Fairholme Focused Income
(FOCIX)
US Markets Closed
AdChoices
10.80
+0.05
+0.47%
:

Previous Close

10.75

Net Assets

217.44M

Yield

1.53%

Front load

None

Expenses

1.00%

Category

High-Yield Bond

Morningstar Risk

High

Morningstar Rating ★★★★★
AdChoices
Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • FOCIX

  • Category

    • 2013

    • 29.92%

    • -

    • 2012

    • 5.19%

    • -

    • 2011

    • -0.72%

    • -

    • 2010

    • -

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 7.48%

      • 5.98%

      • 4.93%

      • Q2

      • 15.79%

      • 0.48%

      • -1.37%

      • Q3

      • 0.94%

      • 3.50%

      • -9.41%

      • Q4

      • 3.41%

      • -4.55%

      • 5.90%

      Composition
      Sector Weightings
      Equity Investment Style
      The two dimensions of the Fund Style box measure the average size of companies that have been in the FUND, from the top to bottom, and the average valuation characteristics of the FUND's past stock holdings, from left to right.
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Sears Hldgs 6.625%

        • 25.73

        • 64,574,000

        • 5,514,000

        • US Treasury Bill

        • 15.16

        • 35,000,000

        • 0

        • US Treasury Bill

        • 15.15

        • 35,000,000

        • 35,000,000

        • FNMA Pfd

        • 9.35

        • 1,167,500

        • 0

        • FHLMC Pfd

        • 6.54

        • 1,629,724

        • 0

        • US Treasury Bill

        • 4.33

        • 10,000,000

        • 0

        • US Treasury Bill

        • 4.33

        • 10,000,000

        • 0

        • Bk Amer Pfd

        • 2.91

        • 312,500

        • 312,500

        • Mercury General Corp

        • 1.09

        • 53,600

        • 53,600

        • Vodafone Group PLC ADR

        • 1.08

        • 71,000

        • 71,000

        • Name

        • Rating

        • YTD Return %

          • Waddell & Reed High-Income A LW

          • ★★★★★
          • 4.31

          • MassMutual Premier High Yield A LW

          • ★★★★★
          • 5.03

          • Loomis Sayles High Income Opps Instl

          • ★★★★★
          • 5.69

          • SEI High Yield Bond A (SIIT)

          • ★★★★★
          • 2.05

          • JHancock Focused High Yield I

          • ★★★★★
          • 3.20

          • USAA High Income Institutional

          • ★★★★★
          • 5.51

          • Hotchkis & Wiley High Yield A LW

          • ★★★★★
          • 2.74

          • JHancock Core High Yield I

          • ★★★★★
          • 4.51

          • JHancock Core High Yield A Load Waived

          • ★★★★★
          • 4.39

          • MassMutual Premier High Yield Svc

          • ★★★★★
          • 5.27

          • Name

          • FOCIX

          • Category

            • Expense Ratio

            • 1.00%

            • 1.09%

            • Net Assets

            • 217.44M

            • 449.28M

            • Dividend Yield

            • 6.53%

            • 1.21

            • Price/Book

            • 1.07

            • 1.54

            • Price/Sales

            • 1.14

            • 0.70

            • Price/Cash Flow

            • 6.38

            • 3.98

            Profile

            Name of Issuer

            Fairholme

            Fund Style

            Open

            Fund Manager

            Bruce Berkowitz

            Investment Style

            Large Value

            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 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, 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
            Front load None
            Back Load None

            Inception

            1/4/2010