Welcome to our dedicated page for Fairholme Focused Income Fund news (Ticker: focix), a resource for investors and traders seeking the latest updates and insights on Fairholme Focused Income Fund stock.
Fairholme Focused Income Fund (FOCIX) delivers income-focused investment strategies through a concentrated portfolio of securities. This news hub provides authorized updates directly impacting the fund's performance and investor communications.
Access essential resources including quarterly earnings disclosures, portfolio rebalancing announcements, and management commentary. Our curated collection serves investors seeking to monitor strategic decisions, regulatory filings, and market positioning within the closed-end fund sector.
Key updates on income distribution schedules, asset allocation changes, and risk management practices are maintained here. Bookmark this page for streamlined access to verified information supporting informed analysis of FOCIX's income generation approach and market responsiveness.
The Fairholme Focused Income Fund (FOCIX) has announced a dividend distribution of $0.06955 per share for shareholders of record as of March 27, 2025. The dividend, classified as Ordinary Income, was distributed on March 28, 2025, with the Fund's Net Asset Value (NAV) being reduced by the distribution amount.
The Fund operates as a non-diversified mutual fund, maintaining a concentrated portfolio strategy by investing in a smaller number of securities compared to diversified funds. This approach may expose shareholders to higher risks from adverse developments in portfolio companies. FOCIX's investments are particularly subject to interest rate risk and credit risk, with the ability to invest without limit in lower-rated securities.
Fairholme Funds announced dividend distributions for two of its funds on December 13, 2024. The Fairholme Fund (FAIRX) distributed an Ordinary Income dividend of $0.21078 per share to shareholders of record as of December 12, 2024. Similarly, The Fairholme Focused Income Fund (FOCIX) distributed an Ordinary Income dividend of $0.06767 per share to shareholders of record as of December 12, 2024. Both distributions were paid on December 13, 2024, and the respective funds' Net Asset Values were reduced by the total amount of the distributions.
The Fairholme Focused Income Fund (FOCIX) has announced a dividend distribution. On September 27, 2024, 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.
Key dates for the distribution are as follows:
- Record Date: September 26, 2024
- Ex-Dividend Date: September 27, 2024
- Payable Date: September 27, 2024
The press release also includes important information about the Fund's investment objectives, risks, and the importance of carefully considering the prospectus before investing.
The Fairholme Focused Income Fund (FOCIX) announced an Ordinary Income dividend of $0.09304 per share, distributed to shareholders of record as of June 27, 2024. The Net Asset Value (NAV) of the Fund was reduced by the distribution amount. The Record Date, Ex-Dividend Date, and Payable Date for the dividend is June 27, 2024, and June 28, 2024, respectively. Past performance does not guarantee future results, and the Fund's investment in a smaller number of securities exposes it to greater risk of loss. The Fund is susceptible to interest rate and credit risks, with potential investments in lower-rated debt securities that carry higher default and market volatility risks. For more information, investors are advised to consult the Fund's prospectus.
On March 31, 2023, Fairholme Focused Income Fund (FOCIX) distributed an ordinary income dividend of $0.06970 per share to shareholders of record as of March 30, 2023. The Fund's Net Asset Value (NAV) was reduced by the amount of the distribution. Key dates include the Record Date on March 30, 2023, the Ex-Dividend Date on March 31, 2023, and the Payable Date also on March 31, 2023. Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing as noted in the Fund's prospectus.
The Fairholme Fund (NASDAQ: FAIRX) will not distribute a dividend in 2022. However, the Fairholme Focused Income Fund (FOCIX) announced an Ordinary Income dividend of
