Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
34.8%
1 yr return
43.2%
3 Yr Avg Return
6.2%
5 Yr Avg Return
5.2%
Net Assets
$140 M
Holdings in Top 10
59.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.74%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DILYX - Profile
Distributions
- YTD Total Return 34.8%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 5.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.68%
- Dividend Yield 1.4%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDavis International Fund
-
Fund Family NameDavis Funds
-
Inception DateJan 04, 2010
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDanton Goei
Fund Description
Davis Selected Advisers, L.P. (“Davis Advisors” or the “Adviser”), the Fund’s investment adviser, uses the Davis Investment Discipline to invest the Fund’s portfolio principally in common stocks (including indirect holdings of common stock through Depositary Receipts, as defined below) issued by foreign companies, including countries with developed or emerging markets. The Fund may invest in large, medium or small companies without regard to market capitalization. The Fund will invest significantly (at least 40% of total assets under normal market conditions and at least 30% of total assets if market conditions are not deemed favorable) in issuers (1) organized or located outside of the U.S.; (2) whose primary trading market is located outside the U.S.; or (3) doing a substantial amount of business outside the U.S., which the Fund considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S. Under normal market conditions, the Fund will invest in issuers representing at least three different countries. These non-U.S. company investments may include American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs” and together “Depositary Receipts”). Depositary Receipts are receipts that represent ownership of shares of a non-U.S. issuer held in trust by a bank or similar financial institution.
Davis Investment Discipline. Davis Advisors manages equity funds using the Davis Investment Discipline. Davis Advisors conducts extensive research to try to identify businesses that possess characteristics that Davis Advisors believes foster the creation of long-term value, such as proven management, a durable franchise and business model, and sustainable competitive advantages. Davis Advisors aims to invest in such businesses when they are trading at discounts to their intrinsic worth. Davis Advisors emphasizes individual stock selection and believes that the ability to evaluate management is critical. Davis Advisors routinely visits managers at their places of business in order to gain insight into the relative value of different businesses. Such research, however rigorous, involves predictions and forecasts that are inherently uncertain. After determining which companies Davis Advisors believes the Fund should own, Davis Advisors then turns its analysis to determining the intrinsic value of those companies’ equity securities. Davis Advisors seeks companies whose equity securities can be purchased at a discount from Davis Advisors’ estimate of the company’s intrinsic value based upon fundamental analysis of cash flows, assets and liabilities, and other criteria that Davis Advisors deems to be material on a company-by-company basis. Davis Advisors’ goal is to invest in companies for the long term (ideally, five years or longer, although this goal may not be met). Davis Advisors considers selling a company’s equity securities if the securities’ market price exceeds Davis Advisors’ estimates of intrinsic value, if the ratio of the risks and rewards of continuing to own the company’s equity securities is no longer attractive, to raise cash to purchase a more attractive investment opportunity, to satisfy net redemptions, or for other purposes.
DILYX - Performance
Return Ranking - Trailing
Period | DILYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 34.8% | -4.0% | 34.8% | 0.15% |
1 Yr | 43.2% | -1.8% | 43.2% | 0.31% |
3 Yr | 6.2%* | -17.1% | 45.7% | 3.66% |
5 Yr | 5.2%* | -34.2% | 74.3% | 75.87% |
10 Yr | 5.0%* | 1.1% | 32.3% | 56.41% |
* Annualized
Return Ranking - Calendar
Period | DILYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -1.4% | 22.0% | 98.46% |
2022 | -11.4% | -43.6% | 71.3% | 5.34% |
2021 | -23.1% | -28.5% | 18.9% | 99.68% |
2020 | 22.9% | -90.1% | 992.1% | 4.93% |
2019 | 22.3% | -1.9% | 38.8% | 24.35% |
Total Return Ranking - Trailing
Period | DILYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 34.8% | -4.0% | 34.8% | 0.15% |
1 Yr | 43.2% | -1.8% | 43.2% | 0.31% |
3 Yr | 6.2%* | -17.1% | 45.7% | 3.66% |
5 Yr | 5.2%* | -34.2% | 74.3% | 75.87% |
10 Yr | 5.0%* | 1.1% | 32.3% | 56.41% |
* Annualized
Total Return Ranking - Calendar
Period | DILYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.4% | 3.2% | 23.8% | 98.46% |
2022 | -11.2% | -43.6% | 144.8% | 11.93% |
2021 | -21.8% | -22.6% | 56.0% | 99.52% |
2020 | 23.0% | -89.7% | 1010.8% | 6.24% |
2019 | 26.9% | 4.3% | 38.8% | 14.26% |
NAV & Total Return History
DILYX - Holdings
Concentration Analysis
DILYX | Category Low | Category High | DILYX % Rank | |
---|---|---|---|---|
Net Assets | 140 M | 3.3 M | 425 B | 84.38% |
Number of Holdings | 29 | 1 | 10481 | 96.02% |
Net Assets in Top 10 | 87.8 M | 1.01 M | 47.5 B | 64.32% |
Weighting of Top 10 | 59.27% | 4.6% | 147.7% | 4.31% |
Top 10 Holdings
- SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0 8.09%
- DANSKE BANK A/S 7.89%
- MEITUAN CLASS B COMMON STOCK USD.00001 7.41%
- PROSUS NV COMMON STOCK EUR.05 5.97%
- NASPERS LTD N SHS COMMON STOCK ZAR.02 5.76%
- JULIUS BAER GROUP LTD 5.30%
- TECK RESOURCES LTD CLS B COMMON STOCK 5.24%
- PING AN INSURANCE GROUP CO H COMMON STOCK CNY1.0 4.99%
- AIA GROUP LTD COMMON STOCK 4.62%
- DIDI GLOBAL INC ADR USD.00002 4.00%
Asset Allocation
Weighting | Return Low | Return High | DILYX % Rank | |
---|---|---|---|---|
Stocks | 97.26% | 0.00% | 102.63% | 53.91% |
Other | 2.08% | -2.12% | 69.93% | 7.96% |
Cash | 0.66% | 0.00% | 44.84% | 81.47% |
Preferred Stocks | 0.00% | -0.05% | 6.57% | 56.81% |
Convertible Bonds | 0.00% | 0.00% | 4.18% | 7.68% |
Bonds | 0.00% | 0.00% | 79.43% | 14.40% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DILYX % Rank | |
---|---|---|---|---|
Financial Services | 45.44% | 0.00% | 47.75% | 0.47% |
Consumer Cyclical | 19.81% | 0.00% | 36.36% | 0.78% |
Technology | 13.18% | 0.00% | 36.32% | 32.97% |
Communication Services | 11.63% | 0.00% | 21.69% | 4.08% |
Industrials | 7.72% | 5.17% | 99.49% | 95.45% |
Basic Materials | 1.13% | 0.00% | 23.86% | 98.27% |
Consumer Defense | 1.10% | 0.00% | 32.29% | 99.06% |
Utilities | 0.00% | 0.00% | 13.68% | 85.71% |
Real Estate | 0.00% | 0.00% | 14.59% | 77.08% |
Healthcare | 0.00% | 0.00% | 20.35% | 99.06% |
Energy | 0.00% | 0.00% | 16.89% | 95.13% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DILYX % Rank | |
---|---|---|---|---|
Non US | 74.10% | 0.00% | 99.44% | 86.83% |
US | 23.15% | 0.00% | 102.01% | 9.80% |
DILYX - Expenses
Operational Fees
DILYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.74% | 0.01% | 19.62% | 71.17% |
Management Fee | 0.55% | 0.00% | 1.65% | 38.83% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.04% |
Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
DILYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
DILYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 7.14% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DILYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 16.00% | 2.00% | 247.00% | 20.34% |
DILYX - Distributions
Dividend Yield Analysis
DILYX | Category Low | Category High | DILYX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.38% | 0.00% | 17.49% | 69.22% |
Dividend Distribution Analysis
DILYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
DILYX | Category Low | Category High | DILYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.68% | -0.93% | 6.38% | 84.77% |
Capital Gain Distribution Analysis
DILYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $0.200 | OrdinaryDividend |
Dec 09, 2022 | $0.020 | OrdinaryDividend |
Dec 09, 2021 | $0.203 | OrdinaryDividend |
Dec 10, 2020 | $0.010 | OrdinaryDividend |
Dec 12, 2019 | $0.401 | OrdinaryDividend |
Dec 12, 2019 | $0.027 | CapitalGainShortTerm |
Dec 12, 2019 | $0.012 | CapitalGainLongTerm |
Dec 12, 2018 | $0.047 | CapitalGainShortTerm |
Dec 12, 2018 | $0.141 | CapitalGainLongTerm |
Dec 12, 2018 | $0.107 | OrdinaryDividend |
Dec 13, 2017 | $0.051 | OrdinaryDividend |
Dec 13, 2016 | $0.013 | CapitalGainShortTerm |
Dec 13, 2016 | $0.027 | OrdinaryDividend |
Dec 10, 2015 | $0.325 | CapitalGainLongTerm |
Dec 10, 2015 | $0.073 | OrdinaryDividend |
Dec 11, 2014 | $0.076 | OrdinaryDividend |
Dec 19, 2013 | $0.084 | OrdinaryDividend |
Dec 18, 2012 | $0.141 | OrdinaryDividend |
Dec 29, 2011 | $0.115 | OrdinaryDividend |
Dec 30, 2010 | $0.061 | OrdinaryDividend |
DILYX - Fund Manager Analysis
Managers
Danton Goei
Start Date
Tenure
Tenure Rank
Dec 29, 2006
15.43
15.4%
Danton G. Goei joined Davis Advisors in 1998. He is the portfolio manager for the Davis Global Fund. Mr. Goei received his B.A. from Georgetown University and his M.B.A. from The Wharton School. He was previously employed at Bain & Company, Morgan Stanley Asia Ltd. and Citicorp. Mr. Goei speaks multiple languages and has lived in Europe and Asia, and currently resides in New York City. Mr. Goei has an M.B.A. from The Wharton School and a B.A. from Georgetown University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.35 | 6.35 | 3.25 |