Bridget Hughes: Hi, my name is Bridget Hughes. I’m one of the analysts here at Morningstar, and I’m here this morning with the winners of our International Fund Manager of the Year Award for 2011. They are the portfolio managers of Tweedy, Browne Global Value, as well as the three other Tweedy, Browne mutual fund offerings. And we’ll start here with John Spears, Bob Wyckoff, Will Browne, and Tom Shrager. Thanks, guys, for coming in this morning, and congratulations on the award.
Just to kind of summarize what happened this year, the Global Value Fund did drop about 4% in 2011, but that’s about a third of the loss of the MSCI EAFE Index, and foreign large-value funds on average dropped also about more than 12%. So, you held up well in a tough and rocky, volatile environment, so congratulations on doing that.