Published on 15 Apr 2024 on GuruFocus.com via Yahoo Finance

Yacktman Focused Fund Adjusts Portfolio, Cuts Stake in Associated British Foods PLC

Insights from the Latest N-PORT Filing Reveal Key Investment Moves

Yacktman Focused Fund (Trades, Portfolio), known for its objective and patient investment approach, has disclosed its first-quarter portfolio for 2024. The Fund, part of Yacktman Asset Management (Trades, Portfolio), is committed to long-term capital appreciation and, to a lesser extent, current income. It is characterized by its non-diversified status, investing predominantly in common stocks across various domestic and international companies, including dividend-paying firms. The Yacktman team's investment decisions are based on individual security merits rather than market predictions, blending the principles of "growth" and "value" investing. They prioritize businesses that are fundamentally sound, managed with shareholder interests in mind, and available at attractive prices.