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Fairholme Focused Income

FOCIX
10.77
+0.03
+0.30%
9/30/2016
5 Years
  • Previous Close

    10.74

  • Net Assets

    209.12M

  • Yield

    4.79%

  • 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 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 of issuers in the U.S. and foreign countries, and interests in REITs. The fund is non-diversified.

Purchase Information

Initial Purchase 10,000
Initial Purchase: IRA 5,500
Initial Purchase: AIP 10,000

Inception

12/31/2009

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