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.
Fairholme Focused Income FOCIX
- NAV / 1-Day Return 12.91 / +0.08 %
- Total Assets 213.4 Mil
-
Adj. Expense Ratio
- 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 2.86%
- Turnover 53%
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:14 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 36.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Enterprise Products Partners LP | 25.40 | 53.2 Mil | Energy |
Fidelity Inv MM Treasury I | 18.25 | 38.2 Mil | Cash and Equivalents |
United States Treasury Bills | 9.52 | 19.9 Mil | Government |
United States Treasury Bills | 9.51 | 19.9 Mil | Government |
United States Treasury Bills | 9.51 | 19.9 Mil | Government |
United States Treasury Bills | 7.15 | 15.0 Mil | Government |
Bank OZK | 5.63 | 11.8 Mil | Financial Services |
United States Treasury Bills 5.29325% | 4.77 | 10.0 Mil | Government |
United States Treasury Bills | 4.76 | 10.0 Mil | Government |
WR Berkley Corp | 3.23 | 6.8 Mil | Financial Services |