Portfolio Manager Bill Nygren comments on current holdings, including those in the industrials, financials and consumer sectors, on CNBC’s “Halftime Report.”
The holdings mentioned above comprise the following percentages of the funds’ total net assets as of 03/31/2019:
|Bank of America||2.9%|
|Capital One Financial||2.5%|
|Constellation Brands Cl A||1.3%|
Portfolio holdings are subject to change without notice and are not intended as recommendations of individual stocks.
Click here to access the full list of holdings for the Oakmark Fund as of the most recent quarter-end.
The Price-Earnings Ratio (“P/E”) is the most common measure of the expensiveness of a stock.
The Fund’s portfolio tends to be invested in a relatively small number of stocks. As a result, the appreciation or depreciation of any one security held by the Fund will have a greater impact on the Fund’s net asset value than it would if the Fund invested in a larger number of securities. Although that strategy has the potential to generate attractive returns over time, it also increases the Fund’s volatility.
The discussion of the Funds’ investments and investment strategy (including current investment themes, the portfolio managers’ research and investment process, and portfolio characteristics) represents the Funds’ investments and the views of the portfolio managers and Harris Associates L.P., the Funds’ investment adviser, as of the date written and are subject to change without notice.