Oakmark International Fund’s Q1 2026 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark International Fund” first-quarter 2026 investor letter. It is a diversified fund that focuses on long-term capital appreciation by investing in common stocks of non-U.S. companies, generally in the mid and large-cap spectrum. A copy of the letter can be downloaded here. In the first quarter, the fund (Investor Class) delivered a return of -6.43%, trailing the benchmark, the MSCI World ex USA Index’s -0.94% return. Industrials and materials were the top performance contributors at the sector level, while the consumer discretionary and information technology were the largest detractors. In addition, you can check the Fund’s top five holdings to determine its best picks for 2026.