Key stats
About Davis Select U.S. Equity ETF
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Inception date
Jan 11, 2017
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Davis Selected Advisers LP
Distributor
Foreside Fund Services LLC
DUSA s active management takes a bottom-up approach to the US large-cap equity market, emphasizing individual security selection and focusing particularly on the quality of a companys management, business model and competitive advantages. The fund manager aims to purchase securities at a discount to intrinsic value, ideally holding these positions for at least five years. While DUSA is primarily focused on US large-caps, the fund may access the entire market-cap spectrum at the managers discretion. The portfolio typically consists of 15 to 35 companies. The fund is non-diversified, allowing concentration on fewer names. Up to 20% of assets may be invested in non-US companies. Positions are sold if they exceed estimated intrinsic value or to pursue perceived better opportunities.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Retail Trade
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.