Davis Opportunity Fund (RPEAX)
The investment seeks long-term growth of capital. The fund's investment adviser uses the Davis Investment Discipline to invest Davis Opportunity Fund's portfolio principally in common stocks (including indirect holdings of common stock through depositary receipts). It may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets.
Fund Info
ISIN | US2391031042 |
---|---|
CUSIP | 239103104 |
Issuer | Davis Funds |
Inception Date | Dec 1, 1994 |
Category | Large Cap Blend Equities |
Min. Investment | $1,000 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
RPEAX has a high expense ratio of 0.93%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: RPEAX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Davis Opportunity 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 Opportunity Fund had a return of 13.01% year-to-date (YTD) and 27.39% in the last 12 months. Over the past 10 years, Davis Opportunity Fund had an annualized return of 9.08%, while the S&P 500 had an annualized return of 11.08%, indicating that Davis Opportunity Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 13.01% | 19.55% |
1 month | 2.84% | 2.37% |
6 months | 5.18% | 8.95% |
1 year | 27.39% | 32.00% |
5 years (annualized) | 12.85% | 13.81% |
10 years (annualized) | 9.08% | 11.08% |
Monthly Returns
The table below presents the monthly returns of RPEAX, 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 | -1.10% | 4.56% | 5.38% | -2.67% | 3.29% | -1.60% | 3.55% | 1.27% | 13.01% | ||||
2023 | 9.09% | -4.39% | -4.21% | 2.65% | -0.03% | 8.54% | 5.46% | -3.95% | -3.76% | -3.27% | 8.37% | 7.47% | 22.21% |
2022 | -3.94% | -2.91% | -1.02% | -6.88% | 3.33% | -9.19% | 6.00% | -3.24% | -8.33% | 9.00% | 7.71% | -3.56% | -14.12% |
2021 | 1.61% | 4.11% | 6.81% | 9.61% | 2.77% | -2.51% | -0.62% | 0.24% | -4.15% | 4.72% | -3.14% | 3.94% | 24.92% |
2020 | -2.42% | -6.98% | -16.33% | 13.61% | 3.64% | 1.47% | 4.28% | 3.95% | -1.40% | -0.06% | 11.74% | 4.13% | 12.78% |
2019 | 9.32% | 0.88% | 0.00% | 4.48% | -7.75% | 5.73% | 1.36% | -3.25% | 2.97% | 1.07% | 4.84% | 4.41% | 25.55% |
2018 | 5.35% | -4.72% | -2.75% | 1.69% | 1.99% | 0.77% | 3.20% | 1.13% | -0.20% | -8.98% | -2.09% | -19.39% | -23.66% |
2017 | 2.07% | 0.67% | 2.08% | 2.10% | 2.09% | 0.83% | 2.14% | -0.92% | 4.35% | 2.75% | 0.22% | 2.68% | 23.09% |
2016 | -6.34% | 0.51% | 7.12% | 4.55% | 1.11% | -2.36% | 4.24% | 2.79% | 1.86% | -3.75% | 5.56% | -0.12% | 15.28% |
2015 | -3.06% | 6.83% | -0.97% | 4.24% | 0.59% | -2.32% | 0.72% | -5.90% | -3.83% | 9.28% | 3.01% | -2.72% | 4.86% |
2014 | -0.72% | 6.67% | 0.54% | -3.08% | 4.00% | 1.68% | -2.35% | 3.05% | -4.06% | 3.03% | 1.41% | -2.49% | 7.35% |
2013 | 8.24% | 1.85% | 2.87% | 2.60% | 2.83% | -0.29% | 4.55% | -2.46% | 4.39% | 2.86% | 5.10% | 3.46% | 42.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RPEAX is 51, 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 Opportunity Fund (RPEAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Davis Opportunity Fund granted a 5.46% dividend yield in the last twelve months. The annual payout for that period amounted to $2.35 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $2.35 | $2.35 | $2.82 | $3.87 | $1.06 | $1.75 | $0.18 | $1.00 | $0.76 | $5.88 | $3.84 | $0.06 |
Dividend yield | 5.46% | 6.17% | 8.47% | 9.23% | 2.88% | 5.23% | 0.64% | 2.70% | 2.44% | 21.42% | 12.09% | 0.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Davis Opportunity 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.35 | $2.35 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.82 | $2.82 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.87 | $3.87 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.06 | $1.06 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.75 | $1.75 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $1.00 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.88 | $5.88 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.84 | $3.84 |
2013 | $0.06 | $0.06 |
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 Opportunity 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 Opportunity Fund was 59.71%, occurring on Nov 20, 2008. Recovery took 1063 trading sessions.
The current Davis Opportunity Fund drawdown is 1.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-59.71% | Jul 16, 2007 | 343 | Nov 20, 2008 | 1063 | Feb 14, 2013 | 1406 |
-43.43% | Oct 13, 1997 | 1272 | Oct 9, 2002 | 320 | Jan 20, 2004 | 1592 |
-39.54% | Jan 29, 2018 | 541 | Mar 23, 2020 | 196 | Dec 30, 2020 | 737 |
-26.03% | Jan 13, 2022 | 176 | Sep 26, 2022 | 306 | Dec 13, 2023 | 482 |
-19.5% | May 22, 1996 | 46 | Jul 24, 1996 | 75 | Nov 6, 1996 | 121 |
Volatility
Volatility Chart
The current Davis Opportunity Fund volatility is 4.58%, 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.