Michigan Public School Employees

Oakmark Equity and Income

Manager: Harris Associates

Category: Balanced Fund

Objective: Seeks maximum high current income, preservation and growth of capital.

Strategy: The Fund invests primarily in US equity and fixed income securities. It invests approximately 50-75% of total assets in common stock, including securities convertible into common stock, and up to 50% of assets in US government securities and debt securities rated within the two highest grades assigned by Moody’s or by Standard & Poor’s. The Fund may also invest up to 20% of assets in unrated or lower rated debt securities.

Fund fact sheet

Oakmark Equity and Income Fund Prospectus