DVIPX: Davenport Value & Income Fund - MutualFunds.com

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Davenport Value & Income

DVIPX - Snapshot

Vitals

  • YTD Return -5.0%
  • 3 Yr Annualized Return 0.8%
  • 5 Yr Annualized Return 5.3%
  • Net Assets $627 M
  • Holdings in Top 10 32.7%

52 WEEK LOW AND HIGH

$16.96
$11.12
$18.17

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 28.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000
  • IRA $2,000

Fund Classification


Compare DVIPX to Popular U.S. Large-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$116.96

-0.01%

$81.36 B

2.09%

$2.44

-2.41%

-

$45.60

-0.09%

$81.36 B

-

$0.00

-2.52%

-

$44.39

+0.09%

$60.99 B

1.85%

$0.82

2.00%

-

$196.70

-0.03%

$58.97 B

1.80%

$3.55

1.52%

-

$44.58

-0.02%

$47.04 B

1.09%

$0.49

0.34%

-

DVIPX - Profile

Distributions

  • YTD Total Return -5.0%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.07%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Davenport Value & Income Fund
  • Fund Family Name
    Davenport
  • Inception Date
    Dec 31, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Ackerly

Fund Description

Under normal circumstances, the fund will invest primarily in common stocks of companies that have established business models, attractive valuations, a history of dividend payment and growth, and/or dividend growth potential. The Advisor seeks to identify companies that may be undervalued because they are currently out of favor with the market or temporarily misunderstood by the investment community. The fund may invest up to 20% of its net assets in ETFs.


DVIPX - Performance

Return Ranking - Trailing

Period DVIPX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -27.3% 281.8% 80.58%
1 Yr -7.4% -33.9% 15.5% 48.72%
3 Yr 0.8%* -10.3% 11.0% 60.94%
5 Yr 5.3%* -4.4% 13.6% 51.23%
10 Yr N/A* -1.9% 11.8% N/A

* Annualized

Return Ranking - Calendar

Period DVIPX Return Category Return Low Category Return High Rank in Category (%)
2019 20.3% -32.1% 76.3% 39.60%
2018 -15.6% -62.4% 16.7% 48.67%
2017 12.6% -72.0% 37.9% 25.98%
2016 11.4% -61.4% 31.0% 39.88%
2015 -8.1% -47.3% 4.6% 40.93%

Total Return Ranking - Trailing

Period DVIPX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -27.3% 281.8% 80.58%
1 Yr -7.4% -33.9% 15.5% 42.62%
3 Yr 0.8%* -11.2% 11.0% 56.53%
5 Yr 5.3%* -4.8% 13.6% 48.36%
10 Yr N/A* -2.1% 11.8% N/A

* Annualized

Total Return Ranking - Calendar

Period DVIPX Return Category Return Low Category Return High Rank in Category (%)
2019 20.3% -32.1% 76.3% 39.60%
2018 -10.7% -37.1% 17.4% 46.98%
2017 18.2% -9.5% 37.9% 20.34%
2016 14.0% -27.9% 32.2% 43.12%
2015 -2.0% -28.9% 4.6% 19.02%

NAV & Total Return History


DVIPX - Holdings

Concentration Analysis

DVIPX Category Low Category High DVIPX % Rank
Net Assets 627 M 390 K 81.4 B 48.69%
Number of Holdings 43 1 1638 82.32%
Net Assets in Top 10 208 M 68.9 K 20.4 B 46.24%
Weighting of Top 10 32.70% 5.7% 100.0% 29.20%

Top 10 Holdings

  1. Comcast Corp Class A 3.69%
  2. Johnson & Johnson 3.63%
  3. Brookfield Asset Management Inc Class A 3.60%
  4. Watsco Inc 3.41%
  5. United Parcel Service Inc Class B 3.36%
  6. Fidelity National Financial Inc 3.24%
  7. Qualcomm Inc 3.22%
  8. Lamar Advertising Co Class A 2.88%
  9. Dominion Energy Inc 2.88%
  10. Markel Corp 2.86%

Asset Allocation

Weighting Return Low Return High DVIPX % Rank
Stocks
99.77% 50.81% 144.64% 19.48%
Cash
0.24% -129.21% 49.19% 77.50%
Preferred Stocks
0.00% 0.00% 20.06% 35.43%
Other
0.00% -1.17% 90.90% 33.14%
Convertible Bonds
0.00% 0.00% 9.60% 31.75%
Bonds
0.00% 0.00% 42.12% 34.37%

Stock Sector Breakdown

Weighting Return Low Return High DVIPX % Rank
Financial Services
19.04% 0.00% 60.37% 42.93%
Industrials
15.28% 0.00% 46.06% 18.09%
Consumer Defense
13.66% 0.00% 31.06% 15.63%
Technology
12.12% 0.00% 54.02% 41.53%
Healthcare
10.50% 0.00% 31.61% 93.59%
Real Estate
8.93% 0.00% 87.91% 2.88%
Communication Services
6.96% 0.00% 23.33% 54.69%
Consumer Cyclical
6.31% 0.00% 30.11% 59.70%
Utilities
4.42% 0.00% 46.31% 60.69%
Energy
2.78% 0.00% 23.54% 76.15%
Basic Materials
0.00% 0.00% 23.70% 94.00%

Stock Geographic Breakdown

Weighting Return Low Return High DVIPX % Rank
US
85.84% 26.40% 143.35% 83.88%
Non US
13.93% -0.07% 37.07% 6.63%

DVIPX - Expenses

Operational Fees

DVIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.01% 19.26% 58.01%
Management Fee 0.75% 0.00% 1.50% 82.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% 61.28%

Sales Fees

DVIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

DVIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DVIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 0.00% 481.00% 31.11%

DVIPX - Distributions

Dividend Yield Analysis

DVIPX Category Low Category High DVIPX % Rank
Dividend Yield 0.00% 0.00% 36.86% 36.70%

Dividend Distribution Analysis

DVIPX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

DVIPX Category Low Category High DVIPX % Rank
Net Income Ratio 2.07% -3.83% 5.26% 34.50%

Capital Gain Distribution Analysis

DVIPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

DVIPX - Fund Manager Analysis

Managers

John Ackerly


Start Date

Tenure

Tenure Rank

Dec 31, 2010

9.84

9.8%

Serves on Davenport's Executive Committee and Board of Directors; President of the Davenport Mutual Funds; Past President, Richmond Society of Financial Analysts; Previously served as Portfolio Manager for Central Fidelity Bank

George Smith


Start Date

Tenure

Tenure Rank

Dec 31, 2010

9.84

9.8%

George L. Smith, III, CFA (age 41) joined Davenport & Company in 1997 and currently serves as a Senior Vice President, Director and coordinator of the buy-side research for the firm. Mr. Smith is a member of the firm’s Executive Committee and has been a member of the IPC since July 2010. .

Michael Beall


Start Date

Tenure

Tenure Rank

Dec 31, 2010

9.84

9.8%

Michael S. Beall, CFA joined Davenport & Company in 1980 and is an Executive Vice President, Director and Chairman of the IPC. Mr. Beall has been a member of the IPC since June 1991.

E. Brown


Start Date

Tenure

Tenure Rank

Dec 31, 2010

9.84

9.8%

E. Trigg Brown, Jr. (age 57) joined Davenport & Company LLC in 1982 and currently serves as a Financial Advisor and the Branch Manager of the Advisor’s Richmond, Virginia branch. Mr. Brown is a member of the Advisor’s Executive Committee and has been a member of the Investment Policy Committee since October 2002.

Robert Giles


Start Date

Tenure

Tenure Rank

Dec 31, 2010

9.84

9.8%

Robert B. Giles joined Davenport & Company in 1967 and currently serves as an Executive Vice President and Director. Mr. Giles has been a member of the IPC since July 2007.

Christopher Pearson


Start Date

Tenure

Tenure Rank

Jun 14, 2019

1.38

1.4%

Christopher G. Pearson, CFA joined Davenport & Company LLC in 2006 and is First Vice President and a buy-side analyst for the firm. Mr. Pearson is a member of the firm’s Portfolio Review Committee. Mr. Pearson earned his BA in Business Administration from University of Richmond.

Joel Ray


Start Date

Tenure

Tenure Rank

Jan 14, 2020

0.8

0.8%

Joel M. Ray, CFA joined the Advisor in 2004 and currently serves as Senior Vice President – Research and Director. Mr. Ray has been a member of the IPC since January 2020

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 85.01 7.05 5.13
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