Oakmark Select Fund Class Institutional (OANLX)
| Fund Assets | 7.02B |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 0.51% |
| Dividend Growth | -13.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 83.80 |
| YTD Return | 3.87% |
| 1-Year Return | 19.45% |
| 5-Year Return | 135.40% |
| 52-Week Low | 68.96 |
| 52-Week High | 84.92 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | Nov 30, 2016 |
About OANLX
Oakmark Select Fund Institutional Class is a non-diversified mutual fund focused on achieving long-term capital appreciation. The fund primarily invests in a concentrated portfolio of approximately 20 to 26 equity securities, with a strong emphasis on U.S. mid- and large-cap companies. Its investment approach is grounded in value investing, seeking companies whose current share prices are significantly below their estimated intrinsic value. This strategy targets businesses with robust fundamentals and the potential for appreciable growth over time. The fund’s portfolio is characterized by substantial allocations to industries such as financial services, healthcare, technology, and industrials, as reflected in prominent holdings like Alphabet Inc., First Citizens BancShares, and Deere & Co. Oakmark Select’s non-diversified structure means it may assume higher risk, but also provides the potential for outsized reward through focused stock selection. The fund regularly maintains a high percentage of assets in its top holdings and is managed with a relatively low expense ratio for its class. With a high minimum investment, it is designed for institutional or large-scale investors seeking targeted exposure to undervalued U.S. equities within the large value category.
Performance
OANLX had a total return of 19.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.08%.
Top 10 Holdings
56.98% of assets| Name | Symbol | Weight |
|---|---|---|
| IQVIA Holdings Inc. | IQV | 6.65% |
| Alphabet Inc. | GOOGL | 6.28% |
| First Citizens BancShares, Inc. | FCNCA | 6.07% |
| Deere & Company | DE | 5.66% |
| Phillips 66 | PSX | 5.63% |
| Keurig Dr Pepper Inc. | KDP | 5.51% |
| Lithia Motors, Inc. | LAD | 5.50% |
| The Charles Schwab Corporation | SCHW | 5.45% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 5.33% |
| Paycom Software, Inc. | PAYC | 4.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.4276 | Dec 13, 2024 |
| Dec 14, 2023 | $0.4938 | Dec 15, 2023 |
| Dec 15, 2022 | $0.2691 | Dec 16, 2022 |
| Dec 16, 2021 | $0.1657 | Dec 17, 2021 |
| Dec 10, 2020 | $0.1301 | Dec 11, 2020 |
| Dec 12, 2019 | $0.3684 | Dec 13, 2019 |