Tax Information
- Davis New York Venture Fund
- Davis International Fund
- Davis Global Fund
- Davis Opportunity Fund
- Davis Financial Fund
- Davis Real Estate Fund
- Davis Appreciation and Income Fund
- Davis Government Bond Fund
- Value VA Portfolio
- Real Estate VA Portfolio
- Financial VA Portfolio
This information on 2022 distributions is intended for existing shareholders.
As large shareholders ourselves, we are conscious of tax costs and make every effort to be tax efficient.
Capital gains result from appreciation in the portfolio. The funds’ long-term investment approach means that this appreciation may have occurred over an extended period of time. All of the gains are long-term and generally subject to lower tax rates than short-term gains or dividend income.
2022 Davis New York Venture Fund Distribution Information
(updated as of 1/12/2023)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Class A | 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | 0.1846 | - | 22.28 | - | 1.00 |
| 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.1849 | - | 22.50 | - | 0.29 | |
| Class B | 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | 0.059 | - | 17.39 | - | 1.00 |
| 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.074 | - | 17.49 | - | 0.29 | |
| Class C | 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | 0.065 | - | 18.44 | - | 1.00 |
| 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.075 | - | 18.57 | - | 0.29 | |
| Class Y | 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | 0.226 | - | 23.11 | - | 1.00 |
| 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.2195 | - | 23.34 | - | 0.29 | |
| Class R | 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | 0.148 | - | 22.34 | - | 1.00 |
| 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.176 | - | 22.55 | - | 0.29 |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis International Fund Distribution Information
(updated as of 1/12/2023)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Foreign Tax Credit | Short- term Capital Gain |
Long- term Capital Gain |
|
|---|---|---|---|---|---|---|---|---|---|---|
| Class A | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | - | - | 10.60 | - | - | - |
| Class C | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | - | - | 9.78 | - | - | - |
| Class Y | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.0493 | - | 10.47 | 0.0293 | - | - |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Global Fund Distribution Information
(updated as of 1/12/2023)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Foreign Tax Credit | Short- term Capital Gain |
Long- term Capital Gain |
|
|---|---|---|---|---|---|---|---|---|---|---|
| Class A | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | - | - | 21.74 | - | - | - |
| Class C | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | - | - | 19.75 | - | - | - |
| Class Y | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.054273 | - | 21.84 | 0.026273 | - | - |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Opportunity Fund Distribution Information
(updated as of 1/12/2023)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Class A | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.1459 | - | 33.66 | - | 2.67 |
| Class C | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | - | - | 24.03 | - | 2.67 |
| Class Y | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.252 | - | 36.10 | - | 2.67 |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Financial Fund Distribution Information
(updated as of 1/12/2023)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Class A | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.8054 | - | 47.48 | 0.041 | 0.78 |
| Class C | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.33 | - | 37.27 | 0.041 | 0.78 |
| Class Y | 12/8/2022 | 12/9/2022 | 12/12/2022 | 100% | 0.956 | - | 49.32 | 0.041 | 0.78 |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Real Estate Fund Distribution Information
(updated as of 01/12/2023)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Class A | 3/31/2022 | 4/1/2022 | 4/4/2022 | 1.58% | 0.13 | - | 54.45 | - | - |
| 6/27/2022 | 6/28/2022 | 6/29/2022 | 1.58% | 0.13 | - | 44.20 | - | - | |
| 9/30/2022 | 10/3/2022 | 10/4/2022 | 1.58% | 0.24 | - | 39.74 | - | - | |
| 12/27/2022 | 12/28/2022 | 12/29/2022 | 1.58% | 0.24 | - | 38.03 | - | 1.32 | |
| Class C | 3/31/2022 | 4/1/2022 | 4/4/2022 | 1.58% | 0.024 | - | 54.42 | - | - |
| 6/27/2022 | 6/28/2022 | 6/29/2022 | 1.58% | 0.033 | - | 44.19 | - | - | |
| 9/30/2022 | 10/3/2022 | 10/4/2022 | 1.58% | 0.148 | - | 39.73 | - | - | |
| 12/27/2022 | 12/28/2022 | 12/29/2022 | 1.58% | 0.1658 | - | 38.03 | - | 1.32 | |
| Class Y | 3/31/2022 | 4/1/2022 | 4/4/2022 | 1.58% | 0.161 | - | 55.22 | - | - |
| 6/27/2022 | 6/28/2022 | 6/29/2022 | 1.58% | 0.162 | - | 44.83 | - | - | |
| 9/30/2022 | 10/3/2022 | 10/4/2022 | 1.58% | 0.268 | - | 40.30 | - | - | |
| 12/27/2022 | 12/28/2022 | 12/29/2022 | 1.58% | 0.27 | - | 38.58 | - | 1.32 |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Appreciation and Income Fund Distribution Information
(updated as of 01/12/2023)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Class A | 3/31/2022 | 4/1/2022 | 4/4/2022 | 100% | 0.06 | - | 53.21 | - | - |
| 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | 0.06 | - | 45.83 | - | - | |
| 9/30/2022 | 10/3/2022 | 10/4/2022 | 100% | 0.13 | - | 43.54 | - | - | |
| 12/27/2022 | 12/28/2022 | 12/29/2022 | 100% | 0.2515 | - | 45.05 | - | 0.701 | |
| Class C | 3/31/2022 | 4/1/2022 | 4/4/2022 | 100% | - | - | 53.08 | - | - |
| 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | - | - | 45.69 | - | - | |
| 9/30/2022 | 10/3/2022 | 10/4/2022 | 100% | 0.039 | - | 43.41 | - | - | |
| 12/27/2022 | 12/28/2022 | 12/29/2022 | 100% | 0.169 | - | 44.91 | - | 0.701 | |
| Class Y | 3/31/2022 | 4/1/2022 | 4/4/2022 | 100% | 0.103 | - | 53.45 | - | - |
| 6/27/2022 | 6/28/2022 | 6/29/2022 | 100% | 0.100 | - | 46.03 | - | - | |
| 9/30/2022 | 10/3/2022 | 10/4/2022 | 100% | 0.167 | - | 43.73 | - | - | |
| 12/27/2022 | 12/28/2022 | 12/29/2022 | 100% | 0.29 | - | 45.24 | - | 0.701 |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Government Bond Fund Distribution Information
(updated as of 12/09/22)
| Record Date | Ex-Date | Payable Date | Qualified Dividend Percentage | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Class A | 12/8/2022 | 12/9/2022 | 12/12/2022 | - | Monthly | - | - | - | - |
| Class C | 12/8/2022 | 12/9/2022 | 12/12/2022 | - | Monthly | - | - | - | - |
| Class Y | 12/8/2022 | 12/9/2022 | 12/12/2022 | - | Monthly | - | - | - | - |
- Shareholders should not use this information for tax reporting purposes. Form 1099 will be sent at a later date for all tax reporting.
- The table above includes the percentage of 2022 dividend and net short-term capital gain distributions, by fund, that are eligible for reduced tax rates as "qualified dividend income" (QDI). QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2022 year-end account statement. Individual questions should be referred to your tax advisor.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Value Portfolio Variable Annuity Distribution Information
(updated as of 1/12/2023)
| Record Date | Ex-Date | Payable Date | Dividends Received Deduction | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Value Portfolio | 12/27/2022 | 12/28/2022 | 12/29/2022 | TBD | 0.10 | TBD | 5.19 | - | 1.76 |
- This information on 2022 distributions is intended for existing shareholders.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Variable Annuities - Davis Real Estate Portfolio Distribution Information
(updated as of 1/12/23)
| Record Date | Ex-Date | Payable Date | Dividends Received Deduction | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Real Estate Portfolio | 3/31/2022 | 4/1/2022 | 4/4/2022 | TBD | 0.04 | TBD | 19.33 | - | - |
| 6/27/2022 | 6/28/2022 | 6/29/2022 | TBD | 0.04 | TBD | 15.66 | - | - | |
| 9/30/2022 | 10/3/2022 | 10/4/2022 | TBD | 0.08 | TBD | 14.11 | - | - | |
| 12/27/2022 | 12/28/2022 | 12/29/2022 | TBD | 0.12 | TBD | 13.04 | - | 0.89 |
- This information on 2022 distributions is intended for existing shareholders.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.
2022 Davis Financial Portfolio Variable Annuity Distribution Information
(updated as of 1/12/2023)
| Record Date | Ex-Date | Payable Date | Dividends Received Deduction | Ordinary Income | Return of Capital | Reinvest- ment Price | Short-term Capital Gain | Long-term Capital Gain | |
|---|---|---|---|---|---|---|---|---|---|
| Financial Portfolio | 12/27/2022 | 12/28/2022 | 12/29/2022 | TBD | 0.245 | TBD | 11.90 | 0.012 | 0.452 |
- This information on 2022 distributions is intended for existing shareholders.
Carefully consider the fund's investment objectives, strategies, risks, charges and expenses before investing or sending money. The prospectus contains this and other information and can be obtained by clicking here.