Davis New York Venture Fund A

Frequently Asked Questions About NYVTX

What does NYVTX invest in?

Davis Selected Advisers, L.P. ("Davis Advisors" or the "Adviser"), the fund's investment adviser, uses the Davis Investment Discipline to invest the 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.

What is the expense ratio of NYVTX?

Davis New York Venture Fund A (NYVTX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NYVTX?

Davis New York Venture Fund A (NYVTX) manages $7.48B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NYVTX actively managed or an index fund?

NYVTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NYVTX launched?

Davis New York Venture Fund A (NYVTX) launched in January 1980 and is managed by the fund issuer.

How has NYVTX performed?

NYVTX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.