Davis Select Financial ETF (DFNL)
| Assets | $242.85M |
| Expense Ratio | 0.64% |
| PE Ratio | 11.96 |
| Shares Out | 6.25M |
| Dividend (ttm) | $0.70 |
| Dividend Yield | 1.80% |
| Ex-Dividend Date | Dec 27, 2023 |
| Payout Ratio | 21.35% |
| 1-Year Return | +29.20% |
| Volume | 669 |
| Open | 38.44 |
| Previous Close | 37.71 |
| Day's Range | 38.30 - 38.45 |
| 52-Week Low | 29.06 |
| 52-Week High | 42.17 |
| Beta | 1.06 |
| Holdings | 28 |
| Inception Date | Jan 11, 2017 |
About DFNL
Fund Home PageThe Davis Select Financial ETF (DFNL) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively-managed portfolio of global financial sector stocks. The fund seeks long-term growth of capital. DFNL was launched on Jan 11, 2017 and is issued by Davis.
Top 10 Holdings
59.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital One Financial Corporation | COF | 9.84% |
| Berkshire Hathaway Inc. | BRK.B | 6.75% |
| JPMorgan Chase & Co. | JPM | 6.38% |
| Wells Fargo & Company | WFC | 5.66% |
| Markel Group Inc. | MKL | 5.54% |
| The Bank of New York Mellon Corporation | BK | 5.52% |
| Fifth Third Bancorp | FITB | 5.14% |
| Chubb Limited | CB | 5.02% |
| U.S. Bancorp | USB | 4.88% |
| The PNC Financial Services Group, Inc. | PNC | 4.74% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2023 | $0.704 | Dec 29, 2023 |
| Dec 28, 2022 | $0.905 | Dec 30, 2022 |
| Dec 29, 2021 | $0.749 | Dec 31, 2021 |
| Dec 29, 2020 | $0.347 | Dec 31, 2020 |
| Dec 27, 2019 | $0.642 | Dec 31, 2019 |
| Dec 26, 2018 | $0.640 | Dec 28, 2018 |
News
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
Banks Are On Sale But Risks Remain
One month ago, Silicon Valley Bank failed, with a resulting decline across the diversified banking industry. Some investors may be tempted to buy the dip, while others are considering doubling down on...
Banking Faces Seismic Changes
A depositor protection scheme insulates banks from its depositors' anticipation of impending failure. Banks expand credit by a process of double-entry book-keeping.
Davis ETFs to Transfer Exchange Listing of All Four Funds to CBOE Global Markets, Inc.
NEW YORK--(BUSINESS WIRE)--Davis ETFs are actively managed ETFs with combined assets of over $1.2 billion and were launched in 2017. Davis Selected Advisers, L.P. announced today plans to transfer the...
The Davis Way: High Conviction, Benchmark Agnostic, Fully Transparent, Active ETFs (Podcast Transcript)
After years as an index fund evangelist at top ETF firms like BlackRock and SSgA, Dodd Kittsley did a 180 of sorts, becoming Director of active manager Davis Advisors. Still opposed to the “closet ind...
The Davis Way: High Conviction, Benchmark Agnostic, Fully Transparent, Active ETFs (Podcast)
After years as an index fund evangelist at top ETF firms like BlackRock and SSgA, Dodd Kittsley did a 180 of sorts, becoming Director of active manager Davis Advisors. Still opposed to the “closet ind...
Getting Active With A Financial Services ETF
Financial services stocks and exchange traded funds remain out of favor with many investors and with interest rates poised to decline further, which weighs on banks' net interest margins, some investo...