Davenport Core (DAVPX) Fund Ranking and Research

Ranking, Research and Recommendation of Davenport Core (DAVPX) Fund

Last Trade: $17.91 on 5/21/2013, Change: +0.03 (0.17%)

 

Fund Manager - Michael Beall

Fund Manager Information

Fund Manager Tenure: 15.4 years
Fund Family: Williamsburg Investment Trust
Fund Category: Large Growth
Fund Performance: Jan 30, 2013
Fundmojo Fund Grade: A (Score: 0.76)     (What does this score mean?)
Michael S. Beall, CFA, CPA (age 56) joined Davenport & Company LLC in 1980 and is the Chairman of the Investment Policy Committee. Mr. Beall has been a member of the Investment Policy Committee since June 1991.Beall holds the Chartered Financial Analyst designation and the Certified Public Accountant designation.  Get more insights on Michael Beall

 

Davenport Core Fund (DAVPX) Profile

Fund Profile and Description

Davenport Core Fund seeks long-term growth of capital. Davenport Core Fund normally invests at least 80% of assets in common stocks. It may invest in preferred stocks, convertible preferred stocks, convertible bonds, and warrants. Davenport Core Fund may invest up to 25% of assets in the equity securities of foreign issuers or invest in foreign markets that the Advisor considers to be “emerging markets.” It does not limit the fund to any particular market capitalization requirements when selecting stocks.

 

 What we like about Davenport Core (DAVPX) Fund

Data for Davenport Core Fund (DAVPX) as of Jan 30, 2013

• Davenport Core Fund (DAVPX) management has been with Davenport Core Fund for 15.4 years
• Davenport Core Fund (DAVPX) has good short-term performance (1-year return 17.60% vs 9.48% Large Growth category median performance)
• Davenport Core Fund (DAVPX) has good mid-term performance (3-year return 14.11% vs 11.92% Large Growth category median performance)
• Davenport Core Fund (DAVPX) has good Long-term performance (5-year return 4.17% vs 4.11% Large Growth category median performance)
• Davenport Core Fund (DAVPX) ratio of up-years vs down years is greater than 2
• Davenport Core Fund (DAVPX) has a Morningstar rating of 4 and above
• Davenport Core Fund (DAVPX) has an annual stock turnover rate of 19.00% vs Large Growth average of 60.49%. It is good that Davenport Core management does not trade extensively for its return.
• Davenport Core Fund (DAVPX) is less volatile than its peers as it has a 3-year Standard Deviation of 14.72, lower than category average of 17.05
• Davenport Core Fund (DAVPX) has a lower expense ratio than its Large Growth average: 0.96% vs 1.26%
• Davenport Core Fund (DAVPX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

 What we are cautious about Davenport Core (DAVPX) Fund

Data for Davenport Core Fund (DAVPX) as of Jan 30, 2013

See Davenport Core Fund (DAVPX) performance details as of Jan 30, 2013

 

Compare with other top Large Growth category mutual funds

Aadditional top Large Growth mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
Davenport Core	5.22	17.60	14.11	4.17
American Funds AMCAP R6 (RAFGX)	6.34	11.82	12.56	6.25	Compare
AllianceBern Core Opportunities Adv (ADGYX)	7.23	13.17	14.40	4.44	Compare
Fidelity Growth Company F (FGRFX)	4.43	6.92	15.34	7.34	Compare

See top fund managers for Large Growth Category Funds

 

Compare with Large Growth category ETFs

Some Large Growth ETFs for your consideration

ETF	Year to Date	One Year	Three Year
iShares Russell 3000 Growth Index (IWZ)	5.56%	9.48%	13.60%
Schwab U.S. Large-Cap Growth ETF (SCHG)	5.42%	9.47%	12.87%
Vanguard Russell 1000 Growth Index ETF (VONG)	5.35%	9.43%	0
iShares Russell 1000 Growth Index (IWF)	5.36%	9.32%	13.56%
Guggenheim Ocean Tomo Growth Index (OTR)	13.45%	8.86%	30.11%

 

Davenport Core (DAVPX) Fund Net Asset

Track net asset change of Davenport Core fund (DAVPX)

Date	Net Asset
02/2013	$199.99M
01/2013	$199.99M
12/2012	$186.31M

More historic net asset information on Davenport Core Fund (DAVPX)

  

Davenport Core (DAVPX) Fund Portfolio Allocation

Track portfolio allocation change of Davenport Core fund (DAVPX)

Date	Cash	Stock	Bond	Other
11/2012	2.56%	97.44%	0%	0%
10/2012	5.41%	94.59%	0%	0%
09/2012	4.97%	95.03%	0%	0%

Click here to see more historic asset allocation information on Davenport Core Fund (DAVPX)

 

Top 10 Holdings in Davenport Core (DAVPX) Fund

Discover what Davenport Core Fund (DAVPX) manager is buying

Nov 30, 2012 CarMax Inc [2.86%] Brookfield Asset Management Inc Class A [2.73%] Exxon Mobil Corporation Common [2.56%] Berkshire Hathaway Inc Class B [2.45%] Markel Corporation Common Stock [2.38%] Wells Fargo & Company Common St [2.33%] J.M. Smucker Company (The) New [2.31%] Johnson & Johnson Common Stock [2.31%] Fiserv, Inc. [2.19%] International Business Machines [2.18%]

Oct 31, 2012 Brookfield Asset Management Inc Class A [2.72%] CarMax Inc [2.68%] Exxon Mobil Corporation Common [2.67%] Berkshire Hathaway Inc Class B [2.42%] Wells Fargo & Company Common St [2.4%] Johnson & Johnson Common Stock [2.36%] Markel Corporation Common Stock [2.36%] Capital One Financial Corporati [2.25%] J.M. Smucker Company (The) New [2.25%] International Business Machines [2.25%]

Sep 30, 2012 Brookfield Asset Management Inc Class A [2.73%] Exxon Mobil Corporation Common [2.67%] Berkshire Hathaway Inc Class B [2.47%] Wells Fargo & Company Common St [2.46%] Apple Inc. [2.42%] International Business Machines [2.4%] Johnson & Johnson Common Stock [2.3%] Markel Corporation Common Stock [2.29%] Chevron Corporation Common Stoc [2.27%] J.M. Smucker Company (The) New [2.27%]

Click here for Stock Holding Change Map in Davenport Core Fund (DAVPX)

  

Latest News on Davenport Core (DAVPX) Fund

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Popular pages on Davenport Core (DAVPX) Fund

• Davenport Core (DAVPX) Fund Research and Recommendation
• Davenport Core (DAVPX) Fund Performance Data
• Davenport Core (DAVPX) Fund Manager Information
• Historic Davenport Core (DAVPX) Fund Asset Allocation Report
• Historic Davenport Core (DAVPX) Fund Top 10 Holding Tracking
• Historic Davenport Core (DAVPX) Fund Asset Under Management Tracking