Statement of Assets and Liabilities—March 31, 2001
| The Oakmark Fund |
The Oakmark Select Fund |
The Oakmark Small Cap Fund |
|
| Assets | |||
| Investments, at value | $2,536,452,993 | $3,027,294,878 | $231,096,184 |
| (cost: 2,149,564,896) | (cost: 2,393,335,725) | (cost: 243,000,237) | |
| Cash | 329 | 733 | 91 |
| Foreign currency, at value | 0 | 0 | 0 |
| Receivable for: | |||
| Securities sold | 0 | 49,357,331 | 0 |
| Fund shares sold | 3,183,526 | 17,344,066 | 706,758 |
| Dividends and interest | 3,906,294 | 2,439,216 | 66,738 |
| Total receivables | 7,089,820 | 69,140,613 | 773,496 |
| Other Assets | 158,764 | 30,237 | 19,628 |
| Total assets | $2,543,701,906 | $3,096,466,461 | $231,889,399 |
| Liabilities and Net Assets | |||
| Payable for: | |||
| Securities purchased | 0 | 5,188,000 | 311,897 |
| Fund shares redeemed | 13,436,832 | 864,294 | 196,170 |
| Other | 1,196,822 | 1,054,779 | 241,584 |
| Total liabilities | 14,633,654 | 7,107,073 | 749,651 |
| Net assets applicable to fund shares outstanding | $2,529,068,252 | $3,089,359,388 | $231,139,748 |
| Fund shares outstanding | 78,535,599 | 128,826,996 | 16,052,790 |
| Price of Shares | |||
| Net Asset Value Per Share—Class I | $32.20 | $23.98 | $14.40 |
| Net Asset Value Per Share—Class II | $23.93 | ||
| Analysis of Net Assets | |||
| Paid in capital | $2,444,680,064 | $2,514,658,315 | $233,881,901 |
| Accumulated undistributed net realized gain (loss) on sale of investments, forward contracts and foreign currency exchange transactions | (311,896,235) | (63,495,258) | 9,161,900 |
| Net unrealized appreciation (depreciation) of investments | 386,888,097 | 633,959,153 | (11,904,053) |
| Net unrealized appreciation (depreciation) of foreign currency portfolio hedges | 0 | 0 | 0 |
| Net unrealized appreciation (depreciation)—other | 0 | 0 | 0 |
| Accumulated undistributed net investment income (loss) | 9,396,326 | 4,237,178 | 0 |
| Net assets applicable to Fund shares outstanding | $2,529,068,252 | $3,089,359,388 | $231,139,748 |
| Price of Shares | |||
| Net asset value per share: Class I | $32.20 | $23.98 | $14.40 |
| Class I—Net assets | $2,529,068,252 | $3,071,077,878 | $231,139,748 |
| Class I—Shares outstanding | 78,535,599 | 128,063,078 | 16,052,790 |
| Net asset value per share: Class II | $23.93 | ||
| Class II—Net assets | $18,281,510 | ||
| Class II Shares outstanding | 763,918 | ||
| The Oakmark Equity and Income Fund |
The Oakmark Global Fund |
The Oakmark International Fund |
The Oakmark International Small Cap Fund |
|
| Assets | ||||
| Investments, at value | $163,491,591 | $37,287,015 | $780,708,187 | $97,637,807 |
| (cost: 154,415,981) | (cost: 35,114,858) | (cost: 858,908,970) | (cost: 105,501,118) | |
| Cash | 527 | 6,744 | 10 | 66 |
| Foreign currency, at value | 0 | 2,877 | 277,679 | 17,756 |
| Receivable for: | ||||
| Securities sold | 146,857 | 509,505 | 5,335,677 | 239,631 |
| Fund shares sold | 1,499,969 | 134,773 | 2,569,134 | 536,042 |
| Dividends and interest | 630,088 | 165,111 | 5,578,036 | 515,459 |
| Total receivables | 2,276,914 | 809,389 | 13,482,847 | 1,291,132 |
| Other Assets | 1,246 | 10,731 | 73,168 | 4,148 |
| Total assets | $165,770,278 | $38,116,756 | $794,541,891 | $98,950,909 |
| Liabilities and Net Assets | ||||
| Payable for: | ||||
| Securities purchased | 3,580,205 | 713,712 | 11,625,907 | 2,006,810 |
| Fund shares redeemed | 97,577 | 9,935 | 581,051 | 24,586 |
| Other | 135,430 | 111,822 | 1,344,568 | 236,545 |
| Total liabilities | 3,813,212 | 835,469 | 13,551,526 | 2,267,941 |
| Net assets applicable to fund shares outstanding | $161,957,066 | $37,281,287 | $780,990,365 | $96,682,968 |
| Fund shares outstanding | 9,746,837 | 3,319,320 | 55,362,092 | 8,880,841 |
| Price of Shares | ||||
| Net Asset Value Per Share—Class I | $16.62 | $11.23 | $14.11 | $10.89 |
| Net Asset Value Per Share—Class II | $16.59 | $14.09 | $10.88 | |
| Analysis of Net Assets | ||||
| Paid in capital | $149,481,144 | $34,557,334 | $849,740,013 | $102,934,939 |
| Accumulated undistributed net realized gain (loss) on sale of investments, forward contracts and foreign currency exchange transactions | 2,120,439 | 553,573 | 6,413,814 | 1,057,339 |
| Net unrealized appreciation (depreciation) of investments | 9,075,609 | 2,171,995 | (78,201,097) | (7,863,342) |
| Net unrealized appreciation (depreciation) of foreign currency portfolio hedges | 0 | 0 | 0 | 0 |
| Net unrealized appreciation (depreciation)—other | 0 | (1,615) | (134,487) | (16,820) |
| Accumulated undistributed net investment income (loss) | 1,279,874 | 0 | 3,172,122 | 570,852 |
| Net assets applicable to Fund shares outstanding | $161,957,066 | $37,281,287 | $780,990,365 | $96,682,968 |
| Price of Shares | ||||
| Net asset value per share: Class I | $16.62 | $11.23 | $14.11 | $10.89 |
| Class I—Net assets | $161,067,857 | $37,281,287 | $780,800,105 | $96,652,444 |
| Class I—Shares outstanding | 9,693,246 | 3,319,320 | 55,348,590 | 8,878,035 |
| Net asset value per share: Class II | $16.59 | $14.09 | $10.88 | |
| Class II—Net assets | $889,209 | $190,261 | $30,524 | |
| Class II Shares outstanding | 53,591 | 13,503 | 2,806 | |
See accompanying notes to financial statements.