The Fairholme Focused Income Fund Announces Dividend

Rhea-AI Summary

On September 30, 2022, the Fairholme Focused Income Fund (FOCIX) distributed an Ordinary Income dividend of $0.06465 per share to shareholders on record as of September 29, 2022. The Fund's Net Asset Value (NAV) was reduced by the total distribution amount. Key dates for the dividend include the Record Date (September 29, 2022), Ex-Dividend Date (September 30, 2022), and Payable Date (September 30, 2022).

Investors are reminded that past performance does not guarantee future results and that investing in the Fund carries risks, including loss of principal.

Positive

• Ordinary Income dividend of $0.06465 per share distributed to shareholders.
• Key dividend dates provide clarity for investors.

Negative

• The Net Asset Value (NAV) was reduced by the amount of the dividend distribution.
• Investing involves risks including potential loss of principal.

MIAMI--(BUSINESS WIRE)-- On September 30, 2022, the Fairholme Focused Income Fund (“FOCIX” or the “Fund”) distributed an Ordinary Income dividend of $0.06465 per share to shareholders of record as of September 29, 2022. 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 29, 2022	September 30, 2022	September 30, 2022	$0.06465

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 (9/22)

View source version on businesswire.com: https://www.businesswire.com/news/home/20220930005534/en/

Jodi Lin, 305-358-3000

Source: Fairholme Funds, Inc.

FAQ

What is the dividend amount for FOCIX in September 2022?

The dividend amount for FOCIX in September 2022 is $0.06465 per share.

When is the payable date for the FOCIX dividend?

The payable date for the FOCIX dividend is September 30, 2022.

What are the key dates related to the FOCIX dividend?

Key dates for the FOCIX dividend include: Record Date - September 29, 2022; Ex-Dividend Date - September 30, 2022; Payable Date - September 30, 2022.

What risks should investors consider for FOCIX?

Investors should consider risks such as loss of principal and interest rate risk associated with investing in FOCIX.