Davis Government Bond Fund Net Asset
| RFBAX Fund | USD 5.11 0.01 0.20% |
Davis Government Bond fundamentals help investors to digest information that contributes to Davis Government's financial success or failures. It also enables traders to predict the movement of Davis Mutual Fund. The fundamental analysis module provides a way to measure Davis Government's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Davis Government mutual fund.
Davis |
Davis Government Bond Mutual Fund Net Asset Analysis
Davis Government's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Davis Government Net Asset | 18.76 M |
Most of Davis Government's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Davis Government Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Davis Government Bond has a Net Asset of 18.76 M. This is much higher than that of the Davis Funds family and significantly higher than that of the Short Government category. The net asset for all United States funds is notably lower than that of the firm.
Davis Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Davis Government's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Davis Government could also be used in its relative valuation, which is a method of valuing Davis Government by comparing valuation metrics of similar companies.Davis Government is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Davis Government
The fund consists of 89.65% investments in fixed income securities, with the rest of funds allocated in cash.Asset allocation divides Davis Government's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Davis Fundamentals
| Total Asset | 16.73 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 3.96 % | ||||
| One Year Return | 5.08 % | ||||
| Three Year Return | 0.82 % | ||||
| Five Year Return | 0.52 % | ||||
| Ten Year Return | 0.85 % | ||||
| Net Asset | 18.76 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Cash Position Weight | 10.35 % | ||||
| Bond Positions Weight | 89.65 % |
About Davis Government Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Davis Government Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Davis Government using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Davis Government Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Davis Mutual Fund
Davis Government financial ratios help investors to determine whether Davis Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Davis with respect to the benefits of owning Davis Government security.
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