Value investing redefined

The Oakmark family of mutual funds is an extension of Harris Associates’ value-focused approach to investing. For more about our selection of funds, visit Oakmark.com.

The Oakmark Funds

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
1-800-OAKMARK (625-6275)

Global

Global portfolios are made up of 30 to 60 large-cap equity securities from our approved list of U.S. and international stocks.

Strategy’s Best Use:

Investors seeking an allocation to large-cap U.S. and international stocks.

Portfolio Construction:

Our bottom-up portfolio construction leads to the selection of approximately 30 to 60 attractive large-cap companies from our approved list of U.S. and international stocks. The market capitalization focus is greater than $5 billion at the time of initial purchase. We do not strive for specific country, sector or industry exposure. Instead, these allocations are determined strictly through our stock selection process. However, typically, these portfolios have no more than 30 percent in any country (except U.S.), 25 percent in any industry and maximum position sizes are held to 10 percent at the time of initial purchase. 

Foreign currency exposure may be hedged defensively in the Global Equity strategy for any currencies that we believe are significantly overvalued. Investment in emerging market securities is permitted only in countries that meet our legal standards.

A Value Approach at Its Core:

Global Equity portfolios are composed of securities that we believe trade at a significant discount to our estimate of intrinsic value, have intrinsic values that grow with time and have shareholder-oriented management teams. 

Learn more about the investment philosophy and process that guide all strategies at Harris Associates here.

What to Expect as a Client:

You can expect to receive the highest level of care from our experienced and responsive client services team regardless of the size of the portfolio you entrust with us.

Portfolio Managers

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Contact Us to Learn More

For questions please contact us or call 312-646-3600.

Commentary

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Global Strategy

Global Strategy - Major global markets finished lower for the first quarter as Russia’s invasion of Ukraine prompted unease...

Growth of a $10,000 Investment

From 06/30/2007 to 03/31/2022

Performance Returns

  • Returns % as of 05/31/2022
  • Returns % as of 03/31/2022
Composite Inception: 07/01/2007

Returns for periods of less than one year are not annualized.

Portfolio Characteristics

As of 03/31/2022

Median Market Cap

$59,355 M

Weighted Average Market Cap

$287,508 M

Current Price to Earnings Ratio

13.3

Projected Price to Earnings

11.4

Current Price to Book Ratio

1.6

Projected Price to Book

1.5

Current Price to Cash Flow

10.7

Projected Price to Cash Flow

8.9

Number of Securities

46

Portfolio Turnover

29%

Dividend Yield

1.80%

Beta vs. Benchmark

1.188

Standard Deviation

20.51%

Active Share

90.48%

Equity Sector Breakdowns

As of 03/31/2022

Top 10 Equities and Equivalents

As of 03/31/2022

Total % in Top 10 Holdings 38.5%

Total # of Holdings 46

Portfolio holdings are subject to change and are not intended as recommendations of individual stocks. Individual security weights may not add to the displayed total due to rounding.

Country Allocations

As of 03/31/2022

Emerging Markets consists of: China, Mexico, South Africa and South Korea.