Effective July 1, 2024, Eric Liu replaced Jason Long as a non-US-focused comanager on Harris Associates Global All Cap Equity (which includes the US-domiciled Oakmark Global and its Luxembourg-domiciled sibling). Long will subsequently work to transition his research responsibilities and then leave the firm on Sept. 1, 2024. Long rejoined Harris Associates in 2011 (he was previously with the firm between 2004 and 2006) and was a listed manager here since November 2016, but his departure is surprising given he's in the prime of his career (he has 24 years of experience).
Oakmark Global Institutional OANGX
- NAV / 1-Day Return 34.77 / +1.05 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.900%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Global Large-Stock Value
- Investment Style Large Value
- Min. Initial Investment 250,000
- Status Open
- TTM Yield 1.69%
- Turnover 47%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis OANGX
Will OANGX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 33.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Bayer AG | 3.93 | 44.5 Mil | Healthcare |
Lloyds Banking Group PLC | 3.73 | 42.2 Mil | Financial Services |
Mercedes-Benz Group AG | 3.73 | 42.2 Mil | Consumer Cyclical |
Fixed Inc Clearing Corp.Repo | 3.72 | 42.1 Mil | Cash and Equivalents |
Kering SA | 3.58 | 40.5 Mil | Consumer Cyclical |
Alphabet Inc Class A | 3.55 | 40.2 Mil | Communication Services |
Julius Baer Gruppe AG | 3.41 | 38.6 Mil | Financial Services |
CNH Industrial NV | 3.38 | 38.2 Mil | Industrials |
Capital One Financial Corp | 2.93 | 33.2 Mil | Financial Services |
Prudential PLC | 2.88 | 32.6 Mil | Financial Services |