Davis New York Venture Fund (NYVTX)
The investment seeks long-term growth of capital. Davis Selected Advisers, L.P. ("Davis Advisors" or the "Adviser"), the fund's investment adviser, uses the Davis Investment Discipline to invest Davis New York Venture Fund's portfolio principally in common stocks (including indirect holdings of common stock through depositary receipts) issued by large companies with market capitalizations of at least $10 billion. Historically, the fund has invested a significant portion of its assets in financial services companies and in foreign companies, and may also invest in mid- and small- capitalization companies.
Fund Info
| ISIN | US2390801049 |
|---|---|
| CUSIP | 239080104 |
| Issuer | Davis Funds |
| Inception Date | Feb 17, 1969 |
| Category | Large Cap Blend Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
NYVTX features an expense ratio of 0.89%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: NYVTX vs. SCHD, NYVTX vs. DGFAX, NYVTX vs. VOO, NYVTX vs. VEXPX, NYVTX vs. VTMGX, NYVTX vs. VFINX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Davis New York Venture Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Davis New York Venture Fund had a return of 16.07% year-to-date (YTD) and 30.87% in the last 12 months. Over the past 10 years, Davis New York Venture Fund had an annualized return of 9.87%, while the S&P 500 had an annualized return of 11.08%, indicating that Davis New York Venture Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.07% | 19.55% |
| 1 month | 2.00% | 2.37% |
| 6 months | 4.46% | 8.95% |
| 1 year | 30.87% | 32.00% |
| 5 years (annualized) | 10.99% | 13.81% |
| 10 years (annualized) | 9.87% | 11.08% |
Monthly Returns
The table below presents the monthly returns of NYVTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.64% | 7.30% | 3.98% | -3.19% | 3.81% | 0.48% | 1.68% | 1.06% | 16.07% | ||||
| 2023 | 11.68% | -3.11% | -2.21% | 2.81% | -0.04% | 7.63% | 7.18% | -4.85% | -3.70% | -2.67% | 8.09% | 7.60% | 30.14% |
| 2022 | -0.03% | -3.29% | -2.18% | -9.26% | 2.70% | -9.64% | 5.53% | -2.86% | -9.63% | 5.58% | 10.94% | -4.57% | -17.54% |
| 2021 | 1.19% | 7.77% | 3.88% | 6.63% | 0.96% | -1.75% | -3.91% | 0.18% | -3.19% | 3.58% | -4.77% | 2.13% | 12.47% |
| 2020 | -1.65% | -6.92% | -19.71% | 13.26% | 2.47% | 2.13% | 4.64% | 6.29% | -3.37% | 0.94% | 12.99% | 4.35% | 11.42% |
| 2019 | 11.02% | 1.69% | 0.80% | 6.64% | -9.05% | 6.70% | 2.18% | -3.05% | 2.89% | 2.17% | 3.31% | 3.40% | 30.99% |
| 2018 | 6.57% | -4.90% | -3.46% | 1.76% | 1.93% | 0.70% | 3.30% | 0.95% | -1.34% | -9.30% | 0.58% | -9.29% | -12.99% |
| 2017 | 2.00% | 1.99% | 0.25% | 1.76% | 0.96% | 1.67% | 1.94% | -1.20% | 3.88% | 3.22% | 1.30% | 2.52% | 22.18% |
| 2016 | -8.42% | -2.26% | 6.22% | 4.46% | 2.93% | -3.04% | 4.67% | 2.34% | 0.20% | -1.57% | 6.33% | 0.85% | 12.31% |
| 2015 | -3.34% | 7.19% | -1.57% | 2.48% | 0.80% | -2.01% | 2.94% | -5.42% | -3.74% | 8.40% | 0.46% | -2.18% | 3.06% |
| 2014 | -4.15% | 5.47% | 0.88% | -1.80% | 2.58% | 2.23% | -1.79% | 2.90% | -2.82% | 1.73% | 2.77% | -1.08% | 6.67% |
| 2013 | 6.41% | 1.08% | 3.26% | 2.20% | 3.09% | -1.25% | 5.35% | -2.91% | 2.68% | 3.99% | 3.69% | 2.83% | 34.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NYVTX is 56, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Davis New York Venture Fund (NYVTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Davis New York Venture Fund granted a 12.42% dividend yield in the last twelve months. The annual payout for that period amounted to $3.55 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.55 | $2.10 | $1.66 | $6.34 | $1.83 | $2.24 | $5.90 | $2.85 | $3.92 | $7.10 | $7.22 | $4.85 |
Dividend yield | 12.42% | 7.92% | 7.48% | 21.93% | 5.88% | 7.54% | 24.08% | 8.32% | 12.85% | 22.97% | 19.61% | 11.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Davis New York Venture Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.18 | $0.00 | $0.00 | $0.00 | $2.18 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.37 | $2.10 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $1.66 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.80 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.54 | $6.34 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.83 | $1.83 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.27 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $2.24 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.44 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.45 | $5.90 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.64 | $2.85 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.07 | $0.00 | $0.00 | $0.00 | $0.00 | $1.85 | $3.92 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.97 | $0.00 | $0.00 | $0.00 | $0.00 | $3.12 | $7.10 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.42 | $0.00 | $0.00 | $0.00 | $0.00 | $3.80 | $7.22 |
| 2013 | $3.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.85 | $4.85 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Davis New York Venture Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Davis New York Venture Fund was 58.56%, occurring on Mar 9, 2009. Recovery took 1007 trading sessions.
The current Davis New York Venture Fund drawdown is 1.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.56% | Oct 15, 2007 | 351 | Mar 9, 2009 | 1007 | Mar 11, 2013 | 1358 |
| -38.94% | Sep 5, 2000 | 523 | Oct 9, 2002 | 521 | Nov 4, 2004 | 1044 |
| -38.8% | Aug 27, 1987 | 99 | Jan 12, 1988 | 1000 | Nov 12, 1991 | 1099 |
| -36.98% | Feb 20, 2020 | 23 | Mar 23, 2020 | 161 | Nov 9, 2020 | 184 |
| -32.62% | Jun 2, 2021 | 337 | Sep 30, 2022 | 331 | Jan 26, 2024 | 668 |
Volatility
Volatility Chart
The current Davis New York Venture Fund volatility is 4.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.