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Fairholme (FAIRX) Fund Ranking and Research

Ranking, Research and Recommendation of Fairholme (FAIRX) Fund

    Last Trade: $32.53 on 1/23/2015, Change: -0.25 (-0.76%)

 

Graph of Fairholme Fund (FAIRX) ManagerFund Manager - Bruce R. Berkowitz

Fund Manager Information

Fund Manager Tenure: 15.1 years
Fund Family: Fairholme
Fund Category: Large Value
Fund Performance: Dec 30, 2014
Fundmojo Fund Grade: C (Score: 0.56)     (What does this score mean?)
Honorable Mentioning: US News (2011), Money Magazine (2011),
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 Fund (FAIRX) ProfileFairholme Fund (FAIRX) Profile

Fund Profile and Description

Fairholme Fund seeks long-term growth of capital. Fairholme Fund primarily invests a focused portfolio of equity and fixed-income securities. It may invest in, and may shift frequently among, the asset classes and market sectors. The fixed-income securities in which the fund invests include U.S. corporate debt securities, non-U.S. corporate debt securities, U.S. government and agency debt securities, short-term debt obligations of foreign governments and foreign money-market instruments. It is non-diversified.

 

Fairholme (FAIRX) Fund Strength What we like about Fairholme (FAIRX) Fund

Data for Fairholme Fund (FAIRX) as of Dec 30, 2014

  • Fairholme Fund (FAIRX) management has been with Fairholme Fund for 15.1 years
  • Fairholme Fund (FAIRX) has good mid-term performance (3-year return 21.43% vs 18.64% Large Value category median performance)
  • Fairholme Fund (FAIRX) ratio of up-years vs down years is greater than 2
  • Fairholme Fund (FAIRX) has an annual stock turnover rate of 15.59% vs Large Value average of 39.78%. It is good that Fairholme management does not trade extensively for its return.
  • Fairholme Fund (FAIRX) has a lower expense ratio than its Large Value average: 1.01% vs 1.13%
  • Fairholme Fund (FAIRX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Fairholme Fund (FAIRX) Weakness What we are cautious about Fairholme (FAIRX) Fund

Data for Fairholme Fund (FAIRX) as of Dec 30, 2014

  • Fairholme Fund (FAIRX) has a less-than-ideal short-term performance (1-year return -2.72% vs 10.64% Large Value category median performance)
  • Fairholme Fund (FAIRX) has a less-than-ideal Long-term performance (5-year return 8.71% vs 13.47% Large Value category median performance)
  • Fairholme Fund (FAIRX) has a Morningstar rating of 3 and below
  • Fairholme Fund (FAIRX) is less safe compared to its Large Value peers
  • Fairholme Fund (FAIRX) is more volatile than its peers as it has a 3-year Standard Deviation of 18.09 that is higher than category average of 9.53
  • Asset base in Fairholme Fund (FAIRX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Fairholme Fund (FAIRX) performance details as of Dec 30, 2014

 

What do you think?

 

Compare Fairholme Fund (FAIRX)Compare with other top Large Value category mutual funds

Aadditional top Large Value mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Fairholme-2.72-2.7221.438.71
ALPS | WMC Value Intersection I (AMWIX)11.6611.6621.1114.62Compare
Federated MDT Stock Instl (FMSTX)14.3214.3224.3516.69Compare
Voya Russell Large Cap Value Index I (IRVIX)12.4212.4219.8814.11Compare

See top fund managers for Large Value Category Funds

 

Compare Fairholme Fund (FAIRX)Compare with Large Value category ETFs

Some Large Value ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares Morningstar Large Value Index (JKF)9.89%9.89%16.64%
SPDR Dow Jones Industrial Average (DIA)9.82%9.82%16.11%
PowerShares S&P 500 Low Volatil (SPLV)17.28%17.28%16.72%
First Trust Value Line Dividend Index (FVD)15.87%15.87%17.78%
WisdomTree Equity Income (DHS)15.19%15.19%16.79%

 

Graph of Fairholme Fund (FAIRX) Net Asset TrackingFairholme (FAIRX) Fund Net Asset

Track net asset change of Fairholme fund (FAIRX)

DateNet Asset
12/2014$6.56B
11/2014$6.79B
10/2014$7.07B
More historic net asset information on Fairholme Fund (FAIRX)

  

Graph of Fairholme Fund (FAIRX) Portfolio TrackingFairholme (FAIRX) Fund Portfolio Allocation

Track portfolio allocation change of Fairholme fund (FAIRX)

DateCashStockBondOther
08/20145.35%79.58%8.56%0%
05/20143.4%82.56%7.99%0%
02/20142.28%81.61%9.09%0%
Click here to see more historic asset allocation information on Fairholme Fund (FAIRX)

 

graph of Fairholme Fund (FAIRX) Top 10 Position TrackingTop 10 Holdings in Fairholme (FAIRX) Fund

Discover what Fairholme Fund (FAIRX) manager is buying

Aug 30, 2014
American International Group, I [40.61%]
Bank of America Corporation Com [15.4%]
Amer Intl Grp ([Wts/Rts]) [6.51%]
Fed Natl Mort Assc Pfd [6.51%]
St. Joe Company (The) Common St [5.88%]
Sears Holdings Corporation [5.8%]
Leucadia National Corporation C [3.2%]
FNMA Pfd [1.15%]
FHLMC Pfd [0.68%]

May 30, 2014
American International Group, I [42.8%]
Bank of America Corporation Com [14.4%]
Sears Holdings Corporation [6.97%]
St. Joe Company (The) Common St [6.35%]
Amer Intl Grp ([Wts/Rts]) [6.22%]
Fed Natl Mort Assc Pfd [6.05%]
FHLMC Pfd [4.28%]
Leucadia National Corporation C [3.28%]
FNMA Pfd [1.12%]

Feb 27, 2014
American International Group, I [42.58%]
Bank of America Corporation Com [15.58%]
Sears Holdings Corporation [7.34%]
Fed Natl Mort Assc Pfd [7.02%]
St. Joe Company (The) Common St [5.16%]
FHLMC Pfd [4.8%]
Amer Intl Grp ([Wts/Rts]) [4.76%]
Leucadia National Corporation C [3.62%]
FNMA Pfd [1.25%]
FANNIE MAE [1.14%]
Click here for Stock Holding Change Map in Fairholme Fund (FAIRX)

  

Latest News on Fairholme (FAIRX) Fund

See what is happening with Fairholme Fund (FAIRX)

 

Fairholme Fund (FAIRX) Related ResourcesSee more information on Fairholme (FAIRX) Fund

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