U.S. markets closed

Davenport Balanced Income Fund (DBALX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
11.72+0.06 (+0.51%)
At close: 08:01PM EDT

Davenport Balanced Income Fund

Cincinnati, OH 45246

225 Pictoria Drive, Suite 450

C/O Ultimus Fund Solutions, LLC

Management Information
William B. Cleland,Lead Manager since December 30, 2021
William B. Cleland, CFP (age 50) joined Davenport & Company LLC in 2005 and serves as Vice President.
Morningstar Style Box
Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryAllocation--50% to 70% Equity
Fund FamilyDavenport
Net Assets222.96M
YTD Return-0.35%
Morningstar Rating★★
Inception DateDec 30, 2015

Fund Operations

Last Dividend0.06
Last Cap Gain14.00
Holdings Turnover23.00%
Average for CategoryN/A

Fees & Expenses

ExpenseDBALXCategory Average
Annual Report Expense Ratio (net)0.93%0.84%
Prospectus Net Expense Ratio0.93%N/A
Prospectus Gross Expense Ratio0.93%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.07%
Max Deferred Sales LoadN/A1.48%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A