Davis Opportunity Fund Class A (RPEAX)
| Fund Assets | 545.33M |
| Expense Ratio | 0.93% |
| Min. Investment | $1,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 6.30 |
| Dividend Yield | 14.62% |
| Dividend Growth | 167.95% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 40.91 |
| YTD Return | 11.18% |
| 1-Year Return | 27.11% |
| 5-Year Return | 121.83% |
| 52-Week Low | 33.21 |
| 52-Week High | 46.93 |
| Beta (5Y) | n/a |
| Holdings | 44 |
| Inception Date | Dec 1, 1994 |
About RPEAX
Davis Opportunity Fund Class A is a diversified mutual fund designed to pursue long-term capital growth by investing in a select mix of U.S. companies across all market capitalizations, sectors, and industries. Guided by the Davis Investment Discipline, the fund follows a flexible, opportunistic approach, seeking businesses that exhibit durable competitive advantages, strong management, and promising growth prospects trading at attractive valuations. The fund’s strategy emphasizes rigorous, independent research and a bottom-up stock selection process, avoiding strict adherence to benchmark composition. This multi-cap value fund has a long-standing track record since its inception in 1994 and aims to outperform broad market indices such as the S&P 1500 by building a concentrated portfolio of “best of breed” businesses. Managed by Davis Selected Advisers, the fund is notable for its disciplined focus on equity investing and unique stewardship commitment, with substantial insider ownership aligning the interests of management and shareholders. Davis Opportunity Fund Class A plays a significant role in the market as a core equity holding for investors seeking flexible exposure to fundamentally strong companies across the U.S. equity landscape.
Performance
RPEAX had a total return of 27.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.87%.
Top 10 Holdings
47.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Quest Diagnostics Incorporated | DGX | 7.11% |
| Capital One Financial Corporation | COF | 6.98% |
| Markel Group Inc. | MKL | 5.68% |
| CVS Health Corporation | CVS | 4.92% |
| Viatris Inc. | VTRS | 4.49% |
| The Cigna Group | CI | 4.25% |
| Teck Resources Limited | TECK | 3.69% |
| TOURMALINE OIL CORP COMMON STOCK | TOU | 3.68% |
| Humana Inc. | HUM | 3.66% |
| U.S. Bancorp | USB | 3.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $6.302 | Dec 16, 2024 |
| Dec 8, 2023 | $2.3519 | Dec 11, 2023 |
| Dec 9, 2022 | $2.8159 | Dec 12, 2022 |
| Dec 9, 2021 | $3.8687 | Dec 10, 2021 |
| Dec 10, 2020 | $1.057 | Dec 11, 2020 |
| Dec 12, 2019 | $1.752 | Dec 13, 2019 |