Davis NY Venture C Fund ( NYVCX ) seeks long-term growth of capital. Under normal circumstances, NYVCX invests majority of its assets in equity securities issued by companies with market capitalizations of at least $10 billion that are of high quality and whose shares are selling at attractive prices. NYVCX has the flexibility to invest a limited portion of its assets in companies of any size and to invest in non-equity securities.
This Global - Equity product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 6.4% and 5 year 13.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
NYVCX's performance, as of the last filing, when compared to funds in its category was in the top 12% over the past 1 year, and in the top 5% over the past 3 years and in the top 12% over the past 5 years.
The Davis NY Venture C fund, as of the last filing, allocates their fund in four major groups; Large Value, High Yield Bond, Large Growth and Emerging Market. Further, as of the last filing, Alphabet Inc, Amazon.com Inc and Berkshire Hathaway Inc were the top holdings for NYVCX.
This Zacks Rank #1 (Strong Buy) was incepted in February 1969 and is managed by Davis Funds . NYVCX carries an expense ratio of 1.66% and requires a minimal initial investment of $1,000.
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