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DFIBX Davis Financial A

  • Fund
  • DFIBX
  • Price as of: Aug 31, 2017
  • $38.63
  • + $0.05
  • + 0.13%
  • Category
  • Financials Equities

DFIBX - Profile

Vitals

  • YTD Return 8.3%
  • 3 Yr Annualized Return 10.4%
  • 5 Yr Annualized Return 15.1%
  • Net Assets $1.22 B
  • Holdings in Top 10 50.0%

52 WEEK LOW AND HIGH

$38.63
$36.08
$39.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load 4.75%
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Financials Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Financial

Distributions

  • YTD Total Return 8.3%
  • 3 Yr Annualized Total Return 8.6%
  • 5 Yr Annualized Total Return 14.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.72%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Davis Financial Fund
  • Fund Family Name Davis Funds
  • Inception Date May 01, 1991
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Christopher Cullom Davis

Fund Description

The fund's investment adviser uses the Davis Investment Discipline to invest at least 80% of the fund's net assets, plus any borrowing for investment purposes, in securities issued by companies principally engaged in the financial services sector. It invests principally in common stocks (including indirect holdings of common stock through depositary receipts). A company is principally engaged in financial services if it owns financial services-related assets that constitute at least 50% of the value of all of its assets, or if it derives at least 50% of its revenues from providing financial services.

DFIBX - Performance

Return Ranking - Trailing

Period DFIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.3% -6.4% 8.3% 1.43% 1
1 Yr 19.8% -18.6% 47.6% 34.29% 2
3 Yr 10.4% * -11.2% 18.6% 51.47% 3
5 Yr 15.1% * 5.7% 20.9% 39.39% 2
10 Yr 5.6% * -0.4% 10.3% 51.67% 3

* Annualized


Return Ranking - Calendar

Period DFIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 12.3% -7.7% 46.5% 59.42% 3
2016 -1.5% -1.5% 33.5% 94.12% 5
2015 -1.6% -15.2% 15.0% 30.88% 2
2014 27.7% -24.8% 27.7% 1.47% 1
2013 15.0% 0.0% 48.1% 94.12% 5

Total Return Ranking - Trailing

Period DFIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.3% -6.4% 8.3% 1.43% 1
1 Yr 14.1% -13.2% 47.6% 51.43% 3
3 Yr 8.6% * -3.6% 120.2% 69.12% 4
5 Yr 14.0% * 5.2% 20.9% 50.00% 3
10 Yr 5.1% * -1.0% 10.3% 55.00% 3

* Annualized


Total Return Ranking - Calendar

Period DFIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 12.3% -7.7% 46.5% 59.42% 3
2016 0.6% 0.0% 34.4% 92.65% 5
2015 14.0% -12.1% 15.0% 5.88% 1
2014 38.4% -17.9% 38.4% 1.47% 1
2013 23.1% 0.0% 64.7% 95.59% 5

NAV & Total Return History

DFIBX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

DFIBX Category Low Category High DFIBX % Rank Quintile
Net Assets 1.22 B 2.18 M 7.96 B 7.14% 1
Number of Holdings 32 27 410 31.43% 5
Net Assets in Top 10 592 M 953 K 3.53 B 5.71% 1
Weighting of Top 10 50.0% 16.2% 61.5% 10.00% 1

Top 10 Holdings

  1. Wells Fargo & Co 4.77%
  2. American Express Co 5.96%
  3. Bank of New York Mellon Corp 4.85%
  4. Markel Corp 5.24%
  5. JPMorgan Chase & Co 4.81%
  6. Berkshire Hathaway Inc A 6.43%
  7. US Bancorp 4.11%
  8. Loews Corp 4.13%
  9. Capital One Financial Corp 5.61%
  10. Visa Inc Class A 4.10%

Asset Allocation

Weighting Category Low Category High DFIBX % Rank Quintile
Stocks
91.13% 59.84% 100.00% 37.14% 5
Cash
8.87% 0.00% 28.92% 7.14% 1
Preferred Stocks
0.00% 0.00% 0.40% 8.57% 5
Other
0.00% 0.00% 10.84% 15.71% 5
Convertible Bonds
0.00% 0.00% 0.00% 1.43% 5
Bonds
0.00% -0.13% 2.20% 8.57% 5

Stock Sector Breakdown

Weighting Category Low Category High DFIBX % Rank Quintile
Financial Services
85.98% 19.67% 100.00% 30.00% 4
Technology
3.36% 0.00% 3.47% 2.86% 1
Real Estate
1.79% 0.00% 30.59% 21.43% 3
Utilities
0.00% 0.00% 0.00% 1.43% 5
Industrials
0.00% 0.00% 9.47% 28.57% 5
Healthcare
0.00% 0.00% 2.75% 4.29% 5
Energy
0.00% 0.00% 0.00% 1.43% 5
Communication Services
0.00% 0.00% 3.62% 5.71% 5
Consumer Defense
0.00% 0.00% 0.36% 5.71% 5
Consumer Cyclical
0.00% 0.00% 2.70% 10.00% 5
Basic Materials
0.00% 0.00% 2.19% 4.29% 5

Stock Geographic Breakdown

Weighting Category Low Category High DFIBX % Rank Quintile
US
80.42% 43.02% 99.26% 30.00% 4
Non US
10.71% 0.00% 47.42% 12.86% 2

DFIBX - Expenses

Operational Fees

DFIBX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.92% 0.10% 7.35% 65.71% 1
Management Fee 0.55% 0.09% 1.25% 18.57% 2
12b-1 Fee 0.19% 0.00% 1.00% 16.00% 1
Administrative Fee N/A 0.04% 0.25% N/A N/A

Sales Fees

DFIBX Fees (% of AUM) Category Low Category High DFIBX Rank Quintile
Front Load 4.75% 3.50% 5.75% 19.05% 2
Deferred Load 4.00% 1.00% 5.00% 9.52% 4

Trading Fees

DFIBX Fees (% of AUM) Category Low Category High DFIBX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DFIBX Fees (% of AUM) Category Low Category High DFIBX Rank Quintile
Turnover 17.00% 4.00% 907.00% 31.43% 2

DFIBX - Distributions

Dividend Yield Analysis

DFIBX Category Low Category High DFIBX % Rank Quintile
Dividend Yield 0.1% 0.00% 0.48% 29.09% 3

Dividend Distribution Analysis

DFIBX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

DFIBX Category Low Category High DFIBX % Rank Quintile
Net Income Ratio 0.72% -2.13% 1.90% 38.57% 3

Capital Gain Distribution Analysis

DFIBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

DFIBX - Managers

Christopher Cullom Davis

Manager

Start Date

Jan 01, 2014

Tenure

3.67

Tenure Rank

18.6%

Christopher Davis, Portfolio Manager, is a research analyst and Chair of the Portfolio Review Committee which oversees the management of the Davis Global, International and All-Cap Strategies. Mr. Davis with Danton Goei is Portfolio Manager for all large cap equity and concentrated equity portfolios. Mr. Davis joined the firm in 1989 after working as a securities analyst. He received his M.A. from the University of St. Andrews in Scotland.


Tenure Analysis

Category Low

0.1

Category High

21.0

Category Average

7.71

Category Mode

3.0