Past performance is not an indication of future performance. The principal value of a fund may fluctuate and an investor's shares, when redeemed, may be worth more or less than their original cost. All total return figures include reinvestment of dividends and capital gains distributions. Total returns for periods of less than one full year for class of shares are cumulative total returns, which are not annualized.  As of the most recent prospectus, the expense ratios for the Davis Value Portfolio, Davis Real Estate Portfolio, and Davis Financial Portfolio were 0.81%, 0.88%, and 0.85% respectively.

For more complete information about any fund, please request a prospectus (containing details on sales charges and expenses) from your broker, or call us at 1-800-279-0279. Please read it carefully before investing. You may also download any Davis Fund prospectus directly from this website.  Davis Distributors, LLC, is the distributor of the Davis Funds.