • Fairholme Focused Income Fund (FOCIX) ratio of up-years vs down years can be improved
  • Fairholme Focused Income Fund (FOCIX) has an annual stock turnover rate of 67.05% that is higher than the High Yield Bond average of 63.72%. This could mean Fairholme Focused Income is more nimble, but also signal potential high tax impact and high trading fees
  • Fairholme Focused Income Fund (FOCIX) is more volatile than its peers as it has a 3-year Standard Deviation of 11.12 that is higher than category average of 5.76
See Fairholme Focused Income Fund (FOCIX) performance details as of May 30, 2016

 

What do you think?

 

Compare Fairholme Focused Income Fund (FOCIX)Compare with other top High Yield Bond category mutual funds

Aadditional top High Yield Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Fairholme Focused Income10.380.762.416.20
Eaton Vance High Income Opportunities I (EIHIX)6.240.694.366.18Compare
BlackRock High Yield Bond BlackRock (BRHYX)5.75-2.183.175.58Compare
Buffalo High-Yield (BUFHX)2.740.753.465.03Compare

See top fund managers for High Yield Bond Category Funds

 

Compare Fairholme Focused Income Fund (FOCIX)Compare with High Yield Bond category ETFs

Some High Yield Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
PIMCO 0-5 Year High Yield Corp Bd ETF (HYS)000
SPDR Barclays High Yield Bond ETF (JNK)6.14%-4.91%1.23%
iShares iBoxx $ High Yield Corporate Bd (HYG)5.79%-2.67%2.13%

 

Graph of Fairholme Focused Income Fund (FOCIX) Net Asset TrackingFairholme Focused Income (FOCIX) Fund Net Asset

Track net asset change of Fairholme Focused Income fund (FOCIX)

DateNet Asset
05/2016$212.77M
03/2016$195.73M
02/2016$192.82M
More historic net asset information on Fairholme Focused Income Fund (FOCIX)

  

Graph of Fairholme Focused Income Fund (FOCIX) Portfolio TrackingFairholme Focused Income (FOCIX) Fund Portfolio Allocation

Track portfolio allocation change of Fairholme Focused Income fund (FOCIX)

DateCashStockBondOther
02/201633.73%7.16%48%0%
08/201525.65%9.39%50.44%0%
05/201525.5%0%58.17%1.17%
Click here to see more historic asset allocation information on Fairholme Focused Income Fund (FOCIX)

 

graph of Fairholme Focused Income Fund (FOCIX) Top 10 Position TrackingTop 10 Holdings in Fairholme Focused Income (FOCIX) Fund

Discover what Fairholme Focused Income Fund (FOCIX) manager is buying

Feb 28, 2016
Imperial Metals Corp New 144A 7% [21.71%]
Sears Hldgs 8% [10.31%]
Seritage Growth Properties Clas [7.16%]
Homefed 144A 6.5% [4.93%]
Bombardier 144A 7.5% [3.36%]
Atwood Oceanics 6.5% [3.23%]
FNMA Pfd [3.09%]
Chesapeake Engy 7.25% [2.1%]
FHLMC Pfd [1.29%]

Aug 30, 2015
Imperial Metals Corp New 144A 7% [19.85%]
Sears Hldgs 8% [18.24%]
Seritage Growth Properties Clas [5.24%]
HOMEFED CORP NEW [4.15%]
FNMA Pfd [4.01%]
Sears Hldgs 6.625% [3.11%]
Atwood Oceanics 6.5% [3.07%]
FHLMC Pfd [2.44%]
Chesapeake Engy 7.25% [2.25%]
Jefferies Fin Llc/Jfin Cp 144A 7.375% [2.03%]

May 30, 2015
Sears Hldgs 6.625% [30.44%]
Imperial Metals Corp New 144A 7% [22.4%]
FNMA Pfd [3.99%]
Ally Finl 3.5% [2.3%]
Jefferies Fin Llc/Jfin Cp 144A 7.375% [2.27%]
Ally Finl Pfd 144A [2.12%]
Chesapeake Engy Pfd [1.78%]
FHLMC Pfd [1.17%]
Click here for Stock Holding Change Map in Fairholme Focused Income Fund (FOCIX)

  

Latest News on Fairholme Focused Income (FOCIX) Fund

See what is happening with Fairholme Focused Income Fund (FOCIX)

 

Fairholme Focused Income Fund (FOCIX) Related ResourcesSee more information on Fairholme Focused Income (FOCIX) Fund

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