Date:		May 29, 2015

To:		D. J. Gorman, HAIT CCO

From:		Colin P. McFarland and Robert
Reey

Subject:	Acquisition of Goldman Sachs
Floating Rate Notes through a
Rule 144A offering to Qualified
Institutional Buyers


As required pursuant to the Funds' Affiliated
Underwriting Procedures Pursuant to Rule 10f-3
(the "Procedures"), a report must be made to
the Trustees at the next regularly scheduled
Board meeting following a purchase of
securities for a Fund in an underwriting in which
any broker-dealer affiliate of the Adviser is a
"principal underwriter".

On May 22, 2015, the Oakmark Equity & Income
Fund purchased $5,000,000 of Goldman Sachs 2
Year Floating Rate Notes due May 22, 2017,
representing 0.67% of the $750,000,000
offered.  Natixis Securities America ("NSA"), an
affiliate of the Adviser, was a co-manager
entitled to a selling concession/gross spread.
NSA did not receive an underwriting
concession/gross spread in connection with the
Fund's purchase.

The transaction met all of the requirements of
Section A of the Procedures, including a
determination of appropriate registration, fair
pricing, minimum continuous operating
requirements for the issuer, a firm commitment
clause in the underwriting agreement, a
reasonable and fair commission, a purchase of
less than the maximum percentage permitted,
and no prohibited affiliated transactions, as
applicable.

Pursuant to the Procedures, this transaction will
be reported on the Funds' Form N-SAR.








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