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Where does fixed income go from here?
Three veteran fixed income managers answer questions on investors’ minds, especially after the Fed’s interest rate cut.
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About

Michael A. Nicolas, CFA

Partner, Portfolio Manager, Investment Analyst

Harris | Oakmark

Michael Nicolas is a Partner and Vice President at Harris | Oakmark. Joining the Chicago-based firm in 2013, he is on the portfolio management team of the high-conviction, value-oriented Oakmark Fund. He is also a U.S. Investment Analyst. With investment experience dating back to 2002, Michael was previously a managing director at Lakeview Investment Group and a senior analyst at Stratford Advisory Group. Michael earned a BA from the University of Wisconsin-Madison. He holds the designation Chartered Financial Analyst® (CFA).

Funds managed

Natixis Oakmark Fund

Ticker
NEOYX
Concentrated, actively managed large value US equity fund.
Total net assets
$1.02 billion
as of 05/15/2026
Morningstar category
Large Value

Natixis U.S. Equity Opportunities Fund

Ticker
NESYX
Actively managed core US equity fund that combines the expertise of Bill Nygren of Harris Associates and Aziz Hamzaogullari of Loomis Sayles.
Total net assets
$1.20 billion
as of 05/15/2026
Morningstar category
Large Blend

Oakmark Equity and Income Fund

Ticker
OAKBX
Actively managed balanced fund and core holding.
Total net assets
$6.24 billion
as of 09/30/2025

Oakmark Fund

Ticker
OAKMX
Concentrated, actively managed large value US equity fund.
Total net assets
$24.75 billion
as of 09/30/2025

Harris Associates

A consistent approach to value investing.

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

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