Davis Government Bond Fund Class C (DGVCX)
| Fund Assets | 16.85M |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 2.26% |
| Dividend Growth | -6.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.19 |
| YTD Return | 0.38% |
| 1-Year Return | 3.90% |
| 5-Year Return | 2.42% |
| 52-Week Low | 5.00 |
| 52-Week High | 5.19 |
| Beta (5Y) | n/a |
| Holdings | 50 |
| Inception Date | Aug 19, 1997 |
About DGVCX
Davis Government Bond Fund Class C is an open-end mutual fund focused on short-duration U.S. government fixed income. Its primary objective is current income, achieved by investing exclusively in obligations issued or guaranteed by the U.S. Treasury and federal agencies, as well as repurchase agreements collateralized by U.S. government securities. The portfolio is managed to maintain a weighted average maturity of three years or less, positioning it within the short U.S. government category and emphasizing lower interest rate sensitivity relative to intermediate and long-term bond strategies. The fund diversifies across government security types, maturity tiers, call structures, and coupon profiles to help smooth returns and reduce volatility across market cycles. It is benchmarked to the Bloomberg U.S. Government 1–3 Year Bond Index and targets a role as a conservative core bond holding for investors seeking stability and income from high-quality government-backed debt. Class C shares carry a higher ongoing expense structure relative to other share classes, reflecting distribution and servicing costs. As of mid-2025, the strategy remains focused on liquidity, capital preservation, and consistent income within the short government segment.
Performance
DGVCX had a total return of 3.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.04%.
Top 10 Holdings
59.88% of assets| Name | Symbol | Weight |
|---|---|---|
| GOVERNMENT NATIONAL MORTGAGE A GNR 2021 H03 FJ | n/a | 9.69% |
| STONEX REPO REPO - 01Oct25 | n/a | 8.98% |
| FNMA POOL BL0533 FN 11/25 FIXED 3.57 | FN.BL0533 | 8.74% |
| FNMA POOL BM7752 FN 06/55 FLOATING VAR | FN.BM7752 | 5.95% |
| FANNIE MAE FNR 2022 22 HA | n/a | 5.60% |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H01 DA | GNR.2022-H01 DA | 4.48% |
| FED HM LN PC POOL 841736 FH 04/54 FLOATING VAR | FH.841736 | 4.30% |
| FNMA POOL BY1543 FN 06/53 FLOATING VAR | n/a | 4.19% |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H13 BA | GNR.2023-H13 BA | 4.02% |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H04 FG | GNR.2022-H04 FG | 3.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.00976 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01029 | Dec 31, 2025 |
| Nov 28, 2025 | $0.00989 | Nov 28, 2025 |
| Oct 31, 2025 | $0.00827 | Oct 31, 2025 |
| Sep 30, 2025 | $0.00988 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01002 | Aug 29, 2025 |