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.

Past performance is not a guarantee of future results. All equity investments involve risk. No investor is guaranteed a profit.

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.

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.

Portfolio Managers Chris Davis and Ken Feinberg discuss their application of the Davis Investment Discipline though specific company examples.

Illustrates how the "slow and steady" Davis investment discipline does not have to outperform every benchmark in every year to end up outperforming the benchmarks over the long term.

Details what distinguishes Davis Advisors and the fund, and why these attributes should be important to investors interested in pursuing long-term wealth.

Recently, Morningstar began issuing "Stewardship Grades", measuring an investment manager's commitment to shareholders interests. Of the 1052 funds graded, only 65 funds or less than 10% of funds earned the highest overall Stewardship grade of "A". Of these 65 funds, five are Davis Funds.

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.