About NYVTX
Davis New York Venture Fund Class A is a longstanding mutual fund focused on large-cap U.S. equities, with a primary objective of achieving long-term capital appreciation. Established in 1969, the fund applies the Davis Investment Discipline, emphasizing selective investment in durable, well-managed businesses that possess sustainable competitive advantages and attractive long-term growth prospects, often purchased at value prices. The portfolio is constructed through rigorous, bottom-up equity research, leading to concentrated holdings in companies with strong balance sheets, significant free cash flow, and proven management teams. Historically, the fund has maintained notable allocations to financial services and technology sectors, as reflected by its top holdings, which often constitute more than half of assets. Serving as a core large-cap value offering, it is benchmarked against the S&P 500 and is recognized for its flexible, opportunistic approach that does not strictly mirror index weights. With over $6 billion in assets and a track record of long-term outperformance versus the market since inception, Davis New York Venture Fund Class A plays a significant role for investors seeking a disciplined, actively managed exposure to established companies within the U.S. equity landscape.
Fund Family Davis Funds
Category Large Value
Performance Rating Above Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol NYVTX
Share Class Class A
Index S&P 500 TR
NYVTX had a total return of 20.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.73%.
