(12 months joined Harris | Oakmark) Adam D. Abbas (2018) M. Colin Hudson, CFA (2005)
Expense ratios are as of the Fund’s most up-to-date prospectus dated 1/28/2025, as amended and restated 1/31/2025 and three/14/2025; precise bills might range. The Fund’s Adviser has contractually undertaken to waive and/or reimburse sure charges and bills in order that the whole annual working bills of every class are restricted to 0.74%, 0.54%, 0.52% and 0.44% of common internet belongings, respectively. Every of those undertakings lasts till 01/27/2025 and should solely be modified by mutual settlement of the events. Returns for durations lower than one yr usually are not annualized. Since inception returns for the indexes are calculated based mostly on the Institutional Class inception date.
Previous efficiency isn’t any assure of future outcomes. The efficiency information quoted represents previous efficiency. Present efficiency could also be decrease or increased than the efficiency information quoted. Whole return consists of change in share costs and, in every case, consists of reinvestment of dividends and capital achieve distributions. The funding return and principal worth range in order that an investor’s shares, when redeemed, could also be value roughly than the unique price.
The knowledge, information, analyses, and opinions introduced herein (together with present funding themes, the portfolio managers’ analysis and funding course of, and portfolio traits) are for informational functions solely and symbolize the investments and views of the portfolio managers and Harris Associates L.P. as of the date written and are topic to alter and should change based mostly on market and different situations and with out discover. This content material will not be a advice of or a suggestion to purchase or promote a safety and isn’t warranted to be appropriate, full or correct.
Sure feedback herein are based mostly on present expectations and are thought of “forward-looking statements.” These forward-looking statements mirror assumptions and analyses made by the portfolio managers and Harris Associates L.P. based mostly on their expertise and notion of historic developments, present situations, anticipated future developments, and different components they consider are related. Precise future outcomes are topic to a lot of funding and different dangers and should show to be totally different from expectations. Readers are cautioned to not place undue reliance on the forward-looking statements.
Yield is the annual price of return of an funding paid in dividends or curiosity, expressed as a proportion. A snapshot of a fund’s curiosity and dividend earnings, yield is expressed as a proportion of a fund’s internet asset worth, relies on earnings earned over a sure time interval and is annualized, or projected, for the approaching yr.
Length is a measure of the sensitivity of the worth of a bond or different debt instrument to a change in rates of interest.
The Bloomberg U.S. Combination Bond Index is a broadbased benchmark that measures the funding grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index consists of Treasurys, government-related and company securities, mortgage-backed securities (company fixed-rate and hybrid ARM pass-throughs), asset-backed securities and industrial mortgage-backed securities (company and non-agency). This index is unmanaged and buyers can not make investments straight on this index.
The Oakmark Bond Fund invests primarily in a diversified portfolio of bonds and different fixed-income securities. These embrace, however usually are not restricted to, funding grade company bonds; U.S. or non-U.S.-government and government-related obligations (reminiscent of, U.S. Treasury securities); beneath investment-grade company bonds; company mortgage backed-securities; industrial mortgage- and assetbacked securities; senior loans (reminiscent of, leveraged loans, financial institution loans, covenant lite loans, and/or floating price loans); assignments; restricted securities (e.g., Rule 144A securities); and different fastened and floating price devices. The Fund might make investments as much as 20% of its belongings in fairness securities, reminiscent of widespread shares and most popular shares. The Fund can also maintain money or short-term debt securities occasionally and for non permanent defensive functions.
Below regular market situations, the Fund invests a minimum of 25% of its belongings in investment-grade fixed-income securities and should make investments as much as 35% of its belongings in beneath investmentgrade fixed-income securities (generally referred to as “highyield” or “junk bonds”).
Mounted earnings dangers embrace interest-rate and credit score danger. Sometimes, when rates of interest rise, there’s a corresponding decline in bond values. Credit score danger refers back to the risk that the bond issuer won’t be able to make principal and curiosity funds. Bond values fluctuate in worth so the worth of your funding can go down relying on market situations.
All data offered is as of 09/30/2025 until in any other case specified.
Earlier than investing in any Oakmark Fund, you need to fastidiously contemplate the Fund’s funding goals, dangers, administration charges and different bills. This and different vital data is contained in a Fund’s prospectus and abstract prospectus. Please learn the prospectus and abstract prospectus fastidiously earlier than investing. For extra data, please go to Oakmark.com or name 1-800-OAKMARK (1-800- 625-6275).
Natixis Distribution, LLC (Member FINRA | SIPC), a restricted objective broker-dealer and the distributor of varied registered funding corporations for which advisory companies are offered by associates of Natixis Funding Managers, is a advertising agent for the Oakmark Funds.
Harris Associates Securities L.P., Distributor, Member FINRA.
