Oakmark Equity And Income Service Fund (OARBX - Free Report) seeks high current income and preservation and growth of capital. OARBX invests primarily in a diversified portfolio of U.S. equity and fixed-income securities (although the fund may invest up to 25% of its total assets in securities of non-U.S. companies). OARBX invests about 50-75% of its total assets in common stock, including securities convertible into common stock, and 25-50% of its assets in U.S. government securities and debt securities rated at time of purchase within the two highest grades assigned by Moody's Investors Service, Inc. ('Moody's') or by Standard & Poor's, a division of The McGraw-Hill Companies ('S&P').

This Allocation Balanced product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 5.2% and 5 year 8%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

OARBX’s performance, as of the last filing, when compared to funds in its category was in the top 5% over the past 1 year, and in the top 36% over the past 3 years and in the top 34% over the past 5 years.

The Oakmark Equity And Income Service fund, as of the last filing, allocates their fund in top three major groups; Large Value, High Yield Bond and Foreign Stock. Further, as of the last filing, Bank of America Corporation, General Motors Co and TE Connectivity Ltd were the top holdings for OARBX.

This Zacks Rank #1 (Strong Buy) was created in November 1995 and is managed by Oakmark. OARBX carries an expense ratio of 1.10% and requires a minimal initial investment of $0.