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    Oakmark Equity & Income I (OAKBX)

    31.83 Down 0.13(0.41%) Aug 3

    Profile as of Jun 29, 2015Get Profile for:
    Oakmark Equity & Income I
    Harris Associates LPTwo N Lasalle St Ste 500Chicago, IL 60602-3790
    Phone: 800-625-6275
    Fund Overview 
    Category:Moderate Allocation
    Fund Family:Oakmark
    Net Assets:20.30B
    Year-to-Date Return:0.97%
    Morningstar Rating:4 stars
    Fund Inception Date:Nov 1, 1995
    Morningstar Style Box 
    Moderate Allocation
    [View Category Definition]
    View Top Moderate Allocation Funds
    About the Morningstar Style Box
    Management Information 
    Clyde S. McGregor
    Lead Manager since Nov 1, 1995
    Clyde McGregor has been a manager of the Oakmark Equity and Income Fund (OAKBX) since 1995 and the Oakmark Global Fund (OAKGX) since 2003. He joined Harris Associates in 1981. In 2011, Mr. McGregor became the first recipient of the Lipper Award for Fund Excellence, presented to investment managers for achievements over their career. He holds an M.B.A. in Finance from the University of Wisconsin (1977) and a B.A. in Economics and Religion from Oberlin College (1974).
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:500
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:100
    OAKBX can be purchased from 129 brokerages.

    Fund Summary 
    The investment seeks income and preservation and growth of capital. The fund invests primarily in a diversified portfolio of U.S. equity and debt securities (although the fund may invest up to 35% of its total assets in equity and debt securities of non-U.S. issuers). It is intended to present a balanced investment program between growth and income by investing approximately 40-75% of its total assets in common stock, including securities convertible into common stock, and up to 60% of its assets in U.S. or non-U.S. government securities and U.S. or non-U.S. corporate debt securities.

    Fund Operations 
    Last Dividend (Dec 17, 2014) : 0.27
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 30, 2015) : 18.00%
    Average for Category:43.56%
    Fees & Expenses 
    ExpenseOAKBXCategory Avg
    Annual Report Expense Ratio (net):0.74%0.89%
    Prospectus Net Expense Ratio:0.74%N/A
    Prospectus Gross Expense Ratio:0.74%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.22%
    Max Deferred Sales Load: N/A2.29%
    3 Yr Expense Projection*:237564
    5 Yr Expense Projection*:411876
    10 Yr Expense Projection*:9181,741
    * Per $10,000 invested