The Fairholme Focused Income Fund Announces Dividend
27 Septiembre 2024 - 4:30PM
Business Wire
On September 27, 2024, the Fairholme Focused Income Fund
(“FOCIX” or the “Fund”) distributed an Ordinary Income dividend of
$0.08584 per share to shareholders of record as of September 26,
2024. The Fund’s Net Asset Value (“NAV”) was reduced by the
amount of the distribution.
The Record Date, Ex-Dividend Date, Payable Date, and
Cents-Per-Share are as follows:
THE FAIRHOLME FOCUSED INCOME FUND
Distribution Type
Record Date
Ex-Dividend Date
Payable Date
Cents-Per-Share
Ordinary Income
September 26, 2024
September 27, 2024
September 27, 2024
$0.08584
Past performance is not a guarantee of future
results.
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 (866) 202-2263 or visiting our website
www.fairholmefunds.com. Read it carefully before
investing.
Investing in the Fund involves risk including loss of principal.
The Fund is a non-diversified mutual fund, which means that the
Fund invests in a smaller number of securities when compared to
more diversified funds. This strategy exposes the Fund and its
shareholders to greater risk of loss from adverse developments
affecting portfolio companies. The Fund’s investments are also
subject to interest rate risk, which is the risk that the value of
a security will decline because of a change in general interest
rates. Investments subject to interest rate risk will usually
decrease in value when interest rates rise and rise in value when
interest rates decline. Also, securities with long maturities
typically experience a more pronounced change in value when
interest rates change. Debt securities are subject to credit risk
(potential default by the issuer). The Fund may invest without
limit in lower-rated securities. Compared to higher-rated fixed
income securities, lower-rated debt may entail greater risk of
default and market volatility.
Foreside Funds Distributors LLC (9/24)
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version on businesswire.com: https://www.businesswire.com/news/home/20240927940881/en/
Fairholme Funds, Inc. Jodi Lin, 305-358-3000