The Oakmark Funds - Proxy Voting Information

As shareholders in public corporations, it is our responsibility to voice our opinions on corporate governance matters through a process called "proxy voting." This process allows shareholders to vote on various issues ranging from the election of a company's board of directors to management compensation plans.

Proxy voting is a responsibility we take seriously. We have established policies and procedures to guide our actions. See our Proxy Voting Policy (pdf) for more detail.

We approach the voting process with the sole goal of determining whether we believe the resolutions proposed will maximize long-term, per-share value. Since a critical part of our investment process is gauging whether management acts in the interest of long-term shareholders, you should not be surprised to find that our voting record is typically for management's recommendations. You shouldn't interpret this to mean that we don't care about corporate governance. Instead, we believe it is a confirmation that our process of investing with shareholder-aligned management is working.

Click here to access Oakmark's proxy voting information.

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Investing in value stocks presents the risk that value stocks may fall out of favor with investors and underperform growth stocks during given periods.

Before investing in any Oakmark Fund, you should carefully consider the Fund's investment objectives, risks, management fees and other expenses. This and other important information is contained in a Fund's prospectus and summary prospectus. Please read the prospectus and summary prospectus carefully before investing. For more information, please call 1-800-OAKMARK (1-800-625-6275).

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Copyright 2011, Harris Associates Securities L.P., Distributor, Member FINRA.