Group 1: Fund Performance - Artisan Global Discovery Fund's Investor Class APFDX returned 10.84%, Advisor Class APDDX posted 10.83%, and Institutional Class APHDX returned 10.93% in Q2 2025, compared to an 11.84% return for the MSCI All Country World Small Mid Index [1] - Global markets experienced volatility in Q2 2025, with a shift from double-digit declines to gains following President Trump's tariff announcements and subsequent suspension [1] Group 2: Company Focus - Aris Water Solutions, Inc. - Aris Water Solutions, Inc. (NYSE:ARIS) is highlighted as a stock of interest, with a one-month return of 1.89% and a 52-week gain of 58.96%, closing at $23.78 per share with a market capitalization of $1.407 billion on September 05, 2025 [2] - Aris Water Solutions, Inc. was among the top detractors for the fund, impacted by lower oil prices and macroeconomic uncertainty, despite better-than-expected quarterly results and guidance [3] - The company provides full-cycle water handling and recycling solutions in the Permian Basin, focusing on the Delaware Basin, where the water-to-oil ratio is notably high [3]