0001104659-12-053099.txt : 20120801 0001104659-12-053099.hdr.sgml : 20120801 20120801115235 ACCESSION NUMBER: 0001104659-12-053099 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120801 DATE AS OF CHANGE: 20120801 EFFECTIVENESS DATE: 20120801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARRIS ASSOCIATES INVESTMENT TRUST CENTRAL INDEX KEY: 0000872323 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 033-38953 FILM NUMBER: 12999084 BUSINESS ADDRESS: STREET 1: HARRIS ASSOCIATES LP STREET 2: TWO N LASALLE ST STE 500 CITY: CHICAGO STATE: IL ZIP: 60602-3790 BUSINESS PHONE: 8004769625 MAIL ADDRESS: STREET 1: HARRIS ASSOCIATES LP STREET 2: TWO NORTH LASALLE STREET STE 500 CITY: CHICAGO STATE: IL ZIP: 60602-3790 0000872323 S000002760 Oakmark Equity and Income C000007558 Class I OAKBX C000007559 Class II OARBX 497K 1 a12-16870_11497k.htm 497K

HARRIS ASSOCIATES INVESTMENT TRUST
Supplement dated August 1, 2012 to the Summary Prospectus
of the Oakmark Equity and Income Fund dated January 27, 2012 (the "Summary Prospectus")

Effective August 1, the following replaces the table entitled "Shareholder Fees" on page 1 of the Summary Prospectus.

Shareholder Fees (fees paid directly from your investment)

    Class I   Class II  
Maximum sales charge (load) imposed
on purchases
    None       None    
Maximum deferred sales charge (load)     None       None    
Redemption fee     None       None    
Exchange fee     None       None    

 

Re-opening of the Fund. Effective immediately, The Oakmark Equity and Income Fund is open to all new investors. The second paragraph under "Purchase and Sale of Fund Shares" on page 4 of the Summary Prospectus is deleted in its entirety.

SUMPROSUPAUG12-2