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OAKIX Oakmark International Investor

  • Fund
  • OAKIX
  • Price as of: Dec 08, 2016
  • $23.07
  • - $0.04
  • - 0.17%
  • Category
  • Foreign Large Cap Blend Equities

OAKIX - Profile

Vitals

  • YTD Return 8.0%
  • 3 Yr Annualized Return -1.5%
  • 5 Yr Annualized Return 9.4%
  • Net Assets $24.4 B
  • Holdings in Top 10 35.8%

52 WEEK LOW AND HIGH

$23.07
$17.83
$23.11

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 8.0%
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return 9.4%
  • 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 8.0% -30.0% 238.9% 2.87% 1
1 Yr 1.6% -25.1% 35.6% 6.83% 1
3 Yr -1.5% * -10.6% 13.6% 31.92% 2
5 Yr 9.4% * -10.0% 11.8% 1.67% 1
10 Yr 4.1% * -5.5% 6.1% 2.37% 1

* Annualized


Return Ranking - Calendar

Period OAKIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -8.5% -27.8% 7.2% 81.28% 5
2014 -11.3% -27.8% 3.8% 79.37% 5
2013 25.8% -4.3% 36.9% 6.00% 1
2012 26.5% -100.0% 29.1% 1.66% 1
2011 -14.7% -38.6% 0.5% 36.17% 3

Total Return Ranking - Trailing

Period OAKIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.0% -30.0% 238.9% 3.30% 1
1 Yr 1.6% -17.4% 98.5% 5.70% 1
3 Yr -1.5% * -11.7% 24.3% 27.39% 2
5 Yr 9.4% * -10.0% 11.8% 1.67% 1
10 Yr 4.1% * -5.5% 6.1% 2.37% 1

* Annualized


Total Return Ranking - Calendar

Period OAKIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.8% -26.7% 8.5% 75.78% 4
2014 -5.8% -16.2% 7.1% 52.22% 3
2013 35.2% -2.0% 43.5% 0.86% 1
2012 38.4% -100.0% 64.7% 2.21% 1
2011 -17.7% -43.1% 0.5% 76.98% 4

NAV & Total Return History

OAKIX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

OAKIX Category Low Category High OAKIX % Rank Quintile
Net Assets 24.4 B 988 K 224 B 1.13% 1
Number of Holdings 67 1 7586 19.57% 4
Net Assets in Top 10 8.47 B 515 K 25.1 B 0.71% 1
Weighting of Top 10 35.8% 3.6% 402.8% 5.25% 1

Top 10 Holdings

  1. Credit Suisse Group AG 5.10%
  2. BNP Paribas 3.67%
  3. Honda Motor Co Ltd 3.20%
  4. Daimler AG 3.38%
  5. Nomura Holdings Inc 2.63%
  6. Glencore PLC 5.14%
  7. Intesa Sanpaolo 3.19%
  8. CNH Industrial NV 2.88%
  9. Allianz SE 3.32%
  10. Lloyds Banking Group PLC 3.30%

Asset Allocation

Weighting Category Low Category High OAKIX % Rank Quintile
Stocks
95.32% 0.47% 127.59% 19.01% 4
Other
3.14% -0.11% 105.35% 2.84% 1
Cash
1.54% -161.71% 27.43% 16.45% 3
Convertible Bonds
0.00% 0.00% 4.89% 1.28% 5
Preferred Stocks
0.00% 0.00% 1.85% 4.54% 5
Bonds
0.00% 0.00% 155.88% 4.96% 5

Stock Sector Breakdown

Weighting Category Low Category High OAKIX % Rank Quintile
Financial Services
33.59% 0.00% 33.59% 0.14% 1
Consumer Cyclical
24.97% 0.00% 33.33% 0.85% 1
Industrials
18.16% 0.02% 29.18% 1.28% 1
Basic Materials
10.10% 0.00% 25.73% 3.40% 1
Technology
4.82% 0.01% 24.10% 26.52% 5
Consumer Defense
3.42% 0.00% 35.59% 27.66% 5
Healthcare
0.26% 0.00% 23.05% 27.09% 5
Communication Services
0.00% 0.00% 18.89% 26.10% 5
Energy
0.00% 0.00% 16.34% 26.10% 5
Real Estate
0.00% 0.00% 13.01% 23.69% 5
Utilities
0.00% 0.00% 17.44% 20.85% 5

Stock Geographic Breakdown

Weighting Category Low Category High OAKIX % Rank Quintile
Non US
92.89% 0.00% 115.04% 15.18% 3
US
2.43% 0.00% 127.59% 14.33% 3

OAKIX - Expenses

Operational Fees

OAKIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.00% 0.00% 9.75% 26.95% 2
Management Fee 0.84% 0.00% 1.54% 3.26% 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% 9.22% 3

OAKIX - Distributions

Dividend Yield Analysis

OAKIX Category Low Category High OAKIX % Rank Quintile
Dividend Yield 0.4% 0.00% 5.24% 17.82% 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% -1.15% 5.71% 15.18% 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

24.18

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

0.0

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

25.3

Category Average

6.19

Category Mode

1.9