Oakmark Bond Fund: First Calendar Quarter 2024 Commentary [Seeking Alpha]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: Seeking Alpha
Approximately 90 basis points of the Fund's outperformance this quarter was a result of prudent security selection as corporate credit and asset-backed securities spreads tightened. During the first quarter of 2024, yields shifted higher across the curve. Market Outlook Positioning Performance The Oakmark Bond Fund ( MUTF: OAKCX ) ("the Fund") returned 0.38% in the first quarter, outperforming its benchmark, the Bloomberg U.S. Aggregate Bond Index, which returned -0.78% over the same period. Since its inception in June 2020, the Fund has returned an average of 0.28% per year, outperforming the benchmark's return of -2.38% over the same period. Past performance is no guarantee of future results . The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted. The investment return and principal value vary so that an investor's shares when redeemed may be worth more or less than the original cost. To obtain
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Earnings
- 4/19/24 - Beat
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Sec Filings
- 4/30/24 - Form 3
- 4/29/24 - Form 424B2
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- ALLY's page on the SEC website