Davis NY Venture A (NYVTX - Free Report) a Zacks Ranked #2 (Buy) seeks long-term growth of capital. Under normal circumstances, NYVTX 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. NYVTX 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 fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value, Foreign Stock. Further, as of the last filing, Wells Fargo & Co, Amazon.com, and Bank of New York Mellon were the top holdings for NYVTX.
The Davis NY Venture A fund, managed by Davis Funds , carries an expense ratio of 0.86. Moreover, NYVTX requires a minimal initial investment of $1,000.
NYVTX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.78%, 3 year 16.96%, and 5 year 13.45%. To see how this fund performed compared in its category, please click here.
NYVTX’s performance, as of the last filing, when compared to funds in its category was in the top 18% in 1 year, top 22% over the past 3 years, and in the 23% over the past 5 years.
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