Davis Financial Y  DVFYX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Financial Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Value
  
  
As of 2009-06-30
Day Change
$ -0.10
  
NAV (2009-11-20)
$ 29.01
  
YTD Return % (2009-11-20)
43.90%
  
Total Assets ($ mil)
691
View Data Definitions
  Performance    
Growth of $10,000 Fund: Davis Financial Y
(from 1999-01-01 to 2009-10-31) Category: Financial
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1997-03-10 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 43.90 82.53 -8.50 0.00 2.65 5.66
+/- Category 23.55 75.56 6.89 5.49 0.62 ---
+/- S&P 500 TR 20.38 33.73 -2.60 -0.68 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 37.95 0.60 -8.18 0.21 3.76 5.76
Month-End (as of 2009-10-31) 36.90 23.43 -8.94 -0.34 2.65 5.66
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 21.41 -10.12 -1.24 2.07 ---
On Distribution & Sale of Shares --- 16.49 -7.41 -0.22 2.29 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 107 funds), (5 yrs : out of 101 funds), (10 yrs : out of 59 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 3.69
Software 3.69
Hardware 0.00
Media 0.00
Telecommunications 0.00
Service 87.83
Healthcare 0.00
Consumer Services 0.00
Business Services 3.42
Financial Services 84.41
Manufacturing 8.48
Consumer Goods 3.17
Industrial Materials 0.00
Energy 5.31
Utilities 0.00
Asset Allocation
% of Net Assets
Cash 1.5
Stocks 98.1
Bonds 0.0
Other 0.4
Foreign Stocks 24.1
(as a % of Assets)
Data through 2009-06-30 Data through 2009-06-30
 
Holding Status
Total Number of Stock Holdings 31 Turnover % 9
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 61.05 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Transatlantic Holdings, Inc. 26.18 38.54 10.59
American Express Company 7.48 124.53 7.94
Loews Corporation 3.12 26.33 7.07
Wells Fargo Company 42.19 -3.80 6.32
State Bank of India (GDR) --- --- 5.73
Julius Baer Holding Ltd --- --- 5.29
Canadian Natural Resources, Ltd. 5.35 65.99 4.97
Bank of New York Mellon Corporation 23.20 -5.75 4.92
Oaktree Cap Grp 144A --- --- 4.15
Goldman Sachs Group, Inc. 18.87 102.84 4.07
Data through 2009-06-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1997-03-10
Portfolio Manager  (Start Date)
Kenneth Charles Feinberg  (1997-05-01)
Feinberg is Portfolio Manager for all large cap equity, concentrated equity and financial portfolios. He joined Davis Advisors in 1994. Previously, he was a Vice President at the Continental Corporation and a capital and business analyst for the General Foods Corporation.
Charles Cavanaugh  (2007-05-01)
Charles Cavanaugh – Portfolio Manager/Research Analyst Charles Cavanaugh is a Portfolio Manager for the financial equity portfolios and a Research Analyst for other portfolios managed at Davis Advisors. Prior to joining Davis Advisors in 2001, Charles was an Institutional Trader for ING Pilgrim. Charles assisted in trading Domestic Equity Mutual Funds in excess of $7 billion dollars. Charles graduated from the University of Notre Dame.
Sales Charge %
(taken from prospectus dated 2009-07-01)
Front: None
Deferred: None
Expense Ratio % 0.97
based on net assets
(taken from annual report dated 2008-12-31)
Correspondence Information
2949 E. Elvira Road
Suite 101
Tucson,  AZ  85756
United States
Telephone:
800-279-0279
520-434-3771
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

© Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.