11.65 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 11.65
Category High Yield Bond
Net Assets 238.60 Mil
Yield 2.73%
Morningstar Risk High
Morningstar Return High
  • Last NAV update 4/22/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
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.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return NA -0.72% 5.19% 29.92% 4.61%
Value ($) NA NA NA NA NA
  • Year to date performance as of 4/22/2014 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 0.04%
3 Months 1.96%
1 Year 27.33%
3 Years* 10.29%
5 Years* NA
  • * Annualized returns
  • Performance as of 4/22/2014 12:00 AM ET
PEER COMPARISON
  FOCIX High Yield Bond
5-Yr Return NA 14.71%
Sharpe Ratio 0.77 1.43
Net Assets 238.60 Mil 449.28 Mil
Avg Market Cap NA 14.01 Bil
Avg P/E NA 15.39
Portfolio Turnover 43 81
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 62.11%
Fixed Income 37.89%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
Sears Hldgs 6.625% 22.36%
US Treasury Bill 18.25%
US Treasury Bill 14.19%
US Treasury Bill 8.11%
FNMA Pfd 7.09%
FHLMC Pfd 4.42%
US Treasury Bill 4.06%
US Treasury Bill 4.06%
US Treasury Bill 4.05%
US Treasury Bill 4.05%
DATA PROVIDERS

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