Fairholme Focused Income Fund

Class No Load (FOCIX)
Scorecard
5 / 5 Stars
Lipper
5 5 1 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
---
TheStreet.com
C (Hold)

U.S. News evaluated 179 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Fairholme funds

See full High Yield Bond rankings

See more fund rankings

Performance

The fund has returned 10.01 percent over the past year, and 11.38 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 5.4%
1 Year 10.0%
3 Years (Annualized) 11.4%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more FOCIX performance

Summary

The investment seeks current income. The fund invests in a focused portfolio of cash distributing securities. To maintain maximum flexibility, the securities in which The Income Fund may invest include corporate debt securities of issuers in the U.S. and foreign countries, bank debt (including bank loans and participations), government and agency debt securities of the U.S. and foreign countries, convertible bonds and other convertible securities, and equity securities, including preferred and common stock, and interests in real estate investment trusts ("REITs"). The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Fairholme Focused Income Fund has an expense ratio of 1.00 percent.

See more FOCIX fees

Risk

Risk is High compared to funds in the same category according to Morningstar.

See more FOCIX risk

See Also:

Top Fairholme Funds