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Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Davis Government Money Market Fund

RPGXX | Fund

$1.00

$1.37 B

4.44%

$0.04

0.69%

Vitals

YTD Return

3.9%

1 yr return

4.3%

3 Yr Avg Return

3.0%

5 Yr Avg Return

1.9%

Net Assets

$1.37 B

Holdings in Top 10

75.1%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Money Market Fund

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Davis Government Money Market Fund

RPGXX | Fund

$1.00

$1.37 B

4.44%

$0.04

0.69%

RPGXX - Profile

Distributions

  • YTD Total Return 3.9%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.04%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Davis Government Money Market Fund
  • Fund Family Name
    Davis Funds
  • Inception Date
    Apr 01, 2011
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Creston King

Fund Description

The Fund is a money market fund that seeks to preserve the value of your investment at $1.00 per share. There can be no guarantee that the Fund will be successful in maintaining a $1.00 share price.

Davis Government Money Market Fund invests exclusively in U.S. Treasury securities, U.S. Government agency securities, U.S. Government agency mortgage securities (collectively “U.S. Government Securities”) and repurchase agreements collateralized by U.S. Government Securities. As a government money market fund, the Fund normally invests at least 99.5% of its total assets in U.S. Government Securities, repurchase agreements collateralized by cash and/or U.S. Government Securities, and cash. The Fund seeks to maintain liquidity and preserve capital by carefully monitoring the maturity of its investments. The Fund’s portfolio maintains a dollar-weighted average maturity of sixty days or less.

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RPGXX - Performance

Return Ranking - Trailing

Period RPGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% 0.5% 9.5% 74.50%
1 Yr 4.3% 0.5% 10.0% 78.96%
3 Yr 3.0%* 0.7% 5.1% 81.94%
5 Yr 1.9%* 0.5% 110.7% 77.81%
10 Yr N/A* 0.4% 32.4% 60.18%

* Annualized

Return Ranking - Calendar

Period RPGXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 39.59%
2022 0.0% 0.0% 1.2% 40.52%
2021 0.0% 0.0% 0.0% 40.38%
2020 0.0% 0.0% 0.4% 40.66%
2019 0.0% 0.0% 2.0% 41.19%

Total Return Ranking - Trailing

Period RPGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% 0.5% 9.5% 74.50%
1 Yr 4.3% 0.5% 10.0% 78.96%
3 Yr 3.0%* 0.7% 5.1% 81.94%
5 Yr 1.9%* 0.5% 110.7% 77.81%
10 Yr N/A* 0.4% 32.4% 60.18%

* Annualized

Total Return Ranking - Calendar

Period RPGXX Return Category Return Low Category Return High Rank in Category (%)
2023 4.7% 0.8% 5.9% 77.16%
2022 1.1% 0.0% 1.7% 64.94%
2021 0.0% 0.0% 1.9% 8.52%
2020 0.2% 0.0% 3.0% 81.02%
2019 1.9% 0.0% 3797.9% 52.20%

NAV & Total Return History

RPGXX - Holdings

Concentration Analysis

RPGXX Category Low Category High RPGXX % Rank
Net Assets 1.37 B 818 K 211 B 23.02%
Number of Holdings 21 1 346 79.16%
Net Assets in Top 10 81.4 M 147 K 163 B 98.76%
Weighting of Top 10 75.10% 22.7% 100.0% 35.46%

Top 10 Holdings

  1. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  2. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  3. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  4. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  5. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  6. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  7. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  8. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  9. Stonex Group Inc. Joint Repurchase Agreement 50.52%
  10. Stonex Group Inc. Joint Repurchase Agreement 50.52%

Asset Allocation

Weighting Return Low Return High RPGXX % Rank
Cash 		72.63% 25.56% 100.00% 70.05%
Bonds 		27.37% 0.00% 74.44% 29.70%
Stocks 		0.00% 0.00% 0.00% 40.59%
Preferred Stocks 		0.00% 0.00% 0.00% 40.59%
Other 		0.00% -1.67% 0.04% 40.59%
Convertible Bonds 		0.00% 0.00% 21.22% 45.30%

Bond Sector Breakdown

Weighting Return Low Return High RPGXX % Rank
Cash & Equivalents 		72.63% 0.00% 100.00% 66.58%
Government 		27.37% 0.00% 44.01% 28.96%
Derivative 		0.00% 0.00% 0.00% 40.35%
Securitized 		0.00% 0.00% 1.75% 42.33%
Corporate 		0.00% 0.00% 100.00% 52.72%
Municipal 		0.00% 0.00% 22.71% 44.55%

Bond Geographic Breakdown

Weighting Return Low Return High RPGXX % Rank
US 		27.37% 0.00% 72.86% 29.70%
Non US 		0.00% 0.00% 3.41% 41.83%

RPGXX - Expenses

Operational Fees

RPGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.07% 2.23% 18.81%
Management Fee 0.30% 0.03% 0.50% 87.38%
12b-1 Fee 0.00% 0.00% 1.00% 13.45%
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

RPGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

RPGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% N/A

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.

RPGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

RPGXX - Distributions

Dividend Yield Analysis

RPGXX Category Low Category High RPGXX % Rank
Dividend Yield 4.44% 0.00% 5.42% 82.92%

Dividend Distribution Analysis

RPGXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

RPGXX Category Low Category High RPGXX % Rank
Net Income Ratio 0.04% -1.09% 1.67% 5.82%

Capital Gain Distribution Analysis

RPGXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Distributions History

View More +

RPGXX - Fund Manager Analysis

Managers

Creston King

Start Date

Tenure

Tenure Rank

Aug 31, 1999

22.76

22.8%

Mr. King is a portfolio manager with Davis Selected Advisors, his employer since 1999. Previously, he was a portfolio manager at U.S. Global Advisors from 1993 to 1999. Prior to that, he served as a broker at Southwest Securities for one year. Mr. King holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 15.23 19.01

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