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Fairholme (FAIRX) Fund Ranking and Research

Ranking, Research and Recommendation of Fairholme (FAIRX) Fund

    Last Trade: $18.29 on 5/3/2016, Change: -0.37 (-1.98%)

 

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

Fund Manager Information

Fund Manager Tenure: 16.4 years
Fund Family: Fairholme
Fund Category: Large Value
Fund Performance: Mar 30, 2016
Fundmojo Fund Grade: E (Score: 0.39)     (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 Mar 30, 2016

  • Fairholme Fund (FAIRX) management has been with Fairholme Fund for 16.4 years
  • Fairholme Fund (FAIRX) ratio of up-years vs down years is greater than 2
  • Fairholme Fund (FAIRX) has an annual stock turnover rate of 40.46% vs Large Value average of 46.66%. 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: 1.03% vs 1.10%
  • 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 Mar 30, 2016

  • Fairholme Fund (FAIRX) has a less-than-ideal short-term performance (1-year return -17.08% vs -2.94% Large Value category median performance)
  • Fairholme Fund (FAIRX) has a less-than-ideal mid-term performance (3-year return -0.37% vs 8.39% Large Value category median performance)
  • Fairholme Fund (FAIRX) has a less-than-ideal Long-term performance (5-year return 0.14% vs 8.85% 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) does not have a good risk adjusted return as its 3-year Alpha of -11.9 is worse than category average of -3.13, and its 3-year Sharpe ratio is 0.06
  • Fairholme Fund (FAIRX) is more volatile than its peers as it has a 3-year Standard Deviation of 16.94 that is higher than category average of 11.69
See Fairholme Fund (FAIRX) performance details as of Mar 30, 2016

 

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-8.16-17.08-0.370.14
American Funds Washington Mutual R6 (RWMGX)1.891.7111.1311.39Compare
Federated MDT Stock Instl (FMSTX)1.70-3.5410.8211.78Compare
Franklin Equity Income Adv (FEIFX)1.340.559.249.42Compare

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
First Trust Value Line Dividend ETF (FVD)8.28%9.39%12.67%
PowerShares S&P 500 Low Volatility ETF (SPLV)5.16%8.79%11.78%
SPDR S&P Dividend ETF (SDY)9.27%8.76%12.07%
iShares Core High Dividend (HDV)7.19%8.09%9.86%
WisdomTree Equity Income ETF (DHS)7.81%7.99%10.86%

 

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

Track net asset change of Fairholme fund (FAIRX)

DateNet Asset
03/2016$2.80B
02/2016$2.77B
01/2016$2.87B
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
08/201523.89%53.33%2.97%7.22%
05/201513.72%73.3%2.2%1%
02/201513.05%75.45%1.72%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, 2015
Bank of America Corporation Com [14.47%]
Amer Intl Grp ([Wts/Rts]) [11.46%]
St. Joe Company (The) Common St [8%]
Sears Holdings Corporation [7.52%]
Fed Natl Mort Assc Pfd [5.28%]
FHLMC Pfd [4.52%]
Leucadia National Corporation C [3.66%]
CDN NATURAL RES [3.25%]
Imperial Metals Corp New 144A 7% [2.97%]
Seritage Growth Properties Clas [1.63%]

May 30, 2015
American International Group, I [19.59%]
Bank of America Corporation Com [19.16%]
Sears Holdings Corporation [10.93%]
Amer Intl Grp ([Wts/Rts]) [9.23%]
St. Joe Company (The) Common St [6.6%]
Leucadia National Corporation C [4.65%]
Fed Natl Mort Assc Pfd [4.01%]
FHLMC Pfd [3.45%]
Imperial Metals Corp New 144A 7% [2.2%]
Sears Canada Inc [1.16%]

Feb 27, 2015
American International Group, I [27.28%]
Bank of America Corporation Com [17.04%]
Sears Holdings Corporation [8.88%]
American International Group, Inc., Vested, Strike Price $45.00, Expire 01/ [8.38%]
St. Joe Company (The) Common St [6.53%]
Leucadia National Corporation C [4.16%]
Fed Natl Mort Assc Pfd [4.04%]
FHLMC Pfd [3.47%]
Imperial Metals Corp New 144A 7% [1.72%]
ProShares UltraShort Consumer S [1.04%]
Click here for Stock Holding Change Map in Fairholme Fund (FAIRX)

  

Latest News on Fairholme (FAIRX) Fund

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

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