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OAKMX Oakmark I

  • Fund
  • OAKMX
  • Price as of: Dec 07, 2016
  • $73.10
  • + $1.06
  • + 1.47%
  • Category
  • Large Cap Blend Equities

OAKMX - Profile

Vitals

  • YTD Return 16.3%
  • 3 Yr Annualized Return 4.1%
  • 5 Yr Annualized Return 11.5%
  • Net Assets $14.8 B
  • Holdings in Top 10 29.3%

52 WEEK LOW AND HIGH

$73.10
$54.23
$73.17

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

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

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 16.3%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 18.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.14%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Oakmark Fund
  • Fund Family Name Oakmark
  • Inception Date Aug 05, 1991
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Kevin G. Grant

Fund Description

The Oakmark Fund (OAKMX) is designed for long-term capital appreciation by investing primarily in large cap U.S. equities. The fund benchmarks itself against the S&P 500 Total Return Index (which is simply the S&P 500 combined with its dividend income). Rather than spread its exposure across 500 stocks, OAKMX tends to invest in a relatively small number of securities, as it tries to pick the best stocks for capital appreciation. There are pros and cons to this strategy. The upside is that if one or a few stocks do well, they have a big impact on the overall fund and push it higher. But that process works in reverse if a few select holdings perform poorly.

Because this fund tends to invest in a low amount of securities, it likely would never be a core holding in a portfolio, but rather a complement to an already-diversified strategy. OAKMX is managed by William C. Nygren and Kevin Grant who combine to provide more than 50 years of experience in the investing world. The fund charges 95 basis points for investment and maintains a minimum investment threshold of just $1,000, making it easily accessible to all investors.

OAKMX - Performance

Return Ranking - Trailing

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 16.3% -82.7% 187.8% 1.76% 1
1 Yr 11.4% -51.7% 28.0% 4.39% 1
3 Yr 4.1% * -14.4% 16.8% 78.29% 4
5 Yr 11.5% * -1.0% 19.1% 70.45% 4
10 Yr 4.3% * -0.2% 10.6% 84.19% 5

* Annualized


Return Ranking - Calendar

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.3% -46.9% 5.7% 41.17% 3
2014 4.3% -51.7% 19.5% 46.98% 3
2013 31.1% -88.0% 41.8% 21.86% 2
2012 16.4% -100.0% 42.8% 8.74% 1
2011 0.9% -27.1% 13.3% 13.03% 1

Total Return Ranking - Trailing

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 16.3% -82.7% 192.1% 2.05% 1
1 Yr 12.9% -52.5% 142.7% 2.86% 1
3 Yr 9.0% * -5.3% 57.6% 7.04% 1
5 Yr 18.1% * -1.0% 19.1% 0.84% 1
10 Yr 9.7% * -0.2% 10.6% 1.07% 1

* Annualized


Total Return Ranking - Calendar

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.0% -40.3% 13.0% 72.29% 4
2014 12.6% -24.8% 54.2% 53.94% 3
2013 44.9% -93.4% 1119.1% 28.92% 2
2012 27.7% -100.0% 282.8% 16.86% 1
2011 2.4% -43.5% 45.5% 21.99% 2

NAV & Total Return History

OAKMX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

OAKMX Category Low Category High OAKMX % Rank Quintile
Net Assets 14.8 B 9.87 K 482 B 1.65% 1
Number of Holdings 51 1 3780 15.68% 4
Net Assets in Top 10 4.34 B 13.1 K 69.4 B 1.37% 1
Weighting of Top 10 29.3% 2.2% 297.1% 17.05% 2

Top 10 Holdings

  1. Bank of America Corporation 3.42%
  2. American International Group Inc 2.84%
  3. Citigroup Inc 3.07%
  4. JPMorgan Chase & Co 2.75%
  5. General Electric Co 2.85%
  6. Intel Corp 2.59%
  7. Alphabet Inc C 3.42%
  8. Apache Corp 3.21%
  9. Mastercard Inc A 2.66%
  10. Visa Inc Class A 2.51%

Asset Allocation

Weighting Category Low Category High OAKMX % Rank Quintile
Stocks
94.57% 0.00% 118.62% 20.03% 4
Cash
5.43% -113.00% 132.07% 7.19% 1
Other
0.00% -81.75% 100.00% 11.29% 5
Convertible Bonds
0.00% 0.00% 83.08% 1.87% 5
Preferred Stocks
0.00% 0.00% 90.60% 3.67% 5
Bonds
0.00% -13.88% 111.67% 7.75% 5

Stock Sector Breakdown

Weighting Category Low Category High OAKMX % Rank Quintile
Financial Services
36.01% 0.00% 46.84% 0.43% 1
Technology
19.93% 0.00% 63.16% 7.86% 2
Industrials
14.05% 0.00% 48.43% 6.13% 1
Consumer Cyclical
9.06% 0.00% 47.61% 22.57% 4
Energy
7.58% -3.67% 22.58% 8.87% 2
Healthcare
3.56% 0.00% 30.94% 29.34% 5
Consumer Defense
3.05% 0.00% 48.03% 27.11% 5
Communication Services
1.32% -3.08% 17.25% 20.91% 5
Utilities
0.00% -3.74% 25.88% 19.75% 5
Real Estate
0.00% -0.11% 12.73% 19.90% 5
Basic Materials
0.00% 0.00% 23.55% 22.86% 5

Stock Geographic Breakdown

Weighting Category Low Category High OAKMX % Rank Quintile
US
90.70% 0.00% 118.15% 20.72% 4
Non US
3.87% -0.64% 94.30% 13.45% 2

OAKMX - Expenses

Operational Fees

OAKMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.89% 0.02% 303.36% 15.87% 2
Management Fee 0.72% 0.00% 2.25% 2.44% 4
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

OAKMX Fees (% of AUM) Category Low Category High OAKMX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

OAKMX Fees (% of AUM) Category Low Category High OAKMX Rank Quintile
Max Redemption Fee N/A 0.15% 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.

OAKMX Fees (% of AUM) Category Low Category High OAKMX Rank Quintile
Turnover 20.00% 0.00% 1754.00% 13.57% 2

OAKMX - Distributions

Dividend Yield Analysis

OAKMX Category Low Category High OAKMX % Rank Quintile
Dividend Yield 0.3% 0.00% 11.20% 19.06% 2

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

OAKMX Category Low Category High OAKMX % Rank Quintile
Net Income Ratio 1.14% -2.05% 3.95% 10.17% 3

Capital Gain Distribution Analysis

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

OAKMX - Managers

Kevin G. Grant

Manager

Start Date

Mar 21, 2000

Tenure

16.62

Tenure Rank

1.9%

KevinGrant, CFA Kevin Grant has been a manager of the Oakmark Fund (OAKMX) since 2000. He is also an Investment Analyst on the U.S. Research team at Harris Associates, which he joined in 1988. Mr. Grant earned an M.B.A. from Loyola University of Chicago (1991) and a B.S. in Computer Science from the University of Wisconsin (1987).


William C. Nygren

Manager

Start Date

Mar 21, 2000

Tenure

16.62

Tenure Rank

1.9%

William C.Nygren, CFA joined Harris Associates in 1983 and served as the firm's Director of Research from 1990 to 1998. Mr. Nygren has received many accolades during his investment career, including being named Morningstar's Domestic Stock Manager of the Year for 2001. He holds an M.S. in Finance from the University of Wisconsin's Applied Security Analysis Program (1981) and a B.S. in Accounting from the University of Minnesota (1980).


Tenure Analysis

Category Low

0.0

Category High

81.1

Category Average

6.08

Category Mode

1.9