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Fairholme Focused Income

FOCIX
9.32
+0.01
+0.11%
2/5/2016
5 Years
  • Previous Close

    9.31

  • Net Assets

    204.07M

  • Yield

    4.95%

  • Front load

    None

  • Expenses

    1.00%

  • Category

    High-Yield Bond

  • Morningstar Risk

    High

  • Morningstar Rating ★★★★
Profile

Name of Issuer

Fairholme

Fund Style

Open

Fund Manager

Bruce Berkowitz

Investment Style

-

The investment seeks current income. The fund invests in a focused portfolio of cash distributing securities. To maintain maximum flexibility, the securities in which The Income Fund may invest include corporate bonds and other corporate debt securities of issuers in the U.S. and foreign countries, bank debt (including bank loans and participations), government and agency debt securities of the U.S. and foreign countries (including U.S. Treasury bills), convertible bonds and other convertible securities, and equity securities, including preferred and common stock, and interests in real estate investment trusts ("REITs"). The fund is non-diversified.

Purchase Information

Initial Purchase 25,000
Initial Purchase: IRA 25,000
Initial Purchase: AIP 25,000

Inception

1/4/2010

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