Mutual Fund Insights: Fairholme Fund (FAIRX)

In-depth Analysis of Fairholme Fund (FAIRX)

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See Fairholme Fund (FAIRX) performance details as of January 31, 2010

  

Last Trade: $33.52 on 3/18/2010, Change: 0.00 (0%)

Experiment our closing price forecasting tool for Fairholme Fund (FAIRX) (alpha release)

  

Fund Manager - Bruce Berkowitz

Fund Manager Tenure: 10.2 years
Fundmojo Fund Grade: Mojo Master (Score: 0.86)     (What does this score mean?)

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

  

 What we like about Fairholme Fund (FAIRX)

Data for Fairholme Fund (FAIRX) as of January 31, 2010

• Fairholme Fund (FAIRX) management has been with Fairholme Fund for 10.2 years
• Fairholme Fund (FAIRX) has good short-term performance (1-year return 51.25% vs 34.15% Large Blend category average)
• Fairholme Fund (FAIRX) has good mid-term performance (3-year return 4.32% vs -7.17% Large Blend category average)
• Fairholme Fund (FAIRX) has good Long-term performance (5-year return 9.18% vs 0.19% 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 an annual stock turnover rate of 71.09% vs Large Blend average of 80.36%. It is good that Fairholme management does not trade extensively for its return.
• Fairholme Fund (FAIRX) has a lower management fee than its Large Blend average: 1.02% vs 1.10%
• 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 January 31, 2010

• Fairholme Fund is a focused fund with 57.22% 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 25.62 that is higher than category average of 20.52

See Fairholme Fund (FAIRX) performance details as of January 31, 2010

  

  

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Fairholme Fund (FAIRX) Net Asset

Track net asset change of Fairholme fund (FAIRX)

Date	Net Asset
01/2010	$11.93B
11/2009	$9.99B
10/2009	$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
08/2009	22.42%	72.18%	3.88%	1.52%
05/2009	17.19%	73.57%	7.97%	1.26%
03/2009	0%	0%	0%	0%

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-Aug-09 PFIZER INC [12.8%] Sears Holdings Corporation [8.64%] ST JOE CO (THE) [7.32%] AMERICREDIT CP [5.5%] HERTZ GLOBAL HOLDING [4.64%] Berkshire Hathaway Inc. B [4.07%] HUMANA INC [3.93%] FOREST LABS CL A [3.9%] SPIRIT AEROSYSTEMS H [3.46%] LEUCADIA NATL CP [2.96%]

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%]

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)

The Zacks Mutual Fund Rank reveals its top 5 Growth funds: Fidelity Mid Cap Growth, Yacktman Focused, Lifetime Achievement, Van Kampen Equity Growth and Fairholme Fund (Zacks.com) Berkowitz Remarks On AIG Stake (Indie Research) Fairholme's Berkowitz Buys American International Group (Morningstar.com) Star Managers Miller, Nygren Stage Comeback (at TheStreet.com) See more news on Fairholme Fund (FAIRX)

 

Books and Resources

 

 

See more information on Fairholme Fund (FAIRX)

• Fairholme Fund Insights
• Fairholme Fund Performance Data
• Fairholme Fund News
• Fairholme Fund Score Explaination
• Fairholme Fund Manager Information
• Historic Fairholme Fund Asset Allocation Report
• Historic Fairholme Fund Top 10 Holding Tracking
• Historic Fairholme Fund Asset Under Management Tracking