# EDGAR Filing Document

**Accession Number:** 0002035827
**File Stem:** 0001104659-26-065609
**Filing Date:** 2026-5
**Character Count:** 118711
**Document Hash:** 672915e27041951356d470602d27efa3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-065609.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0001104659-26-065609

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 27

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**EFFECTIVENESS DATE**: 20260522

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Harris Oakmark ETF Trust
- **CENTRAL INDEX KEY:** 0002035827

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23998
- **FILM NUMBER:** 261012476

**BUSINESS ADDRESS:**
- **STREET 1:** 111 SOUTH WACKER DRIVE
- **STREET 2:** SUITE 4600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3126463600

**MAIL ADDRESS:**
- **STREET 1:** 111 SOUTH WACKER DRIVE
- **STREET 2:** SUITE 4600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

## Series and Classes Contracts Data

### Oakmark U.S. Large Cap ETF (Series ID: S000088867)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000255242 | Oakmark U.S. Large Cap ETF | OAKM            |

### Oakmark Global Large Cap ETF (Series ID: S000096857)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000265834 | Oakmark Global Large Cap ETF | OAKG            |

### Oakmark International Large Cap ETF (Series ID: S000096858)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000265835 | Oakmark International Large Cap ETF | OAKI            |

?xml version='1.0' encoding='ASCII'? Consolidated ssr-output-EDGAR XBRL File

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANIES**

Investment Company Act file number 811-23998

Harris Oakmark ETF Trust

(Exact name of Registrant as specified in charter)

111 South Wacker Drive, Suite 4600

Chicago, Illinois 60606-4319

(Address of principal executive offices) (Zip code)

Joseph J. Allessie, Esq. Harris Associates L.P. 111 South Wacker Drive, Suite 4600 Chicago, Illinois 60606-4319 Ndenisarya M. Meekins, Esq. K&L Gates LLP 1601 K Street, N.W. Washington, D.C. 20006-1600

(Name and address of agents for service)

Registrant's telephone number, including area code: (312) 646-3600

Date of fiscal year end: September 30, 2026

Date of reporting period: March 31, 2026

**Item 1. Reports to Shareholders.**

(a) Following is a copy of the semi-annual report transmitted to shareholders pursuant to Rule 30e-1
under the Act.

**TABLE OF CONTENTS**

---

| |
|:---|
|  [Oakmark Global Large Cap ETF](#classname38a765b3-224f-4121-addc-02e6ae6c8835)<br> **[OAKG](#classname38a765b3-224f-4121-addc-02e6ae6c8835)**  |
|  [Oakmark International Large Cap ETF](#classnamea228ad1c-5d12-4c67-81fd-74249ccda060)<br> **[OAKI](#classnamea228ad1c-5d12-4c67-81fd-74249ccda060)**  |
|  [Oakmark U.S. Large Cap ETF](#classnamedf7bb300-1c9b-4977-8d38-d0b2d4d82f8a)<br> **[OAKM](#classnamedf7bb300-1c9b-4977-8d38-d0b2d4d82f8a)**  |

---

OAKG

Principal Listing Exchange: NYSE Arca

#### Oakmark Global Large Cap ETF
![Image](tm2614019d3_tsrimg003.jpg)

#### Semi-Annual Shareholder Report

#### March 31, 2026

# Fund overview
This semi-annual shareholder report contains important information about Oakmark Global Large Cap ETF (the "Fund") for the period of December 11, 2025 to March 31, 2026.You can find additional information about the Fund at: oakmark.com/etfs/oakg. You can also request this information without charge by contacting us at 1-800 (458-7452) or contacting your intermediary.

# What were the Fund costs for the reporting period?

#### (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Oakmark Global Large Cap ETF | $18<sup>Footnote Reference+</sup> | 0.62%<sup>Footnote Reference\*</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;Footnote<sup>+</sup> | &nbsp;&nbsp;Expenses for a full reporting period would have been higher. |

---

# How did the Fund perform during the reporting period and what affected its performance?
Oakmark Global Large Cap ETF returned -5.04% on a net asset value ("NAV") basis for the period December 11, 2025 to March 31, 2026, underperforming its benchmark, the MSCI World Index (Net), which returned -3.40% over the same period.

* The Fund's exposure to Switzerland and South Korea contributed most to returns, while exposure to United States and France detracted most from returns.

* At the equity sector level, Energy and Materials performed the strongest, while Information Technology and Consumer Discretionary were the worst performing sectors.

* At the equity holdings level, Glencore PLC (Switzerland) led the positive contributors followed by Samsung Electronics Co. Ltd. (South Korea) and ConocoPhillips (U.S.). Capgemini SE (France), IQVIA Holdings, Inc. (United States) and Salesforce, Inc. (U.S.) were the worst performing equities.

# Fund performance as of March 31, 2026

# Total return based on $10,000 investment (as of March 31, 2026)
![Growth of 10K Chart](tm2614019d3_tsrimg005.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Oakmark Global Large Cap ETF** | **MSCI World Index (Net)** | **MSCI World Value Index (Net)** |
| **12/11/2025** | $10000 | $10000 | $10000 |
| **12/31/2025** | $10152 | $10018 | $10087 |
| **3/31/2026** | $9496 | $9660 | $10206 |

---

# Average annual total returns (%)

---

| | |
|:---|:---|
| Fund | Since Inception 12/11/2025 |
| **Oakmark Global Large Cap ETF (at NAV)** | (5.04%) |
| **MSCI World Index (Net)** | (3.40%) |
| **MSCI World Value Index (Net)** | 2.05% |

---

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. **Past performance is no guarantee of future results.** To obtain the most recent month-end performance, please visit oakmark.com/etfs/oakg.

# Key Fund statistics

---

| | |
|:---|:---|
| Total Net Assets | $34098774 |
| # of Portfolio Holdings | 54 |
| Portfolio Turnover Rate | 11% |
| Total Advisory Fees Paid | $57847 |

---

# What did the Fund invest in? (as a % of total net assets) as of March 31, 2026

# Top 10 holdings

---

| | |
|:---|:---|
| BNP Paribas SA | 3.2% |
| Airbnb, Inc., Class A | 3.0% |
| IQVIA Holdings, Inc. | 3.0% |
| Salesforce, Inc. | 3.0% |
| adidas AG | 2.8% |
| Sunbelt Rentals Holdings, Inc. | 2.8% |
| Glencore PLC | 2.6% |
| Mondelez International, Inc., Class A | 2.4% |
| Daimler Truck Holding AG | 2.4% |
| Bayer AG | 2.4% |

---

# Geographic allocation

---

| | |
|:---|:---|
| United States | 55.4% |
| Germany | 13.5% |
| France | 10.3% |
| Switzerland | 4.8% |
| United Kingdom | 4.7% |
| South Korea | 4.1% |
| Denmark | 2.2% |
| Sweden | 2.0% |
| Netherlands | 1.5% |
| China | 1.4% |
| Other Assets and Liabilities, Net | 0.1% |
| Total | 100.0% |

---

#### Sector allocation

---

| | |
|:---|:---|
| Financials | 19.9% |
| Health Care | 17.5% |
| Industrials | 13.9% |
| Information Technology | 12.7% |
| Consumer Discretionary | 12.6% |
| Consumer Staples | 10.0% |
| Communication Services | 4.5% |
| Energy | 4.1% |
| Materials | 3.9% |
| Short Term Investments & Other, Net | 0.9% |
| Total | 100.0% |

---

#### Additional information
For additional information about the Fund, including its prospectus, financial information, holdings and proxy voting information, scan the QR code or visit **oakmark.com/etfs/oakg**.

Phone: 1-800-(458-7452)

#### Householding
You may have consented to receive one shareholder report at your address if you and one or more individuals in your home have an account with the Fund (householding). If you wish to receive individual copies of your shareholder report, contact 1-800-(458-7452) or contact your intermediary.

![QR Code](tm2614019d3_tsrimg006.jpg)

OAKG

![Image](tm2614019d3_tsrimg001.jpg)

#### Oakmark Global Large Cap ETF
Semi-Annual Shareholder Report March 31, 2026

OAKG-SAR

OAKI

Principal Listing Exchange: NYSE Arca

#### Oakmark International Large Cap ETF
![Image](tm2614019d3_tsrimg003.jpg)

#### Semi-Annual Shareholder Report

#### March 31, 2026

# Fund overview
This semi-annual shareholder report contains important information about Oakmark International Large Cap ETF (the "Fund") for the period of December 11, 2025 to March 31, 2026.You can find additional information about the Fund at: oakmark.com/etfs/oaki. You can also request this information without charge by contacting us at 1-800 (458-7452) or contacting your intermediary.

# What were the Fund costs for the reporting period?

#### (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Oakmark International Large Cap ETF | $19<sup>Footnote Reference+</sup> | 0.65%<sup>Footnote Reference\*</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Annualized. |
| &nbsp;&nbsp;Footnote<sup>+</sup> | &nbsp;&nbsp;Expenses for a full reporting period would have been higher. |

---

# How did the Fund perform during the reporting period and what affected its performance?
Oakmark International Large Cap ETF returned -5.56% on a net asset value ("NAV") basis for the period December 11, 2025 to March 31, 2026, underperforming its benchmark, the MSCI World ex U.S. Index (Net), which returned 1.35% over the same period.

* The Fund's exposure to South Korea and Switzerland contributed most to returns, while exposure to the France and Germany detracted most from returns.

* At the equity sector level, Industrials and Materials performed the strongest, while Consumer Discretionary and Consumer Staples were the worst performing sectors.

* At the equity holdings level, Glencore PLC (Switzerland) led the positive contributors followed by Samsung Electronics Co. Ltd. (South Korea) and Volvo AB, Class B (Sweden). Capgemini SE (France), Flutter Entertainment PLC (United Kingdom) and Bayerische Motoren Werke AG (Germany) were the worst performing equities.

# Fund performance as of March 31, 2026

# Total return based on $10,000 investment (as of March 31, 2026)
![Growth of 10K Chart](tm2614019d3_tsrimg004.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Oakmark International Large Cap ETF** | **MSCI World ex U.S. Index (Net)** | **MSCI World ex U.S. Value Index (Net)** |
| **12/11/2025** | $10000 | $10000 | $10000 |
| **12/31/2025** | $10239 | $10231 | $10312 |
| **3/31/2026** | $9444 | $10135 | $10570 |

---

# Average annual total returns (%)

---

| | |
|:---|:---|
| Fund | Since Inception 12/11/2025 |
| **Oakmark International Large Cap ETF (at NAV)** | (5.56%) |
| **MSCI World ex U.S. Index (Net)** | 1.35% |
| **MSCI World ex U.S. Value Index (Net)** | 5.67% |

---

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. **Past performance is no guarantee of future results.** To obtain the most recent month-end performance, please visit oakmark.com/etfs/oaki.

# Key Fund statistics

---

| | |
|:---|:---|
| Total Net Assets | $68883448 |
| # of Portfolio Holdings | 49 |
| Portfolio Turnover Rate | 14% |
| Total Advisory Fees Paid | $116515 |

---

# What did the Fund invest in? (as a % of total net assets) as of March 31, 2026

# Top 10 holdings

---

| | |
|:---|:---|
| BNP Paribas SA | 3.7% |
| Sunbelt Rentals Holdings, Inc. | 3.5% |
| adidas AG | 3.2% |
| Glencore PLC | 3.0% |
| Bayer AG | 3.0% |
| Bayerische Motoren Werke AG | 2.9% |
| Dassault Systemes SE | 2.9% |
| Reckitt Benckiser Group PLC | 2.8% |
| DSV AS | 2.7% |
| Symrise AG | 2.7% |

---

# Geographic allocation

---

| | |
|:---|:---|
| France | 23.3% |
| Germany | 20.9% |
| United Kingdom | 9.5% |
| United States | 8.7% |
| Netherlands | 8.6% |
| Japan | 5.8% |
| Switzerland | 5.4% |
| South Korea | 5.2% |
| Denmark | 2.7% |
| Mexico | 2.2% |
| Other | 7.6% |
| Other Assets and Liabilities, Net | 0.1% |
| Total | 100.0% |

---

#### Sector allocation

---

| | |
|:---|:---|
| Industrials | 18.3% |
| Consumer Discretionary | 16.5% |
| Consumer Staples | 16.0% |
| Financials | 15.7% |
| Information Technology | 12.6% |
| Health Care | 9.3% |
| Materials | 8.1% |
| Communication Services | 2.0% |
| Short Term Investments & Other, Net | 1.5% |
| Total | 100.0% |

---

#### Additional information
For additional information about the Fund, including its prospectus, financial information, holdings and proxy voting information, scan the QR code or visit **oakmark.com/etfs/oaki**.

Phone: 1-800-(458-7452)

#### Householding
You may have consented to receive one shareholder report at your address if you and one or more individuals in your home have an account with the Fund (householding). If you wish to receive individual copies of your shareholder report, contact 1-800-(458-7452) or contact your intermediary.

![QR Code](tm2614019d3_tsrimg002.jpg)

OAKI

![Image](tm2614019d3_tsrimg001.jpg)

#### Oakmark International Large Cap ETF
Semi-Annual Shareholder Report March 31, 2026

OAKI-SAR

OAKM

Principal Listing Exchange: NYSE Arca

#### Oakmark U.S. Large Cap ETF
![Image](tm2614019d3_tsrimg010.jpg)

#### Semi-Annual Shareholder Report

#### March 31, 2026

# Fund overview
This semi-annual shareholder report contains important information about Oakmark U.S. Large Cap ETF (the "Fund") for the period of October 1, 2025 to March 31, 2026.You can find additional information about the Fund at: oakmark.com/etfs/oakm. You can also request this information without charge by contacting us at 1-800 (458-7452) or contacting your intermediary.

# What were the Fund costs for the last 6 months?

#### (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Oakmark U.S. Large Cap ETF | $30 | 0.59%<sup>Footnote Reference\*</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Annualized. |

---

# How did the Fund perform during the last 6 months and what affected its performance?
Oakmark U.S. Large Cap ETF returned 3.54% on a net asset value ("NAV") basis for the period ended March 31, 2026, outperforming its benchmark, the S&P 500 Index, which returned -1.79% over the same period.

* At the equity sector level, Energy and Communication Services performed the strongest, while Financials and Information Technology were the worst performing sectors.

* At the equity holdings level, ConocoPhillips led the positive contributors followed by Alphabet, Inc., Class A and Targa Resources Corp. Fiserv, Inc., Equifax, Inc. and Salesforce, Inc. were the worst performing equities. 

# Fund performance as of March 31, 2026

# Total return based on $10,000 investment (as of March 31, 2026)
![Growth of 10K Chart](tm2614019d3_tsrimg008.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Oakmark U.S. Large Cap ETF** | **S&P 500 Index** | **Russell 1000 Value Index** |
| **12/3/24** | $10000 | $10000 | $10000 |
| **12/31/24** | $9479 | $9737 | $9364 |
| **3/31/25** | $9859 | $9321 | $9564 |
| **6/30/25** | $10355 | $10341 | $9927 |
| **9/30/25** | $10798 | $11181 | $10456 |
| **12/31/25** | $11512 | $11478 | $10854 |
| **3/31/26** | $11187 | $10980 | $11082 |

---

# Average annual total returns (%)

---

| | | |
|:---|:---|:---|
| Fund | 1 Year | Since Inception 12/3/2024 |
| **Oakmark U.S. Large Cap ETF (at NAV)** | 13.39% | 8.83% |
| **S&P 500 Index** | 17.80% | 7.31% |
| **Russell 1000 Value Index** | 15.87% | 8.06% |

---

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares. **Past performance is no guarantee of future results.** To obtain the most recent month-end performance, please visit oakmark.com/etfs/oakm.

# Key Fund statistics

---

| | |
|:---|:---|
| Total Net Assets | $1064445675 |
| # of Portfolio Holdings | 39 |
| Portfolio Turnover Rate | 1% |
| Total Advisory Fees Paid | $2726218 |

---

# What did the Fund invest in? (as a % of total net assets) as of March 31, 2026

# Top 10 holdings

---

| | |
|:---|:---|
| ConocoPhillips | 5.2% |
| Phillips 66 | 4.4% |
| Targa Resources Corp. | 3.8% |
| Citigroup, Inc. | 3.7% |
| Corteva, Inc. | 3.4% |
| State Street Corp. | 3.4% |
| Willis Towers Watson PLC | 3.4% |
| Salesforce, Inc. | 3.3% |
| Merck & Co., Inc. | 3.3% |
| Airbnb, Inc., Class A | 3.3% |

---

#### Sector allocation

---

| | |
|:---|:---|
| Financials | 35.2% |
| Energy | 13.4% |
| Health Care | 12.3% |
| Consumer Discretionary | 8.8% |
| Industrials | 7.5% |
| Communication Services | 6.1% |
| Materials | 4.9% |
| Information Technology | 4.8% |
| Consumer Staples | 4.6% |
| Real Estate | 1.6% |
| Short Term Investments & Other, Net | 0.8% |
| Total | 100.0% |

---

#### Additional information
For additional information about the Fund, including its prospectus, financial information, holdings and proxy voting information, scan the QR code or visit **oakmark.com/etfs/oakm**.

Phone: 1-800-(458-7452)

#### Householding
You may have consented to receive one shareholder report at your address if you and one or more individuals in your home have an account with the Fund (householding). If you wish to receive individual copies of your shareholder report, contact 1-800-(458-7452) or contact your intermediary.

![QR Code](tm2614019d3_tsrimg007.jpg)

OAKM

![Image](tm2614019d3_tsrimg009.jpg)

#### Oakmark U.S. Large Cap ETF
Semi-Annual Shareholder Report March 31, 2026

OAKM-SAR

(b) Not applicable.

**Item 2. Code of Ethics.**

Not required in this filing.

**Item 3. Audit Committee Financial Expert.**

Not required in this filing.

**Item 4. Principal Accountant Fees and Services.**

Not required in this filing.

**Item 5. Audit Committee of Listed Registrants.**

(a) Not required in this filing.

(b) Not applicable.

**Item 6. Investments.**

(a) The Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included in the Registrant's
financial statements, which are included in Item 7 of this Form N-CSR.

(b) Not applicable.

**Item 7.** **Financial Statements and Financial Highlights for Open-End Management Investment Companies.**

![](j26140194_aa001.jpg)

March 31, 2026

**Semi-Annual Financial Statements and Other Information**

![](j26140194_aa002.jpg)

**Oakmark Global Large Cap ETF**

**Oakmark International Large Cap ETF**

**Oakmark U.S. Large Cap ETF**

**Oakmark ETFs**

March 31, 2026

**Semi-Annual Financial Statements and Other Information**

**Table of contents**

---

| | | |
|:---|:---|:---|
| **Financial Statements** | **Financial Statements** | **Financial Statements** |
|  | [Schedules of Investments](#ca26140194-1) | [1](#ca26140194-1) |
|  | [Statements of Assets and Liabilities](#da26140194-1) | [7](#da26140194-1) |
|  | [Statements of Operations](#da26140194-2) | [8](#da26140194-2) |
|  | [Statements of Changes in Net Assets](#da26140194-3) | [9](#da26140194-3) |
|  | [Notes to Financial Statements](#ea26140194-1) | [12](#ea26140194-1) |
|  | [Financial Highlights](#fa26140194-1) | [18](#fa26140194-1) |
|  | [Other Information](#ha26140194-1) | [19](#ha26140194-1) |

---

Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark Global Large Cap ETF**

March 31, 2026 (Unaudited)

**Schedule of Investments** *(in thousands)*

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | | |
|:---|:---|:---|
| **Common stocks - 97.2%** | **Common stocks - 97.2%** | **Common stocks - 97.2%** |
| **FINANCIALS - 19.9%** | **FINANCIALS - 19.9%** | **FINANCIALS - 19.9%** |
| **FINANCIAL SERVICES - 9.3%** | **FINANCIAL SERVICES - 9.3%** | **FINANCIAL SERVICES - 9.3%** |
| Julius Baer Group Ltd. (Switzerland) | 10 | $762 |
| Intercontinental Exchange, Inc. <br>(United States) | 5 | 742 |
| Charles Schwab Corp. (United States) | 7 | 653 |
| Carlyle Group, Inc. (United States) | 11 | 553 |
| Capital One Financial Corp. (United States) | 3 | 471 |
|  |  | **3181** |
| **BANKS - 6.9%** | **BANKS - 6.9%** | **BANKS - 6.9%** |
| BNP Paribas SA (France) | 12 | 1091 |
| KB Financial Group, Inc. (South Korea) | 8 | 764 |
| Bank of America Corp. (United States) | 10 | 491 |
|  |  | **2346** |
| **INSURANCE - 3.7%** | **INSURANCE - 3.7%** | **INSURANCE - 3.7%** |
| Willis Towers Watson PLC (United States) | 2 | 520 |
| American International Group, Inc. <br>(United States) | 5 | 412 |
| Allianz SE (Germany) | 1 | 342 |
|  |  | **1274** |
|  |  | **6801** |
| **HEALTH CARE - 17.5%** | **HEALTH CARE - 17.5%** | **HEALTH CARE - 17.5%** |
| **HEALTH CARE EQUIPMENT & SERVICES - 8.8%** | **HEALTH CARE EQUIPMENT & SERVICES - 8.8%** | **HEALTH CARE EQUIPMENT & SERVICES - 8.8%** |
| Becton Dickinson & Co. (United States) | 5 | 718 |
| GE HealthCare Technologies, Inc. <br>(United States) | 10 | 717 |
| Elevance Health, Inc. (United States) | 2 | 703 |
| Fresenius SE & Co. KGaA (Germany) | 9 | 480 |
| Molina Healthcare, Inc. (United States) (a) | 3 | 388 |
|  |  | **3006** |
| **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 8.7%** | **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 8.7%** | **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 8.7%** |
| IQVIA Holdings, Inc. (United States) (a) | 6 | 1012 |
| Bayer AG (Germany) | 18 | 812 |
| AstraZeneca PLC ADR (United Kingdom) (b) | 3 | 546 |
| Roche Holding AG (United States) | 1 | 399 |
| Waters Corp. (United States) (a) | 1 | 204 |
|  |  | **2973** |
|  |  | **5979** |
| **INDUSTRIALS - 13.9%** | **INDUSTRIALS - 13.9%** | **INDUSTRIALS - 13.9%** |
| **CAPITAL GOODS - 10.2%** | **CAPITAL GOODS - 10.2%** | **CAPITAL GOODS - 10.2%** |
| Sunbelt Rentals Holdings, Inc. <br>(United States) | 14 | 942 |
| Daimler Truck Holding AG (Germany) | 17 | 816 |
| CNH Industrial NV (United States) | 74 | 812 |
| Airbus SE (France) | 2 | 462 |
| Deere & Co. (United States) | 1 | 424 |
|  |  | **3456** |

---

---

| | | |
|:---|:---|:---|
| **TRANSPORTATION - 2.2%** | **TRANSPORTATION - 2.2%** | **TRANSPORTATION - 2.2%** |
| DSV AS (Denmark) | 3 | $758 |
| **COMMERCIAL & PROFESSIONAL SERVICES - 1.5%** | **COMMERCIAL & PROFESSIONAL SERVICES - 1.5%** | **COMMERCIAL & PROFESSIONAL SERVICES - 1.5%** |
| Equifax, Inc. (United States) | 3 | 517 |
|  |  | **4731** |
| **CONSUMER DISCRETIONARY - 12.6%** | **CONSUMER DISCRETIONARY - 12.6%** | **CONSUMER DISCRETIONARY - 12.6%** |
| **CONSUMER DURABLES & APPAREL - 4.6%** | **CONSUMER DURABLES & APPAREL - 4.6%** | **CONSUMER DURABLES & APPAREL - 4.6%** |
| adidas AG (Germany) | 6 | 960 |
| Kering SA (France) | 2 | 612 |
|  |  | **1572** |
| **CONSUMER SERVICES - 3.0%** | **CONSUMER SERVICES - 3.0%** | **CONSUMER SERVICES - 3.0%** |
| Airbnb, Inc., Class A (United States) (a) | 8 | 1020 |
| **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.8%** | **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.8%** | **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.8%** |
| Prosus NV (Netherlands) | 11 | 495 |
| Alibaba Group Holding Ltd. ADR (China) (b) | 4 | 471 |
|  |  | **966** |
| **AUTOMOBILES & COMPONENTS - 2.2%** | **AUTOMOBILES & COMPONENTS - 2.2%** | **AUTOMOBILES & COMPONENTS - 2.2%** |
| Bayerische Motoren Werke AG (Germany) | 8 | 733 |
|  |  | **4291** |
| **INFORMATION TECHNOLOGY - 10.8%** | **INFORMATION TECHNOLOGY - 10.8%** | **INFORMATION TECHNOLOGY - 10.8%** |
| **SOFTWARE & SERVICES - 8.8%** | **SOFTWARE & SERVICES - 8.8%** | **SOFTWARE & SERVICES - 8.8%** |
| Salesforce, Inc. (United States) | 5 | 1008 |
| Dassault Systemes SE (France) | 35 | 704 |
| Gartner, Inc. (United States) (a) | 4 | 642 |
| Capgemini SE (France) | 5 | 636 |
|  |  | **2990** |
| **TECHNOLOGY HARDWARE & EQUIPMENT - 2.0%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 2.0%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 2.0%** |
| Hexagon AB, Class B (Sweden) | 73 | 691 |
|  |  | **3681** |
| **CONSUMER STAPLES - 10.0%** | **CONSUMER STAPLES - 10.0%** | **CONSUMER STAPLES - 10.0%** |
| **FOOD, BEVERAGE & TOBACCO - 6.1%** | **FOOD, BEVERAGE & TOBACCO - 6.1%** | **FOOD, BEVERAGE & TOBACCO - 6.1%** |
| Mondelez International, Inc., Class A <br>(United States) | 14 | 825 |
| Keurig Dr. Pepper, Inc. (United States) | 28 | 743 |
| Diageo PLC (United Kingdom) | 28 | 513 |
|  |  | **2081** |
| **CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.3%** | **CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.3%** | **CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.3%** |
| Sysco Corp. (United States) | 11 | 795 |
| **HOUSEHOLD & PERSONAL PRODUCTS - 1.6%** | **HOUSEHOLD & PERSONAL PRODUCTS - 1.6%** | **HOUSEHOLD & PERSONAL PRODUCTS - 1.6%** |
| Reckitt Benckiser Group PLC <br>(United Kingdom) | 8 | 535 |
|  |  | **3411** |

---

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 1

**Oakmark Global Large Cap ETF**

March 31, 2026 (Unaudited)

**Schedule of Investments** *(in thousands) (continued)*

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | | |
|:---|:---|:---|
| **Common stocks - 97.2% (continued)** | **Common stocks - 97.2% (continued)** | **Common stocks - 97.2% (continued)** |
| **COMMUNICATION SERVICES - 4.5%** | **COMMUNICATION SERVICES - 4.5%** | **COMMUNICATION SERVICES - 4.5%** |
| **MEDIA & ENTERTAINMENT - 4.5%** | **MEDIA & ENTERTAINMENT - 4.5%** | **MEDIA & ENTERTAINMENT - 4.5%** |
| Alphabet, Inc., Class A (United States) | 2 | $531 |
| Netflix, Inc. (United States) (a) | 5 | 475 |
| Charter Communications, Inc., Class A <br>(United States) (a) | 2 | 435 |
| Warner Bros Discovery, Inc. <br>(United States) (a) | 3 | 80 |
|  |  | **1521** |
| **ENERGY - 4.1%** | **ENERGY - 4.1%** | **ENERGY - 4.1%** |
| ConocoPhillips (United States) | 6 | 751 |
| Phillips 66 (United States) | 3 | 631 |
|  |  | **1382** |
| **MATERIALS - 3.9%** | **MATERIALS - 3.9%** | **MATERIALS - 3.9%** |
| Glencore PLC (Switzerland) | 119 | 887 |
| Symrise AG (Germany) | 5 | 453 |
|  |  | **1340** |
| **Total common stocks - 97.2%<br>(Cost $36,229)** | **Total common stocks - 97.2%<br>(Cost $36,229)** | **33137** |
| **Preferred stocks - 1.9%** | **Preferred stocks - 1.9%** | **Preferred stocks - 1.9%** |
| **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 1.9%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 1.9%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 1.9%** |
| Samsung Electronics Co. Ltd. (South Korea) | 9 | 640 |
| **Total preferred stocks - 1.9%<br>(Cost $513)** | **Total preferred stocks - 1.9%<br>(Cost $513)** | **640** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Par Value** | **Par Value** | **Value** |
| **Short-term investments - 0.8%** | **Short-term investments - 0.8%** | **Short-term investments - 0.8%** | **Short-term investments - 0.8%** |
| **REPURCHASE AGREEMENT - 0.8%** | **REPURCHASE AGREEMENT - 0.8%** | **REPURCHASE AGREEMENT - 0.8%** | **REPURCHASE AGREEMENT - 0.8%** |
| Fixed Income Clearing Corp. <br>Repurchase Agreement, 3.64% <br>dated 3/31/26 due 4/1/26, <br>repurchase price $297, <br>collateralized by a United States <br>Treasury Note, 3.750% due 8/15/27, <br>value plus accrued interest of $303 <br>(Cost: $297) |  | $297 | 297 |
| **Total short-term investments - 0.8%<br>(Cost $297)** | **Total short-term investments - 0.8%<br>(Cost $297)** | **Total short-term investments - 0.8%<br>(Cost $297)** | **297** |
| **TOTAL INVESTMENTS - 99.9%<br>(COST $37,039)** | **TOTAL INVESTMENTS - 99.9%<br>(COST $37,039)** | **TOTAL INVESTMENTS - 99.9%<br>(COST $37,039)** | **34074** |
| Foreign Currencies (Cost $0) - 0.0% (c) | Foreign Currencies (Cost $0) - 0.0% (c) |  | 0<br> (d) |
| Other Assets In Excess of Liabilities - 0.1% | Other Assets In Excess of Liabilities - 0.1% |  | 25 |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$34099** |

---

(a) Non-income producing security.

(b) Sponsored American Depositary Receipt

(c) Amount rounds to less than 0.1%.

(d) Amount rounds to less than $1,000.

2 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark International Large Cap ETF**

March 31, 2026 (Unaudited)

**Schedule of Investments** *(in thousands)* 

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | | |
|:---|:---|:---|
| **Common stocks - 96.7%** | **Common stocks - 96.7%** | **Common stocks - 96.7%** |
| **INDUSTRIALS - 18.3%** | **INDUSTRIALS - 18.3%** | **INDUSTRIALS - 18.3%** |
| **CAPITAL GOODS - 13.0%** | **CAPITAL GOODS - 13.0%** | **CAPITAL GOODS - 13.0%** |
| Sunbelt Rentals Holdings, Inc. <br>(United States) | 37 | $2387 |
| Daimler Truck Holding AG (Germany) | 38 | 1827 |
| SMC Corp. (Japan) | 5 | 1773 |
| CNH Industrial NV (United States) | 127 | 1399 |
| Airbus SE (France) | 7 | 1283 |
| Metso OYJ (Finland) | 17 | 292 |
|  |  | **8961** |
| **TRANSPORTATION - 3.7%** | **TRANSPORTATION - 3.7%** | **TRANSPORTATION - 3.7%** |
| DSV AS (Denmark) | 8 | 1860 |
| Ryanair Holdings PLC ADR (Ireland) (a) | 12 | 690 |
|  |  | **2550** |
| **COMMERCIAL & PROFESSIONAL SERVICES - 1.6%** | **COMMERCIAL & PROFESSIONAL SERVICES - 1.6%** | **COMMERCIAL & PROFESSIONAL SERVICES - 1.6%** |
| Rentokil Initial PLC (United Kingdom) | 174 | 1076 |
|  |  | **12587** |
| **CONSUMER DISCRETIONARY - 16.5%** | **CONSUMER DISCRETIONARY - 16.5%** | **CONSUMER DISCRETIONARY - 16.5%** |
| **CONSUMER DURABLES & APPAREL - 8.9%** | **CONSUMER DURABLES & APPAREL - 8.9%** | **CONSUMER DURABLES & APPAREL - 8.9%** |
| adidas AG (Germany) | 14 | 2207 |
| LVMH Moet Hennessy Louis Vuitton SE <br>(France) | 3 | 1394 |
| Kering SA (France) | 4 | 1324 |
| Cie Financiere Richemont SA, Class A <br>(Switzerland) | 7 | 1221 |
|  |  | **6146** |
| **AUTOMOBILES & COMPONENTS - 2.9%** | **AUTOMOBILES & COMPONENTS - 2.9%** | **AUTOMOBILES & COMPONENTS - 2.9%** |
| Bayerische Motoren Werke AG (Germany) | 22 | 2009 |
| **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.5%** | **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.5%** | **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.5%** |
| Alibaba Group Holding Ltd. ADR (China) (a) | 8 | 965 |
| Coupang, Inc. (South Korea) (b) | 40 | 750 |
|  |  | **1715** |
| **CONSUMER SERVICES - 2.2%** | **CONSUMER SERVICES - 2.2%** | **CONSUMER SERVICES - 2.2%** |
| Accor SA (France) | 33 | 1540 |
|  |  | **11410** |
| **CONSUMER STAPLES - 16.0%** | **CONSUMER STAPLES - 16.0%** | **CONSUMER STAPLES - 16.0%** |
| **FOOD, BEVERAGE & TOBACCO - 11.2%** | **FOOD, BEVERAGE & TOBACCO - 11.2%** | **FOOD, BEVERAGE & TOBACCO - 11.2%** |
| Pernod Ricard SA (France) | 22 | 1643 |
| Danone SA (France) | 19 | 1553 |
| Fomento Economico Mexicano SAB de <br>CV ADR (Mexico) (a) | 14 | 1551 |
| Asahi Group Holdings Ltd. (Japan) | 141 | 1405 |
| Diageo PLC (United Kingdom) | 45 | 829 |
| Mondelez International, Inc., Class A <br>(United States) | 13 | 739 |
|  |  | **7720** |

---

---

| | | | |
|:---|:---|:---|:---|
| **HOUSEHOLD & PERSONAL PRODUCTS - 2.8%** | **HOUSEHOLD & PERSONAL PRODUCTS - 2.8%** | **HOUSEHOLD & PERSONAL PRODUCTS - 2.8%** | **HOUSEHOLD & PERSONAL PRODUCTS - 2.8%** |
| Reckitt Benckiser Group PLC <br>(United Kingdom) |  | 29 | $1962 |
| **CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.0%** | **CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.0%** | **CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.0%** | **CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.0%** |
| Koninklijke Ahold Delhaize NV <br>(Netherlands) |  | 29 | 1352 |
|  |  |  | **11034** |
| **FINANCIALS - 15.7%** | **FINANCIALS - 15.7%** | **FINANCIALS - 15.7%** | **FINANCIALS - 15.7%** |
| **BANKS - 8.0%** | **BANKS - 8.0%** | **BANKS - 8.0%** | **BANKS - 8.0%** |
| BNP Paribas SA (France) |  | 27 | 2569 |
| KB Financial Group, Inc. (South Korea) |  | 17 | 1574 |
| Bank Mandiri Persero Tbk. PT <br>(Indonesia) | 4848 | 4848 | 1347 |
|  |  |  | **5490** |
| **INSURANCE - 7.1%** | **INSURANCE - 7.1%** | **INSURANCE - 7.1%** | **INSURANCE - 7.1%** |
| ASR Nederland NV (Netherlands) |  | 24 | 1632 |
| Allianz SE (Germany) |  | 3 | 1450 |
| Prudential PLC (United Kingdom) |  | 95 | 1303 |
| Reinsurance Group of America, Inc. <br>(United States) |  | 3 | 535 |
|  |  |  | **4920** |
| **FINANCIAL SERVICES - 0.6%** | **FINANCIAL SERVICES - 0.6%** | **FINANCIAL SERVICES - 0.6%** | **FINANCIAL SERVICES - 0.6%** |
| Julius Baer Group Ltd. (Switzerland) |  | 5 | 381 |
|  |  |  | **10791** |
| **INFORMATION TECHNOLOGY - 10.8%** | **INFORMATION TECHNOLOGY - 10.8%** | **INFORMATION TECHNOLOGY - 10.8%** | **INFORMATION TECHNOLOGY - 10.8%** |
| **SOFTWARE & SERVICES - 6.1%** | **SOFTWARE & SERVICES - 6.1%** | **SOFTWARE & SERVICES - 6.1%** | **SOFTWARE & SERVICES - 6.1%** |
| Dassault Systemes SE (France) |  | 99 | 1967 |
| Capgemini SE (France) |  | 12 | 1417 |
| Fujitsu Ltd. (Japan) |  | 40 | 794 |
|  |  |  | **4178** |
| **TECHNOLOGY HARDWARE & EQUIPMENT - 2.8%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 2.8%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 2.8%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 2.8%** |
| Hexagon AB, Class B (Sweden) |  | 150 | 1426 |
| TE Connectivity PLC (Ireland) |  | 3 | 547 |
|  |  |  | **1973** |
| **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.9%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.9%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.9%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.9%** |
| ASML Holding NV (Netherlands) |  | 1 | 1301 |
|  |  |  | **7452** |
| **HEALTH CARE - 9.3%** | **HEALTH CARE - 9.3%** | **HEALTH CARE - 9.3%** | **HEALTH CARE - 9.3%** |
| **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 4.9%** | **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 4.9%** | **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 4.9%** | **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 4.9%** |
| Bayer AG (Germany) |  | 45 | 2050 |
| AstraZeneca PLC ADR (United Kingdom) (a) | AstraZeneca PLC ADR (United Kingdom) (a) | 7 | 1354 |
|  |  |  | **3404** |
| **HEALTH CARE EQUIPMENT & SERVICES - 4.4%** | **HEALTH CARE EQUIPMENT & SERVICES - 4.4%** | **HEALTH CARE EQUIPMENT & SERVICES - 4.4%** | **HEALTH CARE EQUIPMENT & SERVICES - 4.4%** |
| Fresenius SE & Co. KGaA (Germany) |  | 31 | 1595 |
| Siemens Healthineers AG (Germany) |  | 34 | 1408 |
|  |  |  | **3003** |
|  |  |  | **6407** |

---

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 3

**Oakmark International Large Cap ETF**

March 31, 2026 (Unaudited)

**Schedule of Investments** *(in thousands) (continued)*

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | | |
|:---|:---|:---|
| **Common stocks - 96.7% (continued)** | **Common stocks - 96.7% (continued)** | **Common stocks - 96.7% (continued)** |
| **MATERIALS - 8.1%** | **MATERIALS - 8.1%** | **MATERIALS - 8.1%** |
| Glencore PLC (Switzerland) | 279 | $2090 |
| Symrise AG (Germany) | 22 | 1858 |
| Akzo Nobel NV (Netherlands) | 29 | 1640 |
|  |  | **5588** |
| **COMMUNICATION SERVICES - 2.0%** | **COMMUNICATION SERVICES - 2.0%** | **COMMUNICATION SERVICES - 2.0%** |
| **MEDIA & ENTERTAINMENT - 2.0%** | **MEDIA & ENTERTAINMENT - 2.0%** | **MEDIA & ENTERTAINMENT - 2.0%** |
| Publicis Groupe SA (France) | 17 | 1363 |
| **Total common stocks - 96.7%<br>(Cost $73,117)** | **Total common stocks - 96.7%<br>(Cost $73,117)** | **66632** |
| **Preferred stocks - 1.8%** | **Preferred stocks - 1.8%** | **Preferred stocks - 1.8%** |
| **INFORMATION TECHNOLOGY - 1.8%** | **INFORMATION TECHNOLOGY - 1.8%** | **INFORMATION TECHNOLOGY - 1.8%** |
| **TECHNOLOGY HARDWARE & EQUIPMENT - 1.8%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 1.8%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 1.8%** |
| Samsung Electronics Co. Ltd. <br>(South Korea) | 17 | 1251 |
| **Total preferred stocks - 1.8%<br>(Cost $1,020)** | **Total preferred stocks - 1.8%<br>(Cost $1,020)** | **1251** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Par Value** | **Par Value** | **Value** |
| **Short-term investments - 1.4%** | **Short-term investments - 1.4%** | **Short-term investments - 1.4%** | **Short-term investments - 1.4%** |
| **REPURCHASE AGREEMENT - 1.4%** | **REPURCHASE AGREEMENT - 1.4%** | **REPURCHASE AGREEMENT - 1.4%** | **REPURCHASE AGREEMENT - 1.4%** |
| Fixed Income Clearing Corp. <br>Repurchase Agreement, 3.64% <br>dated 3/31/26 due 4/1/26, <br>repurchase price $940, <br>collateralized by a United States <br>Treasury Note, 3.750% due 8/15/27, <br>value plus accrued interest of $958 <br>(Cost: $939) |  | $939 | 939 |
| **Total short-term investments - 1.4%<br>(Cost $939)** | **Total short-term investments - 1.4%<br>(Cost $939)** | **Total short-term investments - 1.4%<br>(Cost $939)** | **939** |
| **TOTAL INVESTMENTS - 99.9%<br>(COST $75,076)** | **TOTAL INVESTMENTS - 99.9%<br>(COST $75,076)** | **TOTAL INVESTMENTS - 99.9%<br>(COST $75,076)** | **68822** |
| Foreign Currencies (Cost $1) - 0.0% (c) | Foreign Currencies (Cost $1) - 0.0% (c) |  | 1 |
| Other Assets In Excess of Liabilities - 0.1% | Other Assets In Excess of Liabilities - 0.1% | Other Assets In Excess of Liabilities - 0.1% | 60 |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$68883** |

---

(a) Sponsored American Depositary Receipt

(b) Non-income producing security.

(c) Amount rounds to less than 0.1%.

4 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark U.S. Large Cap ETF**

March 31, 2026 (Unaudited)

**Schedule of Investments** *(in thousands)*

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | |
|:---|:---|
| **Shares** | **Value** |

---

---

| | | |
|:---|:---|:---|
| **Common stocks - 99.2%** | **Common stocks - 99.2%** | **Common stocks - 99.2%** |
| **FINANCIALS - 35.2%** | **FINANCIALS - 35.2%** | **FINANCIALS - 35.2%** |
| **FINANCIAL SERVICES - 17.9%** | **FINANCIAL SERVICES - 17.9%** | **FINANCIAL SERVICES - 17.9%** |
| State Street Corp. | 288 | $36445 |
| Intercontinental Exchange, Inc. | 219 | 34494 |
| Charles Schwab Corp. | 351 | 32987 |
| Capital One Financial Corp. | 164 | 29923 |
| Fiserv, Inc. (a) | 526 | 29374 |
| Global Payments, Inc. | 257 | 17289 |
| Corebridge Financial, Inc. | 401 | 9563 |
|  |  | **190075** |
| **BANKS - 11.0%** | **BANKS - 11.0%** | **BANKS - 11.0%** |
| Citigroup, Inc. | 349 | 39594 |
| Bank of America Corp. | 665 | 32397 |
| Wells Fargo & Co. | 290 | 23114 |
| First Citizens BancShares, Inc., Class A | 12 | 22386 |
|  |  | **117491** |
| **INSURANCE - 6.3%** | **INSURANCE - 6.3%** | **INSURANCE - 6.3%** |
| Willis Towers Watson PLC | 124 | 35918 |
| American International Group, Inc. | 416 | 31323 |
|  |  | **67241** |
|  |  | **374807** |
| **ENERGY - 13.4%** | **ENERGY - 13.4%** | **ENERGY - 13.4%** |
| ConocoPhillips | 422 | 55648 |
| Phillips 66 | 254 | 46323 |
| Targa Resources Corp. | 163 | 40758 |
|  |  | **142729** |
| **HEALTH CARE - 12.3%** | **HEALTH CARE - 12.3%** | **HEALTH CARE - 12.3%** |
| **HEALTH CARE EQUIPMENT & SERVICES - 7.1%** | **HEALTH CARE EQUIPMENT & SERVICES - 7.1%** | **HEALTH CARE EQUIPMENT & SERVICES - 7.1%** |
| Elevance Health, Inc. | 94 | 27509 |
| Zimmer Biomet Holdings, Inc. | 303 | 27366 |
| GE HealthCare Technologies, Inc. | 293 | 20879 |
|  |  | **75754** |
| **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 5.2%** | **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 5.2%** | **PHARMACEUTICALS, BIOTECHNOLOGY & LIFE <br>SCIENCES - 5.2%** |
| Merck & Co., Inc. | 290 | 34847 |
| IQVIA Holdings, Inc. (a) | 120 | 20476 |
|  |  | **55323** |
|  |  | **131077** |
| **CONSUMER DISCRETIONARY - 8.8%** | **CONSUMER DISCRETIONARY - 8.8%** | **CONSUMER DISCRETIONARY - 8.8%** |
| **CONSUMER SERVICES - 3.3%** | **CONSUMER SERVICES - 3.3%** | **CONSUMER SERVICES - 3.3%** |
| Airbnb, Inc., Class A (a) | 274 | 34626 |
| **AUTOMOBILES & COMPONENTS - 2.3%** | **AUTOMOBILES & COMPONENTS - 2.3%** | **AUTOMOBILES & COMPONENTS - 2.3%** |
| General Motors Co. | 328 | 24463 |
| **CONSUMER DURABLES & APPAREL - 1.7%** | **CONSUMER DURABLES & APPAREL - 1.7%** | **CONSUMER DURABLES & APPAREL - 1.7%** |
| NIKE, Inc., Class B | 346 | 18253 |

---

---

| | | |
|:---|:---|:---|
| **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 1.5%** | **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 1.5%** | **CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 1.5%** |
| Genuine Parts Co. | 155 | $16429 |
|  |  | **93771** |
| **INDUSTRIALS - 7.5%** | **INDUSTRIALS - 7.5%** | **INDUSTRIALS - 7.5%** |
| **TRANSPORTATION - 5.5%** | **TRANSPORTATION - 5.5%** | **TRANSPORTATION - 5.5%** |
| Delta Air Lines, Inc. | 471 | 31326 |
| Union Pacific Corp. | 113 | 27438 |
|  |  | **58764** |
| **COMMERCIAL & PROFESSIONAL SERVICES - 2.0%** | **COMMERCIAL & PROFESSIONAL SERVICES - 2.0%** | **COMMERCIAL & PROFESSIONAL SERVICES - 2.0%** |
| Equifax, Inc. | 116 | 20939 |
|  |  | **79703** |
| **COMMUNICATION SERVICES - 6.1%** | **COMMUNICATION SERVICES - 6.1%** | **COMMUNICATION SERVICES - 6.1%** |
| **MEDIA & ENTERTAINMENT - 6.1%** | **MEDIA & ENTERTAINMENT - 6.1%** | **MEDIA & ENTERTAINMENT - 6.1%** |
| Alphabet, Inc., Class A | 92 | 26347 |
| Warner Bros Discovery, Inc. (a) | 772 | 21200 |
| Charter Communications, Inc., Class A (a) | 80 | 17261 |
|  |  | **64808** |
| **MATERIALS - 4.9%** | **MATERIALS - 4.9%** | **MATERIALS - 4.9%** |
| Corteva, Inc. | 437 | 36583 |
| Amrize Ltd. (a) | 282 | 15814 |
|  |  | **52397** |
| **INFORMATION TECHNOLOGY - 4.8%** | **INFORMATION TECHNOLOGY - 4.8%** | **INFORMATION TECHNOLOGY - 4.8%** |
| **SOFTWARE & SERVICES - 3.3%** | **SOFTWARE & SERVICES - 3.3%** | **SOFTWARE & SERVICES - 3.3%** |
| Salesforce, Inc. | 190 | 35474 |
| **TECHNOLOGY HARDWARE & EQUIPMENT - 1.5%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 1.5%** | **TECHNOLOGY HARDWARE & EQUIPMENT - 1.5%** |
| CDW Corp. | 126 | 15259 |
|  |  | **50733** |
| **CONSUMER STAPLES - 4.6%** | **CONSUMER STAPLES - 4.6%** | **CONSUMER STAPLES - 4.6%** |
| **FOOD, BEVERAGE & TOBACCO - 4.6%** | **FOOD, BEVERAGE & TOBACCO - 4.6%** | **FOOD, BEVERAGE & TOBACCO - 4.6%** |
| Keurig Dr. Pepper, Inc. | 1261 | 33190 |
| Constellation Brands, Inc., Class A | 102 | 15226 |
|  |  | **48416** |
| **REAL ESTATE - 1.6%** | **REAL ESTATE - 1.6%** | **REAL ESTATE - 1.6%** |
| **REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.6%** | **REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.6%** | **REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.6%** |
| CBRE Group, Inc., Class A (a) | 128 | 17325 |
| **Total common stocks - 99.2%<br>(Cost $1,069,654)** | **Total common stocks - 99.2%<br>(Cost $1,069,654)** | **1055766** |

---

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 5

**Oakmark U.S. Large Cap ETF**

March 31, 2026 (Unaudited)

**Schedule of Investments** *(in thousands) (continued)*

---

| | |
|:---|:---|
| **Par Value** | **Value** |

---

---

| | | |
|:---|:---|:---|
| **Short-term investments - 0.7%** | **Short-term investments - 0.7%** | **Short-term investments - 0.7%** |
| **REPURCHASE AGREEMENT - 0.7%** | **REPURCHASE AGREEMENT - 0.7%** | **REPURCHASE AGREEMENT - 0.7%** |
| Fixed Income Clearing Corp. <br>Repurchase Agreement, 3.64% <br>dated 3/31/26 due 4/1/26, <br>repurchase price $7,763, <br>collateralized by a United States <br>Treasury Note, 4.375% due 7/15/27, <br>value plus accrued interest of $7,917 <br>(Cost: $7,762) | $7762 | $7762 |
| **Total short-term investments - 0.7%<br>(Cost $7,762)** | **Total short-term investments - 0.7%<br>(Cost $7,762)** | **7762** |
| **TOTAL INVESTMENTS - 99.9%<br>(COST $1,077,416)** | **TOTAL INVESTMENTS - 99.9%<br>(COST $1,077,416)** | **1063528** |
| Other Assets In Excess of Liabilities - 0.1% | Other Assets In Excess of Liabilities - 0.1% | 918 |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$1064446** |

---

(a) Non-income producing security.

6 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark ETFs**

March 31, 2026 (Unaudited)

**Statement of Assets and Liabilities** *(in thousands except per share amounts)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Oakmark<br> Global <br>Large Cap ETF** | **Oakmark<br> Global <br>Large Cap ETF** | **Oakmark<br> Global <br>Large Cap ETF** | **Oakmark<br>International<br>Large Cap ETF** | **Oakmark U.S. <br>Large Cap ETF** |
| **Assets** | **Assets** | | |  |
| Investments in unaffiliated securities, at value (a) | Investments in unaffiliated securities, at value (a) | $34074 | $68822 | $1063528 |
| Foreign currency, at value (b) | Foreign currency, at value (b) | 0<br> <sup>(c)</sup> | 1 | 0 |
| Receivable for: | Receivable for: |  |  |  |
| Fund shares sold | Fund shares sold | 0 | 0 | 276 |
| Dividends and interest from unaffiliated securities <br>(Net of foreign tax withheld) | Dividends and interest from unaffiliated securities <br>(Net of foreign tax withheld) | 28 | 64 | 1028 |
| Tax reclaim from unaffiliated securities | Tax reclaim from unaffiliated securities | 2 | 6 | 0 |
| Total receivables | Total receivables | 30 | 71 | 1304 |
| Total assets | Total assets | $34104 | $68893 | $1064832 |
| **Liabilities and net assets** | **Liabilities and net assets** |  |  |  |
| Payable for: | Payable for: |  |  |  |
| Due to custodian | Due to custodian | $1 | $1 | $0 |
| Securities purchased | Securities purchased | 0 | 0 | 267 |
| Investment advisory fee | Investment advisory fee | 4 | 9 | 119 |
| Total liabilities | Total liabilities | 5 | 10 | 386 |
| Net assets applicable to Fund shares outstanding | Net assets applicable to Fund shares outstanding | $34099 | $68883 | $1064446 |
| **Analysis of net assets** | **Analysis of net assets** |  |  |  |
| Paid in capital | Paid in capital | $36768 | $74736 | $996812 |
| Distributable earnings | Distributable earnings | (2669) | (5853) | 67634 |
| Net assets applicable to Fund shares outstanding | Net assets applicable to Fund shares outstanding | $34099 | $68883 | $1064446 |
| **Price of shares** | **Price of shares** |  |  |  |
| Net asset value, offering and redemption price per share: | Net asset value, offering and redemption price per share: | $24.01 | $23.67 | $27.56 |
| Net assets | Net assets | $34099 | $68883 | $1064446 |
| Shares outstanding (Unlimited shares authorized) | Shares outstanding (Unlimited shares authorized) | 1420 | 2910 | 38624 |
| (a) | Identified cost of investments in unaffiliated securities. | $37039 | $75076 | $1077416 |
| (b) | Identified cost of foreign currency. | $0<br> <sup>(c)</sup> | $1 | $0 |
| (c) | Amount rounds to less than $1,000. | Amount rounds to less than $1,000. | Amount rounds to less than $1,000. | Amount rounds to less than $1,000. |

---

*See accompanying Notes to Financial Statements.*

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 7

**Oakmark ETFs**

**Statements of Operations** *March 31, 2026 (Unaudited) (in thousands)*

---

| | | | |
|:---|:---|:---|:---|
| **Oakmark <br>Global <br>Large Cap ETF**<sup>(a)</sup> | **Oakmark <br>Global <br>Large Cap ETF**<sup>(a)</sup> | **Oakmark<br>International<br>Large Cap ETF**<sup>(a)</sup> | **Oakmark U.S.<br>Large Cap ETF** |
| **Investment Income:** | | |  |
| Dividends from unaffiliated securities | $138 | $274 | $7570 |
| Interest income from unaffiliated securities | 4 | 9 | 166 |
| Foreign taxes withheld | (6) | (21) | 0 |
| Total investment income | 136 | 262 | 7736 |
| **Expenses:** |  |  |  |
| Investment advisory fee | 64 | 126 | 2957 |
| Total expenses | 64 | 126 | 2957 |
| Advisory fee waiver / Expense Reimbursement <br>from Advisor | (5) | (9) | (231) |
| Net expenses | 59 | 117 | 2726 |
| **Net investment income** | **77** | **145** | **5010** |
| **Net realized and unrealized gain (loss):** |  |  |  |
| Net realized gain (loss) on: |  |  |  |
| Unaffiliated investments | 234 | 265 | (584) |
| Unaffiliated in-kind transactions | 0 | 0 | 89264 |
| Foreign currency transactions | (6) | 7 | 0 |
| Net realized gain | 228 | 272 | 88680 |
| Net change in unrealized depreciation on: |  |  |  |
| Unaffiliated investments | (2965) | (6254) | (72133) |
| Foreign currency translation | (1) | (1) | 0 |
| Net change in unrealized (depreciation) | (2966) | (6255) | (72133) |
| Net realized and unrealized gain (loss) | (2738) | (5983) | 16547 |
| Net increase (decrease) in net assets resulting from <br>operations | $(2661) | $(5838) | $21557 |

---

(a) Fund commenced operation on December 11, 2025.

*See accompanying Notes to Financial Statements.*

8 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark ETFs**

**Statements of Changes in Net Assets** *(in thousands)*

---

| | |
|:---|:---|
| | **Oakmark Global<br>Large Cap ETF** |
| **Period Ended <br>March 31, 2026 <br>(Unaudited)**<sup>(a)</sup> | **Period Ended <br>March 31, 2026 <br>(Unaudited)**<sup>(a)</sup> |
| **From Operations:** |  |
| Net investment income | $77 |
| Net realized gain | 228 |
| Net change in unrealized (depreciation) | (2966) |
| **Net increase (decrease) in net assets from operations** | **(2661)** |
| **Distributions to shareholders from:** |  |
| Distributions to shareholders | (8) |
| **Total distributions to shareholders** | **(8)** |
| **From Fund share transactions:** |  |
| Proceeds from shares sold | 36768 |
| **Net increase in net assets from Fund share transactions** | **36768** |
| **Total increase in net assets** | 34099 |
| **Net assets:** |  |
| Beginning of period |  |
| End of period | $34099 |
| **Fund share transactions** |  |
| Shares sold | 1420 |
| Shares issued in reinvestment of dividends | 0 |
| Less shares redeemed | 0 |
| **Net increase in shares outstanding** | **1420** |

---

(a) Fund commenced operation on December 11, 2025.

*See accompanying Notes to Financial Statements.*

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 9

**Oakmark ETFs**

**Statements of Changes in Net Assets** *(in thousands) (continued)*

---

| | |
|:---|:---|
| | **Oakmark <br>International<br>Large Cap ETF** |
| **Period Ended <br>March 31, 2026 <br>(Unaudited)**<sup>(a)</sup> | **Period Ended <br>March 31, 2026 <br>(Unaudited)**<sup>(a)</sup> |
| **From Operations:** | |
| Net investment income | $145 |
| Net realized gain | 272 |
| Net change in unrealized (depreciation) | (6255) |
| **Net increase (decrease) in net assets from operations** | **(5838)** |
| **Distributions to shareholders from:** |  |
| Distributions to shareholders | (15) |
| **Total distributions to shareholders** | **(15)** |
| **From Fund share transactions:** |  |
| Proceeds from shares sold | 74736 |
| **Net increase in net assets from Fund share transactions** | **74736** |
| **Total increase in net assets** | 68883 |
| **Net assets:** |  |
| Beginning of period |  |
| End of period | $68883 |
| **Fund share transactions** |  |
| Shares sold | 2910 |
| Shares issued in reinvestment of dividends | 0 |
| Less shares redeemed | 0 |
| **Net increase in shares outstanding** | **2910** |

---

(a) Fund commenced operation on December 11, 2025.

*See accompanying Notes to Financial Statements.*

10 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark ETFs**

**Statements of Changes in Net Assets** *(in thousands)*

---

| | | |
|:---|:---|:---|
| | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** |
| **Six Months Ended <br>March 31, 2026 <br>(Unaudited)** | **Six Months Ended <br>March 31, 2026 <br>(Unaudited)** | **Period Ended<br>September 30, 2025**<sup>(a)</sup> |
| **From Operations:** | | |
| Net investment income | $5010 | $3279 |
| Net realized gain | 88680 | 5510 |
| Net change in unrealized appreciation (depreciation) | (72133) | 58245 |
| **Net increase in net assets from operations** | **21557** | **67034** |
| **Distributions to shareholders from:** |  |  |
| Distributions to shareholders | (5923) | (17) |
| **Total distributions to shareholders** | **(5923)** | **(17)** |
| **From Fund share transactions:** |  |  |
| Proceeds from shares sold | 680108 | 751596 |
| Payment for shares redeemed | (329989) | (119920) |
| **Net increase in net assets from Fund share transactions** | **350119** | **631676** |
| **Total increase in net assets** | 365753 | 698693 |
| **Net assets:** |  |  |
| Beginning of period | 698693 |  |
| End of period | $1064446 | $698693 |
| **Fund share transactions** |  |  |
| Shares sold | 24360 | 30864 |
| Shares issued in reinvestment of dividends | 0 | 0 |
| Less shares redeemed | (11810) | (4790) |
| **Net increase in shares outstanding** | **12550** | **26074** |

---

(a) Commenced operations on December 3, 2024.

*See accompanying Notes to Financial Statements.*

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 11

**Harris Oakmark ETF Trust**

**Notes to Financial Statements (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**1.** **ORGANIZATION**

The following are the significant accounting policies of Oakmark Global Large Cap ETF ("Global ETF"), Oakmark International Large Cap ETF ("International ETF") and Oakmark U.S. Large Cap ETF ("U.S. ETF"), collectively referred to as the "Funds," each a series of Harris Oakmark ETF Trust (the "Trust"), a Delaware statutory trust, organized on July 11, 2024, which is registered as an open-end management investment company under the Investment Company Act of 1940, as amended (the "1940 Act") and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 946 *Financial Services—Investment Companies*.

Each Fund is diversified in accordance with the 1940 Act. The following policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). The presentation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and assumptions.

Each Fund issues shares to, and redeems shares from, certain institutional investors known as Authorized Participants (typically market makers or other broker-dealers who have entered into contractual arrangements with the Funds' distributor) only in large blocks of Fund shares known as "Creation Units." Creation Unit transactions are generally conducted in exchange for the deposit or delivery of a portfolio of in-kind securities designated by each Fund and a specified amount of cash.

Shares of each Fund are listed on the NYSE Arca, Inc. ("Exchange") and trade in the secondary market, where most investors buy and sell them at market prices that change throughout the day. Such market prices may be lower, higher or equal to the net asset value (the "NAV"). Accordingly, when transacting in the secondary market, investors may pay more than NAV when purchasing shares and receive less than NAV when selling shares. They may also be subject to brokerage commissions and charges. Shares of each Fund are or will be traded on the Exchange.

**2.** **SIGNIFICANT ACCOUNTING POLICIES**

**Security valuation**

A Fund's share price is also called the NAV of a share. The NAV per share of each class of each Fund is normally determined by the Funds' custodian as of the close of regular session trading (usually 4:00 p.m. Eastern time) on the New York Stock Exchange (the "NYSE") on any day on which the NYSE is open for regular trading. If the NYSE is unexpectedly closed on a day it would normally be open for business, or if the NYSE has an unscheduled early closure, the Funds reserve the right to accept purchase and redemption orders and calculate their share price as of the normally scheduled close of regular trading on the NYSE for that day.

The NYSE is closed on Saturdays and Sundays and on New Year's Day, the third Mondays in January and February, Good Friday, the last Monday in May, Juneteenth National Independence Day, Independence Day, the first Monday in September, Thanksgiving, and Christmas. If one of these holidays falls on a Saturday or Sunday, the NYSE will be closed on

the preceding Friday or the following Monday, respectively. A Fund's NAV will not be calculated on days when the NYSE is closed. The NAV of a Fund's shares is determined by dividing the value of the assets attributable to that Fund, less liabilities attributable to that Fund, by the number of outstanding shares of that Fund.

Trading in securities of non-U.S. issuers takes place in various markets on some days and at times when the NYSE is not open for trading. In addition, securities of non-U.S. issuers may not trade on some days when the NYSE is open for trading. The value of the Funds' portfolio holdings may change on days when the NYSE is not open for trading and you cannot purchase or redeem Fund shares.

Equity securities principally traded on securities exchanges in the United States are valued at the last reported sale price or the official closing price as of the time of valuation on that exchange, or lacking a reported sale price on the principal exchange at the time of valuation, at the most recent bid quotation on the principal exchange. Each over-the-counter security traded on the NASDAQ National Market System shall be valued at the NASDAQ Official Closing Price ("NOCP"), or lacking a NOCP at the time of valuation, at the most recent bid quotation. Other over-the-counter securities are valued at the last sales prices at the time of valuation or, lacking any reported sales on that day, at the most recent bid quotations.

Each equity security principally traded on a securities exchange outside the United States shall be valued, depending on local convention or regulation, at the last sale price, the last bid or asked price, the mean between the last bid and asked prices, the official closing price, an auction price, or the pricing convention accepted as the official closing price by MSCI Inc., for their index calculations. If there are unexpected disruptions in the primary market or valuations from the primary market are deemed suspect, equity securities may be valued based on a pricing composite or valuations from another exchange as of the close of the regular trading hours on the appropriate exchange or other designated time.

Short-term debt instruments (i.e., debt instruments whose maturities or expiration dates at the time of acquisition are one year or less) or money market instruments are valued at the latest bid quotation or an evaluated price from an independent pricing service. If a bid quotation or evaluated price from a pricing vendor is not available for short-term debt instrument or money market instrument maturing in 60 days or less from date of valuation, such instruments are valued at amortized cost, which approximates market value.

Long-term debt instruments are valued at the latest bid quotation or at an evaluated price provided by an independent pricing service. The pricing service may use standard inputs, such as benchmark yields, reported trades, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, and reference data, including market research publications. For certain security types, additional inputs may be used or some of the standard inputs may not be applicable. Additionally, the pricing service monitors market indicators and industry and economic events, which may serve as a trigger to gather and possibly use additional market data.

Options are valued at the mean of the most recent bid and asked quotations. In the event an option is out of the money and no bid

12 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Harris Oakmark ETF Trust**

**Notes to Financial Statements (Unaudited)** (continued)

is available, a zero value may be assumed as the bid for purposes of calculating the mean of the most recent bid and ask quotations. In the event that designated pricing vendors are unable to provide valuations or timely valuations for Flexible Exchange ("FLEX") options on a given day, each FLEX option purchased or written may be valued using the Option Valuation ("OVME") function on Bloomberg. The OVME function requires objective inputs (strike price, exercise style and expiration dates) to derive a valuation using Bloomberg's proprietary calculations. If FLEX options are valued using the OVME function, they shall be valued at the mid of the buy and sell valuations produced by OVME.

To the extent available, prices for all portfolio investments held by the Funds shall be obtained from one or more pricing vendors designated by the custodian. If values or prices are not readily available or are deemed unreliable, or if an event that is expected to affect the value of a portfolio security occurs after the close of the primary market or exchange on which that security is traded and before the close of the NYSE, the security will be valued at a fair value determined in good faith in accordance with the Funds' valuation procedures approved by the Board. As permitted by Rule 2a-5 of the 1940 Act, the Board has designated the Adviser as the Funds' valuation designee (as defined in the rule). The valuation designee is responsible for determining fair value in good faith for any and all Fund investments, subject to oversight by the Board. The Funds may use a systematic fair valuation model provided by an independent pricing service to value securities of non-U.S. issuers in order to adjust for changes in value that may occur between the close of certain foreign exchanges and the NYSE. All assets and liabilities initially expressed in foreign currencies are converted into U.S. dollars at a current exchange price quoted by an independent pricing service or any major bank or dealer. If such quotations are not available, the rate of exchange will be determined in good faith in accordance with Fund policies and procedures. Although fair

valuation may be more commonly used with equity securities of non-U.S. issuers, it also may be used in a range of other circumstances, including thinly-traded domestic securities or fixed-income securities. When fair value pricing is employed, the value of a portfolio security used by a Fund to calculate its NAV may differ from quoted or published prices for the same security.

**Fair value measurement**

Various inputs are used in determining the value of each Fund's investments. These inputs are prioritized into three broad levels as follows:

Level 1—quoted prices in active markets for identical securities

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk and others)

Level 3—significant unobservable inputs (including the assumptions of the Adviser in determining the fair value of investments)

Observable inputs are those based on market data obtained from independent sources and unobservable inputs reflect the Adviser's own assumptions based on the best information available. The input levels are not necessarily an indication of risk or liquidity associated with investing in those securities.

The following is a summary of the inputs used as of March 31, 2026, in valuing each Fund's assets and liabilities**.** Except for the industries or investment types separately stated below, the total amounts for common stocks, fixed income and short-term investments in the table below are presented by industry or investment type in each Fund's Schedule of Investments. Information on forward foreign currency contracts is presented in each Fund's Schedule of Investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **(in thousands)** | **Quoted Prices<br>in Active<br>Markets for<br>Identical <br>Assets<br>(Level 1)** | **Quoted Prices<br>in Active<br>Markets for<br>Identical <br>Assets<br>(Level 1)** | **Other<br>Significant<br>Observable<br>Inputs<br>(Level 2)** | **Significant<br>Unobservable<br>Inputs<br>(Level 3)** |
| **Global ETF** | **Global ETF** | **Global ETF** | **Global ETF** | **Global ETF** |
| Common Stocks |  | $33137 | $0 | $0 |
| Preferred Stocks |  | 640 | 0 | 0 |
| Short-Term Investments |  | 0 | 297 | 0 |
| **Total** | **Total** | **$33777** | **$297** | **$0** |
| **International ETF** | **International ETF** | **International ETF** | **International ETF** | **International ETF** |
| Common Stocks |  | $66632 | $0 | $0 |
| Preferred Stocks |  | 1251 | 0 | 0 |
| Short-Term Investments |  | 0 | 939 | 0 |
| **Total** | **Total** | **$67883** | **$939** | **$0** |
| **U.S. ETF** | **U.S. ETF** | **U.S. ETF** | **U.S. ETF** | **U.S. ETF** |
| Common Stocks |  | $1055766 | $0 | $0 |
| Short-Term Investments |  | 0 | 7762 | 0 |
| **Total** | **Total** | **$1055766** | **$7762** | **$0** |

---

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 13

**Harris Oakmark ETF Trust**

**Notes to Financial Statements (Unaudited)** (continued)

**Offsetting assets and liabilities**

ASC 210 requires entities to disclose gross and net information about instruments and transactions eligible for offset on the Statement of Assets and Liabilities and disclose instruments and transactions subject to master netting or similar agreements. This disclosure is limited to derivative instruments, repurchase and reverse repurchase agreements, and securities borrowing and lending transactions.

At March 31, 2026, none of the Funds held open forward foreign currency contracts.

At March 31, 2026, each Fund held investments in repurchase agreements. The gross value of these investments and the value of the related collateral are presented in each Fund's Schedule of Investments. The value of the related collateral for each Fund exceeded the value of the repurchase agreements held at period end.

The value of the securities on loan and the value of the related collateral as of period end, if any, are included in the Securities lending section of Note 2 to Financial Statements.

**Foreign currency translations**

Certain Funds invest in foreign securities, which may involve a number of risk factors and special considerations not present with investments in securities of U.S. corporations. Values of investments and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars at current exchange rates obtained by a recognized bank, dealer or independent pricing service on the day of valuation. Purchases and sales of investments and dividend and interest income are converted at the prevailing rate of exchange on the respective dates of such transactions.

The Funds do not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held. Such fluctuations are included in net realized gain (loss) on investments and net change in unrealized appreciation (depreciation) on investments in the Statements of Operations. Net realized gains and losses on foreign currency transactions arising from the sale of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions and the difference between the amounts of dividends, interest and tax reclaims recorded and the U.S. dollar equivalent of the amounts actually received or paid are included in net realized gain (loss) on foreign currency transactions in the Statements of Operations. Unrealized gains and losses arising from changes in the fair value of assets and liabilities, other than investments in securities, resulting from changes in exchange rates are included in net change in unrealized appreciation (depreciation) on foreign currency translation in the Statements of Operations.

**Forward foreign currency contracts**

Forward foreign currency contracts are agreements to exchange one currency for another at a future date and at a specified price. The Funds' transactions in forward foreign currency contracts are limited to transaction and portfolio hedging. The contractual amounts of forward foreign currency contracts do not necessarily represent the amounts potentially subject to risk. The measurement of the risks associated with these instruments is meaningful only when all related and offsetting transactions are considered and could exceed the net unrealized value shown in the tables below. Risks arise from the possible inability of counterparties to meet the terms of their contracts and from

movements in currency values. Forward foreign currency contracts are valued at the current day's interpolated foreign exchange rates. Unrealized gain or loss on the contracts, as measured by the difference between the forward foreign exchange rates at the dates of entry into the contracts and the forward rates at the end of the period, if any, is included in the Statements of Assets and Liabilities. Realized gains and losses and the net change in unrealized appreciation (depreciation) on forward foreign currency contracts for the year, if any, are included in the Statements of Operations.

At March 31, 2026, none of the Funds engaged in forward foreign currency contracts.

**Security transactions and investment income**

Security transactions are accounted for on the trade date (date the order to buy or sell is executed) and dividend income is recorded on the ex-dividend date, except that certain dividends from foreign securities are recorded as soon as the information becomes available after the ex-dividend date. Interest income and expenses are recorded on an accrual basis. Discount is accreted on long-term fixed income securities using the yield-to-maturity method. Premium is amortized on long-term fixed income securities using the yield-to-earliest call method. Withholding taxes and tax reclaims on foreign dividends have been provided for in accordance with the Funds' understanding of the applicable country's tax rules and rates. Net realized gains and losses on investments are determined by the specific identification method.

**Short sales**

Each Fund may sell a security it does not own in anticipation of a decline in the fair value of that security. When a Fund sells a security short, it must borrow the security sold short and deliver it to the broker-dealer through which it made the short sale. A gain, limited to the price at which the Fund sold the security short, or loss, unlimited in size, will be recognized upon the termination of the short sale. Each Fund may sell shares of when-issued securities. Typically, a Fund sells when-issued securities when a company announces a spin-off or re-organization, and the post spin-off or post reorganization shares begin trading on a when-issued basis prior to the effective date of the corporate action. A sale of a when-issued security is treated as a short sale under the U.S. Generally Accepted Accounting Principles. After the effective date, when shares of the new company are received, any shares sold on a when-issued basis will be delivered to the counterparty.

At March 31, 2026, none of the Funds had short sales.

**When-issued or delayed-delivery securities**

Each Fund may purchase securities on a when-issued or delayed-delivery basis. Although the payment and interest terms of these securities are established at the time a Fund enters into the commitment, the securities may be delivered and paid for a month or more after the date of purchase when their value may have changed. A Fund makes such commitments only with the intention of actually acquiring the securities, but may sell the securities before the settlement date if the Adviser deems it advisable for investment reasons. At March 31, 2026, each Fund qualifies as a limited derivatives user under Rule 18f-4 of the 1940 Act and has adopted policies and procedures to manage its derivatives risk.

At March 31, 2026, none of the Funds held when-issued securities.

14 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Harris Oakmark ETF Trust**

**Notes to Financial Statements (Unaudited)** (continued)

**Accounting for options**

When a Fund writes an option, the premium received by the Fund is recorded as a liability and is subsequently adjusted to the current fair value of the option written. Premiums received from writing options that expire are recorded by the Fund on the expiration date as realized gains from option transactions. The difference between the premium and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is also treated as a realized gain, or if the premium is less than the amount paid for the closing purchase transaction, as a realized loss. If a call option is exercised, the premium is added to the proceeds from the sale of the underlying security or currency in determining whether the Fund has realized a gain or a loss. If a put option is exercised, the premium reduces the cost basis of the security or currency purchased by the Fund. In writing an option, the Fund bears the market risk of an unfavorable change in the price of the security or currency underlying the written option. As the writer of a covered call option on a security, a Fund foregoes, during the option's life, the opportunity to profit from increases in the market value of the security covering the call option above the sum of the premium and the exercise price of the call. Exercise of an option written by the Fund could result in the Fund selling or buying a security or currency at a price different from the current fair value. Options written by the Fund do not give rise to counterparty credit risk, as they obligate the Fund, not its counterparties, to perform.

When a Fund purchases an option, the premium paid by the Fund is recorded as an asset and is subsequently adjusted to the current fair value of the option purchased. Purchasing call options tends to increase the Fund's exposure to the underlying instrument. Purchasing put options tends to decrease the Fund's exposure to the underlying instrument. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying security to determine the realized gain or loss. The risks associated with purchasing put and call options are potential loss of the premium paid and, in the instances of OTC derivatives, the failure of the counterparty to honor its obligation under the contract.

The Funds did not purchase or write any options during the period ended March 31, 2026.

**Expense offset arrangement**

State Street serves as the custodian of the Funds. State Street's fee may be reduced by credits that are an earnings allowance calculated on the average daily cash balances each Fund maintains with State Street. Credit balances used to reduce the Fund's custodian fees, if any, are reported as a reduction of total expenses in the Statements of Operations.

During the period ended March 31, 2026, none of the Funds received an expense offset credit.

**Repurchase agreements**

Each Fund may invest in repurchase agreements, which are short-term investments whereby the Fund acquires ownership of a debt security and the seller agrees to repurchase the security at a future date at a specified price.

The Funds' custodian receives delivery of the underlying securities collateralizing repurchase agreements. It is the Funds' policy that the value of the collateral be at least equal to 102% of the

repurchase price, including interest. The Adviser is responsible for determining that the value of the collateral is at all times at least equal to 102% of the repurchase price, including interest. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon a Fund's ability to dispose of the underlying securities.

At March 31, 2026, all of the Funds held repurchase agreements.

**Security lending**

Each Fund may lend its portfolio securities to broker-dealers and banks. Any such loan must be continuously secured by collateral in cash, cash equivalents, or U.S. Treasury or agency securities maintained on a current basis in an amount at least equal to the fair value of the securities loaned by a Fund. The Fund would continue to receive the equivalent of the interest or dividends paid by the issuer on the securities loaned and would also receive an additional return that may be in the form of a fixed fee or a percentage of the earnings on the collateral. The Fund has the right to call the loan and attempt to obtain the securities loaned at any time on notice of not more than five business days. In the event of bankruptcy or other default of the borrower, the Fund could experience delays in liquidating the loan collateral or recovering the loaned securities and incur expenses related to enforcing its rights. There could also be a decline in the value of the collateral or in the fair value of the securities loaned while the Fund seeks to enforce its rights thereto and the Fund could experience subnormal levels of income or lack of access to income during that period. A Fund may not exercise proxy voting rights for a security that is on loan if it is unable to recall the security prior to the record date. The Trust, on behalf of the Funds, has entered into an agreement with State Street to serve as its agent for the purpose of lending securities and maintaining the collateral account. Security lending income, if any, net of any fees retained by the securities lending agent, is included in the Statements of Operations.

At March 31, 2026, none of the Funds had securities on loan.

**Interfund lending**

Pursuant to an exemptive order issued by the SEC, the Funds may participate in an interfund lending program. This program provides an alternative credit facility that allows the Funds to lend money to, and borrow money from, all funds within the Trust and within the Harris Associates Investment Trust for temporary purposes (an "Interfund Loan"). All Interfund Loans are subject to conditions pursuant to the SEC exemptive order designed to ensure fair and equitable treatment of participating Funds. Any Interfund Loan would consist only of uninvested cash reserves that the lending Fund otherwise would invest in short term repurchase agreements or other short-term instruments.

During the period ended March 31, 2026, none of the Funds had interfund loans.

**3.** **TRANSACTIONS WITH AFFILIATES**

Each Fund has an investment advisory agreement with the Adviser. Under the investment advisory agreement, the Adviser bears all of its own costs associated with providing services to the Fund. In addition, the Adviser has contractually agreed to pay all operating expenses of the Funds, except (i) interest and taxes (including, but not limited to, income, excise, transaction, transfer and withholding taxes); (ii) expenses of the Fund incurred with respect to the acquisition, voting and/or disposition of

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 15

**Harris Oakmark ETF Trust**

**Notes to Financial Statements (Unaudited)** (continued)

portfolio securities and the execution of portfolio transactions, including brokerage commissions; (iii) acquired fund fees and expenses; (iv) dividend and interest expenses relating to short sales; (v) expenses incurred in connection with any distribution plan adopted by the Trust in compliance with Rule12b-1 under the 1940 Act, including distribution fees; (vi) the compensation payable to the Adviser under the management agreement; (vii) securities lending expenses; (viii) costs of holding shareholder meetings and proxy related expenses; (ix) litigation and indemnification expenses; (x) tax reclaim expenses; and (xi) any extraordinary expenses. For serving as investment adviser and for providing administrative services, the Adviser receives from the Fund a monthly fee based on that Fund's average daily net assets.

Global ETF, International ETF, and U.S. ETF will pay the Adviser a fee of 0.67%, 0.70%, and 0.64%, respectively, of each Fund's average daily net assets for serving as investment adviser and for providing administrative services.

The Adviser has contractually undertaken to waive its management fee by 0.05% of each Fund's average daily net assets until January 27, 2027. The advisory fee waiver amount was $5, $9 and $231 (in thousands) for Global ETF, International ETF and U.S. ETF, respectively and can be found on the Statements of Operations.

**4.** **FEDERAL INCOME TAXES**

It is each Fund's policy to comply with the requirements of the Internal Revenue Code applicable to regulated investment companies and to distribute substantially all of its net taxable income, including any net realized gains on investments, to its shareholders. Therefore, no federal income tax provision is required. The Adviser has determined that no income tax provision for uncertain tax positions is required in the Funds' financial statements.

At March 31, 2026, the cost of investments for federal income tax purposes and related composition of unrealized gains and losses for each Fund were as follows (in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | **Cost of Investments<br>for Federal Income<br>Tax Purposes** | **Gross Unrealized<br>Appreciation** | **Gross Unrealized<br>(Depreciation)** | **Net Unrealized<br>Appreciation<br>(Depreciation)** |
| Global ETF | $37039 | $1068 | $(4033) | $(2965) |
| International ETF | 75076 | 1525 | (7779) | (6254) |
| U.S. ETF | 1077756 | 83252 | (97480) | (14228) |

---

As of March 31, 2026, the short- and long-term capital losses available to offset future capital gains were as follows (in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | **Utilized During<br>the Period** | **Short-Term** | **Long-Term** | **Total at<br>Period End** |
| Global ETF | $— | $— | $— | $— |
| International ETF |  |  |  |  |
| U.S. ETF |  | 9495 | 253 | 9748 |

---

At March 31, 2026, the components of distributable earnings on a tax basis (excluding unrealized appreciation (depreciation)) were as follows (in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | **Undistributed<br>Ordinary Income** | **Undistributed Long-<br> Term Gain** | **Total Distributable<br>Earnings** |
| Global ETF | $69 | $227 | $296 |
| International ETF | 130 | 273 | 403 |
| U.S. ETF | 2346 |  | 2346 |

---

During the period ended March 31, 2026, the tax character of distributions paid was as follows (in thousands):

---

| | | | |
|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Period Ended<br>March 31, 2026** | **Period Ended<br>September 30, 2025** | **Period Ended<br>September 30, 2025** |
|<br>**Fund** | **Distributions Paid<br>from Ordinary<br>Income** | **Distributions Paid<br>from Ordinary<br>Income** | **Distributions Paid<br>from Long-Term<br>Capital Gain** |
| Global ETF | $8 | $— | $— |
| International ETF | 15 |  |  |
| U.S. ETF | 5923 | $17 | $— |

---

16 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Harris Oakmark ETF Trust**

**Notes to Financial Statements (Unaudited)** (continued)

On March 31, 2026, the Funds had temporary book/tax differences in undistributed earnings that were primarily attributable to deferrals of capital losses on wash sales. Temporary differences will reverse over time. The Funds have permanent differences in book/tax undistributed earnings primarily attributable to redemptions in kind.

Permanent differences incurred during the six-month period ended March 31, 2026, will result in the following reclassifications among the components of net assets for the year ended September 30, 2026 (in thousands):

---

| | | |
|:---|:---|:---|
| **Fund** | **Paid in <br>Capital** | **Distributable<br>Earnings** |
| Global ETF | $— | $— |
| International ETF |  |  |
| U.S. ETF | 89264 | (89264) |

---

**5.** **INVESTMENT TRANSACTIONS**

For the period ended March 31, 2026, transactions in investment securities (excluding short-term, in-kind transaction and U.S. government securities) were as follows (in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Global ETF** | **Global ETF** | **International <br>ETF** | **U.S. ETF** |
| Purchases | $4582 | $13578 | $291068 |
| Proceeds from sales | 3032 | 8010 | 9802 |

---

For the period ended March 31, 2026, Global ETF, International ETF and U.S. ETF had in-kind purchase transactions (in thousands) of $34,962; $68,308; and $389,440, respectively and in-kind sale transactions (in thousands) of $0; $0; and 323,552, respectively. These amounts are excluded from the Portfolio Turnover Rate presented in the Financial Highlights.

During the period ended March 31, 2026, U.S. ETF engaged in engaged in purchase transactions (in thousands) totaling $265 with funds that have a common investment advisor.

**6.** **INVESTMENTS IN AFFILIATED ISSUERS**

A company was considered to be an affiliate of a Fund because that Fund owned 5% or more of the company's voting securities during all or part of the period ended March 31, 2026. Purchase and sale transactions and dividend and interest income earned during the period on this securities are listed after the applicable Fund's Schedule of Investments.

**7.** **NEW ACCOUNTING PRONOUNCEMENTS**

During the period ended March 31, 2026, the Trust adopted FASB Accounting Standards Update No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, (ASU 2023-07), which requires incremental disclosures related to a public entity's reportable segments. Adoption of the new standard impacted financial statement disclosures only and did not affect any Fund's financial position or the results of its operations. In connection with the adoption of ASU 2023-07, the Trust's President has been designated as the Funds' Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of each Fund's single segment and deciding how to allocate the segment's resources. The CODM has determined that each Fund is a single operating segment because the CODM monitors the operating results of each Fund separately and evaluates each Funds' performance in accordance with each Fund's principal investment strategies disclosed in its prospectus. The CODM considers changes in net assets from operations, expense ratios, total returns and fund composition to make resource allocation decisions, which is consistent with the results presented in each Fund's Schedule of Investments, Statement of Assets and Liabilities, Statement of Operations, Statement of Changes in Net Assets and Financial Highlights.

**8.** **SUBSEQUENT EVENTS**

The Adviser has evaluated the possibility of subsequent events existing in the Funds' financial statements. The Adviser has determined that there are no material events that would require adjustment or disclosure in the Funds' financial statements through the date of the publication of this report.

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 17

**Oakmark ETFs**

**Financial Highlights** *For a share outstanding throughout each period*

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income from Investment Operations:** | **Income from Investment Operations:** | **Income from Investment Operations:** | **Less Distributions:** | **Less Distributions:** | | |
| **Net Asset <br>Value, <br>Beginning of<br>Period** | **Net Asset <br>Value, <br>Beginning of<br>Period** | **Net<br>Investment <br>Income**<sup>(b)</sup> | **Net Gain<br>(Loss) on<br>Investments<br>(Both<br>Realized and<br>Unrealized)** | **Total from<br>Investment<br>Operations** | **Distributions<br>from Net<br>Investment<br>Income** | **Distributions<br>from<br>Capital<br>Gains** | <br>**Total<br>Distributions** | <br>**Net Asset<br>Value,<br>End of<br>Period** |
|  | **Oakmark Global Large Cap ETF** | | | | | | |  |
|  | $25.62 | 0.06 | (1.66) | (1.60) | (0.01) | 0.00 | (0.01) | $24.01 |
|  | **Oakmark International Large Cap ETF** |  |  |  |  |  |  |  |
|  | $25.39 | 0.06 | (1.77) | (1.71) | (0.01) | 0.00 | (0.01) | $23.67 |
|  | **Oakmark U.S. Large Cap ETF** |  |  |  |  |  |  |  |
| 10/1/25-3/31/26<sup>+</sup> | $26.80 | 0.15 | 0.80 | 0.95 | (0.19) | 0.00 | (0.19) | $27.56 |
| 9/30/25<sup>(c) +</sup> | $25.00 | 0.26 | 1.55 | 1.81 | (0.01) | 0.00 | (0.01) | $26.80 |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total <br>Return** | **Total <br>Return** | **Net Assets,<br>End of<br>Period<br>($million)** | **Ratio of<br>Net<br>Investment<br>Income to<br>Average<br>Net Assets** | | **Ratio of<br>Gross<br>Expenses<br>to Average<br>Net Assets** | **Ratio of<br>Gross<br>Expenses<br>to Average<br>Net Assets** | **Ratio of<br>Waiver/<br>Reimbursement<br>to Average<br>Net Assets** | **Ratio of<br>Waiver/<br>Reimbursement<br>to Average<br>Net Assets** | **Ratio of<br>Net<br>Expenses<br>to Average<br>Net Assets** | **Ratio of<br>Net<br>Expenses<br>to Average<br>Net Assets** | **Portfolio<br>Turnover<br>Rate** | **Portfolio<br>Turnover<br>Rate** |
|  | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** | **Oakmark Global Large Cap ETF** |
| Period Ended 3/31/26<sup>(a) +</sup> | -5.04% | $34.1 | 0.82% | † | 0.67 | %† | (0.05 | %)† | 0.62 | %† | 11 | % |
|  | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** | **Oakmark International Large Cap ETF** |
| Period Ended 3/31/26<sup>(a) +</sup> | -5.56% | $68.9 | 0.81% | † | 0.70 | %† | (0.05 | %)† | 0.65 | %† | 14 | % |
|  | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** | **Oakmark U.S. Large Cap ETF** |
| 10/01/25-3/31/26<sup>+</sup> | 3.54% | $1064.4 | 1.08% | † | 0.64 | %† | (0.05 | %)† | 0.59 | %† | 1 | % |
| 9/30/25<sup>(c) +</sup> | 8.05% | $698.7 | 1.15% | † | 0.64 | %† | (0.05 | %)† | 0.59 | %† | 11 | % |

---

+

Unaudited.

†

Data has been annualized.

(a) Commenced operations on December 11, 2025.

(b) Computed using average shares outstanding throughout the period.

(c) Commenced operations on December 3, 2024.

*See accompanying Notes to Financial Statements.*

18 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark ETFs**

**Other Information**

**Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

Not applicable.

**Proxy Disclosures for Open-End Management Investment Companies**

Not applicable.

**Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies**

Included in the Statement of Operations within the Fund's Financial Statements.

**Statement Regarding Basis for Approval of Investment Advisory Agreement**

**Oakmark International Large Cap ETF and Oakmark Global Large Cap ETF Disclosure Regarding the Board of Trustees' Initial Consideration and Approval of each Investment Advisory Agreement as Approved November 5, 2025**

Prior to approving the investment advisory agreements with Harris Associates L.P. (the "Adviser") (each, the "Agreement" and together, the "Agreements"), with respect to each of Oakmark International Large Cap ETF and Oakmark Global Large Cap ETF (each a "Fund"), the Board of Trustees (the "Board" or "Trustees") of the Harris Oakmark ETF Trust (the "Trust"), including a majority of the Trustees who are not "interested persons" of the Adviser or the Funds ("Independent Trustees"), evaluated the Agreements at a meeting held on November 5, 2025.

The Board's Committee on Contracts (the "Committee") led the Board in its evaluation of the Agreements. The Committee is comprised entirely of Independent Trustees, and more than 75% of the Board is comprised of Independent Trustees. The Committee, together with the other Independent Trustees, requested, received, reviewed and considered materials provided by the Adviser in response to questions submitted by the Independent Trustees that they believed to be relevant to the evaluation of the Agreements in light of legal advice furnished to them by their legal counsel that is experienced in Investment Company Act of 1940 matters and that is independent from the Adviser ("Independent Counsel"); their own business judgment; and developments in the industry, the markets and open-end fund regulation and litigation. They also met with senior representatives of the Adviser regarding, among other things, its personnel, operations and financial condition as they relate to each Fund.

In connection with its deliberations, the Board also considered a broad range of information relevant to the Agreements that is provided to the Board (including its various standing committees) at meetings throughout the year and for the annual consideration of continuance of investment advisory agreements for the other investment companies in the Oakmark family of funds. The Independent Trustees were advised by Independent Counsel throughout their deliberations and receive, at least annually, from Independent Counsel a memorandum discussing the legal standards for their consideration of such investment advisory agreements. During the course of the year and during their deliberations regarding the Agreements, the Committee and the other Independent Trustees met with Independent Counsel separately from representatives of the Adviser. While the Board considered the approval of the Agreements for each of the Funds at the same meetings, the Board considered each Fund's Agreement separately from those of each other Fund.

In connection with its approval of the Agreements, the Board evaluated the terms of the Agreements, the overall fairness of the Agreement to each Fund and whether the Agreements were in the best interests of each Fund and its shareholders. The Board considered all factors it deemed relevant with respect to each Fund, including the following factors: (1) the nature, extent, and quality of the services to be provided by the Adviser; (2) the expected costs of the services to be provided by the Adviser; (3) the extent to which economies of scale might be realized as each Fund grows; and (4) whether proposed fee levels reflect any such potential economies of scale for the benefit of each Fund's shareholders. The Board's determination to approve the Agreements was based on a comprehensive consideration of all information provided to the Board. This description is not intended to include all of the factors considered by the Board. The Trustees did not identify any particular information or factor that was all-important or controlling, and each Trustee may have attributed different weights to the various factors. Additionally, the information and factors considered, and weight placed on any particular information or factor may change over time. The Board focused on the costs and benefits of the Agreements to each Fund and, through each Fund, its shareholders.

With respect to the Board's consideration of the nature, extent and quality of the Adviser's services to be provided to each Fund, the Board considered: the Adviser's investment approach; the qualifications, experience and capabilities of, and the resources available to the Adviser's investment and other personnel responsible for managing each Fund; the Adviser's compliance program; and the Adviser's long-term history of care and conscientiousness in the management of the other investment

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 19

**Oakmark ETFs**

companies in the Oakmark family of funds. The Board also considered historical composite performance of other funds or separate accounts advised or sub-advised by the Adviser with investment objectives, policies, and strategies similar to those of each Fund. The Board noted the extensive range of services that the Adviser would provide to each Fund beyond the investment management services. The Board considered that the Adviser would provide administrative services, including, among others, fund administration and accounting services, regulatory and legal obligation oversight, supervision of Fund operations and Board support. The Board also considered the Adviser's policies and practices regarding trade execution, transaction costs, and allocation of portfolio transactions. The Board noted that the Adviser will also be responsible for monitoring compliance with each Fund's investment objectives, policies and restrictions, as well as compliance with applicable law, including implementing regulatory initiatives of the U.S. Securities and Exchange Commission and other regulators. The Board also considered that the Adviser's responsibilities will include continual management of investment, operational, enterprise, legal, regulatory and compliance risks as they relate to each Fund. It also considered information regarding the Adviser's processes for monitoring and managing each Fund's related risk.

The Board also noted the Adviser's contractual obligation to oversee each Fund's various outside service providers, including its negotiation of certain service providers' fees and its evaluation of service providers' infrastructure, cybersecurity programs, compliance programs and business continuity programs, among other matters. The Board also considered the Adviser's ongoing development of its own internal infrastructure, including, among other things, its operational and trading capabilities, and its information technology to support each Fund's compliance structure through, among other things, cybersecurity programs, business continuity planning and risk management. In addition, the Board noted the positive compliance history of the Adviser. The Board also considered the ability of the Adviser to attract and retain qualified personnel to service each Fund.

With respect to the overall fairness of the Agreements, the Board considered the proposed fee structure for each Fund under its Agreement as compared to a peer group of funds with comparable investment programs provided by Broadridge Financial Solutions, Inc., an independent consulting firm that specializes in the analysis of fund industry data. Specifically, the Board considered each Fund's proposed management fee and the management fees for other funds comparable in fund type and investment classification/objective to each Fund, and considered each Fund's proposed total expense ratio, which reflects the total fees to be paid by an investor, and those of its peer group. The Board also considered each Fund's unitary fee structure, under which each Fund would pay for most advisory and administrative services it requires for one set fee. In return for this unitary fee, the Adviser will provide or obtain certain of the services necessary for fund operations including, but not limited to, investment advisory, custody, audit, compliance and recordkeeping services. The Board considered that the unitary fee would lead to fund fees that are fixed over the contract period, rather than variable. The Board also considered the Adviser's proposed contractual advisory fee waiver for each Fund.

With respect to Oakmark International Large Cap ETF and Oakmark Global Large Cap ETF, the Board noted that each Fund's contractual management fee, actual management fee after waiver, and total expense ratio were each above the median of the comparable data for each Fund's peers.

The Board also considered whether it would be appropriate to evaluate any anticipated economies of scale in relation to the services the Adviser would provide to each Fund, noting that, at the start-up phase of a fund, it may be too soon to anticipate the economies of scale in anything more than a general manner. The Board considered any fall-out benefits likely to accrue to the Adviser or its affiliates from their relationship with each Fund. While each Fund's fee structure does not provide for a reduction of payments resulting from the use of breakpoints, the Board considered, among other things, each Fund's unitary fee structure, the proposed contractual advisory fee waiver that reduces each Fund's expenses at all asset levels, and the Adviser's representation that each Fund was priced to scale.

The Board also considered other funds or separate accounts advised or sub-advised by the Adviser with investment objectives, policies, and strategies similar to those of the Funds, and compared the fees to be paid by the Funds to the fees paid by such comparable funds and/or separate accounts. The Board considered the appropriateness and reasonableness of any differences between the fees to be paid by such Fund and the fees paid by such comparable funds and/or separate accounts, and determined that differences in fees and fee structures were consistent with the differences in the management and other services provided. The Board considered the Adviser's assertion that although the fees paid by some accounts were lower than the fees to be paid by each respective Fund, the difference reflected the Adviser's greater level of responsibilities and significantly broader scope of services to the Funds, the more extensive regulatory obligations and risks associated with managing the Funds, and other financial considerations with respect to creation and sponsorship of the Funds.

The Board also considered the Adviser's estimated costs in serving as each Fund's investment adviser and manager. Finally, the Board considered the Adviser's profitability analysis and noted that the Adviser anticipates generating a loss for the first year of each Fund's operation for expenses in excess of the unitary fee.

**Conclusion**

In approving the Agreements, the Board, including all of the Independent Trustees, in its business judgment, concluded that approval of each Agreement was in the best interests of each Fund and its shareholders. In reaching this determination, the

20 \| Semi-Annual Financial Statements and Other Information: Oakmark ETFs

**Oakmark ETFs**

Board considered that the nature, extent and quality of the services to be provided by the Adviser to each Fund were appropriate; that the management fee to be paid by each Fund to the Adviser was reasonable in light of the services to be provided; that the anticipated profitability of the Adviser's relationship with each Fund appeared to be reasonable in relation to the services to be performed; and that the benefits accruing to the Adviser and its affiliates by virtue of their relationship with each Fund were reasonable in light of the costs and risks associated with providing the investment advisory and other services to each Fund and the benefits accruing to each Fund.

Semi-Annual Financial Statements and Other Information: Oakmark ETFs \| 21

**Item** **8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.**

Not applicable.

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.**

Not applicable.

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.**

The remuneration paid to trustees, officers, and others is disclosed in the Registrant's financial statements, which is included in Item 7 of this Form N-CSR.

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

The statements regarding the basis for the approval of the investment advisory contracts with respect to Oakmark International Large Cap ETF and Oakmark Global Large Cap ETF are disclosed in the Registrant's financial statements, which is included in Item 7 of this Form N-CSR.

**Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable.

**Item 13. Portfolio Managers of Closed-End Management Investment Companies.**

Not applicable.

**Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.**

Not applicable.

**Item 15. Submission of Matters to a Vote of Security Holders.**

During the period covered by this report, no material changes were made to the procedures by which shareholders may recommend nominees to the Registrant's board of trustees.

**Item 16. Controls and Procedures.**

(a) Based on an evaluation of the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the
Investment Company Act of 1940, the "Disclosure Controls"), the Disclosure Controls are effectively designed to ensure that
information required to be disclosed by the Registrant in this report is recorded, processed, summarized, and reported within 90 days
prior to the filing of this report, including ensuring that information required to be disclosed in this report is accumulated and communicated
to the Registrant's management, including the Registrant's principal executive officer and principal financial officer, as appropriate
to allow timely decisions regarding required disclosure.

(b) There were no changes in the Registrant's internal controls over financial reporting (as defined in Rule 30a-3(d) under
the Investment Company Act of 1940) that occurred during the period covered by this report that has materially affected, or is reasonably
likely to materially affect, the Registrant's internal control over financial reporting.

**Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.**

Not applicable.

**Item 18. Recovery of Erroneously Awarded Compensation.**

Not applicable.

**Item 19. Exhibits.**

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| | |
|:---|:---|
| (a)(1) | [A copy of the Code is incorporated by reference to Harris Associates Investment Trust's Form N-CSR, Investment Company Act file number 811-06279 (filed December 4, 2024).](https://www.sec.gov/Archives/edgar/data/872323/000110465924125538/tm2426235d1_ex99-xax1.htm) |

---

(a)(2) Not applicable.

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| | |
|:---|:---|
| (a)(3) | [Certifications of Rana J. Wright, Principal Executive Officer, and Zachary D. Weber, Principal Financial Officer, Principal Accounting Officer and Treasurer, pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2), attached hereto as Exhibits (a)(3)(i) and (a)(3)(ii), respectively.](tm2614019d3_ex99-cert.htm) |

---

(a)(4) Not applicable.

(a)(5) Not applicable.

(b) [Certification of Rana J. Wright, Principal Executive Officer, and Zachary D. Weber, Principal Financial Officer, Principal Accounting Officer and Treasurer, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, attached hereto as Exhibit (b).](tm2614019d3_ex99-906cert.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Harris Oakmark ETF Trust

---

| | |
|:---|:---|
| By: | /s/ Rana J. Wright |
|  | Rana J. Wright |
|  | Principal Executive Officer |
| Date: | May 22, 2026 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Rana J. Wright |
|  | Rana J. Wright |
|  | Principal Executive Officer |
| Date: | May 22, 2026 |
| By: | /s/ Zachary D. Weber |
|  | Zachary D. Weber |
|  | Principal Financial Officer, Principal Accounting Officer and Treasurer |
| Date: | May 22, 2026 |

---

## Ex-99.Cert

**Exhibit 99.CERT**

Exh. (a)(3)(i)

I, Rana J. Wright, certify that:

1. I have reviewed this report on Form N-CSR of Harris Oakmark ETF Trust (the "Registrant");

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

4. The Registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined
in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based
on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control
over financial reporting; and

5. The Registrant's other certifying officer(s) and I have disclosed to the Registrant's auditors and the audit committee of the
Registrant's board of trustees (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's internal
control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | May 22, 2026 | /s/ Rana J. Wright |
|  |  | Rana J. Wright |
|  |  | Principal Executive Officer |

---

Exh. (a)(3)(ii)

I, Zachary D. Weber, certify that:

1. I have reviewed this report on Form N-CSR of Harris Oakmark ETF Trust (the "Registrant");

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

4. The Registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined
in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based
on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control
over financial reporting; and

5. The Registrant's other certifying officer(s) and I have disclosed to the Registrant's auditors and the audit committee of the
Registrant's board of trustees (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's internal
control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | May 22, 2026 | /s/ Zachary D. Weber |
|  |  | Zachary D. Weber |
|  |  | Principal Financial Officer, Principal Accounting Officer and Treasurer |

---

## Exhibit 99.906

**Exhibit 99.906CERT**

Exh. (b)

**Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code)**

In connection with the attached Report of Harris Oakmark ETF Trust (the "Registrant") on Form N-CSR to be filed with the Securities and Exchange Commission (the "Report"), each of the undersigned officers of the Registrant does hereby certify that, to the best of such officer's knowledge:

1. The Report fully complies with the requirements of 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of the Registrant as of, and for, the periods presented in the Report.

---

| | |
|:---|:---|
| By: | /s/ Rana J. Wright |
|  | Rana J. Wright |
|  | Principal Executive Officer |
| Date: | May 22, 2026 |
| By: | /s/ Zachary D. Weber |
|  | Zachary D. Weber |
|  | Principal Financial Officer, Principal Accounting Officer and Treasurer |
| Date: | May 22, 2026 |

---

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission or its staff upon request.

This certification is being furnished to the Commission solely pursuant to 18 U.S.C. Section 1350 and is not being filed as part of the Form N-CSR with the Commission.