The Focused Income Fund
STATUS: OPEN TO NEW INVESTORS
The Fairholme Focused Income Fund (FOCIX) seeks current income by investing in a focused portfolio of cash distributing securities.
Standardized returns are available by clicking FOCIX FACTS in the menu to the left.
Mutual fund investing involves risks, including loss of principal. The information on this page covers the period from inception of The Fairholme Focused Income Fund (December 31, 2009) to June 30, 2016. Past performance information quoted does not guarantee future results. The investment return and principal value of an investment in The Fairholme Focused Income Fund will fluctuate; an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. Performance figures assume reinvestment of dividends and capital gains. Performance prior to March 29, 2012, reflects fee waivers by the manager, Fairholme Capital Management, LLC. Most recent month-end performance and answers to any questions you may have can be obtained by calling Shareholder Services at (866) 202-2263. The Fairholme Focused Income Fund maintains a focused portfolio of investments in a limited number of issuers and does not seek to diversify its investments. This exposes The Fairholme Focused Income Fund to the risk of unanticipated industry conditions and risks particular to a single company or the securities of a single company. The Fairholme Focused Income Fund’s performance may differ markedly from the performance of the Barclays Capital U.S. Aggregate Bond Index in either up or down market trends. The Barclays Capital U.S. Aggregate Bond Index is an unmanaged market-weighted index comprised of investment-grade (rated Baa3/BBB-/BBB- or higher) taxable bonds, mortgage-back securities, asset-backed securities, corporate securities, and government-related securities, including U.S. Treasury and government agency issues, with at least one year to maturity. Because indices cannot be invested in directly, these index returns do not reflect a deduction for fees, expenses, or taxes. The Fairholme Focused Income Fund’s total expense ratio reflected in its prospectus dated March 29, 2016, was 1.01%. The expense ratio includes acquired fund fees and expenses, which are incurred directly by The Fairholme Focused Income Fund as a result of investments in securities issued by one or more investment companies.
Fairholme Funds, Inc.
All investments are subject to inherent risk, including possible loss of the principal amount invested. There is no guarantee that the Funds will meet their objectives. Read about other risks of investing in Fairholme's Prospectus and SAI.
SHARES OF FAIRHOLME MUTUAL FUNDS ARE DISTRIBUTED BY FAIRHOLME DISTRIBUTORS, LLC