Concisely outlines key attributes of the fund, including our consistent historical long-term performance, our below-average expenses and turnover, our experienced managers, and the recognition we have received for shareholder stewardship.

Past performance is not a guarantee of future results. There is no guarantee that Davis New York Venture Fund will continue to deliver consistent investment performance. Expenses and turnover will vary.

Class A shares, not including a sales charge. See document for important legal disclosure. Past performance is not a guarantee of future results.

The Davis New York Venture Fund has outperformed the S&P 500® Index over the long term.

Outlines the value that our patient, valuation-sensitive discipline has added over the benchmarks since our inception in 1969, as the Fund compounded to a value more than double that of the S&P500.

Class A shares, not including a sales charge. Returns are from 2/17/69 - 12/31/09. Past performance is not a guarantee of future results.

An interview with Davis New York Venture Fund Managers Christopher C. Davis and Kenneth Charles Feinberg.

Davis Advisors provides a brief statement about portfolio performance, company positions, and the stock market environment over the most recent quarter.

This resource provides insight into 1) why a bear market should make investors more optimistic about future returns, and 2) how Davis' disciplined focus on buying durable companies at the right price has produced a unique record of outperformance over our history, despite short periods of underperformance.

Equity markets are volatile and an investor may lose money. Past performance is not a guarantee of future results.

Fortune highlights an uncommon act of shareholder stewardship: Davis voluntarily reduces management fees

Portfolio Manager Christopher Davis discusses the current environment from the perspective of a third-generation investor; how bear markets offer an opportunity to buy superior companies at attractive prices; and the four areas that Davis is currently targeting for long-term investment.

When navigating volatile markets, it can be instructive to revisit the timeless principles that have guided some of history's most successful investors. This resource highlights wisdom from such legendary investors as Warren Buffett, Ben Graham, Peter Lynch, etc.

Morningstar issues "Stewardship Grades", measuring an investment manager's commitment to shareholders interests. Of the 1000 funds graded, only 89 funds or less than 10% of funds earned the highest overall Stewardship grade of "A". Of these 89 funds, five are Davis Funds.

Insights into the types of investor behavior that we believe foster the creation of long term wealth. Covers such important themes as: expecting and dealing with uncertainty, setting realistic equity return expectations, focusing on the "knowable and important", why emotions can prompt investors to "Buy High / Sell Low", why patience can provide a real investment advantage and more.

Davis has created these reports to help investors understand how the managers have directed the fund over the past year. The reports also include overviews of performance, portfolio holdings and transactions over the period, as well as an outline of the fund's financials. Among other important notes, it also includes information regarding the corporate governance of Davis Advisors.