Fairholme Focused Income Fund

 FOCIX
Benchmark Morningstar Category
High Yield Bond

Asset Allocation

 

FOCIX

 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 05/31/2017
Cash 27.85 27.85 4.47
US Stock 11.85 11.85 0.61
Non US Stock 0.00 0.00 0.05
Bond 38.67 38.67 93.49
Other 21.64 21.64 1.38
 

Style Details

 

FOCIX

Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 02/29/2012
2017 38.67
2016 51.72
2015 58.58
2014 66.12
2013 90.60
 
Bond Statistics
Detail Value
As of 02/29/2012, *As of 05/31/2017
Average Effective Duration
Average Effective Maturity (Years)*
Average Credit Quality Not Rated
Average Weighted Coupon* 8.57
Average Weighted Price* 91.43
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 2.45
AA 0.42
A 1.55
BBB 4.56
BB 31.94
B 40.94
Below B 16.27
Not Rated 1.88
As of 02/29/2012
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

FOCIX

Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Government 13.49 2.24
       
Corporate 42.44 86.63
Corporate Bond 39.13 84.02
Bank Loan 0.00 0.70
Convertible 0.00 1.72
Preferred 3.31 0.19
       
Securitized 0.00 1.70
Agency Mortgage-Backed 0.00 0.51
Non-Agency Residential MBS 0.00 0.27
Commercial MBS 0.00 0.33
Asset-Backed 0.00 0.59
Covered Bond 0.00 0.00
       
Municipal 2.26 0.02
       
Cash & Equivalents 15.07 4.51
       
Other 0.00 -0.07
As of 05/31/2017
Sector data is calculated only using the rescaled long position holdings of the portfolio.
Coupon Range
Type % Bonds Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
0% 5.48 0.50
0% to 4% 0.00 3.81
4% to 6% 0.00 15.62
6% to 8% 56.92 57.39
8% to 10% 17.32 8.36
10% to 12% 20.28 14.27
More than 12% 0.00 0.09
As of 05/31/2017
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

FOCIX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 71.27 79.15
Canada 28.73 5.08
As of 05/31/2017
Country breakdown data is calculated only using the long rescaled holdings of the portfolio.

Bond Maturity Breakdown

 

FOCIX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 78.08 2.77
3 to 5 Years 16.12 16.79
5 to 7 Years 0.00 53.49
7 to 10 Years 0.00 18.35
10 to 15 Years 0.08 1.51
15 to 20 Years 0.03 0.97
20 to 30 Years 0.00 2.48
Over 30 Years 0.00 1.11
As of 05/31/2017

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