OAYLX

About OAYLX

Oakmark Select Fund Advisor Class is a U.S.-focused, non-diversified mutual fund that aims for long-term capital appreciation by investing in a concentrated portfolio of approximately 20 mid- and large-cap companies. The fund applies a value-oriented investment philosophy, seeking companies trading at a significant discount to the advisor’s estimate of intrinsic value. Decisions are primarily driven by in-depth, bottom-up research centered on individual companies rather than broader macroeconomic or sector trends. This approach involves rigorous fundamental analysis, often including company visits and comprehensive industry evaluation. The fund typically sets clear buy and sell targets for each holding, closely monitoring fundamentals to adjust positions as needed. Oakmark Select Fund Advisor Class is notable for its high active share and a concentrated allocation, with over half its assets often invested in its top ten holdings, reflecting a high-conviction investment strategy. Its market significance lies in providing investors with targeted exposure to select U.S. equities, typically those with perceived strong value characteristics, serving as a focused alternative within the large value fund category.