Oakmark International Fund Investor Class
OAKIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Harris Associates LP Chicago IL United States of America 60606
- IPO Date
- Sep 30, 1992
- CIK
- 0000872323
- Website
- oakmark.com
- Similar Companies
- Business
- Oakmark International Fund Investor Class (OAKIX) is an open-end mutual fund managed by Harris Associates L.P. that seeks long-term capital appreciation by investing primarily in common stocks of non-U.S. companies. The fund focuses on value-oriented equities with market capitalizations generally greater than $2 billion, employing a concentrated portfolio of 20 to 35 holdings across diversified international markets excluding emerging markets; it emphasizes companies trading at significant discounts to intrinsic value based on fundamental analysis of business quality, management, and competitive advantages. OAKIX offers daily liquidity through its investor share class with a minimum initial investment typically around $1,000, and it benchmarks performance against the MSCI Europe, Australasia, Far East Index (MSCI EAFE). The fund operates globally with primary exposure to Europe (approximately 60-70%), Japan (20-30%), and other developed Asia-Pacific regions; it was launched in November 1991 and is domiciled in Chicago, Illinois, under the umbrella of the Oakmark Funds family managed by Harris Associates. Core products and services include the Investor Class shares (OAKIX) characterized by a load structure and expense ratio around 1.05%, alongside institutional share classes such as OAKEX (R6) for lower-cost access; the fund provides detailed quarterly holdings disclosures, risk-adjusted performance metrics, and shareholder reports via the Oakmark Funds website. It targets long-term investors such as individuals, financial advisors, and institutions seeking international value equity exposure with lower turnover (typically under 30%) to minimize tax drag. Recent developments include a portfolio manager transition in late 2023 with the addition of co-managers to enhance continuity amid market volatility; the fund benefited from strategic positioning in high-conviction names like British American Tobacco and Alibaba during 2024 recoveries, alongside a shift toward increased allocations in Japanese financials amid Abenomics revival. In 2025, Harris Associates announced expanded ESG integration frameworks without altering core value discipline, and the fund participated in a minor acquisition by a parent affiliate strengthening research capabilities; no major reorganizations or name changes have occurred, maintaining focus on disciplined international value investing.