NYVTX: Davis NY Venture A

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NYVTX Davis NY Venture A


Profile

NYVTX - Profile

Vitals

  • YTD Return -11.8%
  • 3 Yr Annualized Return -6.6%
  • 5 Yr Annualized Return -5.2%
  • Net Assets $7.16 B
  • Holdings in Top 10 53.2%

52 WEEK LOW AND HIGH

$26.17
$19.43
$30.83

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -11.8%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.70%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Davis New York Venture Fund
  • Fund Family Name
    Davis Funds
  • Inception Date
    Feb 17, 1969
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Davis

Fund Description

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.


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Categories

Performance

NYVTX - Performance

Return Ranking - Trailing

Period NYVTX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.8% -59.8% 67.6% 65.71%
1 Yr -6.1% -73.8% 63.5% 48.66%
3 Yr -6.6%* -43.8% 41.7% 76.72%
5 Yr -5.2%* -38.6% 35.6% 76.91%
10 Yr -0.8%* -39.2% 35.2% 87.09%

* Annualized

Return Ranking - Calendar

Period NYVTX Return Category Return Low Category Return High Rank in Category (%)
2019 21.1% -58.1% 80.6% 23.37%
2018 -28.5% -64.5% 23.6% 95.79%
2017 12.2% -55.3% 69.8% 33.05%
2016 -1.2% -34.8% 68.2% 84.89%
2015 -16.2% -50.8% 22.5% 88.63%

Total Return Ranking - Trailing

Period NYVTX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.8% -59.8% 67.6% 65.71%
1 Yr -6.1% -73.8% 63.5% 48.66%
3 Yr 1.2%* -43.8% 41.7% 37.83%
5 Yr 4.8%* -38.6% 35.6% 24.04%
10 Yr 9.5%* -39.2% 35.2% 29.40%

* Annualized

Total Return Ranking - Calendar

Period NYVTX Return Category Return Low Category Return High Rank in Category (%)
2019 21.1% -58.1% 80.6% 23.49%
2018 -13.0% -64.5% 23.6% 67.56%
2017 22.2% -55.3% 69.8% 19.39%
2016 12.3% -34.8% 70.7% 29.61%
2015 3.1% -50.8% 30.8% 10.71%

NAV & Total Return History


Holdings

NYVTX - Holdings

Concentration Analysis

NYVTX Category Low Category High NYVTX % Rank
Net Assets 7.16 B 92.3 K 97.2 B 9.82%
Number of Holdings 45 1 5871 63.32%
Net Assets in Top 10 3.76 B -2.14 B 26.6 B 7.59%
Weighting of Top 10 53.22% 0.1% 100.0% 22.14%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High NYVTX % Rank
Stocks
95.98% -46.11% 100.41% 6.54%
Other
3.50% -895.56% 38.46% 11.92%
Cash
0.53% -0.92% 1041.68% 97.66%
Preferred Stocks
0.00% -0.02% 19.36% 62.38%
Convertible Bonds
0.00% 0.00% 33.69% 61.10%
Bonds
0.00% -696.69% 45.33% 66.82%

Stock Sector Breakdown

Weighting Return Low Return High NYVTX % Rank
Financial Services
37.54% 0.00% 100.00% 3.67%
Communication Services
17.70% 0.00% 100.00% 8.94%
Consumer Cyclical
13.07% 0.00% 59.77% 25.46%
Technology
11.21% 0.00% 99.85% 71.60%
Industrials
9.69% 0.00% 70.69% 47.86%
Consumer Defense
5.37% 0.00% 69.13% 59.73%
Energy
2.72% 0.00% 100.00% 54.96%
Healthcare
2.12% 0.00% 100.00% 88.74%
Basic Materials
0.56% 0.00% 63.34% 73.56%
Utilities
0.00% 0.00% 99.08% 86.05%
Real Estate
0.00% 0.00% 100.00% 91.55%

Stock Geographic Breakdown

Weighting Return Low Return High NYVTX % Rank
US
77.34% -29.34% 83.25% 15.19%
Non US
18.64% -48.75% 62.54% 9.58%

Expenses

NYVTX - Expenses

Operational Fees

NYVTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.03% 12.16% 85.28%
Management Fee 0.53% 0.00% 2.94% 19.49%
12b-1 Fee 0.23% 0.00% 1.00% 20.59%
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

NYVTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 0.50% 5.75% 85.31%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NYVTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

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.

NYVTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 485.00% 17.08%

Distributions

NYVTX - Distributions

Dividend Yield Analysis

NYVTX Category Low Category High NYVTX % Rank
Dividend Yield 0.00% 0.00% 11.31% 53.68%

Dividend Distribution Analysis

NYVTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

NYVTX Category Low Category High NYVTX % Rank
Net Income Ratio 0.70% -4.31% 4.44% 40.36%

Capital Gain Distribution Analysis

NYVTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

NYVTX - Fund Manager Analysis

Managers

Christopher Davis


Start Date

Tenure

Tenure Rank

Oct 01, 1995

24.68

24.7%

Christopher Davis, Portfolio Manager, is a research analyst and Chair of the Portfolio Review Committee which oversees the management of the Davis Global, International and All-Cap Strategies. Mr. Davis with Danton Goei is Portfolio Manager for all large cap equity and concentrated equity portfolios. Mr. Davis joined the firm in 1989 after working as a securities analyst. He received his M.A. from the University of St. Andrews in Scotland.

Danton Goei


Start Date

Tenure

Tenure Rank

Jan 01, 2014

6.42

6.4%

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
0.03 41.44 8.19 6.67