Fairholme doesn't face a liquidity crisis anymore, but that doesn't necessarily make it more appealing. It has a Morningstar Analyst Rating of Negative.
Fairholme FAIRX
NAV / 1-Day Return
19.24
/
0.42
%
Total Assets
978.1 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.000%
Expense Ratio
1.000%
Fee Level
Above Average
Longest Manager Tenure
20.76
years
Category
US Fund Large Value
Investment Style
Small BlendMin. Initial Investment
10,000
Status
Open
TTM Yield
0.86%
Turnover
8%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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 2019 doesn't change this fund's issues.
