Fairholme Funds Announcement: December Dividend Details

Fairholme Funds Announce December Dividend Distributions

Fairholme Funds, known for their insightful investment strategies, has recently provided updates regarding their December dividend distributions. This announcement pertains to both the Fairholme Fund and the Fairholme Focused Income Fund.

The Fairholme Fund (FAIRX) Dividend Announcement

The Fairholme Fund (NASDAQ: FAIRX) declared an Ordinary Income dividend of $0.21078 per share, effective December 13, 2024. Shareholders who held shares as of December 12, 2024, will receive this dividend, and it is important to note that the Net Asset Value (NAV) of the Fairholme Fund was adjusted to reflect the distribution.

Key Dividend Dates

Details regarding the dividend distribution include:

• Distribution Type: Ordinary Income
• Record Date: December 12, 2024
• Ex-Dividend Date: December 13, 2024
• Payable Date: December 13, 2024
• Cents-Per-Share: $0.21078

Fairholme Focused Income Fund (FOCIX) Dividend Details

Similarly, the Fairholme Focused Income Fund (NASDAQ: FOCIX) has announced an Ordinary Income dividend of $0.06767 per share for its shareholders. This dividend will also be payable on December 13, 2024, to those who were shareholders as of December 12, 2024.

Focused Income Fund Key Dates

The distribution details for the Fairholme Focused Income Fund include:

• Distribution Type: Ordinary Income
• Record Date: December 12, 2024
• Ex-Dividend Date: December 13, 2024
• Payable Date: December 13, 2024
• Cents-Per-Share: $0.06767

Investment Considerations

Investors should remain mindful of the inherent risks associated with investing in these funds. Fairholme Funds offer distinctive investment strategies that may lead to heightened volatility and different risks compared to more diversified funds.

Understanding Non-Diversified Investments

Both the Fairholme Fund and the Fairholme Focused Income Fund are classified as non-diversified, which involves allocating resources across a limited number of securities. This can enhance individual stock volatility. Furthermore, the funds may invest in foreign securities, which inherently adds layers of political, economic, and currency risks.

Investors should thoroughly evaluate the unique investment strategies employed by these funds. The Fairholme Fund might target special situations that involve greater risk, while the Focused Income Fund navigates the volatility of interest rates and credit risks.

Conclusion

To sum up, Fairholme Funds has detailed their Ordinary Income dividends for both the Fairholme Fund and the Fairholme Focused Income Fund, providing crucial information for shareholders. With dividends scheduled for December 2024, it is an opportune moment for investors to stay informed and make educated decisions regarding their investments.

Frequently Asked Questions

What are the dividend amounts for Fairholme Funds?

The Fairholme Fund's dividend is $0.21078 per share, while the Focused Income Fund's dividend is $0.06767 per share.

When are the record and payable dates for the dividends?

Both funds have a record date of December 12, 2024, with the payable date set for December 13, 2024.

How does being a non-diversified fund affect risk?

A non-diversified fund, like those offered by Fairholme, invests in fewer securities, which can lead to greater volatility and risk of loss from individual stock performance.

Where can I find more information about Fairholme Funds?

Investors can find more information by contacting Shareholder Services or visiting the Fairholme Funds website.

What is the impact of the Ex-Dividend date?

The Ex-Dividend date marks the cutoff for shareholders to receive the declared dividend; purchases made on or after this date will not entitle investors to receive the dividend.

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