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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Oakmark Global Fund

OAKGX | Fund

$32.83

$1.32 B

0.66%

$0.22

1.13%

Vitals

YTD Return

14.6%

1 yr return

-7.5%

3 Yr Avg Return

4.5%

5 Yr Avg Return

-0.1%

Net Assets

$1.32 B

Holdings in Top 10

41.2%

52 WEEK LOW AND HIGH

$32.5
$24.79
$35.04

Expenses

OPERATING FEES

Expense Ratio 1.13%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Oakmark Global Fund

OAKGX | Fund

$32.83

$1.32 B

0.66%

$0.22

1.13%

OAKGX - Profile

Distributions

  • YTD Total Return 14.6%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.31%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Oakmark Global Fund
  • Fund Family Name
    Oakmark
  • Inception Date
    Aug 04, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Clyde McGregor

Fund Description

The Fund invests primarily in a diversified portfolio of common stocks of U.S. and non-U.S. companies. The Fund invests in the securities of companies located in at least three countries. Typically, the Fund invests between 25-75% of its total assets in securities of U.S. companies and between 25-75% of its total assets in securities of non-U.S. companies. In determining whether an issuer is a U.S. or non-U.S. company, the Fund considers various factors including its country of domicile, the primary stock exchange on which it trades, the location from which the majority of its revenue comes, and its reporting currency. There are no geographic limits on the Fund's non-U.S. investments, and the Fund may invest in securities of companies located in developed or emerging markets. The Fund considers emerging markets to be markets located in countries classified as emerging or frontier markets by MSCI, and are generally located in the AsiaPacific region, Eastern Europe, the Middle East, Central and South America, and Africa. The Fund may invest in the securities of large-, mid-, and small-capitalization companies.

The Fund uses a value investment philosophy in selecting equity securities. This value investment philosophy is based upon the belief that, over time, a company's stock price converges with the Adviser's estimate of the company's intrinsic value. By "intrinsic value," the Adviser means its estimate of the price a knowledgeable buyer would pay to acquire the entire business. The Adviser believes that investing in securities priced significantly below what it believes is a company's intrinsic value presents the best opportunity to achieve the Fund's investment objective. A company trading below its estimated intrinsic value is sometimes referred to as trading at a discount.

The Adviser uses this value investment philosophy to identify companies that have discounted stock prices compared to what the Adviser believes are the companies' intrinsic values. In assessing such companies, the Adviser looks for the following characteristics, although the companies selected may not have all of these

attributes: (1) free cash flows; (2) earnings that are growing and are reasonably predictable; and (3) high level of company management ownership.

Key Tenets of the Oakmark Value Investment Philosophy:

1.  Buy businesses that are trading at a significant discount to the Adviser's estimate of the company's intrinsic value. At the time the Adviser buys a company, the Adviser wants the company's stock to be inexpensive relative to what it believes the entire business is worth.

2.  Invest with companies expected to grow shareholder value over time. Value investors can sometimes fall into the trap of buying a stock that is inexpensive for a reason—because the company just does not grow. The Adviser looks for businesses that are expected to achieve a combination of dividend yield and per-share growth in business value that is above-average.

3.  Invest with management teams that think and act as owners. The Adviser seeks out companies with management teams that understand the dynamics of per share value growth and are focused on achieving such growth. Stock ownership and incentives that align managements' interests with those of shareholders are key components of this analysis.

In making its investment decisions, the Adviser uses a "bottom-up" approach focused on individual companies, rather than focusing on specific economic factors or specific industries. To facilitate its selection of investments that meet the criteria described above, the Adviser uses independent, in-house research to analyze each company. As part of this selection process, the Adviser's analysts typically visit companies and conduct other research on the companies and their industries.

Once the Adviser identifies a stock that it believes is selling at a significant discount to the Adviser's estimated intrinsic value and that the company has one or more of the additional qualities mentioned above, the Adviser may consider buying that stock for the Fund. The Adviser usually sells a stock when the price approaches its estimated intrinsic value. This means the Adviser sets specific "buy" and "sell" targets for each stock the Fund holds. The Adviser monitors each portfolio holding and adjusts these price targets as warranted to reflect changes in a company's fundamentals.

The Adviser believes that holding a relatively small number of stocks allows its "best ideas" to have a meaningful impact on the Fund's performance. Therefore, the Fund's portfolio typically holds thirty to sixty stocks rather than hundreds, and as a result, a higher percentage of the Fund's total assets may at times be invested in a particular region, sector or industry.

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OAKGX - Performance

Return Ranking - Trailing

Period OAKGX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.6% -35.6% 29.2% 2.57%
1 Yr -7.5% 17.3% 252.4% 4.55%
3 Yr 4.5%* -3.5% 34.6% 71.05%
5 Yr -0.1%* 0.1% 32.7% 50.07%
10 Yr 2.6%* -6.9% 18.3% 60.85%

* Annualized

Return Ranking - Calendar

Period OAKGX Return Category Return Low Category Return High Rank in Category (%)
2022 -17.5% -24.3% 957.1% 65.37%
2021 4.2% -38.3% 47.1% 31.48%
2020 2.9% -54.2% 0.6% 96.10%
2019 5.7% -76.0% 54.1% 54.32%
2018 -6.6% -26.1% 47.8% 38.44%

Total Return Ranking - Trailing

Period OAKGX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.6% -35.6% 29.2% 2.57%
1 Yr -7.5% 11.4% 252.4% 4.55%
3 Yr 4.5%* -3.5% 34.6% 68.37%
5 Yr 2.6%* 0.1% 32.7% 48.46%
10 Yr 6.4%* -6.9% 18.3% 59.18%

* Annualized

Total Return Ranking - Calendar

Period OAKGX Return Category Return Low Category Return High Rank in Category (%)
2022 -17.5% -24.3% 957.1% 65.37%
2021 4.2% -33.1% 47.1% 31.73%
2020 2.9% -44.4% 1.8% 84.66%
2019 5.7% -6.5% 54.1% 24.01%
2018 -4.1% -14.4% 47.8% 46.73%

NAV & Total Return History


OAKGX - Holdings

Concentration Analysis

OAKGX Category Low Category High OAKGX % Rank
Net Assets 1.32 B 199 K 133 B 23.79%
Number of Holdings 53 1 9075 64.32%
Net Assets in Top 10 586 M -18 M 37.6 B 23.57%
Weighting of Top 10 41.18% 9.1% 100.0% 25.40%

Top 10 Holdings

  1. Alphabet Inc Class A 6.76%
  2. Alphabet Inc Class C 5.67%
  3. Lloyds Banking Group PLC 5.26%
  4. Lloyds Banking Group PLC 5.26%
  5. Lloyds Banking Group PLC 5.26%
  6. Lloyds Banking Group PLC 5.26%
  7. Lloyds Banking Group PLC 5.26%
  8. Lloyds Banking Group PLC 5.26%
  9. Lloyds Banking Group PLC 5.26%
  10. Lloyds Banking Group PLC 5.26%

Asset Allocation

Weighting Return Low Return High OAKGX % Rank
Stocks
97.89% 61.84% 125.47% 60.46%
Cash
2.11% -174.70% 23.12% 35.90%
Preferred Stocks
0.00% -0.01% 5.28% 69.82%
Other
0.00% -13.98% 19.14% 72.80%
Convertible Bonds
0.00% 0.00% 4.46% 66.52%
Bonds
0.00% -1.50% 161.67% 67.84%

Stock Sector Breakdown

Weighting Return Low Return High OAKGX % Rank
Financial Services
23.46% 0.00% 38.42% 4.07%
Communication Services
18.69% 0.00% 57.66% 11.01%
Consumer Cyclical
14.82% 0.00% 40.94% 18.39%
Healthcare
12.99% 0.00% 35.42% 64.87%
Technology
11.72% 0.00% 49.87% 90.53%
Industrials
10.10% 0.00% 44.06% 24.78%
Consumer Defense
3.47% 0.00% 73.28% 85.35%
Basic Materials
2.70% 0.00% 38.60% 70.04%
Energy
2.06% 0.00% 21.15% 54.30%
Utilities
0.00% 0.00% 29.12% 92.18%
Real Estate
0.00% 0.00% 39.48% 92.73%

Stock Geographic Breakdown

Weighting Return Low Return High OAKGX % Rank
Non US
49.87% 0.58% 99.46% 12.89%
US
48.02% 0.13% 103.82% 81.94%

OAKGX - Expenses

Operational Fees

OAKGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.01% 44.27% 45.84%
Management Fee 0.82% 0.00% 1.82% 79.76%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

OAKGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

OAKGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

OAKGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 395.00% 27.18%

OAKGX - Distributions

Dividend Yield Analysis

OAKGX Category Low Category High OAKGX % Rank
Dividend Yield 0.66% 0.00% 3.26% 65.97%

Dividend Distribution Analysis

OAKGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

OAKGX Category Low Category High OAKGX % Rank
Net Income Ratio 0.31% -4.27% 12.65% 72.05%

Capital Gain Distribution Analysis

OAKGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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OAKGX - Fund Manager Analysis

Managers

Clyde McGregor


Start Date

Tenure

Tenure Rank

Oct 29, 2003

18.6

18.6%

Clyde S. McGregor, CFA, is a Vice President and portfolio manager of Harris Associates L.P.. He joined Harris Associates L.P. in 1981. In 2011, Mr. McGregor became the first recipient of the Lipper Award for Fund Excellence, presented to investment managers for achievements over their career. He holds an M.B.A. in Finance from the University of Wisconsin (1977) and a B.A. in Economics and Religion from Oberlin College (1974).

David Herro


Start Date

Tenure

Tenure Rank

Jul 29, 2016

5.84

5.8%

David Herro is the Chief Investment Officer – International Equities at Harris Associates L.P. and serves as a Deputy Chairman and a Portfolio Manager of a number of Oakmark funds. Mr. Herro has been managing international portfolios since 1986, previously managing international portfolios for The State of Wisconsin Investment Board and The Principal Financial Group. Mr. Herro, who joined Harris Associates in 1992, holds a BS in business and economics from the University of Wisconsin – Platteville (1983) and an MA in economics from the University of Wisconsin – Milwaukee (1985).

Jason Long


Start Date

Tenure

Tenure Rank

Nov 30, 2016

5.5

5.5%

Mr.Long is a Vice President, portfolio manager and analyst of Harris Associates L.P., he joined Harris Associates L.P. in 2011.

Anthony Coniaris


Start Date

Tenure

Tenure Rank

Nov 30, 2016

5.5

5.5%

Anthony P. Coniaris, is the Co-Chairman, Portfolio Manager and an Analyst at Harris. He started at Harris Associates as a Research Associate in 1999 and became an analyst in 2003. He received an M.B.A. from Northwestern University (2005) and a B.A. in Business/Economics from Wheaton College (1999).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25