Oakmark Select Fund’s Q1 2024 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark Select Fund” first quarter 2024 investor letter. 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 the index’s annualized total return of 9.62% over the same period. The largest contributing sectors were financials and energy during the first quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

A copy of Oakmark Select Fund’s Q1 2024 investor letter can be downloaded here.