The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.
Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.
The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.
Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.
Navigating market highs and (avoiding) value traps – U.S. equity market commentary 1Q24
March 31, 2024
We aren’t market timers at Oakmark because we don’t believe we can be right often enough to overcome the strong tailwind of rising equity values. Our approach to new highs is to do what...
Granolas, Japan and Crypto – why we don’t chase momentum – International equity market commentary 1Q24
March 31, 2024
Today, the weight of money is flocking to a few, narrow bands of asset classes. Many of the themes these stocks move on are real, but as long-term investors who make decisions based on...
Fixed income: Beyond the noise – a data-first approach – Fixed income market commentary 1Q24
March 31, 2024
It’s crucial to understand short-term fixed income market factors; however, don’t let short-term events overshadow the broader, long-term investment story.
Oakmark Fund: First Calendar Quarter 2024
March 31, 2024
Amid the outperformance of growth stocks to start the year, we are finding attractive opportunities that meet our value investment criteria, which led to us initiating three new holdings during the quarter. ...
Oakmark Select Fund: First Calendar Quarter 2024
March 31, 2024
Amid the outperformance of growth stocks to start the year, we are finding attractive opportunities that meet our value investment criteria, which led to us initiating a new holding during the quarter.
Oakmark Global Fund: First Calendar Quarter 2024
March 31, 2024
A German bus and truck manufacturer was a top contributor to the Fund’s performance during the quarter, while a wealth manager based in the U.K. was a top detractor.
Oakmark Global Select Fund: First Calendar Quarter 2024
March 31, 2024
A top contributor to the Fund’s performance was a U.S.-based fintech and payments company, while a top detractor was a U.S.-based telecommunications company.
Oakmark International Fund: First Calendar Quarter 2024
March 31, 2024
A German bus and truck manufacturer was a top contributor during the quarter, while a German pharmaceutical company was a top detractor.
Oakmark International Small Cap Fund: First Calendar Quarter 2024
March 31, 2024
A top contributor to the Fund’s performance was an industrials company based in Finland, while a wealth manager based in the U.K. was a top detractor.
Oakmark Equity and Income Fund: First Calendar Quarter 2024
March 31, 2024
Higher interest rates have improved the opportunities available in fixed income securities, and we currently see a more balanced risk-reward value proposition between equities and fixed income than we have in some time.
Oakmark Bond Fund: First Calendar Quarter 2024
March 31, 2024
The market’s shift in perspective regarding rate cuts has led to a recalibration of expectations. As the fixed income landscape progressively assimilates these factors, the focus is increasingly on the normalization of real rates...
Active vs. passive: did funds meet the mark in 2023? | U.S. equity market commentary 4Q23
December 31, 2023
2023 was another rough year for mutual funds and the issue could be that many actively managed funds haven’t been all that “active.”
Featured
CIO PERSPECTIVES
Insights and Commentary
Bill Nygren, CIO- U.S.
CIO PERSPECTIVES
Insights and Commentary
David Herro, CIO-International