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Fairholme (FAIRX) Fund Ranking and Research

Ranking, Research and Recommendation of Fairholme (FAIRX) Fund

    Last Trade: $19.42 on 7/29/2016, Change: +0.13 (0.67%)

 

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

Fund Manager Information

Fund Manager Tenure: 16.6 years
Fund Family: Fairholme
Fund Category: Large Value
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.41)     (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 May 30, 2016

  • Fairholme Fund (FAIRX) management has been with Fairholme Fund for 16.6 years
  • Fairholme Fund (FAIRX) ratio of up-years vs down years is greater than 2
  • Asset base in Fairholme Fund (FAIRX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Fairholme Fund (FAIRX) has an annual stock turnover rate of 40.46% vs Large Value average of 44.24%. 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 May 30, 2016

  • Fairholme Fund (FAIRX) has a less-than-ideal short-term performance (1-year return -10.64% vs -2.36% Large Value category median performance)
  • Fairholme Fund (FAIRX) has a less-than-ideal mid-term performance (3-year return -0.46% vs 7.81% Large Value category median performance)
  • Fairholme Fund (FAIRX) has a less-than-ideal Long-term performance (5-year return 3.38% vs 9.15% 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 -10.71 is worse than category average of -2.66, and its 3-year Sharpe ratio is 0.05
  • Fairholme Fund (FAIRX) is more volatile than its peers as it has a 3-year Standard Deviation of 17.23 that is higher than category average of 11.7
See Fairholme Fund (FAIRX) performance details as of May 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
Fairholme1.68-10.64-0.463.38
American Funds Washington Mutual R6 (RWMGX)4.012.339.9611.35Compare
Invesco Diversified Dividend A (LCEAX)6.815.3410.8311.26Compare
AB Growth and Income A (CABDX)2.632.169.1511.11Compare

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
Vanguard High Dividend Yield ETF (VYM)6.38%4.49%10.76%
WisdomTree Total Dividend ETF (DTD)6.26%3.08%10.25%
Schwab US Large-Cap Value ETF (SCHV)5.45%2.83%9.22%
iShares Morningstar Large-Cap Value (JKF)6.37%2.65%8.24%
WisdomTree Dividend ex-Financials ETF (DTN)8.12%2.21%9.53%

 

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

Track net asset change of Fairholme fund (FAIRX)

DateNet Asset
05/2016$2.93B
03/2016$2.80B
02/2016$2.77B
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
02/201621.87%50.37%10.43%1.05%
08/201523.89%53.33%2.97%7.22%
05/201513.72%73.3%2.2%1%
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

Feb 28, 2016
St. Joe Company (The) Common St [13.15%]
Amer Intl Grp ([Wts/Rts]) [11.83%]
Sears Holdings Corporation [9.11%]
Fed Natl Mort Assc Pfd [6.74%]
FHLMC Pfd [5.87%]
Imperial Metals Corp New 144A 7% [4.98%]
Sears Hldgs 8% [4.35%]
NOW Inc. Common Stock [3.79%]
Seritage Growth Properties Clas [3.22%]

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%]
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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