Oakmark Equity and Income

[dily]

Wondering if anyone here has any experience in converting OAKBX investor shares to OAYBX advisor shares to save money on expense ratio at either Vanguard or Fidelity?

With investment minimums the same on both share classes, theoretically, it seems Vanguard and Fidelity would convert to lower cost share class without any charges. But is this actually the case?

[chang]

An easy share class conversion at Fido; done this many times. (Should be at VG, too, but I have no experience with VG with this.)

Note OAYBX minimum is $100k.