Davenport Equity Opportunities Fund (DEOPX)
| Fund Assets | 910.97M |
| Expense Ratio | 0.88% |
| Min. Investment | $5,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 0.95% |
| Dividend Growth | -54.66% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 25.60 |
| YTD Return | 5.54% |
| 1-Year Return | 7.64% |
| 5-Year Return | 70.51% |
| 52-Week Low | 21.31 |
| 52-Week High | 26.71 |
| Beta (5Y) | 1.09 |
| Holdings | 30 |
| Inception Date | Dec 31, 2010 |
About DEOPX
Davenport Equity Opportunities Fund is a mutual fund designed to achieve long-term capital appreciation by employing a concentrated and flexible investment strategy. The fund typically holds between 25 and 30 stocks, favoring high-conviction positions that generally represent 2-3% of the portfolio at initiation, with the flexibility to overweight select ideas. Its investment approach emphasizes companies with strong capital allocation practices, owner/operator cultures vested in long-term growth, and businesses where rigorous research uncovers superior risk/return opportunities. The fund avoids significant balance sheet or business risk, maintaining a low portfolio turnover rate and a dedication to valuation discipline with an embedded margin of safety at purchase. Managed by an experienced team, the fund primarily targets the U.S. equity market and spans a variety of sectors, although it is generally categorized within mid-cap blend or mid-growth investment styles. By focusing on compounding growth and careful risk management, Davenport Equity Opportunities Fund aims to provide investors with a thoughtfully constructed portfolio that can navigate varying market environments while seeking consistent capital growth over time.
Performance
DEOPX had a total return of 7.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.03%.
Top 10 Holdings
48.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Kinsale Capital Group, Inc. | KNSL | 6.77% |
| Live Nation Entertainment, Inc. | LYV | 6.50% |
| Brookfield Corporation | BN | 6.29% |
| Clean Harbors, Inc. | CLH | 5.15% |
| Fairfax Financial Holdings Limited | FFH | 4.35% |
| O'Reilly Automotive, Inc. | ORLY | 4.19% |
| Align Technology, Inc. | ALGN | 4.12% |
| Martin Marietta Materials, Inc. | MLM | 3.84% |
| DraftKings Inc. | DKNG | 3.80% |
| ESAB Corporation | ESAB | 3.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.2396 | Jun 17, 2025 |
| Jun 14, 2024 | $0.023 | Jun 17, 2024 |
| Dec 26, 2023 | $0.0394 | Dec 27, 2023 |
| Dec 4, 2023 | $0.4661 | Dec 5, 2023 |
| Jun 15, 2023 | $0.5851 | Jun 16, 2023 |
| Dec 27, 2022 | $0.056 | Dec 28, 2022 |