Address And Details

P.O.Box 219558 , Kansas City, MO 64121
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

Oakmark Fund seeks long-term capital appreciation.The Fund invests primarily in a diversified portfolio of common stocks of U.S. companies. The Fund generally invests in the securities of larger capitalizationcompanies. The Fund uses a value investment philosophy in selecting equity securities. This value investment philosophy is based upon the belief that, over time, acompanys stock price converges with the Advisers estimate of the companys intrinsic value. By intrinsic value, the Adviser means its estimate of the price aknowledgeable buyer would pay to acquire the entire business. The Adviser believes that investing in securities priced significantly below what it believes is a companys intrinsic value presents the best opportunity to achieve the Funds investment objective. A company trading below its estimated intrinsic value issometimes 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 ofthese attributes: (1) free cash flows and intelligent investment of excess cash; (2) earnings that are growing and are reasonably predictable; and (3) high level ofcompany management ownership.Key Tenets of the Oakmark Value Investment Philosophy: 1.Buy businesses that are trading at a significant discount to the Advisers estimate of the companys intrinsic value. At the time the Adviser buys a company, the Adviser wants the companys 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 areason because the company just does not grow. The Adviser looks for good quality, growing businesses with positive free cash flow and intelligent investmentof cash.3. Invest with management teams that think and act as owners. The Adviser seeks out companies with management teams that understand the dynamics of pershare 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 factorsor specific industries. To facilitate its selection of investments that meet the criteria described above, the Adviser uses independent, in-house research to analyzeeach company. As part of this selection process, the Advisers 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 Advisers estimated intrinsic value and that the company has one ormore of the additional qualities mentioned above, the Adviser may consider buying that stock for the Fund.

Net Asset Value

as of 5:50 PM ET 10/15/2021

Performance

  • 1 Week
  • +1.41%
  • 1 Month
  • +3.87%
  • 3 Months
  • +7.70%
  • 1 Yr Return
  • +59.80%
  • 5 Yr Return
  • +78.64%

Equity Sector Breakdown

Finance 37.74%
Technology 15.64%
NonDurables 13.05%
Energy 6.25%
Services 5.52%
IndustrialCyclical 4.43%
Health 3.41%
RetailTrade 3.16%
ConsumerDurables 1.12%
Utilities 1.03%

Asset Allocation

Asset Type % Of Allocation
Stocks 96.67%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 8.48 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -4.02 -4.17 -3.22
Beta 1.31 1.29 1.23
R Squared 0.89 0.88 0.89
Std Deviation 26.18 20.90 17.23
Sharpe Ratio 0.68 0.83 n/a

Purchase Information

as of 5:24 PM ET 10/14/2021
Minimum Initial $1000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 09/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 09/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +59.18%
  • +59.18%
+59.18% +59.18%
3 Year
  • +14.96%
  • +14.96%
+14.96% +14.96%
10 Year
  • +16.33%
  • +16.33%
+16.33% +16.33%
Life Of Fund
  • +13.09%
  • +13.09%
+13.09% +13.09%

Top 10 Holdings

Symbol Company Name % Of Assets
GOOGL ALPHABET INC CLASS A 3.88%
COF CAPITAL ONE FINANCIAL CORP 3.80%
ALLY ALLY FINANCIAL INC 3.76%
FB FACEBOOK INC 3.31%
EOG EOG RESOURCES INC 3.00%
BAC BANK OF AMERICA CORPORATION 3.00%
C CITIGROUP INC 2.88%
SCHW CHARLES SCHWAB CORP 2.84%
CMCSA COMCAST CORP 2.59%
GS GOLDMAN SACHS GROUP INC 2.47%

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