Morningstar

Fairholme Focused Income FOCIX

Morningstar Medalist Rating
Medalist Rating as of | See Fairholme Investment Hub
  • NAV / 1-Day Return 13.07  /  +0.35 %
  • Total Assets 195.6 Mil
  • Adj. Expense Ratio
    1.020%
  • Expense Ratio 1.020%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Moderately Conservative Allocation
  • Investment Style Mid Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.10%
  • Turnover 53%

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

Morningstar’s Analysis FOCIX

Will FOCIX 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 FOCIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FOCIX 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 FOCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

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

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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FOCIX

More FOCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Enterprise Products Partners LP

27.43 58.1 Mil
Energy

United States Treasury Bills 5.29609%

9.44 20.0 Mil
Government

United States Treasury Bills 5.27307%

9.44 20.0 Mil
Government

United States Treasury Bills 5.27357%

9.42 20.0 Mil
Government

United States Treasury Bills 5.28296%

9.41 19.9 Mil
Government

Bank OZK

7.19 15.2 Mil
Financial Services

United States Treasury Bills 5.27757%

7.07 15.0 Mil
Government

United States Treasury Bills 5.28211%

7.06 14.9 Mil
Government

Berkshire Hathaway Inc Class B

5.17 10.9 Mil
Financial Services

Fidelity Inv MM Treasury I

3.83 8.1 Mil
Cash and Equivalents

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