Fund Overview

  • Seeks high-conviction, best-of-breed businesses outside the U.S.
  • 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.

Selective, Attractive Growth, Undervalued The Attractive Growth and Undervalued reference in this piece relates to underlying characteristics of the portfolio holdings. There is no guarantee that Fund performance will be positive as equity markets are volatile and an investor may lose money. as of 03/31/24

Selective Attractive Growth Undervalued

DINT invests in only a select group of well-researched companies

DINT portfolio companies have offered attractive growth

DINT portfolio companies are 35% less expensive than the index

Holdings The number of holdings in the Fund excluding cash positions and derivatives such as futures and currency forwards. EPS Growth (5 Year) 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. P/E (Forward) 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.
2231
27
DINT
MSCI ACWI ex US
15.8%
12.1%
DINT
MSCI ACWI ex US
9.0x
13.9x
DINT
MSCI ACWI ex US
DINT
MSCI ACWI ex US

  “The companies of Davis Select International ETF have grown more than the companies in the index, yet are 35% less expensive.

In fact, this gap between price and value is among the widest we have ever seen.

We believe this sets the stage for attractive returns in the years ahead.”

Danton Goei , Portfolio Manager

Returns

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 11.76% 21.36% -2.89% 5.91% 1.96%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 11.57% 21.49% -3.05% 5.82% 1.96%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 5.79% 16.74% 0.27% 6.80% 4.08%
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. 11.76% 21.05% -3.09% 5.66% 1.75%
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. 6.96% 13.12% -2.09% 4.69% 1.56%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 7.18% 10.19% -5.14% 2.52% 1.30%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 7.05% 9.89% -5.22% 2.45% 1.30%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 2.81% 9.33% 0.35% 5.03% 3.65%
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. 7.18% 9.91% -5.33% 2.27% 1.09%
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. 4.25% 6.49% -3.76% 2.02% 1.06%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 4.20% 6.90% -5.38% 2.98% 0.85%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 4.10% 6.87% -5.55% 2.94% 0.86%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 4.69% 13.26% 1.93% 5.96% 4.01%
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. 4.20% 6.63% -5.57% 2.73% 0.64%
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. 2.49% 4.54% -3.93% 2.39% 0.72%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 6.53% 6.53% -6.11% 5.65% 0.18%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 6.73% 6.73% -6.01% 5.70% 0.20%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 15.62% 15.62% 1.55% 7.08% 3.37%
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. 6.26% 6.26% -6.30% 5.40% -0.04%
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. 4.34% 4.34% -4.47% 4.52% 0.22%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. -8.55% -8.55% -1.42% -- -1.09%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. -8.56% -8.56% -1.51% -- -1.10%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. -16.00% -16.00% 0.07% -- 1.01%
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. -8.49% -8.49% -1.55% -- -1.30%
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. -4.87% -4.87% -0.98% -- -0.75%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. -15.04% -15.04% 10.56% -- 0.96%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. -14.92% -14.92% 10.56% -- 0.94%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 7.82% 7.82% 13.17% -- 5.98%
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. -15.41% -15.41% 10.19% -- 0.67%
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. -8.54% -8.54% 8.28% -- 0.77%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 11.76% 21.36% -8.43% 33.33% 12.92%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 11.57% 21.49% -8.89% 32.74% 12.89%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 5.79% 16.74% 0.82% 39.01% 28.41%
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. 11.76% 21.05% -8.99% 31.75% 11.49%
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. 6.96% 13.12% -6.15% 25.80% 10.18%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 7.18% 10.19% -14.65% 13.24% 8.29%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 7.05% 9.89% -14.87% 12.86% 8.31%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 2.81% 9.33% 1.04% 27.84% 24.78%
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. 7.18% 9.91% -15.17% 11.90% 6.93%
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. 4.25% 6.49% -10.88% 10.50% 6.71%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 4.20% 6.90% -15.29% 15.81% 5.28%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 4.10% 6.87% -15.75% 15.61% 5.33%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 4.69% 13.26% 5.92% 33.61% 27.06%
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. 4.20% 6.63% -15.81% 14.44% 3.95%
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. 2.49% 4.54% -11.36% 12.52% 4.46%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. 6.53% 6.53% -17.24% 31.68% 1.04%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. 6.73% 6.73% -16.97% 31.93% 1.18%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 15.62% 15.62% 4.71% 40.79% 21.38%
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. 6.26% 6.26% -17.75% 30.12% -0.24%
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. 4.34% 4.34% -12.82% 24.76% 1.27%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. -8.55% -8.55% -4.20% -- -5.15%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. -8.56% -8.56% -4.48% -- -5.20%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. -16.00% -16.00% 0.22% -- 4.98%
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. -8.49% -8.49% -4.59% -- -6.11%
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. -4.87% -4.87% -2.91% -- -3.55%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

  YTD 1 Yr 3 Yr 5 Yr Since Incept.
Total Return Represents changes to the NAV and accounts for distributions from the Fund. -15.04% -15.04% 35.17% -- 3.72%
Market Price Returns are generally calculated using closing price and account for distributions from the Fund. -14.92% -14.92% 35.18% -- 3.67%
MSCI ACWI ex US The MSCI ACWI® (All Country World Index) ex U.S. is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. The Index includes reinvestment of dividends, net of foreign withholding taxes. Investments cannot be made directly in an index. 7.82% 7.82% 44.97% -- 24.98%
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. -15.41% -15.41% 33.82% -- 2.60%
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. -8.54% -8.54% 27.00% -- 2.99%

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 3/1/18 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.

Historical Prices as of 6/12/24

Regions as of 6/11/24

DINT (%) MSCI ACWI ex US (%)
Developed Ex US 54.6% 72.6%
Emerging Markets 45.4% 27.3%

Top Countries as of 6/11/24

Name DINT (%)
China 24.6%
Korea, Republic of (South Korea) 13.1%
Singapore 8.4%
Denmark 7.6%
Canada 6.1%
Netherlands 5.5%
South Africa 5.2%
Japan 5.1%
Hong Kong 4.9%
Switzerland 4.6%
France 4.3%
Germany 2.8%
Norway 2.8%
Bermuda 2.4%
United States 2.1%
United Kingdom 0.4%

Top Sectors as of 6/11/24 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 sector 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.

DINT (%) MSCI ACWI ex US (%)
Financials 35.4% 21.5%
Consumer Discretionary 32.7% 11.4%
Industrials 9.9% 13.9%
Information Technology 7.4% 13.4%
Materials 5.1% 7.2%
Communication Services 4.7% 5.3%
Real Estate 3.8% 1.8%
Energy 1.0% 5.5%

Holdings as of 6/11/24

Name DINT (%) MSCI ACWI ex US (%) Country
Danske Bank 7.33% 0.08% Denmark
Meituan 6.94% 0.29% China
DBS Group Holdings 5.81% 0.20% Singapore
Ping An Insurance Group 5.30% 0.12% China
Prosus 5.27% 0.20% Netherlands
Naspers 5.05% 0.14% South Africa
Samsung Electronics 4.93% 1.14% Korea, Republic of (South Korea)
Teck Resources 4.92% 0.08% Canada
AIA Group 4.72% 0.32% Hong Kong
Julius Baer Group 4.46% 0.05% Switzerland
Name Ticker DINT (%) MSCI ACWI ex US (%) Shares Market Value ($) Country CUSIP SEDOL
Danske Bank A/S DANSKE DC 7.33 0.08 433,689 12,897,002 Denmark 4588825
Meituan, Class B 3690 HK 6.94 0.29 827,680 12,214,529 China BGJW376
DBS Group Holdings Ltd. DBS SP 5.81 0.20 389,389 10,231,174 Singapore 6175203
Ping An Insurance (Group) 2318 HK 5.30 0.12 1,944,836 9,322,229 China B01FLR7
Prosus N.V., Class N PRX NA 5.27 0.20 255,115 9,267,323 Netherlands BJDS7L3
Naspers Ltd. - N NPN SJ 5.05 0.14 43,258 8,890,469 South Africa BN0VX82
Samsung Electronics Co., Ltd. 005930 KS 4.93 1.00 158,863 8,666,302 Korea, Republic of (South Korea) 6771720
Teck Resources Ltd., Class B TECK 4.92 0.08 179,434 8,652,307 Canada 878742204 2124533
AIA Group Ltd. 1299 HK 4.72 0.32 1,135,090 8,310,196 Hong Kong B4TX8S1
Julius Baer Group Ltd. BAER SE 4.46 0.05 137,488 7,851,206 Switzerland B4R2R50
Schneider Electric SE SU FP 4.18 0.51 30,343 7,360,771 France 4834108
Fila Holdings Corp. 081660 KS 4.00 0.00 247,909 7,040,724 Korea, Republic of (South Korea) B66CTX7
Coupang, Inc., Class A CPNG 3.74 0.00 297,786 6,587,026 Korea, Republic of (South Korea) 22266T109 BNYHDF3
KE Holdings Inc., Class A, ADR BEKE 3.70 0.04 415,716 6,514,270 China 482497104 BMBX7M2
ITOCHU Corp. 8001 JP 3.34 0.21 125,600 5,872,395 Japan 6467803
Delivery Hero SE DHER GR 2.71 0.02 158,289 4,765,611 Germany BZCNB42
DNB Bank ASA DNB NO 2.69 0.06 250,101 4,739,233 Norway BNG7113
JD.com, Inc., Class A, ADR JD 2.46 0.00 147,233 4,330,123 China 47215P106 BMM27D9
Bank of N.T. Butterfield & Son Ltd. NTB 2.32 0.00 123,002 4,077,516 Bermuda G0772R208 BD8FF02
Baidu, Inc., Class A, ADR BIDU 2.28 0.00 42,674 4,009,009 China 056752108 B0FXT17
Sea Ltd., Class A, ADR SE 2.27 0.10 54,420 3,988,986 Singapore 81141R100 BYWD7L4
Ferguson plc FERG LN 2.02 0.00 17,822 3,553,646 United States BJVNSS4
Tokyo Electron Ltd. 8035 JP 1.58 0.41 12,250 2,773,261 Japan 6895675
Alibaba Group Holding Ltd., ADR BABA 1.31 0.00 29,614 2,306,931 China 01609W102 BP41ZD1
Noah Holdings Ltd., Class A, ADS NOAH 1.09 0.00 184,539 1,919,206 China 65487X102 B5MDP39
Tourmaline Oil Corp. TOU CN 0.99 0.06 35,760 1,747,897 Canada B3QJ0H8
Hollysys Automation Technologies Ltd. HOLI 0.60 0.00 46,533 1,055,834 China G45667105 B0JCH50
Metro Bank Holdings PLC MTRO LN 0.38 0.00 1,426,437 661,542 United Kingdom BMX3W47
Cash Component 3.61 0.00 0 0
Total   100.00 3.89          

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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 2023 First Quarter 2024
Days traded at premium 164 42
Days traded at discount 86 19

Fund Details as of 6/11/24

Inception Date 3/1/18
Ticker DINT
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 0.75% until March 1, 2025. 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. 0.66%
Number of Holdings The number of holdings in the Fund excluding cash positions and derivatives such as futures and currency forwards. 28
Number of Holdings in Benchmark Index 2,158
Investment Manager Davis Selected Advisers,L.P.
Total Net Assets ($M) 175.949
Exchange Cboe Global Markets, Inc.
CUSIP 23908L405
Custodian State Street Bank and Trust Company
Benchmark Index MSCI ACWI ex US
Shares Outstanding 8,600,000
Dividend Frequency Annually
Options Available N
Daily Volume 3,823
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. 8,310
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. 0.49%
Premium/Discount -0.19%
Active Share (as of 5/31/24) Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differ from the benchmark index. 95%

52 Week High/Low as of 6/11/24

NAV Market Price
52 Week High 21.91 22.00
52 Week Low 16.83 16.75