Oakmark Equity and Income benefits from a long-tenured lead manager (though he’s expected to retire at the end of 2022) and the backing of a veteran equity team, but the bond portfolio hasn’t provided much ballast, limiting its Morningstar Analyst Rating to Bronze for its cheapest share classes. More expensive share classes earn a Neutral rating.
Oakmark Equity And Income Investor OAKBX
NAV / 1-Day Return
34.20
/
0.70
%
Total Assets
7.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.840%
Expense Ratio
0.840%
Fee Level
Average
Longest Manager Tenure
26.22
years
Category
Allocation--50% to 70% Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
0.80%
Turnover
14%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will OAKBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OAKBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the OAKBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of OAKBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Still holds appeal, but patience is required.
