Davenport Small Cap Focus Fund (DSCPX)
| Fund Assets | 898.90M |
| Expense Ratio | 0.90% |
| Min. Investment | $5,000 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 0.62% |
| Dividend Growth | -83.20% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 17.59 |
| YTD Return | -0.35% |
| 1-Year Return | 0.56% |
| 5-Year Return | 44.99% |
| 52-Week Low | 14.14 |
| 52-Week High | 19.09 |
| Beta (5Y) | 0.97 |
| Holdings | 34 |
| Inception Date | Dec 31, 2014 |
About DSCPX
The Davenport Small Cap Focus Fund is a mutual fund specializing in U.S. small capitalization equities, designed to achieve long-term capital appreciation. The fund employs a concentrated investment strategy, selecting a relatively small number of high-conviction holdings—often with portfolio weights starting at 1-2%—and maintains a low portfolio turnover rate. Its approach focuses on identifying under-researched small-cap companies with substantial growth potential, particularly those led by management teams with significant ownership stakes. The fund actively seeks opportunistic entry points, sometimes targeting companies that may be temporarily out of favor in the market. Sector diversification is broad, but the portfolio is constructed with a strong emphasis on rigorous research and risk management, typically avoiding businesses with excessive balance sheet or business risk. The managers also exercise valuation sensitivity, ensuring a margin of safety in their purchases. By balancing growth and value styles within the small-cap universe, the fund aims to deliver returns that outperform traditional benchmarks, such as the Russell 2000 Index, over a full market cycle.
Performance
DSCPX had a total return of 0.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.39%.
Top 10 Holdings
48.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Monarch Casino & Resort, Inc. | MCRI | 7.47% |
| Kinsale Capital Group, Inc. | KNSL | 6.81% |
| ESAB Corporation | ESAB | 4.96% |
| Golden Entertainment, Inc. | GDEN | 4.95% |
| OneSpaWorld Holdings Limited | OSW | 4.22% |
| California Resources Corporation | CRC | 4.17% |
| Enovis Corporation | ENOV | 4.09% |
| Verra Mobility Corporation | VRRM | 4.02% |
| NewMarket Corporation | NEU | 3.97% |
| Generac Holdings Inc. | GNRC | 3.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.0081 | Jun 17, 2025 |
| Dec 26, 2024 | $0.0734 | Dec 27, 2024 |
| Sep 16, 2024 | $0.026 | Sep 17, 2024 |
| Jun 14, 2024 | $0.3539 | Jun 17, 2024 |
| Mar 15, 2024 | $0.0247 | Mar 18, 2024 |
| Dec 26, 2023 | $0.0343 | Dec 27, 2023 |