Oakmark Funds, advised by Harris Associates, released its “Oakmark Select Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund returned 6.22% in the first quarter compared to a 10.56% return for the S&P 500 Index. The fund returned an average of 11.93% per year since its inception in November 1996 compared to index’s annualized total return of 9.62% over the same period. The largest contributing sectors were financials and energy during the...
