Address And Details
83 General Warren Blvd, Ste. 170 , Malvern, PA 19355 | |
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Fund Manager | Bruce R. Berkowitz |
Manager Tenure | 22 Years 5 Months |
Strategy And Objective
The Fairholme Fund s investment objective is long-term growth of capital. Fairholme Capital Management, L.L.C. (the Manager ), the investment adviser to The Fairholme Fund, attempts, under normal circumstances, to achieve The Fairholme Fund s investment objective by investing in a focused portfolio of equity and fixed-income securities. The proportion of The Fairholme Fund s assets invested in each type of asset class will vary from time to time based upon the Manager s assessment of general market and economic conditions. The Fairholme Fund may invest in, and may shift frequently among, asset classes and market sectors. The equity securities in which The Fairholme Fund may invest include common and preferred stock (including convertible preferred stock), partnership interests, business trust shares, depository receipts, rights and warrants to subscribe for the purchase of equity securities, and interests in real estate investment trusts ( REITs ).
Equity Sector Breakdown
IndustrialCyclical | 76.70% | |
RetailTrade | 2.71% | |
Finance | 2.70% | |
Energy | 2.31% | |
NonDurables | 1.47% | |
Technology | 1.08% | |
Utilities | 0.37% | |
ConsumerDurables | n/a | |
Health | n/a | |
Services | n/a |
Asset Allocation
Asset Type | % Of Allocation | |
---|---|---|
Stocks | 84.63% | |
Preferred | 2.70% | |
ForeignStocks | 1.47% | |
Other | 0.06% | |
Cash | 0.00% | |
Bonds | 0.00% | |
Convertible | 0.00% | |
ForeignBonds | 0.00% | |
ForeignHedged | 0.00% |
Total Net Assets | 1.35 B |
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Risk Measures
Criteria | 3 Years | 5 Years | 10 Years |
---|---|---|---|
Alpha | 10.71 | 0.78 | -1.17 |
Beta | 0.77 | 0.75 | 0.87 |
R Squared | 0.34 | 0.32 | 0.31 |
Std Deviation | 24.70 | 21.79 | 21.45 |
Sharpe Ratio | 0.94 | 0.51 | n/a |
Purchase Information
as of 5:01 PM ET 05/20/2022Minimum Initial | $10000 |
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Minimum Additional | $1000 |
Minimum Initial IRA | $6000 |
Performance
Timeframe | Average Annual Current Performance Monthly As Of 04/30/2022 | Average Annual Current Performance Quarterly As Of 03/31/2022 | Avg Annual Current Performance Monthly As Of 04/30/2022 | Avg Annual Current Performance Quarterly As Of 03/31/2022 |
---|---|---|---|---|
1 Year |
|
|
+8.10% | +24.57% |
3 Year |
|
|
+20.44% | +24.88% |
10 Year |
|
|
+9.03% | +9.84% |
Life Of Fund |
|
|
+10.46% | +10.92% |
Top 10 Holdings
Symbol | Company Name | % Of Assets |
---|---|---|
JOE | THE ST JOE CO | 76.70% |
EPD | ENTERPRISE PRODS PARTNERS L P | 2.31% |
CMC | COMMERCIAL METALS CO | 2.29% |
USTB | TOTAL*US TREASURY BILLS | 10.75% |
CASH | TOTAL*MONEY MARKET | 1.86% |
IMB.L | IMPERIAL BRANDS PLC | 1.47% |
FREpO | FEDERAL HOME LOAN MORTGAGE | 1.43% |
31358675 | FEDERAL NATIONAL MORTGAGE ASS | 1.27% |
INTC | INTEL CORP | 1.08% |
ET | ENERGY TRANSFER LP | 0.41% |