14.07 Up +0.03 +0.21%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 14.04
Category Mid-Cap Value
Net Assets 361.17 Mil
Yield 0.00%
Morningstar Risk High
Morningstar Return Above Average
  • Last NAV update 8/29/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks long-term total return. The fund invests opportunistically in a focused portfolio of investments in the equity, fixed-income and cash and cash-equivalent asset classes. It 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 fund's portfolio that may be allocated to any one of these asset classes. It may maintain a significant portion of its assets in cash and cash-equivalent securities and investments. The fund is non-diversified.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return NA -14.00% 9.55% 45.51% 3.30%
Value ($) NA NA NA NA NA
  • Year to date performance as of 8/29/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Fairholme
Fund Manager Bruce Berkowitz
Tenure (Years) 4
Fund Status Closed
Minimum Initial Purchase 25,000.00
Minimum IRA Investment 25,000.00
Front Load 0.00
Expense Ratio 1.00%
PERFORMANCE
Symbol Value ($)
1 Month -3.70%
3 Months -1.68%
1 Year 22.24%
3 Years* 20.03%
5 Years* NA
  • * Annualized returns
  • Performance as of 8/29/2014 12:00 AM ET
PEER COMPARISON
  FAAFX Mid-Cap Value
5-Yr Return NA 16.92%
Sharpe Ratio 0.97 1.44
Net Assets 361.17 Mil 403.55 Mil
Avg Market Cap 8.64 Bil 8.65 Bil
Avg P/E 13.94 17.01
Portfolio Turnover 36 71
HOLDINGS
Symbol Value ($)
Stocks 76.23%
Cash 15.22%
Fixed Income 8.55%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
American International Group Inc 11.28%
Bk Amer ([Wts/Rts]) 10.65%
Sears Holdings Corp 10.00%
FHLMC Pfd 8.55%
Fed Natl Mort Assc Pfd 8.19%
Wells Fargo & Co New ([Wts/Rts]) 6.94%
Imperial Metals Corp 5.95%
Genworth Financial Inc 4.31%
Leucadia National Corp 3.68%
Hartford Finl Svcs Grp ([Wts/Rts]) 3.68%
DATA PROVIDERS

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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

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