0001104659-21-130032.txt : 20211026 0001104659-21-130032.hdr.sgml : 20211026 20211026170318 ACCESSION NUMBER: 0001104659-21-130032 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20211026 DATE AS OF CHANGE: 20211026 EFFECTIVENESS DATE: 20211026 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARRIS ASSOCIATES INVESTMENT TRUST CENTRAL INDEX KEY: 0000872323 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-38953 FILM NUMBER: 211349416 BUSINESS ADDRESS: STREET 1: HARRIS ASSOCIATES LP STREET 2: 111 S. WACKER DRIVE, SUITE 4600 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 8004769625 MAIL ADDRESS: STREET 1: HARRIS ASSOCIATES LP STREET 2: 111 S. WACKER DRIVE, SUITE 4600 CITY: CHICAGO STATE: IL ZIP: 60606 0000872323 S000002759 Oakmark Select Fund C000007556 Investor Class OAKLX C000007557 Service Class OARLX C000174797 Advisor Class OAYLX C000174798 Institutional Class OANLX C000225885 R6 Class OAZLX 497 1 a21-31090_1497.htm 497

Harris Associates Investment Trust

Oakmark Select Fund

Supplement dated October 26, 2021 to the Fund's Prospectus, Summary Prospectus, and
Statement of Additional Information, each dated December 15, 2020

Thomas W. Murray, portfolio manager of Oakmark Select Fund (the "Fund") and Vice President, Director of U.S. Research, and analyst of Harris Associates L.P., the Fund's investment adviser, has announced his decision to retire effective in the second quarter of 2022. Mr. Murray will cease his portfolio management and advisory responsibilities and all references to Mr. Murray will be removed in the Fund's Summary Prospectus, Prospectus and Statement of Additional Information at that time. After Mr. Murray's retirement, William C. Nygren and Anthony P. Coniaris will continue as portfolio managers of the Fund.

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