Clipper Fund (CFIMX)
| Fund Assets | 1.45B |
| Expense Ratio | 0.68% |
| Min. Investment | $2,500 |
| Turnover | 17.00% |
| Dividend (ttm) | 1.32 |
| Dividend Yield | 7.63% |
| Dividend Growth | -27.83% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 17.23 |
| YTD Return | 8.81% |
| 1-Year Return | 31.13% |
| 5-Year Return | 72.64% |
| 52-Week Low | 13.98 |
| 52-Week High | 17.37 |
| Beta (5Y) | 0.89 |
| Holdings | 34 |
| Inception Date | Feb 29, 1984 |
About CFIMX
Clipper Fund is an actively managed, non-diversified mutual fund focused on long-term capital appreciation and the preservation of capital. The fund primarily invests in a concentrated portfolio of 15 to 35 large-cap, well-established companies, seeking those with durable business models, resilient growth, strong free cash flow, and competitive advantages. Guided by the Davis Investment Discipline since 2006, Clipper Fund emphasizes value-oriented investing—purchasing high-quality businesses at what the managers consider attractive valuations and holding them for the long term. The portfolio is heavily weighted toward sectors such as financial services, technology, healthcare, and industrials, reflecting the managers' conviction in these areas’ long-term growth potential and economic significance. Notable holdings often include leading global firms with robust balance sheets and proven management teams. The fund benchmarks its performance against the S&P 500 and falls within the large-cap value category. With a long-standing history and a commitment to rigorous research and selectivity, Clipper Fund plays a significant role for investors seeking exposure to high-conviction, value-driven equity investing in the U.S. market.
Performance
CFIMX had a total return of 31.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
| FEQDX | Fidelity | Fidelity Advisor Hedged Equity Fund - Class C | 1.55% |
| VPMCX | Vanguard | Vanguard PRIMECAP Fund Investor Shares | 0.38% |
Top 10 Holdings
59.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital One Financial Corporation | COF | 9.29% |
| Alphabet Inc. | GOOGL | 7.58% |
| Markel Group Inc. | MKL | 6.70% |
| Meta Platforms, Inc. | META | 6.52% |
| U.S. Bancorp | USB | 5.59% |
| Berkshire Hathaway Inc. | BRK.A | 5.29% |
| Applied Materials, Inc. | AMAT | 5.13% |
| MGM Resorts International | MGM | 4.89% |
| CVS Health Corporation | CVS | 4.57% |
| Coterra Energy Inc. | CTRA | 3.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $0.500 | Dec 15, 2025 |
| Jun 25, 2025 | $0.820 | Jun 26, 2025 |
| Dec 13, 2024 | $1.234 | Dec 16, 2024 |
| Jun 14, 2024 | $0.595 | Jun 17, 2024 |
| Dec 8, 2023 | $0.427 | Dec 11, 2023 |
| Jun 27, 2023 | $0.361 | Jun 28, 2023 |