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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

as of 5:16 PM ET 12/03/2021

Performance

  • 1 Week
  • -6.12%
  • 1 Month
  • -4.71%
  • 3 Months
  • -1.07%
  • 1 Yr Return
  • +2.85%
  • 5 Yr Return
  • -14.97%

Equity Sector Breakdown

IndustrialCyclical 45.73%
Utilities 12.37%
Finance 9.14%
RetailTrade 5.35%
ConsumerDurables n/a
Energy n/a
Health n/a
NonDurables n/a
Services n/a
Technology n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 63.45%
ForeignStocks 19.08%
Preferred 9.14%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 61.78 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -1.89 -6.33 -6.81
Beta 0.62 0.62 0.81
R Squared 0.40 0.25 0.30
Std Deviation 18.17 18.98 19.22
Sharpe Ratio 0.62 0.24 n/a

Purchase Information

as of 5:20 PM ET 12/02/2021
Minimum Initial $10000
Minimum Additional $1000
Minimum Initial IRA $6000

Performance

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
1 Year
  • +3.98%
  • +21.37%
+3.98% +21.37%
3 Year
  • +9.12%
  • +7.09%
+9.12% +7.09%
10 Year
  • +4.04%
  • +5.16%
+4.04% +5.16%
Life Of Fund
  • +1.93%
  • +1.83%
+1.93% +1.83%

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%
ENB ENBRIDGE INC 4.57%
31358675 FEDERAL NATIONAL MORTGAGE ASS 4.46%
KMI KINDER MORGAN INC 3.61%
VST VISTRA CORP 3.12%
JOE THE ST JOE CO 25.69%
III.TO IMPERIALS METALS CORP 14.51%
TRP TC ENERGY CORPORATION 0.98%

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