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    Oakmark Equity & Income II (OARBX)

    28.24 Up 0.40(1.44%) Jun 29

    Profile as of May 30, 2016Get Profile for:
    Oakmark Equity & Income II
    Harris Associates LPTwo N Lasalle St Ste 500Chicago, IL 60602-3790
    Phone: 800-625-6275
    Fund Overview 
    Category:Allocation--50% to 70% Equity
    Fund Family:Oakmark
    Net Assets:16.76B
    Year-to-Date Return:1.90%
    Morningstar Rating:4 stars
    Fund Inception Date:Jul 13, 2000
    Morningstar Style Box 
    Allocation--50% to 70% Equity
    [View Category Definition]
    View Top Allocation--50% to 70% Equity 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:0
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    OARBX can be purchased from 45 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 total assets in debt securities issued by U.S. or non-U.S. governments and corporate entities rated at the time of purchase within the two highest grades.

    Fund Operations 
    Last Dividend (Dec 16, 2015) : 0.00
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jun 27, 2016) : 25.00%
    Average for Category:53.61%
    Fees & Expenses 
    ExpenseOARBXCategory Avg
    Annual Report Expense Ratio (net):1.09%0.85%
    Prospectus Net Expense Ratio:1.09%N/A
    Prospectus Gross Expense Ratio:1.09%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.19%
    Max Deferred Sales Load: N/A2.29%
    3 Yr Expense Projection*:347515
    5 Yr Expense Projection*:601809
    10 Yr Expense Projection*:1,3291,626
    * Per $10,000 invested