Oakmark Bond Fund Institutional Class is an actively managed mutual fund specializing in intermediate core-plus taxable bonds. Its primary objective is to maximize both current income and total return while managing risk and principal protection. The fund maintains a diversified portfolio, concentrating on investment-grade corporate bonds, U.S. Treasury securities, agency mortgage-backed securities, and various government-related obligations. It also tactically invests in below investment-grade corporate bonds (up to 35% of total assets), high-yield bonds, commercial mortgage- and asset-backed securities, and senior loans. The fund may allocate up to 20% of its assets to equity securities, such as common and preferred stocks, providing flexibility to navigate differing market conditions. With a moderate duration, the fund is sensitive to interest rate changes but balances this with sector diversification and careful credit selection. Oakmark Bond Fund Institutional Class serves institutional investors seeking a blend of income and capital preservation, playing a key role in fixed-income allocations within diversified portfolios and offering exposure to a wide spectrum of credit qualities and fixed income sectors.
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