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Selected American Shares D (SLADX)

42.82 +0.05 (+0.12%)
At close: 8:06 AM EDT

Fund Summary

The fund invests at least 80% of its net assets, plus any borrowing for investment purposes, in securities issued by American companies. It invests principally in common stocks (including indirect holdings of common stock through depositary receipts) issued by large companies with market capitalizations of at least $10 billion.

Selected American Shares D

Tucson AZ 85706
2949 E. Elvira Road Suite 101

Fund Overview

Category Large Blend
Fund Family Selected Funds
Net Assets 1.86B
YTD Return 13.18%
Yield 0.96%
Morningstar Rating
Inception Date May 03, 2004

Fund Operations

Last Dividend 0.44
Last Cap Gain 46.00
Holdings Turnover 9.00%
Average for Category --

Fees & Expenses

Expense SLADX Category Average
Annual Report Expense Ratio (net) 0.67% 0.84%
Prospectus Net Expense Ratio 0.67% --
Prospectus Gross Expense Ratio 0.67% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.18%
Max Deferred Sales Load -- 1.28%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Danton Goei is Vice President, Davis Selected Advisers-NY, Inc, and has served as a Portfolio Manager of Clipper Fund since January 2014 and also manages other equity funds advised by Davis Advisors. Mr. Goei started with Davis Advisors as a research analyst in 1998. Mr. Goei received his B.A. from Georgetown University and his M.B.A. from The Wharton School. He was previously employed at Bain & Company, Morgan Stanley Asia Ltd. and Citicorp. Mr. Goei speaks multiple languages and has lived in Europe and Asia, and currently resides in New York City.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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