The Fairholme Fund Announces Dividend
Today the Fairholme Fund (FAIRX) distributed $2.00347 per share. Ordinary Income Dividends and Capital Gain Distributions were paid on December 16, 2010 to shareholders of record as of December 15, 2010. The Fairholme Fund’s NAV was reduced by the amount of the distribution. The unaudited year-to-date performance of the Fund is +19.79%.
The Record, Ex-Dividend, Payable Dates, Dollars-Per-Share, and Reinvestment NAV are as follows:
|THE FAIRHOLME FUND|
|Distribution Type||Record Date||Ex-Dividend Date||Payable Date||Dollars-Per-Share||Reinvestment NAV|
|Ordinary Income||December 15, 2010||December 16, 2010||December 16, 2010||$0.31313||$34.04|
|Long-Term Capital Gains||December 15, 2010||December 16, 2010||December 16, 2010||$1.69034||$34.04|
Please refer to the prospectus for important information about the investment company including investment objectives, risks, charges and expenses. Click here for a current prospectus. For further information, please visit www.fairholmefunds.com .Performance information quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted herein. The Fairholme Fund imposes a 2.00% redemption fee on shares held less than 60 days. Performance data does not reflect the redemption fee. If reflected, total returns would be reduced. Investing in the Fund involves risk including loss of principal. The Fund is non-diversified, which means that the Fund invests in a smaller number of securities when compared to more diversified funds. Therefore, the Fund is exposed to greater individual stock volatility than a diversified fund. The Fund also invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund may also invest in “special situations” to achieve its objectives. These strategies may involve greater risks than other fund strategies.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV