Fairholme Fund (FAIRX)
Under normal circumstances, to achieve the fund's investment objective by investing in a focused portfolio of equity and fixed-income securities. It may invest in common and preferred stock, partnership interests, business trust shares, depository receipts, rights and warrants to subscribe for the purchase of equity securities, and interests in REITs. The fund may invest in U.S. corporate debt securities, non-U.S. corporate debt securities, bank debt, U.S. government and agency debt securities, short-term debt obligations of foreign governments and foreign money market instruments. It is non-diversified.
Fund Info
US3048711069
304871106
Dec 29, 1999
$10,000
Large-Cap
Value
Expense Ratio
FAIRX has a high expense ratio of 1.00%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fairholme Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fairholme Fund had a return of 5.46% year-to-date (YTD) and -5.79% in the last 12 months. Over the past 10 years, Fairholme Fund had an annualized return of -0.20%, while the S&P 500 had an annualized return of 11.31%, indicating that Fairholme Fund did not perform as well as the benchmark.
FAIRX
5.46%
-0.48%
-13.67%
-5.79%
9.27%
-0.20%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of FAIRX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.83% | 5.46% | |||||||||||
| 2024 | -6.28% | -1.74% | 6.76% | -1.04% | -0.54% | -2.60% | 10.06% | -2.67% | -1.42% | -9.00% | 1.13% | -9.86% | -17.44% |
| 2023 | 18.14% | -7.66% | -2.22% | -1.10% | 10.42% | 3.85% | 25.99% | -2.12% | -9.83% | -11.63% | 8.53% | 13.72% | 46.72% |
| 2022 | -5.69% | 9.67% | 8.63% | -8.06% | -4.17% | -18.33% | 5.56% | -7.11% | -13.17% | 9.33% | 5.63% | 0.00% | -20.49% |
| 2021 | -0.96% | 9.01% | -10.72% | 5.95% | 1.58% | -8.67% | 0.98% | 1.15% | -6.39% | 9.55% | 1.31% | 6.28% | 6.87% |
| 2020 | 1.01% | -3.99% | -14.82% | 5.49% | 6.77% | -1.57% | 4.85% | 7.98% | -6.42% | 13.05% | 16.55% | 14.91% | 46.90% |
| 2019 | 9.71% | 0.60% | 8.38% | 2.48% | 2.21% | 0.90% | 2.35% | -1.48% | -0.05% | 0.36% | -0.88% | 4.19% | 32.06% |
| 2018 | -2.38% | -5.60% | -2.64% | 1.61% | 2.23% | -1.81% | -0.92% | -0.60% | -5.23% | -7.27% | 0.63% | -3.61% | -23.18% |
| 2017 | 2.86% | -3.63% | -5.63% | 3.94% | -7.73% | -1.80% | 5.13% | -0.99% | 2.11% | -5.41% | -0.62% | 6.86% | -5.94% |
| 2016 | -11.35% | -0.79% | 4.43% | 9.59% | 1.02% | 1.01% | 2.21% | -1.13% | -3.02% | 0.91% | 29.11% | -9.01% | 19.32% |
| 2015 | -9.83% | 9.58% | -0.78% | 3.23% | -0.48% | -1.61% | 3.34% | -0.75% | -4.54% | 3.79% | -3.06% | -44.95% | -46.27% |
| 2014 | -2.96% | 7.44% | -0.78% | 0.86% | 2.74% | 1.43% | -2.49% | 2.53% | -5.66% | -6.64% | 1.15% | -7.59% | -10.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FAIRX is 2, meaning it’s performing worse than 98% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fairholme Fund (FAIRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fairholme Fund provided a 0.67% dividend yield over the last twelve months, with an annual payout of $0.21 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.21 | $0.15 | $0.00 | $0.00 | $0.00 | $0.17 | $0.34 | $0.26 | $0.41 | $0.60 |
Dividend yield | 0.67% | 0.71% | 0.41% | 0.00% | 0.00% | 0.00% | 0.83% | 2.23% | 1.29% | 1.87% | 3.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Fairholme Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2015 | $0.60 | $0.60 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fairholme Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fairholme Fund was 63.71%, occurring on Feb 11, 2016. The portfolio has not yet recovered.
The current Fairholme Fund drawdown is 20.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -63.71% | Jun 20, 2014 | 415 | Feb 11, 2016 | — | — | — |
| -52.99% | Nov 1, 2007 | 333 | Mar 2, 2009 | 271 | Mar 29, 2010 | 604 |
| -37.34% | Feb 18, 2011 | 157 | Oct 3, 2011 | 379 | Apr 10, 2013 | 536 |
| -19.07% | May 20, 2002 | 99 | Oct 9, 2002 | 237 | Sep 19, 2003 | 336 |
| -17.31% | Apr 26, 2010 | 49 | Jul 2, 2010 | 127 | Jan 3, 2011 | 176 |
Volatility
Volatility Chart
The current Fairholme Fund volatility is 4.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.