Mutual Funds
Effective 6/30/24, Davis Appreciation & Income Fund was renamed Davis Balanced Fund.
| Fund | Overview | Downloads | Share Class | Gross / Net Expenses | Inception |
|---|---|---|---|---|---|
| New York Venture Fund | Long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to uncover large cap, durable, well-managed businesses, primarily in the U.S. We seek to purchase these businesses at value prices and hold them for the long term. |
Class A | 0.92% / 0.92% | 1969 | |
| Class B | 2.37% / 1.75% | 1994 | |||
| Class C | 1.75% / 1.75% | 1994 | |||
| Class Y | 0.67% / 0.67% | 1996 | |||
| Class R | 1.20% / 1.20% | 2003 | |||
| International Fund | Long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to uncover attractive investment opportunities outside the United States, in both developed and developing markets. |
Class A | 1.17% / 1.13% | 2006 | |
| Class C | 1.99% / 1.88% | 2006 | |||
| Class Y | 0.82% / 0.82% | 2009 | |||
| Global Fund | Long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to identify attractive investment opportunities both within and outside the United States, in developed and developing markets. |
Class A | 0.95% / 0.95% | 2004 | |
| Class C | 1.76% / 1.76% | 2004 | |||
| Class Y | 0.71% / 0.71% | 2007 | |||
| Financial Fund | Long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to uncover durable, well-managed financial businesses. It may also invest a small portion of assets in companies outside the financial industry. |
Class A | 0.94% / 0.94% | 1991 | |
| Class C | 1.74% / 1.74% | 1997 | |||
| Class Y | 0.71% / 0.71% | 1997 | |||
| Opportunity Fund | Long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to uncover attractive investment opportunities across a range of market capitalizations, industries and sectors. |
Class A | 0.93% / 0.93% | 1994 | |
| Class C | 1.76% / 1.75% | 1997 | |||
| Class Y | 0.68% / 0.68% | 1997 | |||
| Balanced Fund (formerly Appreciation and Income Fund) | Long-term growth of capital through a combination of convertible securities, stocks, bonds, and preferred stocks. |
Class A | 0.98% / 0.98% | 1992 | |
| Class C | 1.97% / 1.75% | 1997 | |||
| Class Y | 0.67% / 0.67% | 1996 | |||
| Real Estate Fund | Total return through a combination of growth and income. The Fund applies our signature Davis Investment Discipline to real estate, to uncover attractive opportunities. |
Class A | 1.02% / 1.00% | 1994 | |
| Class C | 2.13% / 1.75% | 1997 | |||
| Class Y | 0.74% / 0.74% | 1996 | |||
| Government Bond Fund | The Fund seeks current income by investing in debt securities guaranteed or issued by the U.S. government or its agencies. |
Class A | 1.48% / 1.00% | 1994 | |
| Class C | 2.90% / 1.75% | 1997 | |||
| Class Y | 1.35% / 0.75% | 1998 | |||
| Government Money Market Fund | The Fund seeks to achieve as high a level of current income as possible consistent with the principles of capital preservation and maintaining liquidity. |
Class A | 0.58% / 0.58% | 1989 | |
| Class C | 0.58% / 0.58% | 1995 | |||
| Class Y | 0.58% / 0.58% | 2006 |
Separately Managed Accounts
| Portfolio | Overview |
|---|---|
| Large Cap Value SMA Portfolio | The goal of the Davis Large Cap Value SMA Portfolio is long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to uncover large cap, durable, well-managed businesses that we can purchase at value prices and hold for the long term. |
| All-Cap SMA Portfolio | The goal of the Davis All-Cap SMA Portfolio is long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to uncover attractive investment opportunities across a range of market capitalizations, industries and sectors. |
| International ADR SMA Portfolio | The goal of the Davis Global ADR SMA Portfolio is long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to identify attractive investment opportunities both within and outside the United States, in developed and developing markets. |
| Global ADR SMA Portfolio | The goal of the Davis International ADR SMA Portfolio is long-term capital appreciation. The Fund uses the signature Davis Investment Discipline to uncover attractive investment opportunities outside the United States, in both developed and developing markets. |
ETFs
Davis ETFs are managed using the Davis Investment Discipline. High-conviction, benchmark-agnostic portfolios with low turnover and a strategic long-term time horizon. Offer the benefits associated with traditional ETFs including low costs, tax efficiency, intra-day trading, and transparency.
Davis ETFs include portfolios focused on Large Cap, International, Global and Financial.
Variable Account Funds
Effective 6/30/24, Davis Value Portfolio was renamed Davis Equity Portfolio.
| Portfolio | Overview | Downloads |
|---|---|---|
| Equity Portfolio (formerly Value Portfolio) |
The goal of the Davis Equity Portfolio is long-term capital appreciation. The Portfolio uses the signature Davis Investment Discipline to uncover large cap, durable, well-managed businesses that we can purchase at value prices and hold for the long term. |
|
| Real Estate Portfolio |
The goal of the Davis Real Estate Portfolio is total return through a combination of growth and income. The Portfolio applies our signature Davis Investment Discipline to real estate, to uncover attractive opportunities. |
|
| Financial Portfolio |
The goal of the Davis Financial Portfolio is long-term capital appreciation. The Portfolio uses the signature Davis Investment Discipline to uncover durable, well-managed financial businesses. It may also invest a small portion of assets in companies outside the financial industry. |
Other Ways to Invest
Offshore Funds
Davis offers mutual funds utilizing the signature Davis Investment Discipline for non-U.S. investors.