Harris | Oakmark Celebrates Significant Five-Year Achievement for the Oakmark Bond Fund

Harris | Oakmark Celebrates Five-Year Milestone of the Oakmark Bond Fund

Harris Associates L.P. (also known as Harris | Oakmark), an esteemed adviser to the Oakmark Funds and associated with Natixis Investment Managers, has proudly announced the five-year anniversary of its Oakmark Bond Fund (OANCX), celebrated on June 10, 2025. This significant milestone reflects not just the fund's longevity, but also its robust performance in the investment landscape.

As of March 31, 2025, the fund boasts total net assets of approximately $195 million, demonstrating confidence from investors in its ongoing strategy and implementation. Leading the fund's management team are Adam Abbas, Head of Fixed Income and Portfolio Manager, alongside Colin Hudson, CFA, who serves as Partner and Portfolio Manager. Together, their expertise has driven the fund towards consistent growth.

"We launched the Oakmark Bond Fund in 2020 as our first fixed income product, aiming to extend our esteemed investment philosophy into this domain," said Mr. Abbas. He indicates that the fund's success after five years highlights the enduring strength of Harris | Oakmark's commitment to long-term, intrinsic value investing across various market conditions.

Employing a meticulous, bottom-up investment strategy, the Oakmark Bond Fund is structured to be a diversified and flexible option for those looking at a core plus fixed income allocation. The strategy primarily focuses on an in-depth analysis of capital allocation and cash flow among companies to pinpoint the best and most value-driven investment opportunities in credit markets. Furthermore, it calibrates valuation attractiveness across multiple fixed income sectors. This includes evaluating the capabilities of management teams, security types, and vehicle structures that are prepared to endure a variety of macroeconomic conditions, thus enabling the portfolio to absorb market volatility effectively.

As of May 31, 2025, the Oakmark Bond Fund (Institutional Share Class) was awarded a coveted 5-Star Overall Morningstar Rating™, ranking it among the top performance funds within the Morningstar Intermediate Core-Plus Bond category, which comprises a total of 540 funds. This accolade further attests to the strategic prowess and execution of the fund's management.

Harris | Oakmark firmly believes in a long-term value investment approach that emphasizes the potential for greater returns by investing in companies assessed to be trading significantly below their intrinsic value. This philosophy is grounded in a belief held by the investment teams that desirable long-term outcomes can be achieved by focusing on strong growth prospects and management teams that prioritize owners.

The Oakmark Funds, under the guidance of Harris Associates, have seen substantial growth, with assets under management totaling around $54 billion as of the end of March 2025. The broader entity, Harris Associates, founded in 1976 and based in Chicago, manages various U.S., international, and global portfolios for both institutional and high-net-worth individuals worldwide. As of the same date, the firm's combined assets under management reached approximately $95 billion, including all accounts serviced by Harris Associates as reported.

Moreover, the Oakmark Funds are distributed by Harris Associates Securities L.P., a reputable member of FINRA, ensuring credible and compliant fund distribution.

In partnership with Natixis Investment Managers, recognized as one of the largest asset managers globally, the collective vision is to connect clients with active management strategies tailored to their unique financial ambitions. With over $1.3 trillion in assets under management, Natixis specializes in various asset classes and investment styles with a commitment to high conviction investment solutions.

As the Oakmark Bond Fund continues its journey, it stands as a testament to Harris | Oakmark’s principles of value-based investing—proving that with a robust strategy and patient long-term vision, substantial milestones can indeed be achieved. For more information on the Oakmark Bond Fund, visit their website.

Disclaimer: Investing involves risks and may lead to principal loss. The realization of the Fund's investment objective is not guaranteed. Please read the prospectus carefully before investing for further insights.