Davis Opportunity Fund (RPEAX)

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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.

Davis Opportunity Fund (RPEAX) has returned -3.24% so far this year and 17.38% over the past 12 months. Over the last ten years, RPEAX has had an annualized return of 11.97%, just under the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Jan 3, 1995, RPEAX's average daily return is +0.05%, while the average monthly return is +1.02%. At this rate, your investment would double in approximately 5.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Dec 1999 with a return of +17.7%, while the worst month was Aug 1998 at -23.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, RPEAX closed higher 53% of trading days. The best single day was Dec 13, 2024 with a return of +35.5%, while the worst single day was Dec 16, 2024 at -14.6%.

Davis Opportunity Fund has an annualized alpha of 3.16%, beta of 0.93, and R² of 0.71 versus S&P 500 Index. Calculated based on daily prices since January 04, 1995.

• This fund captured 110.44% of S&P 500 Index gains and 100.50% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 3.16% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.93 and R² of 0.71, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

RPEAX has a high expense ratio of 0.93%, indicating above-average management fees.

RPEAX ranks 50 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Davis Opportunity Fund (RPEAX) and compare them to a chosen benchmark (S&P 500 Index).

Davis Opportunity Fund provided a 14.38% dividend yield over the last twelve months, with an annual payout of $5.50 per share.

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.

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.

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 1084 trading sessions.

The current Davis Opportunity Fund drawdown is 10.12%.

The chart below shows the rolling one-month volatility.