Fairholme (FAIRX)
| Fund Assets | 1.10B |
| Expense Ratio | 1.00% |
| Min. Investment | $10,000 |
| Turnover | 2.97% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 0.63% |
| Dividend Growth | 43.41% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 33.30 |
| YTD Return | 10.66% |
| 1-Year Return | -9.51% |
| 5-Year Return | 64.83% |
| 52-Week Low | 27.58 |
| 52-Week High | 37.38 |
| Beta (5Y) | 1.13 |
| Holdings | 12 |
| Inception Date | Dec 29, 1999 |
About FAIRX
Fairholme Fund is a non-diversified, actively managed mutual fund designed to pursue long-term capital growth through a concentrated and research-driven investment strategy. Managed by Fairholme Capital Management, the fund emphasizes value investing, focusing on acquiring equity and equity-like securities that it believes are priced below their intrinsic value. This approach leads to a focused portfolio, with a significant portion of assets often allocated to a small number of positions. As of June 2025, the portfolio is heavily weighted toward real estate, with The St. Joe Company comprising over 75% of total assets, alongside notable holdings in energy, government securities, and basic materials. Fairholme Fund’s management applies rigorous fundamental analysis and a bottom-up selection process, seeking companies with strong fundamentals and sustainable competitive advantages. The fund’s operational structure allows portfolio managers substantial flexibility, supporting its disciplined, long-term, and risk-aware investment philosophy. Since its inception in 1999, Fairholme Fund has distinguished itself with its deep commitment to value and concentrated portfolio construction within the asset management sector.
Performance
FAIRX had a total return of -9.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.04%.
Top 10 Holdings
99.40% of assets| Name | Symbol | Weight |
|---|---|---|
| The St. Joe Company | JOE | 75.19% |
| Enterprise Products Partners L.P. | EPD | 9.04% |
| United States Treasury Bills 4.23234% | B.0 06.03.25 | 2.48% |
| United States Treasury Bills 4.22633% | B.0 06.20.25 | 2.48% |
| United States Treasury Bills 4.20665% | B.0 07.01.25 | 2.47% |
| United States Treasury Bills 4.23486% | B.0 06.17.25 | 1.98% |
| Imperial Metals Corporation | III | 1.84% |
| United States Treasury Bills 4.21974% | B.0 06.12.25 | 1.49% |
| Fidelity Colchester Street Trust - Treasury Portfolio | FISXX | 1.36% |
| Bank OZK | OZK | 1.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.21078 | Dec 13, 2024 |
| Dec 15, 2023 | $0.14698 | Dec 15, 2023 |
| Dec 13, 2019 | $0.16541 | Dec 13, 2019 |
| Dec 14, 2018 | $0.33731 | Dec 14, 2018 |
| Dec 15, 2017 | $0.25971 | Dec 15, 2017 |
| Dec 16, 2016 | $1.58263 | Dec 16, 2016 |