DGVYX

About DGVYX

Davis Government Bond Fund Class Y is an open-end mutual fund focused on high-quality U.S. government fixed income. The fund’s primary objective is to provide current income with low volatility and capital preservation by investing exclusively in U.S. government securities and repurchase agreements collateralized by U.S. government obligations, while maintaining a short average maturity, generally under three years. It sits in the short government category and is commonly compared to the Bloomberg U.S. Government 1–3 Year Index, reflecting its emphasis on short-duration Treasury and agency exposure. Class Y shares carry a net expense ratio of 0.75%, with a large minimum investment, positioning the share class for institutional or platform-based investors. The portfolio is predominantly domestic bonds with a modest cash allocation, aligning with its liquidity and stability goals. The strategy’s role in the market is to offer a conservative, income-oriented option that can help dampen interest rate sensitivity relative to intermediate and long-duration bond funds, while delivering steady monthly distributions typical of short-term government strategies.