Fairholme Fund

Class No Load (FAIRX)
Scorecard
3 / 5 Stars
Lipper
3 1 1 4 3
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
D- (Sell)

Fund Holdings

The fund's prospectus allows plenty of leeway for Berkowitz to pick and choose companies, noting, "The proportion of the fund's assets invested in each type of asset class will vary from time to time based upon the manger's assessment," and "the fund may invest in, and may shift frequently among, the asset classes and market sectors." A large part of the fund's total assets come from its top 10 holdings because its portfolio is classified as "nondiversified" by the Investment Company Act of 1940.

Asset Allocation

% Long % Net
Cash 7.11 7.11
Stocks 81.79 81.79
Bonds 6.0 6.0
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 0.41 0.41
Convertible 0.0 0.0
Preferred 4.68 4.68

Updated 11.30.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 11.30.2013

Ticker YTD Return % % Net Assets
American International Group Inc AIG -3.13 41.97
Bank of America Corporation BAC 4.69 14.7
Sears Holdings Corporation SHLD -5.71 10.28
Amer Intl Grp ([Wts/Rts]) --- --- 5.09
Fed Natl Mort Assc Pfd --- --- 4.68
St. Joe Corporation JOE -0.94 4.67
Leucadia National Corporation LUK -2.75 3.99
FHLMC Pfd --- --- 3.22
FNMA Pfd --- --- 0.88
Fannie Mae FNMA 51.5 0.62