Address And Details
|83 General Warren Blvd, Ste. 170 , Malvern, PA 19355|
|Fund Manager||Bruce Berkowitz|
|Manager Tenure||10 Years 11 Months|
Strategy And Objective
The Allocation Fund seeks long-term total return. The Allocation Fund seeks longterm total return from capital appreciation and income. Fairholme Capital Management, L.L.C. (the Manager ), the investmentadviser to The Allocation Fund, attempts, under normal circumstances, to achieve The Allocation Fund s investment objective by investing opportunistically in a focused portfolio of investments in the equity, fixedincome and cash and cashequivalent asset classes. The proportion of The Allocation Fund s portfolio investedin each asset class will vary from time to time based on the Manager s assessment of relative fundamental values of securities and other investments in the class, the attractiveness of investment opportunities within each asset class, general market and economic conditions, and expected future returns of investments. The Allocation Fund may invest in any, all or none of the targeted asset classes at any given time. There is no limitation on the amount of The Allocation Fund sportfolio that may be allocated to any one of these asset classes. The Allocation Fund may maintain a significant portion of its assets in cash and cash-equivalent securities and investments. In certain market conditions, the Manager may determine that it is appropriate for The Allocation Fund to hold a significant cash position for an extended period of time.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||61.78 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$6000|
|Timeframe||Average Annual Current Performance Monthly As Of 11/30/2021||Average Annual Current Performance Quarterly As Of 09/30/2021||Avg Annual Current Performance Monthly As Of 11/30/2021||Avg Annual Current Performance Quarterly As Of 09/30/2021|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|ET||ENERGY TRANSFER LP||5.35%|
|FREpO||FEDERAL HOME LOAN MORTGAGE||4.69%|
|WES||WESTERN MIDSTREAM PARTNERS L||4.66%|
|31358675||FEDERAL NATIONAL MORTGAGE ASS||4.46%|
|KMI||KINDER MORGAN INC||3.61%|
|JOE||THE ST JOE CO||25.69%|
|III.TO||IMPERIALS METALS CORP||14.51%|
|TRP||TC ENERGY CORPORATION||0.98%|
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