# Davis New York Venture Fund A (NYVTX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nyvtx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 1980-01-02 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. ## Key Facts | Metric | Value | |---|---| | Price | $30.47 | | Expense Ratio | 0.91% | | Assets Under Management | $7.12B | | NAV | $30.47 | | Holdings Count | — | | Distribution Yield (TTM) | 9.70% | | Annual Distribution (TTM) | $2.96 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $27.09 – $32.42 | | Beta | 0.90 | ## Latest Distribution - Amount: $1.9182 /share - Ex-date: 2026-06-24 - Pay date: 2026-06-25 ## Frequently Asked Questions ### 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 $7.12B 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. ### Does NYVTX pay a dividend? Davis New York Venture Fund A (NYVTX) currently distributes little or no income. Trailing-twelve-month yield is 9.70%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NYVTX pay dividends? Davis New York Venture Fund A pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NYVTX's dividend yield? NYVTX's trailing-twelve-month yield is 9.70%, calculated from the sum of dividends over the past year divided by the current price. ### When is NYVTX's next ex-dividend date? The most recently announced ex-dividend date for NYVTX was 2026-06-24. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will NYVTX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.91% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NYVTX charge its expense ratio? The expense ratio is deducted in tiny daily slices from NYVTX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NYVTX cost more than a fund like VOO? NYVTX's strategy (current expense ratio 0.91%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where NYVTX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to NYVTX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as NYVTX (0.91%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nyvtx - Distribution history: https://www.dividenddata.com/funds/nyvtx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nyvtx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nyvtx/expenses - Peer comparison: https://www.dividenddata.com/funds/nyvtx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.