Oakmark Select R6 (OAZLX)
| Fund Assets | 7.48B |
| Expense Ratio | 0.74% |
| Min. Investment | $2,000,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 0.54% |
| Dividend Growth | -12.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 83.73 |
| YTD Return | 4.30% |
| 1-Year Return | 16.00% |
| 5-Year Return | n/a |
| 52-Week Low | 68.96 |
| 52-Week High | 84.94 |
| Beta (5Y) | n/a |
| Holdings | 26 |
| Inception Date | Dec 15, 2020 |
About OAZLX
Oakmark Select Fund R6 is a non-diversified mutual fund focused on achieving long-term capital appreciation by primarily investing in a concentrated portfolio of mid- and large-cap U.S. companies. The fund typically holds about 20 to 26 equity securities, concentrating on businesses that portfolio managers believe are trading substantially below their intrinsic value. This strategy enables the fund to take significant positions in high-conviction ideas, which can result in higher potential returns as well as increased risk relative to more diversified portfolios. Managed by the experienced team at Harris Associates, Oakmark Select Fund R6 employs a disciplined value-investing approach, emphasizing companies with strong growth prospects and shareholder-oriented management. The fund’s holdings span key sectors such as healthcare, technology, financial services, and industrials, reflecting its focus on influential market segments. With a sizable asset base and a competitive expense ratio, Oakmark Select Fund R6 is designed for institutional investors seeking targeted exposure to undervalued U.S. equities. The fund plays a notable role in the large value category, offering high active share and serving as a strategic option for investors aiming to capitalize on valuation disparities within the broader equity market.
Performance
OAZLX had a total return of 16.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.69%.
Top 10 Holdings
53.93% of assets| Name | Symbol | Weight |
|---|---|---|
| First Citizens BancShares, Inc. | FCNCA | 6.55% |
| Lithia Motors, Inc. | LAD | 6.06% |
| Airbnb, Inc. | ABNB | 5.87% |
| IQVIA Holdings Inc. | IQV | 5.74% |
| Capital One Financial Corporation | COF | 5.27% |
| Phillips 66 | PSX | 5.21% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 4.83% |
| Intercontinental Exchange, Inc. | ICE | 4.80% |
| The Charles Schwab Corporation | SCHW | 4.80% |
| Alphabet Inc. | GOOGL | 4.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.4508 | Dec 13, 2024 |
| Dec 14, 2023 | $0.5179 | Dec 15, 2023 |
| Dec 15, 2022 | $0.3002 | Dec 16, 2022 |