Fairholme Funds, Inc. December 2022 dividend distributions | Jobs Vox

The Fairholme Fund (NASDAQ: FAIRX ) will not pay a dividend in 2022.

Miami, December 16, 2022— (Business Wire) —Fairholme Funds, Inc.:

Equity Focused Income Fund (FOCIX)

On December 16, 2022 Fairholme Focused Income Fund (NASDAQ:FOCIX) paid ordinary income of $0.08717 per share to shareholders effective December 15, 2022. The net asset value (“NAV”) of Fairholme Focused Income Funds is reduced by the total amount of the distribution.

The record date, ex-dividend date, maturity date and cent-per-share are as follows.

The Fair Allocation Fund (FAAFX)

On December 16, 2022, Fairholme Allocation Fund (NASDAQ: FAAFX ) distributed ordinary income of $0.13545 per share to shareholders effective December 15, 2022. The Fairholme Allocation Fund’s net asset value (“NAV”) is reduced by the total amount of the distribution.

The record date, ex-dividend date, maturity date and cent-per-share are as follows.

Past performance is no guarantee of future results.

Investing in the funds involves risks, including loss of principal. The Funds’ investment objectives, risks, fees and expenses should be carefully considered before investing. of prospectus It contains this and other important information about funds, and is available by calling Stock Services at (866) 202-2263 or visiting our website www.fairholmefunds.com. Read it carefully before investing.

The Fairholme Fund is not diversified, which means that the Fairholme Fund invests in a smaller number of securities compared to diversified funds. Therefore, the Fairholme Fund is more exposed to the volatility of individual stocks than a diversified fund. The Fairholme Fund also invests in foreign securities that involve high volatility and political, economic and currency risks and differences in accounting methods. The Fairholme Fund may invest in “special conditions” to achieve its objectives. These strategies may involve greater risks than other funding strategies.

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Fairholme’s Focused Income Fund (“Income Fund”) is a non-diversified mutual fund, which means that an Income Fund invests in a smaller number of securities than a diversified fund. This strategy exposes the Income Fund and its shareholders to significant losses due to adverse developments in portfolio companies. Income fund investments also have interest rate risk, which is generally the risk that the value of a security will decline due to changes in interest rates. Investments exposed to interest rate risk decrease in value when interest rates rise and increase in value when interest rates fall. Also, securities with long maturities experience significant changes in value when interest rates change. Debt securities are subject to credit risk (potential default by the issuer). The Income Fund may invest in lower rated securities without limitation. Compared to higher-rated fixed income securities, lower-rated debt can carry greater risk of default and market volatility.

The Fairholm Allocation Fund (“Allocation Fund”) is a non-diversified mutual fund, which means that an Allocation Fund may invest in a smaller number of securities than a diversified fund. A mutual fund may invest in lower-rated securities, which may have greater market risk. This strategy exposes the mutual fund and its shareholders to significant losses due to adverse developments in portfolio companies. Allocation of investments between different asset classes, such as equity or fixed income asset classes, can have a significant impact on the Allocation Fund’s net asset value if one of these classes underperforms over others.

Foreign Fund Distributors LLC (12/22)

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Contacts

Jody Lynn, 305-358-3000