Fairholme Focused Income FOCIX
-
Fund Expense Ratios Dropped in 2011
… returns to show for it, so I'd say their style works pretty well in large caps. The Biggest Fee Hike Fairholme Focused Income FOCIX is the biggest riser with a 17-basis-point spike to 0.67%. In fact, shareholders are now paying …
-
Fernandez Leaves Fairholme
… asset manager made its announcement in regulatory filings today. Fernandez was also a listed comanager on Fairholme Focused Income ( FOCIX ) and Fairholme Allocation (FAAFX) . That leaves Bruce Berkowitz, the firm's founder, as sole manager …
-
Time to Bail on Fairholme Fund--Or Stand Pat?
… will tell. I'm encouraged that Warren Buffett bought into Bank of America." BallThree , while adding to Fairholme Focused Income FOCIX and Allocation FAAFX rather than the flagship Fairholme Fund wrote, "I think Berkowitz, as Morningstar …
-
From Barron’s, October 24, 2011 (Part 2)
… this Enron spinoff from oversupplied natural gas market to crude oil; pg 46). Bearish stories: Fairholme ( FAIRX; also FOCIX , FAAFX ; unprecedented concentration; illiquid holdings; heavy redemptions; little cash on hand; employee turnover; pg …
-
A Look Back at the Best Funds Launched in the Past Three Years
… as Schneider Electric SU and Bayer BAYN, but Hong Kong names like Sands China and AIA Group have helped. Fairholme Focused Income FOCIX has kept us guessing about exactly what it is. Is it a short-term bond fund, a multisector bond fund …
-
Fairholme Doubles Down on Financials… more than 20% in the past month alone. Here to discuss what's been going on at Fairholme Fund as well as Fairholme Focused Income are Ryan Leggio. Ryan is a fund analyst for Morningstar and on the phone with me is Kevin McDevitt. He is …
to discuss what's been going on at Fairholme Fund as well as Fairholme Focused Income are Ryan Leggio. Ryan is a fund analyst for Morningstar and on the phone with me is Kevin McDevitt. He is editorial -
Upside Downside Capture Ratio on Morningstar Risk Tool
… during a bear period compared to it's benchmark. What I don't understand is the negative numbers after some funds reported in down market periods; Fairholme Focused Income was minus 149 percent. Does anyone know what minus 149 means ?
-
Portfolio's True Distribution Yield
… The distributions of new funds of less than one year which have been paying regular distributions are not included, e.g. FOCIX , DBLEX, DBLTX 3- There may be other reasons of which I am unaware. Would it be possible to remedy this situation? Gene
-
What Bond F's for Holding $ to Invest?
… when occasion arises in the meantime..? Looks like DLTNX might be the next BondFnd going forward? was going to add too FOCIX , but It has a Min. $25k and I would Go below that taking $ out of it to add to my Bal & Equity funds at times.. thanks
-
Berkowitz's Plans for St. Joe… balanced fund between opportunities in Fairholme and Fairholme Focused Income . He's made it pretty clear he's going to be very ..... though? Leggio : Well, it's tough to tell. The Fairholme Focused Income Fund, which is a little over a year old, is now almost …
it to be this middle-of-the-road balanced fund between opportunities in Fairholme and Fairholme Focused Income . He's made it pretty clear he's going to be very dynamic, willing to go very little cash when he sees lots of opportunities, lots of cash when he isn't seeing opportunities. So, look for it to be a very dynamic and unique offering. Stipp : So, it's great to have a nimble fund in the hands of a very accomplished manager. How long do you think it's going to stay nimble, though? Leggio : Well, it's tough to tell. The Fairholme Focused Income Fund, which is a little over a year old, is now almost close to $1 billion in his hands. So, if investors