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Herro: Don't Look for International Fund to Reopen Soon

Unless a fragile market triggers outflows, the Oakmark International fund is likely to remain closed to retain its flexibility and concentrated portfolio, says manager David Herro.

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Gregg Wolper: Hello, I'm Gregg Wolper, senior fund analyst at Morningstar.

I'm here at the Morningstar Investment Conference in Chicago with David Herro, manager of Oakmark International, Oakmark International Small Cap, and Oakmark Global Select Fund. We have a few questions for David, and I'd like to start off with the question of the closing of the fund itself.

Gregg Wolper does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.