Davenport Insider Buying (DBUYX)
| Fund Assets | 91.23M |
| Expense Ratio | n/a |
| Min. Investment | $5,000 |
| Turnover | 67.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.76% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 10.95 |
| YTD Return | 0.86% |
| 1-Year Return | 6.70% |
| 5-Year Return | n/a |
| 52-Week Low | 9.12 |
| 52-Week High | 11.67 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About DBUYX
The Davenport Insider Buying Fund is an actively managed mutual fund focused on achieving long-term capital growth by investing in common stocks of companies where senior management and board members are actively purchasing company shares. The fund uniquely targets firms with significant insider buying, which is often interpreted as a positive signal of confidence in a company’s future prospects. Its investment approach is concentrated, typically maintaining 30–40 positions across a broadly diversified mix of sectors, though it leans toward large and mid-cap companies. The portfolio construction emphasizes high-conviction ideas, low turnover, and careful risk management, avoiding companies with substantial balance sheet or business risks. The fund may also allocate up to 30% of assets to foreign issuers when advantageous. Managed by a team with deep sector research expertise, the Davenport Insider Buying Fund occupies a distinct role in the market, providing exposure to a strategy that leverages corporate insider activity as a key factor for stock selection and potential capital appreciation.
Performance
DBUYX had a total return of 6.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.29%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.0152 | Jun 17, 2025 |
| Mar 14, 2025 | $0.0267 | Mar 17, 2025 |
| Dec 26, 2024 | $0.0185 | Dec 27, 2024 |
| Sep 16, 2024 | $0.0236 | Sep 17, 2024 |
| Jun 14, 2024 | $0.0199 | Jun 17, 2024 |
| Mar 15, 2024 | $0.0218 | Mar 18, 2024 |