The Fairholme Fund Announces Additional Dividend

Document Sample
The Fairholme Fund Announces Additional Dividend Powered By Docstoc
					The Fairholme Fund Announces Additional
Dividend
December 31, 2010 07:06 PM Eastern Time  

MIAMI--(EON: Enhanced Online News)--Today, the Fairholme Fund (FAIRX) distributed its second Ordinary
Income Dividend of $0.07529 per share to shareholders of record as of December 30, 2010. The Fairholme Fund
is distributing dividend income from its holdings of General Growth Properties, Inc., which announced a common
stock dividend of $0.38 per share on December 20, 2010. The Fairholme Fund’s NAV was reduced by the amount
of the distribution. The 2010 calendar year performance of the Fund is 25.47%. As of December 31, 2010, the
Fairholme Fund’s 1, 5, and 10 year average annual total returns are 25.47%, 9.97%, and 11.46% respectively.

The Record, Ex-Dividend, Payable Dates, Dollars-Per-Share, and Reinvestment NAV are as follows:

THE FAIRHOLME FUND
                                       Ex-Dividend
Distribution                                                              Dollars-Per-      Reinvestment
                 Record Date                           Payable Date
Type                                                                      Share             NAV
                                       Date
Ordinary         December 30,          December 31,    December 31,
                                                                          $0.07529          $35.58
Income           2010                  2010            2010

DISCLAIMER INFORMATION

The Fund’s investment objectives, risks, charges, and expenses should be considered carefully before
investing. The prospectus contains this and other important information about the Fund, and it may be
obtained by calling Shareholder Services at 1-866-202-2263 or visiting our website
www.fairholmefunds.com. Read it carefully before investing.

Performance information quoted represents past performance and does not guarantee future results. The
investment return and principal value of an investment will fluctuate so that an investor’s shares, when
redeemed, may be worth more or less than their original cost. Current performance may be higher or
lower than the performance quoted herein. The Fairholme Fund imposes a 2.00% redemption fee on
shares held less than 60 days. Performance data does not reflect the redemption fee. If reflected, total
returns would be reduced.

The Fairholme Fund expense ratio is 1.01%, which includes acquired fund fees of 0.01%.Acquired fund
fees and expenses are those expenses incurred indirectly by the Fund as a result of investments in shares
of one or more investment companies, including, but not limited to, money market funds.

Investing in the Fund involves risk including loss of principal. The Fund is non-diversified, which means
that the Fund invests in a smaller number of securities when compared to more diversified funds.
Therefore, the Fund is exposed to greater individual stock volatility than a diversified fund.The Fund also
invests in foreign securities which involve greater volatility and political, economic and currency risks and
differences in accounting methods. The Fund may also invest in “special situations” to achieve its
objectives. These strategies may involve greater risks than other fund strategies.

Fairholme Distributors, Inc. (12/10)

Contacts
Fairholme Funds, Inc.
Bruce R. Berkowitz, 866-202-2263

Permalink: http://eon.businesswire.com/news/eon/20101231005152/en

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:56
posted:1/1/2011
language:English
pages:2
Description: MIAMI--(EON: Enhanced Online News)--Today, the Fairholme Fund (FAIRX) distributed its second Ordinary Income Dividend of $0.07529 per share to shareholders of record as of December 30, 2010. The Fairholme Fund is distributing dividend income from its holdings of General Growth Properties, Inc., which announced a common stock dividend of $0.38 per share on December 20, 2010. The Fairholme Fund’s NAV was reduced by the amount of the distribution. The 2010 calendar year performance of the Fund is 2 a style='font-size
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.