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What's Going on at Fairholme Fund?

Fairholme analyst Kevin McDevitt puts the fund's recent underperformance into context for investors.

Mentioned:

Christine Benz: Hi. I am Christine Benz for Morningstar.com.

After a nearly unbroken string of topnotch performance, Fairholme Fund has recently hit a rough patch with bottom decile year-to-date and trailing one-year returns.

Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.