Solid Results Lifted Wells Fargo & Company (WFC) in Q4

Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 2.04% in the fourth quarter, compared to a 2.41% return for the S&P 500 Index. The fund has returned 12.82% since its inception compared to the index return of 10.67% over the same period. The largest contributors to the fund for the quarter were financials and communication services while health care and materials...