Oakmark Fund’s Q1 2025 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” first quarter 2025 investor letter. The fund’s investor class returned 1.14% in the first quarter, compared to a -4.27% return for the S&P 500 Index. The fund has returned 12.76% since its inception compared to the index return of 10.44% over the same period. The largest contributors to the fund for the quarter were financials and consumer staples while consumer discretionary and communication services detracted....