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.
Will NYVTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NYVTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NYVTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of NYVTX’s parent organization’s priorities and whether they’re in line with investors’ interests.