Davenport Core Leaders Fund (DAVPX)
| Fund Assets | 1.23B |
| Expense Ratio | 0.87% |
| Min. Investment | $5,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 1.69 |
| Dividend Yield | 4.67% |
| Dividend Growth | -15.07% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 16, 2026 |
| Previous Close | 36.09 |
| YTD Return | -5.58% |
| 1-Year Return | 7.81% |
| 5-Year Return | 48.59% |
| 52-Week Low | 31.67 |
| 52-Week High | 39.98 |
| Beta (5Y) | 0.99 |
| Holdings | 39 |
| Inception Date | Jan 15, 1998 |
About DAVPX
Davenport Core Leaders Fund is a diversified mutual fund designed to provide long-term capital growth through investments in high-quality U.S. companies. The fund prioritizes market leaders—businesses with strong, defensible market positions and wide economic moats that are not easily replicated by competitors. Its portfolio typically holds 45 to 55 stocks, selected with a concentrated and conviction-driven approach, focusing on large-cap companies across various sectors, including technology, healthcare, financial services, and consumer cyclical industries. The fund’s strategy emphasizes risk management by avoiding companies with significant balance sheet or operational risks and by being valuation-sensitive when initiating new positions. With a disciplined investment style that seeks both upside participation and downside protection, the Davenport Core Leaders Fund aims to capture opportunities in rising markets while mitigating volatility during market downturns. Managed by a team of experienced portfolio managers, the fund’s construction is intended to stay nearly fully invested and broadly diversified, making it a notable option among large blend equity funds for investors seeking exposure to established leaders in the U.S. market.
Performance
DAVPX had a total return of 7.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.69%.
Top 10 Holdings
44.19% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 7.17% |
| Amazon.com, Inc. | AMZN | 5.76% |
| NVIDIA Corporation | NVDA | 5.47% |
| Brookfield Corporation | BN | 4.72% |
| Microsoft Corporation | MSFT | 4.42% |
| Apple Inc. | AAPL | 3.98% |
| Rockwell Automation, Inc. | ROK | 3.38% |
| Meta Platforms, Inc. | META | 3.19% |
| Alphabet Inc. | GOOGL | 3.18% |
| Analog Devices, Inc. | ADI | 2.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 16, 2026 | $0.008 | Mar 17, 2026 |
| Dec 26, 2025 | $0.0013 | Dec 29, 2025 |
| Dec 4, 2025 | $0.9571 | Dec 5, 2025 |
| Jun 16, 2025 | $0.7189 | Jun 17, 2025 |
| Mar 14, 2025 | $0.0152 | Mar 17, 2025 |
| Dec 4, 2024 | $1.0271 | Dec 5, 2024 |