Oakmark Equity and Income benefits from a long-tenured lead manager (though he’s expected to retire at the end of 2022) and the backing of a veteran equity team, but the bond portfolio hasn’t provided much ballast, limiting its Morningstar Analyst Rating to Bronze for its cheapest share classes. More expensive share classes earn a Neutral rating.
Will OAKBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OAKBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the OAKBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of OAKBX’s parent organization’s priorities and whether they’re in line with investors’ interests.