The first quarter of 2024 proved awarding to equity investors in general, and specifically for shareholders of the Plumb Funds.

January 31, 2024 Dear Fellow Shareholders, As we reflect on the past year, we are pleased to share with you our performance highlights for the fourth quarter of 2023. Despite the challenges faced by the market in recent years, we are proud to report that our Plumb Balanced Fund has shown resilience and delivered stellar […]

June 30, 2023 Dear Fellow Shareholders, Performance: The stock and bond markets were mixed for the quarter ending June 30, 2023, with the broad stock market as measured by the S&P 500 advancing 8.74%, the MSCI EAFE (foreign stock market index) up 1.87%, and the Bloomberg Barclays Intermediate term government/corporate bond index declining 0.81%. Recall […]

Thomas G. Plumb, CFA Lead Fund Portfolio Manager President, CEO, Chairman March 31, 2023 Dear Fellow Shareholders, The Plumb Balanced Fund (PLBBX) for 1st quarter ending March 31st, 2023, finished up 8.33% and beat our blended benchmark by 2.39%. Our largest weighted Information Technology sector was up 31.53% vs the 18.92% Information Technology sector of […]

Well, 2022 is in the record books and what a year it was.

“History Does Not Repeat Itself, But It Rhymes” – quote attributed to Mark Twain

After a year of characterizing our rising inflation rates as “transitory” the Administration and the Federal Reserve (the Fed) indicated that their number one domestic priority was to reduce inflation towards its long-term goal of 2%.

As you would expect, war, inflation, supply chain disruptions, and Central Bank tightening, combined to set the stage for the worst world stock market quarter in two years (the start of the pandemic global shutdown in March of 2020).

The tumultuous 2021 has finally come to an end. Though the year was wracked with political infighting, pandemic closures, supply disruptions, inflation rearing its ugly head and rising interest rates, most major world stock market indices recorded meaningful advances.

The September quarter continued the uneven economic recovery in the United States and much of the world.