Morningstar

Selected American Shares Fund Class S SLASX

Morningstar Medalist Rating
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Medalist Rating as of See Selected Investment Hub
  • NAV / 1-Day Return $44.13  /  +0.55 %
  • Fund Size $2.0B
  • Adjusted Expense Ratio 0.970%
  • Net Expense Ratio 0.970%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Large Value
  • Equity Style Box (Funds) Large Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 0.89%
  • Turnover Ratio 15%
NAV and 1-Day Return as of

Morningstar’s Analysis SLASX

Will SLASX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SLASX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SLASX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SLASX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Its risks aren’t always well compensated.

Associate Director Tony Thomas

Tony Thomas

Associate Director

Summary

The risks of Davis NY Venture and Selected American Shares' underlying strategy offset its attractions. Changes to how Morningstar assesses the excess return opportunity for funds have hurt Davis NY Venture’s pricier C shares, even though its pillar ratings and costs didn't change much.

by Tony Thomas
Rated on Published on

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Portfolio Holdings SLASX

More SLASX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 48.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital One Financial Corp

6.34 132M
Financial Services

Alphabet Inc Class A

5.20 109M
Communication Services

U.S. Bancorp

5.18 108M
Financial Services

Viatris Inc

5.09 106M
Healthcare

Amazon.com Inc

5.00 104M
Consumer Cyclical

Meta Platforms Inc Class A

4.58 96M
Communication Services

Devon Energy Corp

4.53 95M
Energy

CVS Health Corp

4.12 86M
Healthcare

Samsung Electronics Co Ltd

4.00 84M
Technology

MGM Resorts International

3.97 83M
Consumer Cyclical

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