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Fairholme (FAIRX) Fund Ranking and Research

Ranking, Research and Recommendation of Fairholme (FAIRX) Fund

    Last Trade: $35.50 on 10/17/2014, Change: +0.57 (1.63%)

 

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

Fund Manager Information

Fund Manager Tenure: 14.8 years
Fund Family: Fairholme
Fund Category: Large Value
Fund Performance: Sep 29, 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 Sep 29, 2014

  • Fairholme Fund (FAIRX) management has been with Fairholme Fund for 14.8 years
  • Fairholme Fund (FAIRX) has good mid-term performance (3-year return 23.63% vs 21.66% 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 34.98%. 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 Sep 29, 2014

  • Fairholme Fund (FAIRX) has a less-than-ideal short-term performance (1-year return 9.99% vs 16.48% Large Value category median performance)
  • Fairholme Fund (FAIRX) has a less-than-ideal Long-term performance (5-year return 11.63% vs 13.75% 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 19.82 that is higher than category average of 12.08
See Fairholme Fund (FAIRX) performance details as of Sep 29, 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
Fairholme2.559.9923.6311.63
Federated MDT Stock Instl (FMSTX)9.3822.7728.6116.72Compare
VY Invesco Comstock I (IVKIX)7.1218.6824.6015.41Compare
LWAS/DFA US High Book To Market (DFBMX)7.1220.3427.7017.20Compare

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
Guggenheim Multi-Asset Income (CVY)1.86%7.75%15.16%
Grail American Beacon Large Value ETF (GVT)11.90%20.45%24.79%
PowerShares Dynamic Large Cap Value (PWV)8.62%19.87%23.80%
RevenueShares Large Cap (RWL)6.72%19.51%24.59%
Vanguard Mega Cap 300 Value Index ETF (MGV)8.45%19.39%22.74%

 

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

Track net asset change of Fairholme fund (FAIRX)

DateNet Asset
09/2014$8.53B
08/2014$8.53B
07/2014$8.38B
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
05/20143.4%82.56%7.99%0%
02/20142.28%81.61%9.09%0%
11/20137.11%82.21%6%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

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%]

Nov 29, 2013
American International Group, I [41.97%]
Bank of America Corporation Com [14.7%]
Sears Holdings Corporation [10.28%]
Amer Intl Grp ([Wts/Rts]) [5.09%]
Fed Natl Mort Assc Pfd [4.68%]
St. Joe Company (The) Common St [4.67%]
Leucadia National Corporation C [3.99%]
FHLMC Pfd [3.22%]
FNMA Pfd [0.88%]
FANNIE MAE [0.62%]
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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