Fairholme Funds, Inc. December 2023 Dividend Distributions

Rhea-AI Summary

Fairholme Funds, Inc. (FAIRX) and Fairholme Focused Income Fund (FOCIX) distributed Ordinary Income dividends of $0.14698 and $0.13940 per share, respectively, on December 15, 2023. The Net Asset Value (NAV) of both funds was reduced by the total distribution amount. Shareholders of record as of December 14, 2023, received the dividends. Past performance is not indicative of future results. Investing in the Funds carries risks, including loss of principal.

Positive

• None.

Negative

• Investing in the Funds involves risks including loss of principal.

MIAMI--(BUSINESS WIRE)--

Fairholme Funds, Inc.:

THE FAIRHOLME FUND (FAIRX)

On December 15, 2023, the Fairholme Fund (NASDAQ: FAIRX) distributed an Ordinary Income dividend of $0.14698 per share to shareholders of record as of December 14, 2023. The Fairholme Fund’s Net Asset Value (“NAV”) was reduced by the total amount of the distribution.

The Record Date, Ex-Dividend Date, Payable Date, and Cents-Per-Share are as follows:

Distribution Type	Record Date	Ex-Dividend Date	Payable Date	Cents-Per-Share
Ordinary Income	December 14, 2023	December 15, 2023	December 15, 2023	$0.14698
Total				$0.14698

THE FAIRHOLME FOCUSED INCOME FUND (FOCIX)

On December 15, 2023, the Fairholme Focused Income Fund (NASDAQ: FOCIX) distributed an Ordinary Income dividend of $0.13940 per share to shareholders of record as of December 14, 2023. The Fairholme Focused Income Fund’s Net Asset Value (“NAV”) was reduced by the total amount of the distribution.

The Record Date, Ex-Dividend Date, Payable Date, and Cents-Per-Share are as follows:

Distribution Type	Record Date	Ex-Dividend Date	Payable Date	Cents-Per-Share
Ordinary Income	December 14, 2023	December 15, 2023	December 15, 2023	$0.13940
Total				$0.13940

Past performance is not a guarantee of future results.

Investing in the Funds involves risks including loss of principal. The Funds’ investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the Funds, 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.

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

The Fairholme Focused Income Fund (the “Income Fund”) is a non-diversified mutual fund, which means that the Income Fund invests in a smaller number of securities when compared to more diversified funds. This strategy exposes the Income Fund and its shareholders to greater risk of loss from adverse developments affecting portfolio companies. The Income 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 Income 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 (12/23)

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Fairholme Funds, Inc.

Jodi Lin, 305-358-3000

Source: Fairholme Funds, Inc.

FAQ

What are the recent dividend distributions for Fairholme Funds, Inc. (FAIRX) and Fairholme Focused Income Fund (FOCIX)?

Fairholme Funds, Inc. (FAIRX) distributed an Ordinary Income dividend of $0.14698 per share, and Fairholme Focused Income Fund (FOCIX) distributed an Ordinary Income dividend of $0.13940 per share on December 15, 2023.

What was the Net Asset Value (NAV) impact of the dividend distributions for Fairholme Funds, Inc. (FAIRX) and Fairholme Focused Income Fund (FOCIX)?

The Net Asset Value (NAV) of both Fairholme Funds, Inc. (FAIRX) and Fairholme Focused Income Fund (FOCIX) was reduced by the total amount of the dividend distributions.

When were the dividend distributions payable for Fairholme Funds, Inc. (FAIRX) and Fairholme Focused Income Fund (FOCIX)?

The dividend distributions for Fairholme Funds, Inc. (FAIRX) and Fairholme Focused Income Fund (FOCIX) were payable on December 15, 2023.

What should investors consider before investing in Fairholme Funds, Inc. (FAIRX) and Fairholme Focused Income Fund (FOCIX)?

Investors should carefully consider the Funds’ investment objectives, risks, charges, and expenses before investing, as past performance is not indicative of future results.