Distillate Capital Partners’ Q1 2022 Investor Letter

Distillate Capital Partners LLC, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. Distillate’s U.S. FSV outperformed S&P 500 in the first quarter of 2022 with a return of -3.60% net of fees versus -4.60% for the benchmark. Since its inception in 2017, annualized performance is now 1.93% ahead of the S&P 500 after fees. The U.S. FSV strategy lagged against the Russell 1000 Value ETF benchmark in the first quarter of 2022 but remains 7.41% ahead annualized since inception. Try to spend some time taking a look at the fund’s top 5 holdings to be informed about their best picks for 2022.