Areas of Opportunity in Financials
Financials are early in a long-term revaluation as investors recognize their increased capital strength, credit quality, durability and how they may benefit from rising interest rates (25-30% earnings growth in the first year for a 100bp rise in rates)Share Return to Video Archive
Prospectuses and Forms
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Opportunity in Financials and Investor Misperceptions
Financials are again proving their resilience. We believe rising rates may boost earnings, offering significant opportunity from today’s low valuationsWatch Now Watch Now
The average annual total returns for Davis New York Venture Fund’s Class A shares for periods ending December 31, 2021, including a maximum 4.75% sales charge, are: 1 year, 7.16%; 5 years, 10.68%; and 10 years, 11.99%. The average annual total returns for Davis Financial Fund’s Class A shares for periods ending December 31, 2021, including a maximum 4.75% sales charge, are: 1 year, 25.22%; 5 years, 9.39%; and 10 years, 12.40%. The performance presented represents past performance and is not a guarantee of future results.Total return assumes reinvestment of dividends and capital gain distributions. Investment return and principal value will vary so that, when redeemed, an investor’s shares may be worth more or less than their original cost. For most recent month-end performance, visit davisfunds.com or call 800‑279‑0279. Current performance may be lower or higher than the performance quoted. The total annual operating expense ratio for Class A shares as of the most recent prospectus was Davis New York Venture Fund, 0.89% and Davis Financial Fund, 0.96%. The total annual operating expense ratio may vary in future years. Returns and expenses for other classes of shares will vary.