Davis New York Venture Fund Class B (NYVBX)
| Fund Assets | 6.34B |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 5.30 |
| Dividend Yield | 29.19% |
| Dividend Growth | 59.84% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 18.18 |
| YTD Return | -0.87% |
| 1-Year Return | -0.84% |
| 5-Year Return | 58.21% |
| 52-Week Low | 16.52 |
| 52-Week High | 22.63 |
| Beta (5Y) | n/a |
| Holdings | 44 |
| Inception Date | Feb 17, 1969 |
About NYVBX
Davis New York Venture Fund Class B is a large-cap equity mutual fund focused on long-term capital appreciation. Managed using the Davis Investment Discipline, the fund primarily invests in durable, well-managed, and attractively valued U.S. companies, with a particular emphasis on businesses exhibiting sustainable growth prospects and competitive advantages. Its portfolio is highly selective, typically holding a concentrated number of large-cap stocks—often with a significant allocation to the financial sector, but maintaining representation across other major industries such as communication services, information technology, and consumer discretionary. With a track record dating back to 1969, the fund distinguishes itself by employing rigorous, bottom-up research and maintaining a flexible, opportunistic approach rather than tracking a benchmark index. This makes it a foundational holding for investors seeking diversified exposure to established U.S. companies. Class B shares automatically convert to Class A shares after seven years, offering long-term investors a pathway to lower ongoing expenses over time.
Performance
NYVBX had a total return of -0.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.90%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| 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% |
Top 10 Holdings
52.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital One Financial Corporation | COF | 8.94% |
| Berkshire Hathaway Inc. | BRK.A | 8.30% |
| Meta Platforms, Inc. | META | 7.15% |
| Applied Materials, Inc. | AMAT | 4.44% |
| MGM Resorts International | MGM | 4.22% |
| CVS Health Corporation | CVS | 4.17% |
| DANSKE BANK A/S | DANSKE | 4.11% |
| U.S. Bancorp | USB | 4.08% |
| Amazon.com, Inc. | AMZN | 3.85% |
| Humana Inc. | HUM | 3.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $2.1479 | Jun 26, 2025 |
| Dec 13, 2024 | $3.1523 | Dec 16, 2024 |
| Jun 14, 2024 | $2.046 | Jun 17, 2024 |
| Dec 8, 2023 | $1.270 | Dec 11, 2023 |
| Jun 27, 2023 | $0.632 | Jun 28, 2023 |
| Dec 9, 2022 | $0.364 | Dec 12, 2022 |