Davis New York Venture Fund Class B (NYVBX)

39.35
Net Asset Value
-0.15%
1 Day
+0.51%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.81%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Davis Selected Advisers, L.P. ("Davis Advisors" or the "Adviser"), the fund's investment adviser, uses the Davis Investment Discipline to invest Davis New York Venture Fund's portfolio principally in common stocks (including indirect holdings of common stock through depositary receipts) issued by large companies with market capitalizations of at least $10 billion. Historically, the fund has invested a significant portion of its assets in financial services companies and in foreign companies, and may also invest in mid- and small-capitalization companies.

Performance

1 month-1.50% 3 years+10.38%
3 months+2.18% 5 years+16.79%
1 year+21.93% Since inception+9.55%
Data through --

Peer Comparisonvs. Large blend

 NYVBXCategory
Performance 5-yr return+16.79%+20.02%
Expense ratio1.81%1.16%
Risk 5 year sharpe ratio1.231.32
Net assets$20.8B$3.2B
Average market cap$52.3B$97.6B
Average P/E18.018.0
Portfolio turnover7%7%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyDavis Funds
Fund manager & tenureChristopher Davis / 18 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock80.61%
International stock16.48%
Cash1.52%
Fixed income1.38%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 28.22%
Energy 15.16%
Healthcare 12.34%
Consumer goods 11.22%
Consumer service 10.41%
Top 10 Holdings
Portfolio weighting
GOOGL Google Inc Class A7.85%
AXP American Express Co6.97%
BK Bank of New York Mellon Corp6.68%
WFC Wells Fargo & Co6.33%
BRKA Berkshire Hathaway Inc Class A4.59%
CVS CVS Caremark Corp3.40%
BBBY Bed Bath & Beyond, Inc.3.37%
COST Costco Wholesale Corporation2.91%
-- Canadian Natural Resources Ltd2.71%
UNH UnitedHealth Group Inc2.59%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.