Davis Government Bond Fund Class Y (DGVYX)
| Fund Assets | 16.85M |
| Expense Ratio | 0.75% |
| Min. Investment | $5,000,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 3.26% |
| Dividend Growth | -4.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.22 |
| YTD Return | 0.47% |
| 1-Year Return | 5.14% |
| 5-Year Return | 7.62% |
| 52-Week Low | 4.97 |
| 52-Week High | 5.22 |
| Beta (5Y) | n/a |
| Holdings | 50 |
| Inception Date | Sep 1, 1998 |
About DGVYX
Davis Government Bond Fund Class Y is an open-end mutual fund focused on high-quality U.S. government fixed income. The fund’s primary objective is to provide current income with low volatility and capital preservation by investing exclusively in U.S. government securities and repurchase agreements collateralized by U.S. government obligations, while maintaining a short average maturity, generally under three years. It sits in the short government category and is commonly compared to the Bloomberg U.S. Government 1–3 Year Index, reflecting its emphasis on short-duration Treasury and agency exposure. Class Y shares carry a net expense ratio of 0.75%, with a large minimum investment, positioning the share class for institutional or platform-based investors. The portfolio is predominantly domestic bonds with a modest cash allocation, aligning with its liquidity and stability goals. The strategy’s role in the market is to offer a conservative, income-oriented option that can help dampen interest rate sensitivity relative to intermediate and long-duration bond funds, while delivering steady monthly distributions typical of short-term government strategies.
Performance
DGVYX had a total return of 5.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.46%.
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 | $0.01424 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01478 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01416 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01283 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01422 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0145 | Aug 29, 2025 |