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Harris Associates

David G. Herro, CFA®

Partner, Deputy Chairman, Portfolio Manager and Chief Investment Officer-International Equities

Harris | Oakmark

David Herro is the Chief Investment Officer-International Equities and serves as a Deputy Chairman. He is a Portfolio Manager for a number of Oakmark funds, including the Oakmark International Fund. His career honors include being named Morningstar’s International Stock Fund Manager of the Year in 2006, International Stock Fund Manager of the Decade for 2000-09 and International Stock Fund Manager of the Year in 2016. David was also International Stock Fund Manager of the Year for 2006. David has been managing international portfolios since 1986, previously managing international portfolios for the State of Wisconsin Investment Board and the Principal Financial Group. He joined Harris | Oakmark in 1992.

David holds a Bachelor of Science in business and economics from the University of Wisconsin – Platteville (1983) and an MA in economics from the University of Wisconsin – Milwaukee (1985). He is a CFA® charterholder.

Funds managed

Oakmark International Fund
Ticker
OAKIX
Flexible, focused foreign large-value fund actively managed by award-winning investor David Herro since its inception in 1992.
Total net assets
$18.33 billion
as of 09/30/2024
Morningstar category
Foreign Large Value
Oakmark Global Fund
Ticker
OAKGX
Concentrated, actively managed, flexible all-cap world stock fund.
Total net assets
$1.17 billion
as of 09/30/2024
Morningstar category
Global Large-Stock Value
Oakmark Global Select Fund
Ticker
OAKWX
Concentrated, actively managed high-conviction world stock fund.
Total net assets
$1.06 billion
as of 09/30/2024
Morningstar category
Global Large-Stock Value
Natixis Oakmark International Fund
Ticker
NOIYX
Foreign large-cap, focused, value fund managed by award-winning portfolio manager David Herro. The fund employs a fundamental value strategy to pursue equity opportunities in non-US markets.
Total net assets
$332.41 million
as of 11/20/2024
Morningstar category
Foreign Large Value
Oakmark International Small Cap Fund
Ticker
OAKEX
Foreign, actively managed small-/mid-value equity fund.
Total net assets
$1.67 billion
as of 09/30/2024
Morningstar category
Foreign Small/Mid Value

Harris | Oakmark

A consistent approach to value investing.

CFA® and Chartered Financial Analyst® are registered trademarks owned by the CFA Institute.

According to Morningstar: The Fund Manager of the Year award recognizes portfolio managers who demonstrate excellent investment skill and the courage to differ from the consensus to benefit investors. The Fund Manager of the Year winners are chosen based on Morningstar’s proprietary research and an in-depth evaluation by its manager research analyst team. Up to five awards are given every year for managers from each of the following asset classes: Domestic Stock, International Stock, Fixed Income, Allocation, and Alternatives.

Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, LLC and Natixis Investment Managers S.A.

This material should not be considered a solicitation to buy or an offer to sell any product or service to any person in any jurisdiction where such activity would be unlawful.

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