Davis New York Venture Fund Class A (NYVTX)

37.02
Net Asset Value
+0.49%
1 Day
-10.60%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
4.75
Sales Expenses
0.86%
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+0.46% 3 years+19.05%
3 months+0.46% 5 years+11.98%
1 year+9.29% Since inception+11.90%
Data through --

Peer Comparisonvs. Large blend

 NYVTXCategory
Performance 5-yr return+11.98%+14.10%
Expense ratio0.86%1.14%
Risk 5 year sharpe ratio0.941.07
Net assets$19.7B$3.7B
Average market cap$53.2B$103.5B
Average P/E19.117.6
Portfolio turnover20%20%

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Fund Management and Purchase Info

Fund familyDavis Funds
Fund manager & tenureChristopher Davis / 19 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock78.85%
International stock18.85%
Fixed income1.86%
Cash0.44%
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
BK Bank of New York Mellon Corp8.20%
WFC Wells Fargo & Co6.85%
AXP American Express Co6.09%
BRKA Berkshire Hathaway Inc Class A5.12%
GOOGL Google Inc Class A3.25%
GOOG Google Inc Class C3.21%
UNH UnitedHealth Group Inc2.92%
AMZN Amazon.com Inc2.79%
COST Costco Wholesale Corp2.70%
ESRX Express Scripts2.38%

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