Oakmark International Fund
HARRIS ASSOCIATES INVESTMENT TRUST · Series S000002762 · 4 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q1
Oakmark International Fund seeks long-term capital appreciation.
The fund invests in non-U.S. common stocks selected through bottom-up fundamental analysis, seeking companies trading significantly below the adviser's estimate of intrinsic value and possessing strong free cash flows, predictable earnings growth, and management teams aligned with shareholders. The fund typically holds forty-five to sixty-five issuers across at least five countries with no geographic limits, meaning a higher concentration in particular regions or sectors may result. Because the fund's performance depends on the adviser's estimates of intrinsic value and the selection of individual securities, results may diverge materially from broad international equity benchmarks.
| Share class | Expense ratio |
|---|---|
| OAKIX | 1.06% |
| OANIX | 0.82% |
| OAYIX | 0.89% |
| OAZIX | 0.76% |
Portfolio turnover 51.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 96.54% |
| Cash & short-term | 2.61% |
Latest quarter
What changed since the fund's previous filing
Largest new: Bureau Veritas SA, American Honda Finance Corp ×3
Exited: Intertek Group PLC, Roche Holding AG, Flutter Entertainment PLC, Aumovio SE, AMERICAN HONDA FINANCE
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +17.52% | +27.81% | +21.79% | 15.23% | -17.34% | |
| +17.83% | +28.83% | +23.31% | 15.26% | -17.28% | |
| +17.78% | +28.56% | +22.85% | 15.27% | -17.31% | |
| +17.92% | +29.07% | +23.65% | 15.28% | -17.31% |
These classes hold the same portfolio, so the 1.86pp spread over 5 years is the cost difference between them — roughly 0.37pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | BNP Paribas SA | 3.54% | $116.71 | $439.41M | 3.8M |
| — | adidas AG | 3.10% | $204.98 | $384.54M | 1.9M |
| — | Compass Group PLC | 2.92% | $32.30 | $362.49M | 11.2M |
| SUNB | Sunbelt Rentals Holdings IncSUNB | 2.75% | $74.81 | $342.24M | 4.6M |
| — | Symrise AG | 2.72% | $100.34 | $337.63M | 3.4M |
| — | Accor SA | 2.68% | $58.09 | $333.26M | 5.7M |
| — | SAP SE | 2.60% | $153.11 | $323.50M | 2.1M |
| — | LVMH Moet Hennessy Louis Vuitton SE | 2.49% | $553.13 | $308.87M | 558.4K |
| — | Reckitt Benckiser Group PLC | 2.40% | $65.14 | $298.69M | 4.6M |
| — | DSV A/S | 2.38% | $236.79 | $296.32M | 1.3M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 27.58% of net assets, top 25 57.51%, across 59 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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