Davenport Equity Opportunities Fund (DEOPX)
| Fund Assets | 782.34M |
| Expense Ratio | 0.88% |
| Min. Investment | $5,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 3.03% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 4, 2025 |
| Previous Close | 23.18 |
| YTD Return | -0.52% |
| 1-Year Return | -4.62% |
| 5-Year Return | 19.77% |
| 52-Week Low | 21.73 |
| 52-Week High | 25.75 |
| Beta (5Y) | 1.02 |
| Holdings | 32 |
| 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 -4.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLCKX | Fidelity | Fidelity Leveraged Company Stock Fund - Class K | 0.65% |
| FLVCX | Fidelity | Fidelity Leveraged Company Stock Fund | 0.75% |
| FLSCX | Fidelity | Fidelity Advisor® Leveraged Company Stock Fund ClassC | 1.83% |
| FLSTX | Fidelity | Fidelity Advisor® Leveraged Company Stock Fund ClassI | 1.30% |
| FZAKX | Fidelity | Fidelity Advisor® Leveraged Company Stock Fund ClassM | 0.67% |
Top 10 Holdings
46.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Live Nation Entertainment, Inc. | LYV | 6.45% |
| Kinsale Capital Group, Inc. | KNSL | 6.09% |
| Clean Harbors, Inc. | CLH | 5.41% |
| Martin Marietta Materials, Inc. | MLM | 4.87% |
| Align Technology, Inc. | ALGN | 4.50% |
| Carrier Global Corporation | CARR | 4.13% |
| Fairfax Financial Holdings Limited | FFH | 3.96% |
| Markel Group Inc. | MKL | 3.96% |
| Brookfield Corporation | BN | 3.59% |
| Xylem Inc. | XYL | 3.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 4, 2025 | $0.4623 | Dec 5, 2025 |
| 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 |