Davis New York Fund Quote
| NYVRX Fund | USD 30.57 0.37 1.23% |
Performance10 of 100
| Odds Of DistressLess than 18
|
Davis New is trading at 30.57 as of the 26th of November 2024; that is 1.23% increase since the beginning of the trading day. The fund's open price was 30.2. Davis New has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Davis New York are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
Davis Selected Advisers, L.P. , the funds investment adviser, uses the Davis Investment Discipline to invest the funds portfolio principally in common stocks issued by large companies with market capitalizations of at least 10 billion. Historically, the fund has invested a significant portion of its assets in financial services companies and in foreign companies, and may also invest in mid- and small- capitalization companies.. More on Davis New York
Moving together with Davis Mutual Fund
| 0.72 | DILCX | Davis International | PairCorr |
| 0.72 | DILAX | Davis International | PairCorr |
| 0.72 | DILYX | Davis International | PairCorr |
| 0.92 | RPFGX | Davis Financial | PairCorr |
| 0.94 | RPFCX | Davis Appreciation Income | PairCorr |
Moving against Davis Mutual Fund
Davis Mutual Fund Highlights
| Fund Concentration | Davis Funds, Large Value Funds, Large Blend Funds, Large Blend, Davis Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
Davis New York [NYVRX] is traded in USA and was established 26th of November 2024. Davis New is listed under Davis Funds category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Davis Funds family. This fund now has accumulated 10.95 B in assets with no minimum investment requirementsDavis New York is currently producing year-to-date (YTD) return of 22.27% with the current yeild of 0.01%, while the total return for the last 3 years was 8.39%.
Check Davis New Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Davis Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Davis Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Davis New York Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Davis New York Mutual Fund Constituents
| JCI | Johnson Controls International | Stock | Industrials | |
| WFC | Wells Fargo | Stock | Financials | |
| USB | US Bancorp | Stock | Financials | |
| TXN | Texas Instruments Incorporated | Stock | Information Technology | |
| RTX | Raytheon Technologies Corp | Stock | Industrials | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| INTC | Intel | Stock | Information Technology | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Davis New York Risk Profiles
| Mean Deviation | 0.7104 | |||
| Semi Deviation | 0.7927 | |||
| Standard Deviation | 0.9789 | |||
| Variance | 0.9582 |
Davis New Against Markets
Other Information on Investing in Davis Mutual Fund
Davis New financial ratios help investors to determine whether Davis Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Davis with respect to the benefits of owning Davis New security.
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