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Trending ETFs

Davidson Multi-Cap Equity Fund

mutual fund
DFMIX
Payout Change
Pending
Price as of:
$35.23 +0.14 +0.4%
primary theme
U.S. Large-Cap Blend Equity
share class
I (DFMIX) A (DFMAX)
DFMIX (Mutual Fund)

Davidson Multi-Cap Equity Fund

Payout Change
Pending
Price as of:
$35.23 +0.14 +0.4%
primary theme
U.S. Large-Cap Blend Equity
share class
I (DFMIX) A (DFMAX)
DFMIX (Mutual Fund)

Davidson Multi-Cap Equity Fund

Payout Change
Pending
Price as of:
$35.23 +0.14 +0.4%
primary theme
U.S. Large-Cap Blend Equity
share class
I (DFMIX) A (DFMAX)

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Davidson Multi-Cap Equity Fund

DFMIX | Fund

$35.23

$125 M

0.45%

$0.16

1.03%

Vitals

YTD Return

21.5%

1 yr return

23.1%

3 Yr Avg Return

8.2%

5 Yr Avg Return

15.0%

Net Assets

$125 M

Holdings in Top 10

32.4%

52 WEEK LOW AND HIGH

$35.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.03%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 25.04%

Redemption Fee 1.00%

Min Investment

Standard (Taxable)

$100,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Davidson Multi-Cap Equity Fund

DFMIX | Fund

$35.23

$125 M

0.45%

$0.16

1.03%

DFMIX - Profile

Distributions

  • YTD Total Return 21.5%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 15.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.69%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Davidson Multi-Cap Equity Fund
  • Fund Family Name
    Davidson Mutual Funds
  • Inception Date
    Oct 30, 2013
  • Shares Outstanding
    1684904
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brian Clancy

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities across a wide range of market capitalizations and investment styles with attractive fundamental characteristics. The equity securities in which the Fund may invest includes common stock, preferred stock, convertibles, warrants, American Depositary Receipts (“ADRs”) and real estate investment trusts (“REITs”). The Fund looks for companies with reasonable valuations, prudent debt levels, cash flow generation, attractive growth characteristics and solid balance sheets. The Fund invests its assets in both value and growth stocks, as well as dividend-paying and non-dividend-paying stocks. The Fund seeks to achieve its investment objective primarily through stock selection, with less emphasis on sector weightings. As a result, the Fund expects to only occasionally make modest sector changes, preferring to differentiate performance by relative movement in individual stocks rather than in sectors or industries.
The Fund may seek to enhance returns through investments in foreign securities (which may include ADRs, dollar-denominated foreign securities, or direct investment in foreign securities, including those in emerging markets), and other investment companies (including exchange-traded funds (“ETFs”)). The Fund may invest up to 25% of its net assets in foreign securities including in emerging markets, and the Fund may invest up to 20% of its net assets in other investment companies. From time to time, the Fund may invest, to a significant extent, in securities of companies in the same economic sector. As of June 30, 2024, 26% of the Fund’s total investments were invested in the Information Technology sector.
The Advisor may sell a position if the fundamentals have deteriorated, catalysts fail to develop, or a stock exceeds fair valuation. The Advisor may also sell a position if a better alternative becomes available.
At the discretion of the Advisor, the Fund may invest its assets in cash, cash equivalents, and high-quality, short-term debt securities and money market instruments for temporary defensive purposes in response to adverse market, economic, political or other conditions.
Read More

DFMIX - Performance

Return Ranking - Trailing

Period DFMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.5% -26.8% 47.4% 68.87%
1 Yr 23.1% -1.7% 52.6% 70.28%
3 Yr 8.2%* -11.6% 20.4% 62.46%
5 Yr 15.0%* -2.9% 110.3% 34.60%
10 Yr 12.0%* 1.0% 53.2% 52.04%

* Annualized

Return Ranking - Calendar

Period DFMIX Return Category Return Low Category Return High Rank in Category (%)
2023 14.9% -42.6% 47.4% 66.56%
2022 -21.9% -56.3% -4.2% 58.42%
2021 18.1% -27.2% 537.8% 46.57%
2020 8.7% -22.5% 2181.7% 69.07%
2019 18.1% -13.5% 40.4% 77.49%

Total Return Ranking - Trailing

Period DFMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.5% -26.8% 47.4% 68.87%
1 Yr 23.1% -1.7% 52.6% 70.28%
3 Yr 8.2%* -11.6% 20.4% 62.46%
5 Yr 15.0%* -2.9% 110.3% 34.60%
10 Yr 12.0%* 1.0% 53.2% 52.04%

* Annualized

Total Return Ranking - Calendar

Period DFMIX Return Category Return Low Category Return High Rank in Category (%)
2023 17.8% -5.0% 47.4% 78.31%
2022 -13.0% -36.8% -2.2% 17.17%
2021 29.1% 3.0% 537.8% 17.70%
2020 22.3% -15.8% 2266.0% 10.37%
2019 27.2% -0.4% 241.3% 76.01%

NAV & Total Return History

DFMIX - Holdings

Concentration Analysis

DFMIX Category Low Category High DFMIX % Rank
Net Assets 125 M 2.34 M 1.55 T 86.47%
Number of Holdings 50 2 3963 79.79%
Net Assets in Top 10 45.9 M 880 K 525 B 87.05%
Weighting of Top 10 32.38% 0.3% 111.6% 70.75%

Top 10 Holdings

  1. Microsoft Corp 4.61%
  2. Alphabet Inc 4.47%
  3. Apple Inc 4.41%
  4. Amazon.com Inc 4.28%
  5. Walmart Inc 2.82%
  6. Fortinet Inc 2.42%
  7. RTX Corp 2.40%
  8. Netflix Inc 2.35%
  9. Arista Networks Inc 2.34%
  10. Citigroup Inc 2.26%

Asset Allocation

Weighting Return Low Return High DFMIX % Rank
Stocks 		99.02% 0.00% 105.79% 46.29%
Cash 		1.12% 0.00% 99.07% 47.28%
Preferred Stocks 		0.00% 0.00% 2.03% 43.40%
Other 		0.00% -13.91% 100.00% 60.73%
Convertible Bonds 		0.00% 0.00% 5.54% 40.40%
Bonds 		0.00% 0.00% 93.85% 44.47%

Stock Sector Breakdown

Weighting Return Low Return High DFMIX % Rank
Technology 		23.34% 0.00% 48.94% 59.08%
Healthcare 		14.09% 0.00% 52.29% 63.19%
Financial Services 		12.53% 0.00% 55.59% 76.22%
Industrials 		10.42% 0.00% 29.90% 32.52%
Consumer Cyclical 		9.77% 0.00% 30.33% 63.03%
Communication Services 		9.12% 0.00% 27.94% 31.68%
Consumer Defense 		5.87% 0.00% 47.71% 75.55%
Utilities 		3.87% 0.00% 20.91% 12.44%
Energy 		3.82% 0.00% 41.64% 60.08%
Basic Materials 		3.75% 0.00% 25.70% 23.45%
Real Estate 		3.44% 0.00% 31.91% 25.38%

Stock Geographic Breakdown

Weighting Return Low Return High DFMIX % Rank
US 		99.02% 0.00% 105.79% 38.04%
Non US 		0.00% 0.00% 63.83% 51.40%

DFMIX - Expenses

Operational Fees

DFMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.01% 19.75% 32.81%
Management Fee 0.65% 0.00% 1.90% 72.97%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

DFMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DFMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.25% 2.00% 71.79%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DFMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.04% 0.00% 268.00% 54.16%

DFMIX - Distributions

Dividend Yield Analysis

DFMIX Category Low Category High DFMIX % Rank
Dividend Yield 0.45% 0.00% 25.47% 36.56%

Dividend Distribution Analysis

DFMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

DFMIX Category Low Category High DFMIX % Rank
Net Income Ratio 0.69% -54.00% 2.44% 50.17%

Capital Gain Distribution Analysis

DFMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

DFMIX - Fund Manager Analysis

Managers

Brian Clancy

Start Date

Tenure

Tenure Rank

Aug 11, 2008

13.81

13.8%

Brian is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Brian has twenty-one years of investment experience; prior to joining Davidson Investment Advisors, Brian served as co-portfolio manager of SAFECO Asset Management’s Multi-Cap Core fund. Additionally, Brian served as a portfolio manager for the SAFECO Trust Company in Seattle. Beyond portfolio management duties, Brian operated as an equity analyst covering the semiconductor, semiconductor capital equipment, communications technology, office equipment, beverage, and waste management industries. Brian is a member of the CFA Society of Seattle, and serves on the Board of Directors for D.A. Davidson & Co. Brian earned a BS in mathematics from the United States Naval Academy and earned an MBA from the University of Washington.

Paul Condrat

Start Date

Tenure

Tenure Rank

Jun 30, 2011

10.93

10.9%

Paul is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Paul has fourteen years of investment experience, having previously served as a Senior Research Analyst supporting all of Davidson’s equity strategies. Prior to joining the firm, Paul worked with Bainbridge Capital in San Diego as a Business Analyst. He serves on the Board of Directors, as well as the Finance Committee, for InvestED, a public non-profit organization serving secondary school students. Paul is a member of the CFA Society of Seattle. Paul earned a BBA in Finance and Marketing from Gonzaga University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.27 2.42

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