Davis New York Venture and Selected American’s aggressive strategy is subject to extremes, but its managers’ talent for evaluating businesses warrants a Morningstar Analyst Rating of Bronze for the open-end funds’ cheapest shares while its pricier ones are rated Neutral.
Will NYVBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NYVBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NYVBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of NYVBX’s parent organization’s priorities and whether they’re in line with investors’ interests.