Morningstar

Davis Government Bond Fund Class A RFBAX

Morningstar Medalist Rating
Medalist Rating as of | See Davis Investment Hub
  • NAV / 1-Day Return 5.10  /  0.00
  • Total Assets 16.3M
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Government Mortgage-Backed Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.05%
  • Effective Duration —

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis RFBAX

Will RFBAX 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 RFBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RFBAX 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 RFBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Davis Government Bond A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings RFBAX

More RFBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 60.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Small Business Administration 1%

11.15 2M
Securitized

Government National Mortgage Association 1%

9.46 2M
Securitized

Federal Home Loan Mortgage Corp. 1%

5.98 982,635
Securitized

Government National Mortgage Association 1%

5.71 938,290
Securitized

FRESB MTG TR 2018-SB51 1%

5.38 884,697
Securitized

Federal National Mortgage Association 2.5%

5.07 833,211
Securitized

Cash & Equivalents

4.89 802,785
Cash and Equivalents

Government National Mortgage Association 2.4%

4.85 796,869
Securitized

Federal National Mortgage Association 1%

4.83 794,417
Securitized

Federal National Mortgage Association 1%

4.22 693,968
Securitized

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