Oakmark Equity and Income Fund’s Q4 2025 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark Equity and Income Fund” Q4 2025 investor letter. Oakmark Equity and Income Fund’s objective is to deliver returns while preserving and enhancing capital. The portfolio consists of US equities and fixed-income securities.  The allocation was 60.0% in equities, 38.5% in fixed income, and 1.5% cash. The Fund (Investor Class) outperformed the 60% S&P 500 / 40% Bloomberg U.S. Aggregate Bond Index both in the quarter and since its inception. The equity portion of the portfolio generated a gain of 5.08% compared to 2.66% for the S&P 500 Index. The fixed income portfolio returned 1.35% compared to the Bloomberg U.S. Aggregate Bond Index’s 1.10% gain. In addition, you can check the Fund’s top five holdings to determine its best picks for 2025.

A copy of Oakmark Equity and Income Fund’s Q4 2025 investor letter can be downloaded here.