Fees and Expenses - Davis Series |
Dec. 31, 2025
USD ($)
|
|||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Davis Financial Fund | ||||||||||||||||||||||||||||||||||||||||||||||
| Prospectus [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||
| Expense Heading [Optional Text] | Fees and Expenses of the Fund | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Narrative [Text Block] | This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. More information about these and other discounts is available from your financial intermediary and in “How to Choose a Share Class” on page 45 of the Fund’s prospectus and “Selecting the Appropriate Class of Shares” on page 35 of the Fund’s statement of additional information. In addition, descriptions of the sales load waivers and/or discounts for Class A shares with respect to certain financial intermediaries are reproduced in “Appendix A: Intermediary-Specific Sales Charge Waivers and Discounts” to the prospectus based on information provided by the financial intermediary.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint Discounts [Text] | You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint, Minimum Investment Required [Amount] | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||||
| Shareholder Fees [Table] |
*
Only applies if you buy shares valued at $1 million or more without a sales charge and sell the shares within one year of purchase. †
Only applies in the first year after purchase. |
|||||||||||||||||||||||||||||||||||||||||||||
| Annual Fund Operating Expenses [Table] |
*
The Adviser (as defined below) is contractually committed to waive fees and/or reimburse the Fund’s expenses to the extent necessary to cap total annual fund operating expenses (Class A shares, 1.00%; Class C shares, 1.75%; Class Y shares, 0.75%). For purposes of these expense caps, operating expenses do not include foreign tax reclaim filing expenses. The Adviser is obligated to continue the expense cap through May 1, 2027. The expense cap cannot be terminated prior to this date without the consent of the Board of Directors. After that date, there is no assurance that the Adviser will continue to cap expenses. The Adviser may not recoup any of the operating expenses it has reimbursed to the Fund. |
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example [Heading] | Example. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Example Narrative [Text Block] | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, With Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, No Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Heading] | Portfolio Turnover | |||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Text Block] | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 10% of the average value of its portfolio.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover, Rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||
| Davis Opportunity Fund | ||||||||||||||||||||||||||||||||||||||||||||||
| Prospectus [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||
| Expense Heading [Optional Text] | Fees and Expenses of the Fund | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Narrative [Text Block] | This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. More information about these and other discounts is available from your financial intermediary and in “How to Choose a Share Class” on page 45 of the Fund’s prospectus and “Selecting the Appropriate Class of Shares” on page 35 of the Fund’s statement of additional information. In addition, descriptions of the sales load waivers and/or discounts for Class A shares with respect to certain financial intermediaries are reproduced in “Appendix A: Intermediary-Specific Sales Charge Waivers and Discounts” to the prospectus based on information provided by the financial intermediary.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint Discounts [Text] | You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint, Minimum Investment Required [Amount] | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||||
| Shareholder Fees [Table] |
*
Only applies if you buy shares valued at $1 million or more without a sales charge and sell the shares within one year of purchase. †
Only applies in the first year after purchase. |
|||||||||||||||||||||||||||||||||||||||||||||
| Annual Fund Operating Expenses [Table] |
*
The Adviser (as defined below) is contractually committed to waive fees and/or reimburse the Fund’s expenses to the extent necessary to cap total annual fund operating expenses (Class A shares, 1.00%; Class C shares, 1.75%; Class Y shares, 0.75%). For purposes of these expense caps, operating expenses do not include foreign tax reclaim filing expenses. The Adviser is obligated to continue the expense cap through May 1, 2027. The expense cap cannot be terminated prior to this date without the consent of the Board of Directors. After that date, there is no assurance that the Adviser will continue to cap expenses. The Adviser may not recoup any of the operating expenses it has reimbursed to the Fund. |
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example [Heading] | Example. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Example Narrative [Text Block] | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, With Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, No Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Heading] | Portfolio Turnover | |||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Text Block] | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 18% of the average value of its portfolio.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover, Rate | 18.00% | |||||||||||||||||||||||||||||||||||||||||||||
| Davis Real Estate Fund | ||||||||||||||||||||||||||||||||||||||||||||||
| Prospectus [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||
| Expense Heading [Optional Text] | Fees and Expenses of the Fund | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Narrative [Text Block] | This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. More information about these and other discounts is available from your financial intermediary and in “How to Choose a Share Class” on page 45 of the Fund’s prospectus and “Selecting the Appropriate Class of Shares” on page 35 of the Fund’s statement of additional information. In addition, descriptions of the sales load waivers and/or discounts for Class A shares with respect to certain financial intermediaries are reproduced in “Appendix A: Intermediary-Specific Sales Charge Waivers and Discounts” to the prospectus based on information provided by the financial intermediary.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint Discounts [Text] | You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint, Minimum Investment Required [Amount] | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||||
| Shareholder Fees [Table] |
*
Only applies if you buy shares valued at $1 million or more without a sales charge and sell the shares within one year of purchase. †
Only applies in the first year after purchase. |
|||||||||||||||||||||||||||||||||||||||||||||
| Annual Fund Operating Expenses [Table] |
*
The Adviser (as defined below) is contractually committed to waive fees and/or reimburse the Fund’s expenses to the extent necessary to cap total annual fund operating expenses (Class A shares, 1.00%; Class C shares, 1.75%; Class Y shares, 0.75%). For purposes of these expense caps, operating expenses do not include foreign tax reclaim filing expenses. The Adviser is obligated to continue the expense cap through May 1, 2027. The expense cap cannot be terminated prior to this date without the consent of the Board of Directors. After that date, there is no assurance that the Adviser will continue to cap expenses. The Adviser may not recoup any of the operating expenses it has reimbursed to the Fund. |
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example [Heading] | Example. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Example Narrative [Text Block] | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, With Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, No Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Heading] | Portfolio Turnover | |||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Text Block] | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 17% of the average value of its portfolio.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover, Rate | 17.00% | |||||||||||||||||||||||||||||||||||||||||||||
| Davis Balanced Fund | ||||||||||||||||||||||||||||||||||||||||||||||
| Prospectus [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||
| Expense Heading [Optional Text] | Fees and Expenses of the Fund | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Narrative [Text Block] | This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. More information about these and other discounts is available from your financial intermediary and in “How to Choose a Share Class” on page 45 of the Fund’s prospectus and “Selecting the Appropriate Class of Shares” on page 35 of the Fund’s statement of additional information. In addition, descriptions of the sales load waivers and/or discounts for Class A shares with respect to certain financial intermediaries are reproduced in “Appendix A: Intermediary-Specific Sales Charge Waivers and Discounts” to the prospectus based on information provided by the financial intermediary.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint Discounts [Text] | You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint, Minimum Investment Required [Amount] | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||||
| Shareholder Fees [Table] |
*
Only applies if you buy shares valued at $1 million or more without a sales charge and sell the shares within one year of purchase. †
Only applies in the first year after purchase. |
|||||||||||||||||||||||||||||||||||||||||||||
| Annual Fund Operating Expenses [Table] |
*
The Adviser (as defined below) is contractually committed to waive fees and/or reimburse the Fund’s expenses to the extent necessary to cap total annual fund operating expenses (Class A shares, 1.00%; Class C shares, 1.75%; Class Y shares, 0.75%). For purposes of these expense caps, operating expenses do not include foreign tax reclaim filing expenses. The Adviser is obligated to continue the expense cap through May 1, 2027. The expense cap cannot be terminated prior to this date without the consent of the Board of Directors. After that date, there is no assurance that the Adviser will continue to cap expenses. The Adviser may not recoup any of the operating expenses it has reimbursed to the Fund. |
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example [Heading] | Example. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Example Narrative [Text Block] | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, With Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, No Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Heading] | Portfolio Turnover | |||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Text Block] | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 12% of the average value of its portfolio.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover, Rate | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||
| Davis Government Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||
| Prospectus [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||
| Expense Heading [Optional Text] | Fees and Expenses of the Fund | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Narrative [Text Block] | This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. More information about these and other discounts is available from your financial intermediary and in “How to Choose a Share Class” on page 45 of the Fund’s prospectus and “Selecting the Appropriate Class of Shares” on page 35 of the Fund’s statement of additional information. In addition, descriptions of the sales load waivers and/or discounts for Class A shares with respect to certain financial intermediaries are reproduced in “Appendix A: Intermediary-Specific Sales Charge Waivers and Discounts” to the prospectus based on information provided by the financial intermediary.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint Discounts [Text] | You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Breakpoint, Minimum Investment Required [Amount] | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||||
| Shareholder Fees [Table] |
*
Only applies if you buy shares valued at $1 million or more without a sales charge and sell the shares within one year of purchase. †
Only applies in the first year after purchase. |
|||||||||||||||||||||||||||||||||||||||||||||
| Annual Fund Operating Expenses [Table] |
*
The Adviser (as defined below) is contractually committed to waive fees and/or reimburse the Fund’s expenses to the extent necessary to cap total annual fund operating expenses (Class A shares, 1.00%; Class C shares, 1.75%; Class Y shares, 0.75%). For purposes of these expense caps, operating expenses do not include foreign tax reclaim filing expenses. The Adviser is obligated to continue the expense cap through May 1, 2027. The expense cap cannot be terminated prior to this date without the consent of the Board of Directors. After that date, there is no assurance that the Adviser will continue to cap expenses. The Adviser may not recoup any of the operating expenses it has reimbursed to the Fund. |
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example [Heading] | Example. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Example Narrative [Text Block] | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, With Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, No Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Heading] | Portfolio Turnover | |||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover [Text Block] | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 10% of the average value of its portfolio.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Portfolio Turnover, Rate | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||
| Davis Government Money Market Fund | ||||||||||||||||||||||||||||||||||||||||||||||
| Prospectus [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||
| Expense Heading [Optional Text] | Fees and Expenses of the Fund | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Narrative [Text Block] | This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund.
|
|||||||||||||||||||||||||||||||||||||||||||||
| Shareholder Fees [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||
| Annual Fund Operating Expenses [Table] |
*
Davis Selected Advisers, L.P. has contractually agreed to waive fees and/or reimburse the Fund’s expenses such that net investment income will not be less than zero until May 1, 2027. After that date, there is no assurance that Davis Selected Advisers, L.P. will continue to waive fees and/or reimburse expenses. The Adviser may recapture from the assets of the Fund any of the operating expenses it has reimbursed (but not any of the management fees which it has waived) until the end of the third calendar year after the end of the calendar year in which such reimbursement occurs, subject to certain limitations. This recapture could negatively affect the Fund’s future yield. The agreement cannot be terminated prior to that date, without the consent of the Board of Directors. |
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example [Heading] | Example. | |||||||||||||||||||||||||||||||||||||||||||||
| Expense Example Narrative [Text Block] | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
|
|||||||||||||||||||||||||||||||||||||||||||||
| Expense Example, With Redemption [Table] |
|
|||||||||||||||||||||||||||||||||||||||||||||