|Last Price$66.38||Day Change (%)-0.90%|
|Open Price$66.38||Day Change ($)-0.60|
|Day Range66.38–66.38||52-Week Range59.75–70.22|
As of Thu 10/23/2014 03:10 AM EST | USD
We employ actively managed mutual funds and a stock-heavy portfolio mix.
The Oakmark manager on what attracted him to financials, plus the benefits of bringing a private-equity perspective to public-equity investing.
We search for sturdy core funds to provide fixed-income and equity exposure.
The following is an excerpt from Morningstar's Premium Analyst Report for Oakmark International OAKIX, a foreign large-blend fund that receives a Gold Morningstar Analyst Rating. Morningstar.com Premium Members can click here to see the full Analyst Report. Not a Premium Member? Take a free ...
Oakmark International manager David Herro's closure of the fund is a preemptive move to taper asset flows and put shareholders first, says Morningstar's Shannon Zimmerman.
Oakmark's Bill Nygren discusses the broad talent pool from which to choose new comanagers for several funds, and he also touches on portfolio capacities and constraints.
Oakmark manager Clyde McGregor says with interest rates remaining low for much longer than he had anticipated, the reasons for previously closing one of his funds no longer made sense.
Despite the drop in natural gas prices, certain firms in the energy sector are showing their value, says Oakmark manager Clyde McGregor.
The fund's plain-vanilla focus on company fundamentals allows it to uncover value in any kind of stock and has contributed to its long-term outperformance, says Morningstar's Shannon Zimmerman.