Fund Facts  

Inception Date: Sep 30, 1992
Ticker Symbol: OAKIX
Morningstar Category:Foreign Large Blend
As of Sep 30, 2016
Fund Net Assets ($millions) $23,827

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks long-term capital appreciation.

Principal Investment Strategies  

The fund invests primarily in a diversified portfolio of common stocks of non-U.S. companies. It may invest in non-U.S. markets throughout the world, including emerging markets. Ordinarily, the fund will invest in the securities of at least five countries outside of the U.S. There are no geographic limits on the fund's non-U.S. investments. The fund may invest in securities of large-, mid-, and small- capitalization companies.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Oakmark International Ia13.28%1.40%6.66%-1.19%9.78%4.46%9.49%
MSCI World Index ex USA (Net)a,b6.29%3.12%7.16%0.33%6.89%1.88%N/A
Morningstar Foreign Large Blenda,c6.19%2.93%6.53%0.53%7.13%1.72%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total Expensesa0.95%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The MSCI World Index ex USA (Net) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets, excluding the U.S. The net version of this index reinvests dividends after the deduction of withholding taxes, using a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.

c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Nov 28, 2016Nov 28, 2016$0.336400000
Dec 17, 2015Dec 17, 2015$1.080400000
Dec 18, 2014Dec 18, 2014$1.572500000
Dec 19, 2013Dec 19, 2013$0.729600000
 

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2016
Period Stars Category Size
Overall 4 Stars715
3-Year 2 Stars715
5-Year 4 Stars634
10-Year 4 Stars382

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Sep 30, 2016
Equity Stylebox
Large Value
Allocation of Assets As of Jun 30, 2016
Type of Asset Percent
Equity95%
Fixed Income0%
Cash/Other5%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Jun 30, 2016
Asset ClassPercent
Domestic Stock2.1%
Foreign Stock92.8%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash1.8%
Other3.4%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Jun 30, 2016
SectorPercent
Financial Services30.8%
Consumer Cyclical24.7%
Industrials19.3%
Basic Materials9.6%
Technology6.4%
Consumer Defensive4.1%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Country Exposure As of Jun 30, 2016
CountryPercent
United Kingdom20.1%
Japan16.5%
Switzerland12.5%
France11.6%
Italy7.2%
Germany6.3%
Sweden4.3%
China3.4%
Australia2.7%
Indonesia2.4%
Top Ten Holdings As of Jun 30, 2016
Holding NamePercent
Glencore PLC4.8%
Credit Suisse Group AG4.3%
Honda Motor Co Ltd4.1%
BNP Paribas3.3%
Intesa Sanpaolo3.1%
LafargeHolcim Ltd3.0%
Daimler AG3.0%
Nomura Holdings Inc3.0%
CNH Industrial NV2.9%
Toyota Motor Corp2.7%
 

Statistics

Portfolio Statistics As of Sep 30, 2016
Statistic3-Year5-Year
Beta1.111.07
Alpha-1.133.34
Standard Deviation15.2916.46
 
 

Footnotes

1.

Please read the fund's prospectus carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.