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Morningstar

Fairholme FAIRX

Morningstar Medalist Rating
Medalist Rating as of | See Fairholme Investment Hub
  • NAV / 1-Day Return 35.79  /  −0.06 %
  • Total Assets 1.4 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 0.42%
  • Turnover 3%

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FAIRX

More FAIRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 89.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

The St. Joe Co

80.95 1.0 Bil
Real Estate

Enterprise Products Partners LP

6.30 81.1 Mil
Energy

Fidelity Inv MM Treasury I

2.07 26.6 Mil
Cash and Equivalents

United States Treasury Bills 5.2658%

1.94 25.0 Mil
Government

United States Treasury Bills

1.55 20.0 Mil
Government

United States Treasury Bills 5.30732%

1.55 19.9 Mil
Government

United States Treasury Bills 5.29724%

1.55 19.9 Mil
Government

Berkshire Hathaway Inc Class B

1.23 15.8 Mil
Financial Services

Imperial Metals Corp

0.86 11.1 Mil
Basic Materials

United States Treasury Bills 5.29724%

0.78 10.0 Mil
Government