Oakmark Equity and Income R6
- OAZBX
- Price as of: Apr 16, 2021
-
$34.71
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- Natixis Investment Managers
- Share Class
OAZBX - Snapshot
Vitals
- YTD Return 13.8%
- 3 Yr Annualized Return 10.1%
- 5 Yr Annualized Return 10.6%
- Net Assets $7.8 B
- Holdings in Top 10 37.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio N/A
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 15.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
OAZBX - Profile
Distributions
- YTD Total Return 13.8%
- 3 Yr Annualized Total Return 10.1%
- 5 Yr Annualized Total Return 10.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameOakmark Equity and Income Fund
-
Fund Family NameOakmark
-
Inception DateDec 15, 2020
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerClyde McGregor
Fund Description
The fund invests primarily in a diversified portfolio of U.S. equity and debt securities. It is intended to present a balanced investment program between growth and income by investing approximately 40-75% of its total assets in common stock, including securities convertible into common stock, and up to 60% of its total assets in debt securities issued by U.S. government or any of its agencies or instrumentalities, non U.S. governments, and corporate entities rated at the time of purchase within the two highest ratings assigned by Moody's Investors Service, Inc. or by S&P Global Ratings.
OAZBX - Performance
Return Ranking - Trailing
| Period | OAZBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.8% | -6.3% | 77.7% | 1.61% |
| 1 Yr | 53.8% | -5.2% | 150.3% | 1.78% |
| 3 Yr | 10.1%* | -1.3% | 30.7% | 41.91% |
| 5 Yr | 10.6%* | 0.6% | 26.0% | 28.89% |
| 10 Yr | 8.3%* | 1.3% | 16.5% | 46.14% |
* Annualized
Return Ranking - Calendar
| Period | OAZBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | N/A | -39.0% | 56.4% | N/A |
| 2019 | N/A | -5.8% | 25.7% | N/A |
| 2018 | N/A | -52.1% | 0.0% | N/A |
| 2017 | N/A | -6.5% | 32.7% | N/A |
| 2016 | N/A | -43.7% | 17.8% | N/A |
Total Return Ranking - Trailing
| Period | OAZBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.8% | -6.3% | 77.7% | 1.61% |
| 1 Yr | 53.8% | -5.2% | 150.3% | 1.78% |
| 3 Yr | 10.1%* | -1.3% | 30.7% | 38.43% |
| 5 Yr | 10.6%* | 0.6% | 26.0% | 26.06% |
| 10 Yr | 8.3%* | 1.3% | 16.5% | 43.31% |
* Annualized
Total Return Ranking - Calendar
| Period | OAZBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | N/A | -39.0% | 56.4% | N/A |
| 2019 | N/A | -5.8% | 25.7% | N/A |
| 2018 | N/A | -47.9% | 0.8% | N/A |
| 2017 | N/A | -3.7% | 56.2% | N/A |
| 2016 | N/A | -43.7% | 19.8% | N/A |
NAV & Total Return History
OAZBX - Holdings
Concentration Analysis
| OAZBX | Category Low | Category High | OAZBX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.8 B | 539 K | 192 B | 15.71% |
| Number of Holdings | 229 | 2 | 14931 | 39.34% |
| Net Assets in Top 10 | 2.88 B | -9.34 M | 32.5 B | 15.42% |
| Weighting of Top 10 | 37.32% | 8.0% | 100.0% | 53.88% |
Top 10 Holdings
- Bank of America Corp 5.40%
- Alphabet Inc A 4.98%
- General Motors Co 4.71%
- TE Connectivity Ltd 4.34%
- United States Treasury Notes 2.12% 3.94%
- Mastercard Inc A 3.18%
- CVS Health Corp 3.13%
- Philip Morris International Inc 2.82%
- Nestle SA ADR 2.73%
- BorgWarner Inc 2.70%
Asset Allocation
| Weighting | Return Low | Return High | OAZBX % Rank | |
|---|---|---|---|---|
| Stocks | 71.03% | 0.00% | 138.94% | 4.32% |
| Bonds | 26.37% | -0.38% | 121.14% | 80.55% |
| Cash | 1.40% | -69.19% | 81.05% | 82.71% |
| Convertible Bonds | 0.81% | 0.00% | 27.83% | 25.50% |
| Preferred Stocks | 0.39% | -0.01% | 24.34% | 22.91% |
| Other | 0.00% | -4.86% | 62.34% | 61.10% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | OAZBX % Rank | |
|---|---|---|---|---|
| Financial Services | 21.79% | 0.00% | 100.00% | 7.93% |
| Consumer Cyclical | 17.71% | 0.00% | 24.11% | 2.02% |
| Healthcare | 13.82% | 0.00% | 33.78% | 38.47% |
| Communication Services | 12.41% | 0.00% | 30.83% | 8.07% |
| Consumer Defense | 10.83% | 0.00% | 18.66% | 9.94% |
| Industrials | 10.32% | 0.00% | 31.04% | 46.40% |
| Technology | 6.11% | 0.00% | 53.70% | 95.24% |
| Energy | 2.77% | 0.00% | 90.89% | 50.00% |
| Real Estate | 2.60% | 0.00% | 99.68% | 62.25% |
| Basic Materials | 1.65% | 0.00% | 27.35% | 86.31% |
| Utilities | 0.00% | 0.00% | 100.00% | 92.65% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | OAZBX % Rank | |
|---|---|---|---|---|
| US | 66.95% | 0.00% | 137.67% | 3.89% |
| Non US | 4.08% | 0.00% | 69.93% | 74.64% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | OAZBX % Rank | |
|---|---|---|---|---|
| Corporate | 67.40% | 0.00% | 99.08% | 6.48% |
| Government | 27.28% | 0.00% | 96.20% | 35.30% |
| Cash & Equivalents | 4.82% | 0.04% | 100.00% | 84.87% |
| Securitized | 0.50% | 0.00% | 85.21% | 87.03% |
| Derivative | 0.00% | 0.00% | 33.65% | 51.01% |
| Municipal | 0.00% | 0.00% | 24.11% | 77.09% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | OAZBX % Rank | |
|---|---|---|---|---|
| US | 25.51% | -0.38% | 66.47% | 66.14% |
| Non US | 0.86% | -9.41% | 97.27% | 85.88% |
OAZBX - Expenses
Operational Fees
| OAZBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | N/A | 0.01% | 14.81% | N/A |
| Management Fee | 0.54% | 0.00% | 1.75% | 64.95% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| OAZBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| OAZBX 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.
| OAZBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.00% | 0.00% | 484.00% | 12.61% |
OAZBX - Distributions
Dividend Yield Analysis
| OAZBX | Category Low | Category High | OAZBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 8.05% | 22.75% |
Dividend Distribution Analysis
| OAZBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| OAZBX | Category Low | Category High | OAZBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -1.95% | 11.02% | N/A |
Capital Gain Distribution Analysis
| OAZBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
OAZBX - Fund Manager Analysis
Managers
Clyde McGregor
Start Date
Tenure
Tenure Rank
Nov 01, 1995
25.43
25.4%
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).
M. Colin Hudson
Start Date
Tenure
Tenure Rank
Apr 17, 2013
7.96
8.0%
M. Colin Hudson, CFA, is a Vice President, portfolio manager and analyst of Harris Associates L.P.. He joined Harris Associates L.P. in 2005. Mr. Hudson holds an M.B.A. in Finance from Indiana University (1999), an M.S. in Geology from Indiana University (1995) and a B.A. in Economics from DePauw University (1992).
Adam Abbas
Start Date
Tenure
Tenure Rank
Mar 30, 2020
1.0
1.0%
Mr. Abbas received a B.S. in industrial engineering from Northwestern University and is currently pursuing an M.B.A. from the University of Chicago. In 2004, Mr. Abbas joined Huron Consulting Group as a consultant. From 2006 through 2010, Mr. Abbas was an analyst for Neuberger Berman/Lehman Brothers Asset Management where he focused on high yield bond and loan investments within the information technology, media and telecom space. In 2010, he joined the Adviser, where he also serves as a senior research analyst for the Driehaus Active Income Fund and the Driehaus Select Credit Fund.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 37.27 | 6.04 | 1.25 |