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Davis New York Venture Fund Class R (NYVRX)

33.50
Net Asset Value
+0.27%
1 Day
-9.34%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.16%
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-3.63% 3 years+13.91%
3 months-5.30% 5 years+12.60%
1 year+0.96% Since inception+7.72%
Data through --

Peer Comparisonvs. Large blend

 NYVRXCategory
Performance 5-yr return+12.60%+15.84%
Expense ratio1.16%1.10%
Risk 5 year sharpe ratio1.031.17
Net assets$16.3B$3.8B
Average market cap$56.3B$94.6B
Average P/E15.818.7
Portfolio turnover20%20%

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Fund Management and Purchase Info

Fund familyDavis Funds
Fund manager & tenureChristopher Davis / 19 Years
Minimal initial investment$500,000.00
Minimum IRA investment$500,000.00

Holdings

U.S. stock78.19%
International stock21.12%
Cash0.69%
Fixed income0.00%
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
WFC Wells Fargo6.67%
AMZN Amazon6.10%
BK Bank of New York6.04%
AXP American Express4.86%
BRKA Berkshire Hathaway4.59%
ESRX Express Scripts Holding Co3.93%
JPM JPMorgan Chase3.71%
LBTYK Liberty Global PLC3.18%
-- 3.08%
GOOGL Google3.07%

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