Davenport Value & Income (DVIPX)

Fund Assets	978.00M
Expense Ratio	0.84%
Min. Investment	$5,000
Turnover	30.00%
Dividend (ttm)	0.36
Dividend Yield	1.79%
Dividend Growth	2.99%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 15, 2026

Previous Close	20.18
YTD Return	5.63%
1-Year Return	7.30%
5-Year Return	29.80%
52-Week Low	19.35
52-Week High	21.28
Beta (5Y)	0.80
Holdings	46
Inception Date	Dec 31, 2010

About DVIPX

The Davenport Value & Income Fund is a mutual fund with a primary focus on achieving long-term capital growth while generating current income for its investors. This fund pursues value opportunities by investing in companies that exhibit strong fundamental characteristics, such as meaningful dividends and the potential for dividend growth. Emphasizing a disciplined value investment approach, the fund targets stocks trading at attractive valuations with the aim of capital appreciation and above-average income. Its portfolio typically holds around 45 stocks, maintaining broad sector diversification and a low turnover rate, which allows value to compound over time. Key features of the fund include exposure to high-quality businesses—often labeled as "Dividend Achievers"—with solid records of maintaining and increasing dividends, as well as select above-average yielders with capital appreciation prospects. The management team prioritizes risk management by avoiding significant balance sheet or business risk and embedding a margin of safety in each purchase. With its large-value orientation, the fund generally invests in established U.S. companies that are less expensive or growing more slowly compared to other large-cap stocks, making it a notable option for those seeking both stability and income in their portfolios.

• Fund Family: Davenport
• Category: Large Value
• Performance Rating: Low
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: DVIPX
• Index: Russell 1000 Value TR

Performance

DVIPX had a total return of 7.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.41%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWDSX	Schwab	Schwab Dividend Equity Fund™	0.93%

Top 10 Holdings

29.80% of assets

Name	Symbol	Weight
NextEra Energy, Inc.	NEE	3.63%
Johnson & Johnson	JNJ	3.58%
Anheuser-Busch InBev SA/NV	BUD	3.21%
Berkshire Hathaway Inc.	BRK.B	3.13%
American Tower Corporation	AMT	2.97%
TE Connectivity plc	TEL	2.85%
SLB N.V.	SLB	2.73%
Elevance Health, Inc.	ELV	2.60%
Johnson Controls International plc	JCI	2.56%
Lamar Advertising Company	LAMR	2.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 15, 2026	$0.0785	Sep 16, 2026
Jun 15, 2026	$0.4192	Jun 16, 2026
Mar 16, 2026	$0.0711	Mar 17, 2026
Dec 26, 2025	$0.1119	Dec 29, 2025
Dec 4, 2025	$0.7978	Dec 5, 2025
Sep 15, 2025	$0.0784	Sep 16, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error