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DREBX
AS OF
Sep 27 closing price
Price
$48.82
Change
-$0.54 (-1.09%)
Net Assets
226.7M
Intraday BUY SELL Signals
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Homebuilder sentiment holds steady
Homebuilder sentiment holds steady
The nation’s homebuilders are feeling generally positive about the market. A monthly sentiment measure held steady at 62 from February to March, according to the National Association of Home Builders/Wells Fargo Housing Market Index. The index stood at 70 in March 2018.
“Builders report the market is stabilizing following the slowdown at the end of 2018, and they anticipate a solid spring home buying season,” said NAHB Chairman Greg Ugalde, a homebuilder and developer from Torrington, Connecticut.
Related Ticker: DREBX
Industry description
The fund's investment adviser uses the Davis Investment Discipline to invest at least 80% of the fund's net assets, plus any borrowing for investment purposes, in securities issued by companies principally engaged in the real estate industry. The fund invests principally in common stocks of domestic companies and may invest in foreign companies (including indirect holdings of a foreign issuer's common stock through depositary receipts).
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A.I.Advisor
published price charts
These past five trading days, the mutual fund lost 0.00%.
A.I. Advisor
published General Information
General Information
Category RealEstate
Profile
Fundamentals
Details
Category
Real Estate
Address
Davis Series Inc
2949 E. Elvira Road, Suite 101
Tucson AZ 85756
USA
Tucson, AZ 85756
Phone
N/A
Web
www.davisfunds.com
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