Davis Government Bond Fund Class Y (DGVYX)
| Fund Assets | 16.64M |
| Expense Ratio | 0.75% |
| Min. Investment | $5,000,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 3.29% |
| Dividend Growth | -3.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 5.19 |
| YTD Return | 1.27% |
| 1-Year Return | 3.53% |
| 5-Year Return | 8.19% |
| 52-Week Low | 5.17 |
| 52-Week High | 5.23 |
| Beta (5Y) | -0.02 |
| Holdings | 53 |
| 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 3.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.17%.
Top 10 Holdings
59.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Small Business Administration 1% | SBA.531028 | 11.62% |
| Government National Mortgage Association 1% | GNR.2021-H03 FJ | 9.75% |
| Federal Home Loan Mortgage Corp. 1% | FHMS.K073 AM | 6.02% |
| Government National Mortgage Association 1% | G2.MB0821 | 5.82% |
| Federal National Mortgage Association 2.5% | FNR.2022-22 HA | 5.28% |
| Government National Mortgage Association 2.4% | GNR.2017-51 AC | 5.03% |
| Federal National Mortgage Association 1% | FN.BM7752 | 4.96% |
| Federal National Mortgage Association 1% | FN.BY1543 | 4.29% |
| Federal Home Loan Mortgage Corp. 1% | FH.841736 | 3.64% |
| Government National Mortgage Association 1% | GNR.2021-103 KD | 3.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.01422 | Jun 30, 2026 |
| May 29, 2026 | $0.0144 | May 29, 2026 |
| Apr 30, 2026 | $0.01395 | Apr 30, 2026 |
| Mar 31, 2026 | $0.01422 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01442 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01424 | Jan 30, 2026 |