NAV as of 9/22/21
| Price | Change |
|---|---|
| $29.75 | $0.44 / 1.49% |
Market Price Market price generally reflects the official closing price of the Fund. as of 9/22/21
| Price | Change |
|---|---|
| $29.82 | $0.45 / 1.54% |
Literature
Fund Overview
- Seeks high-conviction, best-of-breed businesses
- Benchmark-agnostic. Seeks to outperform the index, not mirror it
- Low expected turnover and a strategic, long term time horizon
- Traditional benefits of ETFs: Low cost, tax efficient, intra-day liquidity and transparent ETFs are subject to commission costs each time a buy or sell is executed. Depending on the amount of trading activity, the low costs of ETFs may be outweighed by commissions and related trading costs.
Returns
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 28.83% | 55.01% | 9.77% | 11.52% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 29.03% | 55.32% | 9.82% | 11.56% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 31.57% | 56.48% | 13.22% | 13.40% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 28.83% | 54.47% | 9.13% | 11.02% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 17.07% | 32.78% | 7.43% | 9.00% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 24.76% | 57.76% | 9.00% | 10.97% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 25.05% | 58.69% | 8.98% | 11.02% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 25.14% | 55.21% | 11.86% | 12.43% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 24.76% | 57.22% | 8.36% | 10.46% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 14.66% | 34.44% | 6.83% | 8.55% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 25.52% | 63.70% | 10.83% | 11.34% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 25.76% | 64.37% | 10.78% | 11.39% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 25.69% | 61.77% | 13.96% | 12.79% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 25.52% | 63.13% | 10.18% | 10.81% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.11% | 37.96% | 8.27% | 8.84% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | -5.06% | -5.06% | 2.36% | 6.57% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | -4.97% | -4.97% | 2.25% | 6.57% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -1.69% | -1.69% | 4.14% | 8.09% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -5.38% | -5.38% | 1.76% | 6.00% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -2.76% | -2.76% | 1.75% | 5.03% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 26.63% | 26.63% | -- | 10.80% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 26.73% | 26.73% | -- | 10.77% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 32.13% | 32.13% | -- | 11.61% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 25.89% | 25.89% | -- | 10.14% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 16.29% | 16.29% | -- | 8.29% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | -10.80% | -- | 3.53% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | -11.12% | -- | 3.45% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -13.03% | -- | 2.44% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -11.52% | -- | 2.92% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -6.02% | -- | 2.61% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 28.83% | 55.01% | 32.30% | 65.85% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 29.03% | 55.32% | 32.50% | 66.11% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 31.57% | 56.48% | 45.19% | 79.22% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 28.83% | 54.47% | 30.01% | 62.40% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 17.07% | 32.78% | 24.00% | 49.17% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 24.76% | 57.76% | 29.53% | 60.62% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 25.05% | 58.69% | 29.45% | 60.99% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 25.14% | 55.21% | 40.01% | 70.46% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 24.76% | 57.22% | 27.28% | 57.27% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 14.66% | 34.44% | 21.94% | 45.27% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 25.52% | 63.70% | 36.16% | 61.60% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 25.76% | 64.37% | 36.00% | 61.90% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 25.69% | 61.77% | 48.03% | 71.21% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 25.52% | 63.13% | 33.80% | 58.23% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.11% | 37.96% | 26.95% | 46.00% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | -5.06% | -5.06% | 7.25% | 28.74% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | -4.97% | -4.97% | 6.89% | 28.74% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -1.69% | -1.69% | 12.96% | 36.21% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -5.38% | -5.38% | 5.39% | 26.06% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -2.76% | -2.76% | 5.35% | 21.55% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| YTD | 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 26.63% | 26.63% | -- | 35.59% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | 26.73% | 26.73% | -- | 35.50% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 32.13% | 32.13% | -- | 38.56% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 25.89% | 25.89% | -- | 33.23% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 16.29% | 16.29% | -- | 26.69% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| 1 Yr | 3 Yr | Since Incept. | |
|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | -10.80% | -- | 7.08% |
| Market Price Returns are generally calculated using closing price and account for distributions from the Fund. | -11.12% | -- | 6.92% |
| S&P 500 Financials The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -13.03% | -- | 4.87% |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -11.52% | -- | 5.83% |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -6.02% | -- | 5.21% |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
Historical Prices as of 9/22/21
Top Industries as of 9/22/21 The Fund generally uses the Global Industry Classification Standard (“GICS”) to determine industry classification. GICS presents industry classification as a series of levels. Allocations shown are at the industry level. For purposes of measuring concentration, the Fund generally classifies companies at the “industry group” or “industry” level. See the Fund’s SAI for additional information. Data is provided by an external service provider and, in limited instances, the classifications may vary from the classifications assigned by Davis Advisors. Industry classification weightings are subject to change.
| Name | DFNL (%) | S&P 500 Financials (%) |
|---|---|---|
| Banks | 45.5% | 37.5% |
| Diversified Financials | 34.0% | 45.3% |
| Insurance | 20.5% | 17.2% |
Holdings as of 9/22/21
| Name | DFNL (%) | S&P 500 Financials (%) |
|---|---|---|
| Capital One Financial | 10.42% | 1.73% |
| U.S. Bancorp | 7.40% | 1.90% |
| Chubb | 6.17% | 1.89% |
| Berkshire Hathaway | 6.08% | 12.35% |
| Wells Fargo & Co. | 5.84% | 4.70% |
| Markel | 4.94% | 0.00% |
| PNC Financial Services Group | 4.82% | 1.94% |
| Bank of America | 4.68% | 7.23% |
| JPMorgan Chase & Co. | 4.52% | 11.33% |
| American Express | 4.24% | 2.62% |
| Name | Ticker | DFNL (%) | S&P 500 Financials (%) | Shares | Market Value ($) | CUSIP | SEDOL |
|---|---|---|---|---|---|---|---|
| Capital One Financial Corp. | COF | 10.42 | 1.73 | 138,865 | 22,165,631 | 14040H105 | 2654461 |
| U.S. Bancorp | USB | 7.40 | 1.90 | 271,705 | 15,737,154 | 902973304 | 2736035 |
| Chubb Ltd. | CB | 6.17 | 1.89 | 74,158 | 13,120,775 | H1467J104 | B3BQMF6 |
| Berkshire Hathaway Inc., Class B | BRK B | 6.08 | 12.35 | 47,167 | 12,927,060 | 084670702 | 2073390 |
| Wells Fargo & Co. | WFC | 5.84 | 4.70 | 264,074 | 12,432,604 | 949746101 | 2649100 |
| Markel Corp. | MKL | 4.94 | 0.00 | 8,629 | 10,509,691 | 570535104 | 2566436 |
| PNC Financial Services Group, Inc. | PNC | 4.82 | 1.94 | 54,612 | 10,249,034 | 693475105 | 2692665 |
| Bank of America Corp. | BAC | 4.68 | 7.23 | 248,045 | 9,956,526 | 060505104 | 2295677 |
| JPMorgan Chase & Co. | JPM | 4.52 | 11.33 | 61,630 | 9,608,733 | 46625H100 | 2190385 |
| American Express Co. | AXP | 4.24 | 2.62 | 53,814 | 9,013,307 | 025816109 | 2026082 |
| Julius Baer Group Ltd. | BAER SE | 4.14 | 0.00 | 135,725 | 8,797,208 | B4R2R50 | |
| Bank of New York Mellon Corp. | BK | 4.11 | 0.96 | 175,045 | 8,739,997 | 064058100 | B1Z77F6 |
| DBS Group Holdings Ltd. | DBS SP | 3.84 | 0.00 | 377,686 | 8,175,384 | 6175203 | |
| Loews Corp. | L | 3.70 | 0.26 | 150,427 | 7,877,862 | 540424108 | 2523022 |
| DNB Bank ASA | DNB NO | 3.54 | 0.00 | 347,745 | 7,526,583 | BNG7113 | |
| Charles Schwab Corp. | SCHW | 3.41 | 2.57 | 102,971 | 7,249,158 | 808513105 | 2779397 |
| Danske Bank A/S | DANSKE DC | 2.99 | 0.00 | 388,952 | 6,356,055 | 4588825 | |
| Alleghany Corporation | Y | 2.84 | 0.00 | 9,619 | 6,037,558 | 017175100 | 2016801 |
| Rocket Companies, Inc., Class A | RKT | 2.20 | 0.00 | 280,578 | 4,680,041 | 77311W101 | BMD6Y84 |
| Bank of N.T. Butterfield & Son Ltd. | NTB | 2.14 | 0.00 | 143,031 | 4,552,677 | G0772R208 | BD8FF02 |
| M&T Bank Corp. | MTB | 1.58 | 0.43 | 24,639 | 3,363,224 | 55261F104 | 2340168 |
| Ping An Insurance (Group) | 2318 HK | 1.18 | 0.00 | 372,000 | 2,512,803 | B01FLR7 | |
| State Street Corp. | STT | 1.01 | 0.69 | 25,862 | 2,150,425 | 857477103 | 2842040 |
| Everest Re Group, Ltd. | RE | 0.91 | 0.25 | 7,634 | 1,934,303 | G3223R108 | 2556868 |
| Truist Financial Corp. | TFC | 0.84 | 1.78 | 32,566 | 1,782,663 | 89832Q109 | BKP7287 |
| Greenlight Capital Re, Ltd., Class A | GLRE | 0.39 | 0.00 | 115,884 | 821,618 | G4095J109 | B1XRCZ3 |
| Metro Bank PLC | MTRO LN | 0.21 | 0.00 | 337,296 | 446,977 | BZ6STL6 | |
| Cash Component | 1.86 | 0.00 | 0 | 0 | |||
| Total | 100.00 | 52.63 |
Historical Premium/Discount Shares are generally bought and sold on an exchange at market prices and the price paid may be more (a “premium”) or less than NAV (a “discount”). For this reason an investor may pay more or less than NAV when they buy shares, and they may receive more or less than NAV when they sell shares. The premium/discount information provided represents past performance and cannot be used to predict future results. of Market Price Market price generally reflects the official closing price of the Fund. to NAV
| Calendar Year 2020 | First Quarter 2021 | Second Quarter 2021 | |
|---|---|---|---|
| Days traded at premium | 129 | 54 | 56 |
| Days traded at discount | 124 | 7 | 7 |
Fund Details as of 9/22/21
| Inception Date | 1/11/17 |
| Ticker | DFNL |
| Objective | Long-term growth of capital |
| Expense Ratio The Advisors has contractually agreed to waive fees and/or reimburse the Fund’s expenses to the extent necessary to cap total annual fund operating expenses at 0.65% until March 1, 2021. After that date, there is no assurance that Davis Selected Advisers, L.P. will continue to waive fees and/or reimburse expenses. The agreement cannot be terminated prior to that date, without the consent of the Board of Trustees. | 0.64% |
| Number of Holdings The number of holdings in the Fund excluding cash positions and derivatives such as futures and currency forwards. | 27 |
| Number of Holdings in Benchmark Index | 65 |
| Investment Manager | Davis Selected Advisers, L.P. |
| Total Net Assets($M) | 212.746 |
| Exchange | Cboe Global Markets, Inc. |
| CUSIP | 23908L108 |
| Custodian | State Street Bank and Trust Company |
| Benchmark Index | S&P 500 Financials |
| Shares Outstanding | 7,150,000 |
| Dividend Frequency | Annually |
| Options Available | N |
| Daily Volume The number of shares traded during a given period of time. It is simply the amount of shares that trade hands from sellers to buyers as a measure of activity. If a buyer of a stock purchases 100 shares from a seller, then the volume for that period increased by 100 shares based on that transaction. Volume shown is the volume that traded on the primary exchange as of the date indicated. | 6,112 |
| 30 Day Avg. Volume Average Daily Volume (ADV) on primary exchange may differ from ADV reported by other sources, which may publish an aggregated ADV from all exchanges on which the ETF trades. | 14,666 |
| 30 Day Median Bid-Ask Spread The Fund uses the national best bid and national best offer (NBBO), calculated every ten seconds during each trading day, in order to determine the median bid-ask spread. The median of the values calculated over the last 30 calendar days is expressed as a percentage and rounded to the nearest hundredth. | 0.21% |
| Premium/Discount Shares are generally bought and sold on an exchange at market prices and the price paid may be more (a “premium”) or less than NAV (a “discount”). For this reason an investor may pay more or less than NAV when they buy shares, and they may receive more or less than NAV when they sell shares. The premium/discount information provided represents past performance and cannot be used to predict future results. | 0.21 |
Portfolio Statistics as of 9/22/21
| Forward P/E Forward price to earnings (forward P/E) is a measure of the price-to-earnings (P/E) ratio using forecasted earnings for the P/E calculation. | 11.3 |
| Index Forward P/E | 13.3 |
| P/B Price/Book (P/B) Ratio is the weighted average of the P/B ratios of the stocks in a portfolio. The P/B ratio of a stock is calculated by dividing the current price of the stock by the company's per share book value. | 1.5 |
| Weighted Avg. Market Cap ($bn) Weighted Average Market Capitalization is the portfolio-weighted mean capitalizations of all equity securities. | 130.9 |
| Historical 5 Year EPS Growth This figure represents the annualized rate of net-income-per-share growth over the trailing five-year period for the stocks held by the Fund. | 10.3 |
| Index Historical 5 Year EPS Growth | 14.9 |
52 Week High/Low as of 9/22/21
| NAV | Market Price | |
|---|---|---|
| 52 Week High | 31.51 | 31.62 |
| 52 Week Low | 18.34 | 18.17 |
