Morningstar

Fairholme FAIRX

Morningstar Medalist Rating
Medalist Rating as of | See Fairholme Investment Hub
  • NAV / 1-Day Return 36.36  /  +0.39 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Large Value
  • Investment Style Small Growth
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 0.40%
  • Turnover 3%

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FAIRX

Will FAIRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAIRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FAIRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FAIRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Fairholme's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FAIRX

More FAIRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 86.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

The St. Joe Co

78.33 1.0 Bil
Real Estate

Enterprise Products Partners LP

6.38 84.2 Mil
Energy

Fidelity Inv MM Treasury I

2.75 36.3 Mil
Cash and Equivalents

United States Treasury Bills 5.27357%

2.27 29.9 Mil
Government

United States Treasury Bills 5.28296%

2.27 29.9 Mil
Government

United States Treasury Bills 5.27757%

1.89 25.0 Mil
Government

United States Treasury Bills 5.29609%

1.52 20.0 Mil
Government

United States Treasury Bills 5.27307%

1.52 20.0 Mil
Government

United States Treasury Bills 5.28211%

1.51 19.9 Mil
Government

Imperial Metals Corp

0.75 9.9 Mil
Basic Materials

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