Oakmark Select Fund Investor Class
OAKLX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Harris Associates LP MA United States of America
- IPO Date
- Oct 31, 1996
- CIK
- 0000872323
- Website
- oakmark.com
- Similar Companies
- Business
- Oakmark Select Fund Investor Class (OAKLX) is an actively managed open-end mutual fund that seeks total return on investment primarily through capital appreciation, with a secondary objective of current income. The fund invests primarily in common stocks of U.S. companies, focusing on a concentrated portfolio of 12 to 20 securities selected for their long-term business value, undervaluation relative to intrinsic worth, and potential for sustainable competitive advantages; it emphasizes large- and mid-cap growth and value stocks across diverse sectors such as financials, technology, consumer discretionary, healthcare, and industrials, while maintaining flexibility to invest up to 30% of assets in non-U.S. issuers. Shares of the Investor Class are offered at net asset value with a minimum initial investment of $1,000, alongside other share classes including Advisor, Institutional, and Retirement Advisor classes; the fund is distributed through financial intermediaries and provides daily liquidity. [ from prior tool result, but adapted] Established in 1996 and domiciled in the United States under the management of Harris Associates L.P., headquartered in Chicago, Illinois, the fund operates within the broader Oakmark Funds family, which specializes in value-oriented equity strategies targeting sophisticated investors including individuals, institutions, and retirement plans across North America and select international markets. In recent developments, the fund has navigated market volatility through portfolio adjustments, including increased emphasis on resilient value names amid economic shifts; notable changes within the last 1-2 years encompass manager-led strategic tilts toward high-quality cyclicals and technology undervaluations, alongside minor fee structure optimizations to enhance competitiveness, as part of Harris Associates' ongoing commitment to disciplined value investing principles without major acquisitions, partnerships, or rebranding. [ from prior context]