Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

How Return of Capital Distributions Are Taxed

Mutualfunds logo

OAKIX Oakmark International Investor

  • Fund
  • OAKIX
  • Price as of: Sep 22, 2017
  • $28.86
  • + $0.06
  • + 0.21%
  • Category
  • Foreign Large Cap Blend Equities

OAKIX - Profile

Vitals

  • YTD Return 27.1%
  • 3 Yr Annualized Return 6.4%
  • 5 Yr Annualized Return 12.6%
  • Net Assets $38.3 B
  • Holdings in Top 10 37.6%

52 WEEK LOW AND HIGH

$28.86
$21.45
$28.86

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.00%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 44.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Foreign Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Foreign Large Blend

Distributions

  • YTD Total Return 27.1%
  • 3 Yr Annualized Total Return 6.4%
  • 5 Yr Annualized Total Return 12.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Oakmark International Fund
  • Fund Family Name Oakmark
  • Inception Date Sep 30, 1992
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager David G. Herro

Fund Description

The Oakmark International Fund Class I (OAKIX) is a low-cost, actively managed fund that seeks to grow invested capital. The fund focuses its attention on large- and mid-cap stocks of foreign companies. However, it may invest in smaller firms that are deemed worthy after fundamental analysis. OAKIX’s managers use a bottom-up approach to seek undervalued growth stocks. Additionally, the fund is considered a high-conviction fund, meaning it will only own a small number of stocks at any one time.

OAKIX’s focus on riskier international stocks, along with its high-conviction nature, makes it suitable as a satellite position in a broader portfolio. The fund is managed by Harris Associates L.P.

OAKIX - Performance

Return Ranking - Trailing

Period OAKIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 27.1% -30.0% 30.9% 1.29% 1
1 Yr 30.7% -25.1% 35.6% 0.28% 1
3 Yr 6.4% * -7.3% 13.6% 1.53% 1
5 Yr 12.6% * -10.0% 12.6% 0.16% 1
10 Yr 5.8% * -5.5% 7.0% 1.41% 1

* Annualized


Return Ranking - Calendar

Period OAKIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.3% -13.9% 238.9% 3.12% 1
2015 -8.5% -27.8% 7.2% 80.40% 5
2014 -11.3% -27.8% 21.2% 79.21% 5
2013 25.8% -4.3% 36.9% 6.09% 1
2012 26.5% -100.0% 29.1% 1.66% 1

Total Return Ranking - Trailing

Period OAKIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 27.1% -30.0% 30.9% 1.29% 1
1 Yr 30.7% -17.4% 98.5% 0.28% 1
3 Yr 6.4% * -8.7% 24.3% 1.53% 1
5 Yr 12.6% * -10.0% 12.6% 0.16% 1
10 Yr 5.8% * -5.5% 7.0% 1.21% 1

* Annualized


Total Return Ranking - Calendar

Period OAKIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.3% -10.4% 238.9% 3.86% 1
2015 -3.8% -26.7% 8.5% 76.44% 4
2014 -5.8% -16.2% 25.7% 52.86% 3
2013 35.2% -2.0% 43.5% 0.87% 1
2012 38.4% -100.0% 64.7% 2.21% 1

NAV & Total Return History

OAKIX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

OAKIX Category Low Category High OAKIX % Rank Quintile
Net Assets 38.3 B 988 K 300 B 0.85% 1
Number of Holdings 85 1 8219 18.30% 4
Net Assets in Top 10 13.1 B 515 K 29.8 B 0.57% 1
Weighting of Top 10 37.6% 3.6% 359.5% 5.11% 1

Top 10 Holdings

  1. Credit Suisse Group AG 4.56%
  2. BNP Paribas 3.83%
  3. Daimler AG 4.13%
  4. Glencore PLC 5.15%
  5. CNH Industrial NV 3.06%
  6. Allianz SE 3.64%
  7. Lloyds Banking Group PLC 3.81%
  8. Hennes & Mauritz AB B 3.19%
  9. Toyota Motor Corp 3.27%
  10. Bayerische Motoren Werke AG 3.02%

Asset Allocation

Weighting Category Low Category High OAKIX % Rank Quintile
Stocks
92.99% 0.47% 114.84% 23.40% 4
Other
5.11% -1.53% 105.35% 3.26% 1
Cash
1.90% -161.71% 28.94% 15.32% 3
Preferred Stocks
0.00% 0.00% 2.24% 5.11% 5
Convertible Bonds
0.00% 0.00% 2.07% 1.56% 5
Bonds
0.00% 0.00% 155.88% 5.67% 5

Stock Sector Breakdown

Weighting Category Low Category High OAKIX % Rank Quintile
Financial Services
30.34% 0.00% 36.51% 0.71% 1
Consumer Cyclical
25.80% 0.00% 29.95% 0.85% 1
Industrials
17.09% 0.00% 28.12% 2.70% 1
Basic Materials
9.12% 0.00% 22.47% 5.96% 1
Consumer Defense
5.15% 0.02% 33.06% 27.66% 5
Technology
4.49% 0.00% 28.76% 28.23% 5
Healthcare
1.00% 0.00% 25.96% 29.08% 5
Utilities
0.00% 0.00% 15.86% 21.70% 5
Real Estate
0.00% 0.00% 7.91% 23.55% 5
Energy
0.00% 0.00% 15.65% 26.81% 5
Communication Services
0.00% 0.00% 23.20% 27.52% 5

Stock Geographic Breakdown

Weighting Category Low Category High OAKIX % Rank Quintile
Non US
87.65% 0.00% 103.25% 23.26% 4
US
5.34% -0.21% 99.90% 7.94% 2

OAKIX - Expenses

Operational Fees

OAKIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.00% 0.00% 9.78% 26.10% 2
Management Fee 0.84% 0.00% 1.34% 2.98% 4
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.50% N/A N/A

Sales Fees

OAKIX Fees (% of AUM) Category Low Category High OAKIX Rank Quintile
Front Load N/A 0.10% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

OAKIX Fees (% of AUM) Category Low Category High OAKIX Rank Quintile
Max Redemption Fee N/A 0.10% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

OAKIX Fees (% of AUM) Category Low Category High OAKIX Rank Quintile
Turnover 44.00% 0.00% 733.00% 9.93% 3

OAKIX - Distributions

Dividend Yield Analysis

OAKIX Category Low Category High OAKIX % Rank Quintile
Dividend Yield 0.4% 0.00% 2.51% 15.87% 1

Dividend Distribution Analysis

OAKIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

OAKIX Category Low Category High OAKIX % Rank Quintile
Net Income Ratio 1.72% -0.92% 5.86% 17.73% 2

Capital Gain Distribution Analysis

OAKIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

OAKIX - Managers

David G. Herro

Manager

Start Date

Sep 30, 1992

Tenure

24.93

Tenure Rank

0.2%

David Herro has been a manager of the Oakmark International Fund (OAKIX) since 1992, the Oakmark International Small Cap Fund (OAKEX) since 1995. He is also the Chief Investment Officer for International Equities at Harris Associates, which he joined in 1992. His career honors include being named Morningstar's International Stock Fund Manager of the Year in 2006 and International Stock Fund Manager of the Decade for 2000-09. Mr. Herro has an M.A. in Economics from the University of Wisconsin-Milwaukee (1985) and a B.S. in Business/Economics from the University of Wisconsin-Platteville (1983).


Michael L. Manelli

Manager

Start Date

Nov 30, 2016

Tenure

0.75

Tenure Rank

12.9%

Michael L.Manelli, CFA Mike Manelli has been a manager of the Oakmark International Small Cap Fund (OAKEX) since 2011. He is also an Investment Analyst on the International Research team at Harris Associates, which he joined in 2005 after working as a Research Associate/Analyst at Morgan Stanley. He received a B.B.A. from the University of Iowa (2000).


Tenure Analysis

Category Low

0.0

Category High

25.7

Category Average

6.29

Category Mode

2.7