Davis New York Venture Fund Class C (NYVCX)
| Fund Assets | 6.34B |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 5.32 |
| Dividend Yield | 26.68% |
| Dividend Growth | 60.10% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 19.93 |
| YTD Return | 0.05% |
| 1-Year Return | 0.34% |
| 5-Year Return | 61.55% |
| 52-Week Low | 17.95 |
| 52-Week High | 24.31 |
| Beta (5Y) | n/a |
| Holdings | 44 |
| Inception Date | Feb 17, 1969 |
About NYVCX
Davis New York Venture Fund Class C is a large-cap domestic equity mutual fund focused on long-term capital appreciation by investing primarily in durable, well-managed businesses, predominantly within the United States. The fund utilizes the Davis Investment Discipline, emphasizing selective investment in companies with sustainable competitive advantages, strong management, and growth prospects that are trading at value prices. The portfolio typically consists of a concentrated selection of approximately 40–45 holdings, offering exposure to multiple sectors, with a notable emphasis on financial services, healthcare, communication services, and technology. Since its inception in 1969, the fund has maintained a flexible, bottom-up stock selection process that aims to outperform benchmark indices by focusing on intrinsic value rather than mirroring the index. Davis New York Venture Fund Class C is managed by experienced portfolio managers and is recognized for its rigorous equity research and commitment to long-term wealth creation, making it a foundational choice for investors seeking exposure to high-quality U.S. large-cap stocks within a disciplined, research-driven investment vehicle.
Performance
NYVCX had a total return of 0.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.03%.
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 | $2.152 | Jun 26, 2025 |
| Dec 13, 2024 | $3.1633 | Dec 16, 2024 |
| Jun 14, 2024 | $2.050 | Jun 17, 2024 |
| Dec 8, 2023 | $1.270 | Dec 11, 2023 |
| Jun 27, 2023 | $0.632 | Jun 28, 2023 |
| Dec 9, 2022 | $0.365 | Dec 12, 2022 |