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OAKMX Oakmark Investor

  • Fund
  • OAKMX
  • Price as of: Oct 23, 2017
  • $84.03
  • - $0.45
  • - 0.53%
  • Category
  • Large Cap Blend Equities

OAKMX - Profile

Vitals

  • YTD Return 15.9%
  • 3 Yr Annualized Return 10.4%
  • 5 Yr Annualized Return 15.4%
  • Net Assets $18.8 B
  • Holdings in Top 10 26.6%

52 WEEK LOW AND HIGH

$84.03
$67.10
$84.48

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 15.9%
  • 3 Yr Annualized Total Return 10.4%
  • 5 Yr Annualized Total Return 15.4%
  • 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 15.9% -92.6% 31.0% 22.69% 2
1 Yr 23.8% -51.7% 43.3% 2.42% 1
3 Yr 10.4% * -14.4% 16.3% 18.09% 1
5 Yr 15.4% * -0.6% 17.9% 2.16% 1
10 Yr 9.6% * 0.9% 14.4% 1.46% 1

* Annualized


Return Ranking - Calendar

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 15.3% -37.7% 186.3% 1.14% 1
2015 -5.3% -46.9% 11.2% 42.99% 3
2014 4.3% -51.7% 38.1% 48.67% 3
2013 31.1% -88.0% 42.8% 21.84% 2
2012 16.4% -100.0% 25.9% 8.71% 1

Total Return Ranking - Trailing

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 15.9% -92.6% 31.0% 22.64% 2
1 Yr 23.8% -52.5% 142.7% 2.27% 1
3 Yr 10.4% * -5.3% 57.6% 16.88% 1
5 Yr 15.4% * -0.6% 17.9% 1.89% 1
10 Yr 9.6% * 0.9% 14.4% 1.46% 1

* Annualized


Total Return Ranking - Calendar

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 15.3% -36.6% 190.6% 1.83% 1
2015 -4.0% -40.3% 20.1% 75.10% 4
2014 12.6% -24.8% 100.1% 55.07% 3
2013 44.9% -93.4% 1119.1% 28.35% 2
2012 27.7% -100.0% 282.8% 16.60% 1

NAV & Total Return History

OAKMX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

OAKMX Category Low Category High OAKMX % Rank Quintile
Net Assets 18.8 B 9.87 K 621 B 1.29% 1
Number of Holdings 56 1 3780 15.76% 4
Net Assets in Top 10 4.73 B 13.1 K 95.8 B 1.37% 1
Weighting of Top 10 26.6% 2.3% 269.3% 20.29% 3

Top 10 Holdings

  1. Bank of America Corporation 2.64%
  2. American International Group Inc 2.46%
  3. Citigroup Inc 3.62%
  4. JPMorgan Chase & Co 2.43%
  5. Alphabet Inc C 3.33%
  6. Visa Inc Class A 2.45%
  7. Apple Inc 2.42%
  8. Oracle Corp 2.47%
  9. FedEx Corp 2.42%
  10. State Street Corporation 2.37%

Asset Allocation

Weighting Category Low Category High OAKMX % Rank Quintile
Stocks
95.34% 0.00% 147.19% 18.09% 4
Cash
4.38% -112.50% 132.07% 8.49% 1
Other
0.28% -81.75% 100.00% 10.43% 2
Preferred Stocks
0.00% -0.39% 88.99% 3.60% 5
Convertible Bonds
0.00% 0.00% 71.30% 1.94% 5
Bonds
0.00% -49.59% 110.36% 7.25% 5

Stock Sector Breakdown

Weighting Category Low Category High OAKMX % Rank Quintile
Financial Services
32.90% 0.00% 78.59% 0.87% 1
Technology
18.63% 0.00% 41.58% 15.72% 3
Industrials
13.02% 0.00% 34.96% 7.14% 1
Consumer Cyclical
10.47% 0.00% 47.61% 17.74% 3
Consumer Defense
6.42% -0.12% 55.88% 20.33% 4
Healthcare
6.40% 0.00% 43.34% 28.05% 5
Energy
5.12% -3.37% 24.97% 17.09% 3
Communication Services
2.37% -0.78% 17.35% 16.01% 4
Utilities
0.00% -1.65% 32.10% 20.62% 5
Real Estate
0.00% -35.19% 11.80% 19.32% 5
Basic Materials
0.00% -0.88% 26.23% 24.01% 5

Stock Geographic Breakdown

Weighting Category Low Category High OAKMX % Rank Quintile
US
87.53% 0.00% 100.18% 23.96% 4
Non US
7.81% -1.33% 88.51% 9.06% 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% 16.51% 2
Management Fee 0.74% 0.00% 2.25% 2.37% 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 0.00% 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% 13.34% 2

OAKMX - Distributions

Dividend Yield Analysis

OAKMX Category Low Category High OAKMX % Rank Quintile
Dividend Yield 0.3% 0.00% 11.20% 19.09% 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% -1.94% 3.78% 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

17.54

Tenure Rank

1.4%

Kevin Grant is Co-Chairman, Portfolio Manager and U.S. Investment Analyst at Harris Associates L.P. He is a Portfolio Manager of the Oakmark Fund and joined Harris Associates in 1988. Kevin has an MBA from Loyola University and a BS from the University of Wisconsin-Madison.


William C. Nygren

Manager

Start Date

Mar 21, 2000

Tenure

17.54

Tenure Rank

1.4%

William Nygren is a Vice President, Chief Investment Officer-U.S. Equities, Portfolio Manager and U.S. Investment Analyst at Harris Associates L.P. He is a Portfolio Manager of the Oakmark Fund, the Oakmark Select Fund and the Oakmark Global Select Fund. Prior to joining Harris Associates in 1983, William was an Investment Analyst with Northwestern Mutual Life Insurance Co. He has an MS from the University of Wisconsin-Madison and a BS from the University of Minnesota.


Tenure Analysis

Category Low

0.0

Category High

81.9

Category Average

6.19

Category Mode

2.8