About OANBX
Oakmark Equity and Income Fund Institutional Class is a balanced mutual fund designed to offer investors a blend of income, capital preservation, and long-term growth. Managed by Harris Associates L.P., the fund allocates its assets primarily between U.S. equities and fixed income securities. Notably, it typically invests 40–75% of its assets in stocks across a range of sectors and market capitalizations, with an emphasis on value-oriented companies. The remaining assets, up to 60%, are invested in debt securities, including those issued by the U.S. government, government agencies, non-U.S. governments, and high-quality corporations. The fund employs a bottom-up, research-driven approach, seeking companies trading below intrinsic value to maximize shareholder benefit. It benchmarks its performance against the S&P 500, Bloomberg U.S. Government/Credit Bond Index, and the Lipper Balanced Funds Index. This product is tailored for investors seeking a diversified, moderate allocation strategy that aims for a balanced mix of growth and income while managing overall portfolio risk.
Fund Family Oakmark
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol OANBX
Share Class Institutional Class
Index Lipper US Index - Balanced Funds
OANBX had a total return of 6.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.77%.
