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Artisan Small Cap Fund’s Q2 2026 Investor Letter

Artisan Partners, an investment management company, released its second-quarter 2026 investor letter for the “Artisan Small Cap Fund”. The fund reported strong absolute returns and modestly outperformed the Russell 2000® Growth Index, which gained 25.7%. Global equities rebounded as resilient US growth, moderating inflation, strong earnings and continued AI investment outweighed delayed rate cuts, rising bond yields and geopolitical uncertainty. Investor Class: ARTSX, Advisor Class: APDSX, and Institutional Class: APHSX returned 26.02%, 26.05%, and 26.11%, respectively, in the second...