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.
Oakmark Fund is a diversified fund that seeks long-term capital appreciation by generally investing in larger capitalization U.S. companies.
From 08/05/1991 to 06/30/2026
Past performance is no guarantee of future results. The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted. Total return includes change in share prices and, in each case, includes reinvestment of dividends and capital gain distributions. The investment return and principal value vary so that an investor’s shares, when redeemed, may be worth more or less than the original cost.
The graph does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
The Fund’s portfolio tends to be invested in a relatively small number of securities. 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 S&P 500 Index is a float-adjusted, capitalization-weighted index of 500 U.S. large-capitalization stocks representing all major industries. It is a widely recognized index of broad, U.S. equity market performance. Returns reflect the reinvestment of dividends. This index is unmanaged and investors cannot invest directly in this index.
Expense ratios are as of the Fund’s most recent statutory prospectus dated January 28, 2026, as amended and restated April 2, 2026 and June 30, 2026;
actual expenses may vary. Returns for periods of less than one year are not annualized.
As of 06/30/2026
Median Market Cap
The capitalization of a company in the middle of the largest and smallest companies held in the portfolio. Market cap is the market price of an entire company on any given day, calculated by multiplying the number of shares outstanding by the price per share.
$44,554 M
Weighted Average Market Cap
An average that takes into account the proportional relevance of each component, rather than treating each component equally. Market cap is the market price of an entire company on any given day, calculated by multiplying the number of shares outstanding by the price per share.
$218,902 M
Current Price to Earnings Ratio
Trailing price-to-earnings (P/E) ratio is defined as a stock’s total capitalization at the indicated date divided by its earnings for the latest fiscal year or trailing twelve months. It may also be known as the "price multiple" or "earnings multiple", and gives a general indication of how expensive or cheap a stock is.
12.7
Projected Price to Earnings
Projected price-to-earnings (P/E) ratio is defined as a stock’s total capitalization at the indicated date divided by its projected earnings for next year. It may also be known as the "price multiple" or "earnings multiple", and gives a general indication of how expensive or cheap a stock is.
11.7
Current Price to Book Ratio
Current price-to-book (P/B) ratio is a stock’s capitalization divided by its book value. The trailing P/B ratio uses the current year or most recent available book value and the stock’s price at the indicated date.
1.9
Projected Price to Book
Projected price-to-book (P/B) ratio is a stock’s capitalization divided by its book value. The projected P/B ratio uses the forecast book value for next year and the stock’s price at the indicated date.
1.9
Current Price to Cash Flow
Price-to-cash flow (P/C) is defined as a stock’s total capitalization at the indicated date divided by its cash flow for the latest fiscal year or trailing twelve months. Cash flow is represented by EBITA (Earnings before interest, taxes and amortization) which is a reliable indicator of cash flow and allows for comparability between companies.
12.5
Projected Price to Cash Flow
Price-to-cash flow (P/C) is defined as a stock’s ending price at the indicated date divided by its 1-year projected free cash flow per share. Free cash flow represents the cash that a company generates after accounting for cash outflows to support its operations and maintain its capital assets.
14.1
Turnover Rate (as of 09/30/2025)
An indication of trading activity, it is the percentage of all securities owned by a given mutual fund which were sold in the last year. In practical terms, a turnover of 100%, for example, is the percentage of the Fund's portfolio holdings that have changed over the past year.
63%
Dividend Yield
Dividend Yield is a stock’s expected annual dividend divided by the stock’s price at the indicated date, expressed as a percentage.
1.63%
As of 06/30/2026
Total % in Top 10 Holdings 28.4%
Total # of Holdings 58
Assets Under Mgmt. $24,014.16M
Total % in Top 10 Holdings 28.4%
Total # of Holdings 58
Assets Under Mgmt. $24,014.16M
Note: 0.0% holdings are less than 0.1% of Net Assets.
Portfolio holdings are subject to change and are not intended as recommendations of individual securities. Individual security weights may not add to the displayed total due to rounding.
Portfolio holdings are subject to change and are not intended as recommendations of individual securities. Individual security weights may not add to the displayed total due to rounding. Holdings and sector allocations are shown as percent of the Fund. Access the full list of holdings for the Fund here.
As of 06/30/2026
Commentary
See All CommentaryOakmark Fund: Second Quarter 2026
Quarterly update on performance, key contributors and detractors, and portfolio positioning.
Read Commentary