Commentaries

New York Venture Fund
Manager Commentary - Fall Review 2020 Download View

An interview with the Fund Managers.

Portfolio Manager Special Update - March 2020 Download View

The importance of mastering your emotions and envisioning the recovery after this crisis passes; factors driving our decisions to sell, hold or actually buy more of a company.

International Fund
Manager Commentary - Fall Review 2020 Download View

Portfolio Manager Danton Goei discusses the Portfolio, performance and how he applies the Davis Investment Discipline to uncover opportunities outside the United States.

Portfolio Manager Special Update - March 2020 Download View

How the strong balance sheets and durable competitive advantages of the companies of Davis International Fund are helping them navigate these challenging times, and why we believe well-capitalized financials are significantly mispriced currently.

Global Fund
Manager Commentary - Fall Review 2020 Download View

Portfolio Manager Danton Goei discusses the Portfolio, performance and how he applies the Davis Investment Discipline to uncover opportunities around the globe.

Portfolio Manager Special Update - March 2020 Download View

How the strong balance sheets and durable competitive advantages of the companies of Davis Global Fund are helping them navigate these challenging times, and why we believe well-capitalized financials are significantly mispriced currently.

Opportunity Fund
Manager Commentary - Fall Review 2020 Download View

The Fund research team discusses the Portfolio, performance and how they apply the Davis Investment Discipline to uncover opportunities in the current environment.

Financial Fund
Manager Commentary - Fall Review 2020 Download View

The Portfolio Manager offers his thoughts on the financial sector, individual companies in the Portfolio, and recent performance.

Portfolio Manager Special Update - March 2020 Download View

How the strong balance sheets and durable competitive advantages of the companies of Davis Financial Fund are helping them navigate these challenging times, and why we believe well-capitalized financials are significantly mispriced currently.

Real Estate Fund
Manager Commentary -
Semi-Annual Review 2020
Download View

Portfolio Managers Andrew Davis and Chandler Spears discuss the real estate market, Portfolio companies, and recent performance.

Davis Real Estate Fund Special Update March 2020 Download View

How the strong balance sheets and durable competitive advantages of the companies of Davis Real Estate Fund are helping them navigate these challenging times, and why we believe well-capitalized financials are significantly mispriced currently.

Appreciation and Income Fund
Manager Commentary - Semi-Annual Review 2020 Download View

Portfolio Managers Christopher Davis, Peter J. Sackmann, CFA and Creston A. King III, CFA discuss the Fund’s investment strategy, the market environment, Portfolio companies, and recent performance.

All equity investments involve risk. No investor is guaranteed a profit. Past performance is not a guarantee of future results. Davis Distributors, LLC, is the distributor of the Davis Funds.