Davis New York Venture’s increasingly concentrated portfolio can and has worked against it, but its veteran managers have also proved themselves enough here and on other strategies to merit a Morningstar Analyst Rating of Bronze for its cheapest Y share class, while the pricier ones get Neutral.
Davis NY Venture R NYVRX
NAV / 1-Day Return
34.77
/
2.02
%
Total Assets
9.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.180%
Expense Ratio
1.180%
Fee Level
Average
Longest Manager Tenure
25.43
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
500,000
Status
Open
TTM Yield
0.24%
Turnover
11%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will NYVRX outperform in 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 NYVRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NYVRX 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 NYVRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
More concentrated than in the past.
