The following is our latest Fund Analyst Report for Oakmark Select (OAKLX) . Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days. True to form, Oakmark Select has rebounded. It receives a Morningstar Analyst Rating of Silver. The strategy is recovering from a multiyear slump. A rough patch during early 2020's pandemic-induced sell-off was disappointing but not uncharacteristic. The portfolio's value tilt relative to its S&P 500 benchmark and former large-blend Morningstar Category peers proved disadvantageous in the narrow growth-led market of recent years. But an inability to get the team's most successful stock picks into this focused portfolio particularly stung versus its more-diversified sibling Oakmark (OAKMX).