Oakmark Equity and Income Fund’s Q4 2022 Investor Letter

Oakmark Funds, an investment management company, released its “Oakmark Equity and Income Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. The fund generated a 7.2% return in the fourth quarter compared to a 6.4% return for the Lipper Balanced Fund Index. 2022 was a tough year for balanced funds, and the fund declined 12.9% in the year, compared to a 14.4% decline for the benchmark index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.