Portfolio Manager Win Murray appeared on CNBC’s “Squawk Ally” to discuss how the firm views market volatility as bottom-up value investors and the sectors he finds attractive.
The holdings mentioned comprise the following percentages of the Fund’s total net assets as of 12/31/2019:
|Security||Oakmark Select Fund|
|Alphabet Cl A||7.1%|
|Bank of America||5.4%|
|Capital One Financial||4.7%|
|CBRE Group Cl A||9.0%|
|Charter Communications Cl A||4.9%|
Portfolio holdings are subject to change without notice and are not intended as recommendations of individual stocks.
Because the Oakmark Select and Oakmark Global Select Funds are non-diversified, the performance of each holding will have a greater impact on the Funds’ total return, and may make the Funds’ returns more volatile than a more diversified fund.
The information, data, analyses, and opinions presented herein (including current investment themes, the portfolio managers’ research and investment process, and portfolio characteristics) are for informational purposes only and represent the investments and views of the portfolio managers and Harris Associates L.P. as of the date written and are subject to change and may change based on market and other conditions and without notice. This content is not a recommendation of or an offer to buy or sell a security and is not warranted to be correct, complete or accurate.
Certain comments herein are based on current expectations and are considered “forward-looking statements”. These forward looking statements reflect assumptions and analyses made by the portfolio managers and Harris Associates L.P. based on their experience and perception of historical trends, current conditions, expected future developments, and other factors they believe are relevant. Actual future results are subject to a number of investment and other risks and may prove to be different from expectations. Readers are cautioned not to place undue reliance on the forward-looking statements.