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OAKMX Oakmark Investor

  • Fund
  • OAKMX
  • Price as of: Dec 07, 2018
  • $77.37
  • - $2.17
  • - 2.73%
  • Category
  • Large Cap Blend Equities

OAKMX - Profile

Vitals

  • YTD Return -8.3%
  • 3 Yr Annualized Return 10.4%
  • 5 Yr Annualized Return 9.0%
  • Net Assets $19.2 B
  • Holdings in Top 10 26.5%

52 WEEK LOW AND HIGH

$77.37
$77.37
$91.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

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

BROKERAGE FEES

  • Turnover 19.00%

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 -8.3%
  • 3 Yr Annualized Total Return 10.4%
  • 5 Yr Annualized Total Return 9.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.91%
DIVIDENDS
  • Dividend Yield 0.4%
  • 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 -8.3% -92.6% 503.0% 75.11% 5
1 Yr -0.7% -51.7% 28.0% 78.62% 4
3 Yr 10.4% * -20.3% 17.6% 36.60% 2
5 Yr 9.0% * -8.9% 15.4% 54.55% 3
10 Yr 15.7% * 1.4% 20.9% 3.21% 1

* Annualized


Return Ranking - Calendar

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 16.3% -37.7% 34.8% 19.89% 2
2016 15.3% -41.8% 186.3% 1.19% 1
2015 -5.3% -51.7% 38.1% 46.53% 3
2014 4.3% -31.3% 42.8% 49.87% 3
2013 31.1% -88.0% 41.8% 20.97% 2

Total Return Ranking - Trailing

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -8.3% -100.0% 503.0% 74.73% 5
1 Yr -0.7% -52.5% 142.7% 71.87% 4
3 Yr 10.4% * -20.3% 57.6% 33.23% 2
5 Yr 9.0% * -8.9% 15.4% 50.65% 3
10 Yr 15.7% * 1.4% 20.9% 2.71% 1

* Annualized


Total Return Ranking - Calendar

Period OAKMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 16.3% -36.6% 34.8% 19.94% 2
2016 15.3% -27.9% 190.6% 2.45% 1
2015 -4.0% -40.3% 100.1% 76.70% 5
2014 12.6% -24.8% 1119.1% 56.14% 3
2013 44.9% -93.4% 176.6% 27.32% 2

NAV & Total Return History

OAKMX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

OAKMX Category Low Category High OAKMX % Rank Quintile
Net Assets 19.2 B 9.87 K 708 B 1.51% 1
Number of Holdings 67 1 3780 14.89% 4
Net Assets in Top 10 5.67 B -639 M 126 B 1.37% 1
Weighting of Top 10 26.5% 2.2% 375.3% 22.73% 3

Top 10 Holdings

  1. Bank of America Corporation 2.47%
  2. Citigroup Inc 3.19%
  3. Alphabet Inc Class C 3.11%
  4. Apple Inc 2.93%
  5. American International Group Inc 2.43%
  6. CVS Health Corp 2.68%
  7. HCA Healthcare Inc 2.54%
  8. Visa Inc Class A 2.40%
  9. Regeneron Pharmaceuticals Inc 2.38%
  10. Automatic Data Processing Inc 2.33%

Asset Allocation

Weighting Category Low Category High OAKMX % Rank Quintile
Stocks
95.86% -2.43% 193.32% 18.31% 4
Cash
4.14% -172.04% 132.07% 8.27% 2
Preferred Stocks
0.00% 0.00% 88.99% 3.60% 5
Other
0.00% -81.75% 100.00% 8.99% 5
Convertible Bonds
0.00% -0.05% 5.05% 2.45% 5
Bonds
0.00% -94.35% 169.09% 7.32% 5

Stock Sector Breakdown

Weighting Category Low Category High OAKMX % Rank Quintile
Financial Services
27.27% 0.00% 48.58% 2.02% 1
Technology
17.94% -10.25% 64.09% 19.11% 3
Healthcare
14.27% 0.00% 33.17% 13.77% 3
Consumer Cyclical
11.12% 0.00% 52.21% 16.44% 3
Industrials
10.54% 0.00% 38.25% 14.85% 2
Consumer Defense
5.75% 0.00% 53.09% 21.56% 4
Energy
5.27% -3.37% 100.00% 17.38% 4
Communication Services
3.71% -0.78% 17.25% 8.15% 2
Utilities
0.00% -1.65% 32.10% 20.69% 5
Real Estate
0.00% -0.12% 12.35% 20.40% 5
Basic Materials
0.00% -0.88% 36.20% 22.86% 5

Stock Geographic Breakdown

Weighting Category Low Category High OAKMX % Rank Quintile
US
87.05% -2.43% 189.38% 23.60% 4
Non US
8.81% -1.33% 93.70% 8.42% 2

OAKMX - Expenses

Operational Fees

OAKMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.90% 0.00% 303.36% 16.32% 2
Management Fee 0.72% 0.00% 2.25% 2.51% 4
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.85% 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 19.00% 0.00% 1754.00% 14.58% 2

OAKMX - Distributions

Dividend Yield Analysis

OAKMX Category Low Category High OAKMX % Rank Quintile
Dividend Yield 0.4% 0.00% 14.60% 19.31% 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 0.91% -1.94% 3.95% 11.70% 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

18.71

Tenure Rank

1.4%

Kevin Grant is a Partner, Portfolio Manager and U.S. Investment Analyst at Harris Associates L.P. He joined Harris Associates in 1988 and has 25 years of investment experience. Mr. Grant received his BS from the University of Wisconsin – Madison in 1987 and his MBA from Loyola University in 1991. He is a CFA® charterholder.


William C. Nygren

Manager

Start Date

Mar 21, 2000

Tenure

18.71

Tenure Rank

1.4%

William Nygren is a Partner and Portfolio Manager at Harris Associates L.P. He joined Harris Associates in 1983 as an investment analyst and later served as the firm’s director of research. Previously, he was an investment analyst with Northwestern Mutual Life Insurance Company. Mr. Nygren earned a BS in accounting from the University of Minnesota (1980) and an MS in finance from the University of Wisconsin – Madison’s Applied Security Analysis Program (1981). He is a CFA® charterholder.


Tenure Analysis

Category Low

0.0

Category High

83.0

Category Average

6.64

Category Mode

0.5