OARIX Fees and Costs — Oakmark International Fund, Service Class
Data updated: 2026-08-26
The net expense ratio is 1.20%: a 0.74% management fee plus 0.48% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9.1M in broker commissions, 0.0606% of average net assets, and portfolio turnover was 32%.
OARIX Fees and Expenses
Annual operating expenses and sales charges of OARIX. Prospectus, as of September 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.48% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
OARIX Costs Over Time
On $10,000 invested in OARIX, assuming 5% a year before costs, total costs come to $784 over 5 years, cutting the return by 1.32% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.20%) | $126 | $392 | $678 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $132 | $432 | $784 |
| Value after costs | $10,368 | $11,144 | $11,978 |
| Impact on return, per year | 1.32% | 1.32% | 1.32% |
OARIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0606%
- Total broker commissions: $9.1M
- Bought from dealers (principal trades, not a cost): $81.0B
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $21 (0.000% of average net assets)
OARIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $851K | 13.54% |
| BofA Securities, Inc. | $812K | 12.92% |
| Jefferies LLC | $808K | 12.86% |
| UBS Securities LLC | $667K | 10.62% |
| BNP Paribas Securities Corp. | $645K | 10.27% |
| Goldman Sachs & Co. LLC | $619K | 9.86% |
| J.P. Morgan Securities LLC | $536K | 8.53% |
| Barclays Capital Inc. | $530K | 8.43% |
| Liquidnet, Inc. | $436K | 6.95% |
| Morgan Stanley & Co. LLC | $378K | 6.02% |
OARIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $79.6B | 98.35% |
| Barclays Capital Inc. | $388.7M | 0.48% |
| J.P. Morgan Securities LLC | $368.2M | 0.45% |
| BofA Securities, Inc. | $292.5M | 0.36% |
| Citigroup Global Markets Inc. | $109.5M | 0.14% |
| Wells Fargo Securities, LLC | $72.4M | 0.09% |
| Goldman Sachs & Co. LLC | $66.8M | 0.08% |
| Mizuho Securities USA LLC | $34.7M | 0.04% |
Oakmark International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| OAZIX | R6 Class | 0.76% | — |
| OANIX | Institutional Class | 0.82% | — |
| OAYIX | Advisor Class | 0.89% | — |
| OAKIX | Investor Class | 1.06% | — |
| OARIX | Service Class | 1.20% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.