Here’s Why Microchip Technology Incorporated (MCHP) Declined in Q4

Aristotle Capital Management, LLC, an investment management company, released its “Value Equity Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The U.S. equity market finished the year strongly with the S&P 500 Index increasing 2.41% during the quarter. Conversely, the Bloomberg U.S. Aggregate Bond Index experienced a decrease, dropping 3.06% during the quarter. The composite returned -4.09% gross of fees (-4.14% net of fees) in the fourth quarter underperforming the -1.98% return of the Russell 1000 Value Index and 2.41% return of the S&P...