Clipper Fund (CFIMX) Fund Details & Analysis

Fund Information

Fund Category Large Value

Fund Family Clipper Fund

Fund Style Large Value

ISIN US1888501012

CUSIP 188850101

Inception Date 1984-02-29

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $1.45 Billion

Share Class Net Assets $1.45 Billion

Expense Ratio 0.68%

Expense Ratio Date 2026-05-01

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 8.81%

1-Year Return 31.13%

3-Year Return 25.83%

5-Year Return 11.67%

NAV $17.29

Previous Close Price $17.23

Last Update 2026-03-31

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Clipper Fund

The fund's investment adviser uses the Davis Investment Discipline to invest Clipper Fund's portfolio 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. The fund's portfolio generally contains between 15 and 35 companies, although the precise number of its investments will vary over time. It is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 133872.35%

Giant 28.28%

Large 38.01%

Medium 22.65%

Micro 0.00%

Small 6.43%

Value & Growth Metrics

Book-Value Growth % 7.20%

Cash-Flow Growth % -7.94%

Dividend Yield % 1.56%

Historical Earnings % -2.56%

Long-Term Earnings % 12.95%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	1.16%	0.00%
Cash	3.75%	3.75%	0.00%	1.88%	0.00%
Non US Stock	13.78%	13.78%	0.00%	5.60%	0.90%
Not Classified	0.00%	0.00%	0.00%	0.26%	0.00%
Other	0.00%	0.00%	0.00%	0.90%	0.00%
US Stock	82.47%	82.47%	0.00%	91.42%	99.10%

Top Holdings

Name	Weight	Owned	Change
BERKSHIRE HATHAWAY INC CL A	5.29%	-	-
META PLATFORMS INC CLASS A	6.52%	-	-
ALPHABET INC CL A	7.58%	-	-
CAPITAL ONE FINANCIAL CORP	9.29%	-	-
AMAZON.COM INC	3.30%	-	-
MARKEL CORP	6.70%	-	-
HUMANA INC	4.21%	-	-
WELLS FARGO + CO	4.17%	-	-
APPLIED MATERIALS INC	5.13%	-	-
US BANCORP	5.59%	-	-
MGM RESORTS INTERNATIONAL COMMON STOCK USD.01	4.89%	-	-
CVS HEALTH CORP COMMON STOCK USD.01	4.57%	-	-
COTERRA ENERGY INC COMMON STOCK USD.1	3.61%	-	-

See the full breakdown of CFIMX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	52.59%	100.00%	0.00%
Bond Sector	Corporate	0.00%	19.76%	0.00%	0.00%
Bond Sector	Derivative	0.00%	3.00%	0.00%	0.00%
Bond Sector	Government	0.00%	15.26%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.03%	0.00%	0.00%
Bond Sector	Securitized	0.00%	9.36%	0.00%	0.00%
Cyclical	Basic Materials	1.97%	3.39%	0.00%	2.44%
Cyclical	Consumer Cyclical	13.21%	7.37%	0.00%	9.60%
Cyclical	Financial Services	34.05%	19.60%	0.00%	17.23%
Cyclical	Real Estate	0.00%	3.06%	0.00%	2.15%
Defensive	Consumer Defensive	3.55%	7.72%	0.00%	7.85%
Defensive	Healthcare	12.39%	13.61%	0.00%	11.63%
Defensive	Utilities	0.00%	4.79%	0.00%	3.75%
Sensitive	Communication Services	16.27%	6.75%	0.00%	8.30%
Sensitive	Energy	6.80%	7.60%	0.00%	6.53%
Sensitive	Industrials	1.60%	12.00%	0.00%	8.93%
Sensitive	Technology	10.16%	14.10%	0.00%	21.58%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.08%	-	0.14%
Americas	North America	94.98%	89.56%	99.10%
Greater Asia	Asia Developed	0.69%	2.89%	-
Greater Asia	Asia Emerging	0.30%	3.90%	0.07%
Greater Asia	Australasia	0.03%	-	-
Greater Asia	Japan	0.09%	-	-
Greater Europe	Africa/Middle East	0.05%	2.35%	-
Greater Europe	Europe Developed	2.15%	1.29%	0.64%
Greater Europe	Europe Emerging	0.00%	-	-
Greater Europe	United Kingdom	1.63%	-	0.05%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-13	$0.790	$0.790	USD	-	-	-	-
2024-06-14	$0.620	$0.620	USD	-	2024-06-13	2024-06-17	Other
2023-12-08	$0.670	$0.670	USD	-	2023-12-07	2023-12-11	SemiAnnual
2023-06-27	$0.610	$0.610	USD	-	2023-06-26	2023-06-28	SemiAnnual
2022-12-09	$0.620	$0.620	USD	2022-12-09	2022-12-08	2022-12-12	SemiAnnual
2022-06-28	$0.630	$0.630	USD	2022-06-28	2022-06-27	2022-06-29	SemiAnnual
2021-12-09	$0.248	$0.248	USD	2021-12-09	2021-12-08	2021-12-10	SemiAnnual
2021-06-23	$0.240	$0.240	USD	2021-06-23	2021-06-22	2021-06-24	Annual
2020-12-10	$0.980	$0.980	USD	2020-12-10	2020-12-09	2020-12-11	Annual
2019-12-12	$1.100	$1.100	USD	2019-12-12	2019-12-11	2019-12-13	Other
2018-12-12	$0.316	$0.316	USD	2018-12-12	2018-12-11	2018-12-13	Other
2018-06-27	$0.560	$0.560	USD	2018-06-27	2018-06-26	2018-06-28	Other
2017-12-13	$0.289	$0.289	USD	2017-12-13	2017-12-12	2017-12-14	Other
2017-06-28	$0.510	$0.510	USD	2017-06-28	2017-06-27	2017-06-29	Other
2016-12-13	$0.870	$0.870	USD	2016-12-13	2016-12-12	2016-12-14	Other
2016-07-01	$0.320	$0.320	USD	2016-07-01	2016-06-30	2016-07-05	Other
2015-12-10	$0.500	$0.500	USD	2015-12-10	2015-12-09	2015-12-11	Other
2014-12-11	$0.414	$0.414	USD	2014-12-11	2014-12-10	2014-12-12	Annual
2013-12-19	$0.345	$0.345	USD	2013-12-19	2013-12-18	2013-12-20	Annual
2012-12-18	$1.343	$1.343	USD	2012-12-18	2012-12-17	2012-12-19	Annual
2011-12-21	$0.870	$0.870	USD	-	2011-12-20	2011-12-22	Annual
2010-12-01	$0.632	$0.632	USD	-	2010-11-30	2010-12-02	Annual
2010-04-30	$0.033	$0.033	USD	-	-	-	-
2009-12-01	$0.456	$0.456	USD	-	2009-11-30	2009-12-02	Annual
2008-12-30	$0.835	$0.835	USD	-	2008-12-29	2008-12-31	Other
2007-12-28	$0.870	$0.870	USD	-	2007-12-27	2007-12-31	Other
2006-12-28	$1.095	$1.095	USD	-	2006-12-27	2006-12-29	Other
2005-12-19	$1.293	$1.293	USD	-	2005-12-16	2005-12-27	Annual
2004-12-20	$0.570	$0.570	USD	-	2004-12-17	2004-12-27	Other
2003-12-19	$0.730	$0.730	USD	-	2003-12-18	2003-12-23	Other
2002-12-23	$1.078	$1.078	USD	-	2002-12-20	2002-12-27	Other
2001-12-31	$1.077	$1.077	USD	-	-	-	-
2001-12-21	$3.823	$3.823	USD	-	2001-12-19	2001-12-26	Other
2000-12-29	$1.870	$1.870	USD	-	-	-	-
2000-12-26	$10.253	$10.253	USD	-	2000-12-22	2000-12-28	Other
1999-12-27	$2.249	$2.249	USD	-	1999-12-23	1999-12-28	Other
1998-12-28	$0.601	$0.601	USD	-	1998-12-24	1998-12-29	Other
1998-08-28	$1.031	$1.031	USD	-	1998-08-27	1998-08-31	Other
1997-12-29	$1.357	$1.357	USD	-	1997-12-26	1997-12-30	Other
1996-12-27	$0.835	$0.835	USD	-	1996-12-26	1996-12-30	Other
1995-12-28	$0.756	$0.756	USD	-	1995-12-27	1995-12-29	Other
1994-12-29	$0.707	$0.707	USD	-	1994-12-28	1995-01-03	Other
1993-12-30	$0.753	$0.753	USD	-	1993-12-29	1994-01-03	Other
1992-12-18	$0.955	$0.955	USD	-	-	-	-
1991-12-20	$1.243	$1.243	USD	-	-	-	-
1990-12-19	$1.143	$1.143	USD	-	-	-	-
1989-12-19	$1.000	$1.000	USD	-	-	-	-
1988-12-20	$0.950	$0.950	USD	-	-	-	-
1987-12-22	$1.800	$1.800	USD	-	-	-	-
1987-01-23	$1.480	$1.480	USD	-	-	-	-

View the full dividend history for CFIMX.

Clipper Fund NMFQS:CFIMX