# EDGAR Filing Document

**Accession Number:** 0000203002
**File Stem:** 0001145549-25-054242
**Filing Date:** 2025-8
**Character Count:** 22879
**Document Hash:** 9a5e9202ed3363567bd4dac6b27fe787
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-054242.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001145549-25-054242

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DAVIS SERIES INC
- **CENTRAL INDEX KEY:** 0000203002

**ORGANIZATION NAME:**
- **EIN:** 362926440
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02679
- **FILM NUMBER:** 251261087

**BUSINESS ADDRESS:**
- **STREET 1:** 2949 E. ELVIRA ROAD
- **STREET 2:** SUITE 101
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85756
- **BUSINESS PHONE:** (520)806-7600

**MAIL ADDRESS:**
- **STREET 1:** 2949 E. ELVIRA ROAD
- **STREET 2:** SUITE 101
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85756

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RETIREMENT PLANNING FUNDS OF AMERICA INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Davis Government Bond Fund (Series ID: S000003443)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009531 | Class A      | RFBAX           |
| C000009533 | Class C      | DGVCX           |
| C000009534 | Class Y      | DGVYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** DAVIS SERIES INC

- **b. Investment Company Act file number:** 811-02679

- **c. CIK number of Registrant:** 0000203002

- **d. LEI of Registrant:** 254900V5R8G1UV68J551

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2949 E. Elvira Road

  - **City:** Tucson

  - **State:** AZ

  - **Foreign country:** US

  - **Zip / Postal Code:** 85756

  - **Telephone number:** 520-806-7600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Davis Government Bond Fund

- **b. EDGAR series identifier (if any):** S000003443

- **c. LEI of Series:** 2549006NRWBXQASIUG28

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $17357864.26

**Total Liabilities:** $65986.21

**Net Assets:** $17291878.05

**Cash Not Reported:** $475.18

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -34.069158800000 | **1-Year:** -254.502220900000 | **5-Year:** -732.624270400000 | **10-Year:** -529.839194300000 | **30-Year:** -108.840786500000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009531 | 0.25%                | 0.06%                | 0.45%                |
| Class ID C000009533 | 0.38%                | -0.01%               | 0.39%                |
| Class ID C000009534 | 0.27%                | 0.08%                | 0.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $13532.57                                  |
| Month 2  | $0.00                    | $-37506.52                                 |
| Month 3  | $0.00                    | $51239.27                                  |

### Schedule of Portfolio Investments

| Name                           | Title                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FED HM LN PC POOL 841736       | FED HM LN PC POOL 841736 FH 04/54 FLOATING VAR | CUSIP: 31288Q4V9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    736990 | PA      | $761155.40    | 4.40%             | 2054-04-01      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE FNR 2009 101 AF                     | CUSIP: 31398F6G1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    471516 | PA      | $467003.66    | 2.70%             | 2039-12-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE FNR 2010 95 FB                      | CUSIP: 31398NEX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    126092 | PA      | $124044.35    | 0.72%             | 2040-09-25      | Variable      | 4.82%                 | No            |                  2 | On Loan: No      |
| FNMA POOL BL0533               | FNMA POOL BL0533 FN 11/25 FIXED 3.57           | CUSIP: 3140HRSX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1500000 | PA      | $1491939.23   | 8.63%             | 2025-11-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| FNMA POOL BY1543               | FNMA POOL BY1543 FN 06/53 FLOATING VAR         | CUSIP: 3140NHWD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    707279 | PA      | $720027.50    | 4.16%             | 2053-06-01      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| SBA POOL 510194                | SBA POOL 510194 SBA 10/28 FLOATING VAR         | CUSIP: 83164MKF5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    138601 | PA      | $137885.45    | 0.80%             | 2028-10-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| SBA POOL 522596                | SBA POOL 522596 SBA 09/30 FLOATING VAR         | CUSIP: 83165BC91<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    326108 | PA      | $341376.33    | 1.97%             | 2030-09-25      | Variable      | 8.47%                 | No            |                  2 | On Loan: No      |
| SBA POOL 522619                | SBA POOL 522619 SBA 10/30 FLOATING VAR         | CUSIP: 83165BDY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    187210 | PA      | $197098.71    | 1.14%             | 2030-10-25      | Variable      | 8.35%                 | No            |                  2 | On Loan: No      |
| SBA POOL 530037                | SBA POOL 530037 SBA 01/32 FLOATING VAR         | CUSIP: 8316A0BF6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    652577 | PA      | $674679.51    | 3.90%             | 2032-01-25      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| SBA POOL 530180                | SBA POOL 530180 SBA 10/32 FLOATING VAR         | CUSIP: 8316A0FW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    531488 | PA      | $547443.18    | 3.17%             | 2032-10-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Nomura Repo                    | Nomura Repo REPO - 01Jul25                     | CUSIP: ARP19B8Y6<br>LEI: OXTKY6Q8X53C9ILVV871 | Long             | RA               | USGA              | US        |    692000 | PA      | $692000.00    | 4.00%             | 2025-07-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| STONEX REPO                    | STONEX REPO REPO - 01Jul25                     | CUSIP: ARP19B8Z3<br>LEI: 549300LNKU6K5TJCRG93 | Long             | RA               | USGA              | US        |   1159000 | PA      | $1159000.00   | 6.70%             | 2025-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FED HM LN PC POOL G18611       | FED HM LN PC POOL G18611 FG 09/31 FIXED 2.5    | CUSIP: 3128MMVD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    279505 | PA      | $268242.86    | 1.55%             | 2031-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FED HM LN PC POOL U70063       | FED HM LN PC POOL U70063 FG 09/27 FIXED 3      | CUSIP: 3132G0B82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     63675 | PA      | $62995.74     | 0.36%             | 2027-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE FNR 2012 141 MC                     | CUSIP: 3136AABG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    187733 | PA      | $166388.02    | 0.96%             | 2042-12-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE FNR 2015 22 BG                      | CUSIP: 3136ANEQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    241515 | PA      | $234055.28    | 1.35%             | 2043-04-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE FNR 2017 53 PD                      | CUSIP: 3136AW4X2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    131826 | PA      | $112240.82    | 0.65%             | 2047-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE FNR 2022 22 HA                      | CUSIP: 3136BMK64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1058185 | PA      | $987486.72    | 5.71%             | 2043-03-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | FREDDIE MAC FHR 3757 PF                        | CUSIP: 3137A2C74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     50120 | PA      | $49559.25     | 0.29%             | 2040-08-15      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | FREDDIE MAC                                    | CUSIP: 3137B2J68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     32511 | PA      | $32109.53     | 0.19%             | 2028-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | FREDDIE MAC FHR 4274 FP                        | CUSIP: 3137B5UL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    119615 | PA      | $116635.03    | 0.67%             | 2043-09-15      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | FREDDIE MAC                                    | CUSIP: 3137B73G2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     29021 | PA      | $28570.83     | 0.17%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA POOL AL7358               | FNMA POOL AL7358                               | CUSIP: 3138EQE81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     34537 | PA      | $34341.06     | 0.20%             | 2029-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA POOL AX9709               | FNMA POOL AX9709 FN 08/30 FIXED 2              | CUSIP: 3138YBYF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    108218 | PA      | $101304.36    | 0.59%             | 2030-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE                                     | CUSIP: 31396WL20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      6807 | PA      | $6733.71      | 0.04%             | 2037-07-25      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE                                     | CUSIP: 31397SMT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     40211 | PA      | $39707.58     | 0.23%             | 2041-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA POOL 888796               | FNMA POOL 888796                               | CUSIP: 31410GNM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     16472 | PA      | $16349.67     | 0.09%             | 2037-09-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA POOL MA1010               | FNMA POOL MA1010 FN 03/32 FIXED 3.5            | CUSIP: 31418ADQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    155816 | PA      | $154128.96    | 0.89%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GNMA II POOL BB0084            | GNMA II POOL BB0084 G2 07/67 VARIABLE          | CUSIP: 3617AQCV9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    257223 | PA      | $255598.29    | 1.48%             | 2067-07-20      | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| GNMA II POOL BT6816            | GNMA II POOL BT6816 G2 04/70 VARIABLE          | CUSIP: 3617MVSD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    125207 | PA      | $124612.99    | 0.72%             | 2070-04-20      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| GNMA II POOL 756740            | GNMA II POOL 756740                            | CUSIP: 36230RPZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       448 | PA      | $458.99       | 0.00%             | 2061-12-20      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2012 H08 FC | CUSIP: 38375BQS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    358581 | PA      | $359100.89    | 2.08%             | 2062-04-20      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2014 H18 FA | CUSIP: 38375UPC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    246976 | PA      | $246160.93    | 1.42%             | 2064-09-20      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A                 | CUSIP: 38376P3M0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     13181 | PA      | $13052.69     | 0.08%             | 2039-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H04 HA | CUSIP: 38376RQX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     49629 | PA      | $47406.47     | 0.27%             | 2065-07-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H17 HA | CUSIP: 38376RXN1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    378979 | PA      | $367086.55    | 2.12%             | 2066-03-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2012 143 LA | CUSIP: 38378GRM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     49556 | PA      | $42031.81     | 0.24%             | 2042-12-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 101 AE | CUSIP: 38379KVK1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     99310 | PA      | $91766.85     | 0.53%             | 2052-03-16      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 46 AH  | CUSIP: 38379U7M2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    274665 | PA      | $238131.22    | 1.38%             | 2050-10-16      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A                 | CUSIP: 38379XH86<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     25315 | PA      | $25378.80     | 0.15%             | 2031-06-20      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2018 50 AC  | CUSIP: 38380JXK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    453696 | PA      | $420425.41    | 2.43%             | 2058-06-16      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2019 H15 GA | CUSIP: 38380LD26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    181376 | PA      | $174864.17    | 1.01%             | 2069-08-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2021 H03 FJ | CUSIP: 38380QZG0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1724610 | PA      | $1734659.36   | 10.03%            | 2071-02-20      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2021 103 KD | CUSIP: 38382TV27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    809274 | PA      | $618992.19    | 3.58%             | 2051-06-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H13 BA | CUSIP: 38382Y5V1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    861848 | PA      | $860244.40    | 4.97%             | 2073-05-20      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H01 DA | CUSIP: 38382YKU6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    932178 | PA      | $928454.76    | 5.37%             | 2071-12-20      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H04 FG | CUSIP: 38382YMF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    833263 | PA      | $826204.02    | 4.78%             | 2067-02-20      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| SBA POOL 510685                | SBA POOL 510685 SBA 09/30 FLOATING VAR         | CUSIP: 83164M2S7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     80689 | PA      | $82550.91     | 0.48%             | 2030-09-25      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| SBA POOL 510690                | SBA POOL 510690 SBA 05/32 FLOATING VAR         | CUSIP: 83164M2X6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     86811 | PA      | $92024.07     | 0.53%             | 2032-05-25      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

**Name of Applicant:** DAVIS SERIES INC

**Signature:** Doug A. Haines

**Name of Signer:** Doug A. Haines

**Title:** Treasurer