5 / 5 Stars
5 5 5 4 2
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#26 in Large Value
U.S. News evaluated 330 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 19.70 percent over the past year, and 17.29 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.7%|
|3 Years (Annualized)||17.3%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to achieve long term growth while generating current income through dividend payments on portfolio securities. Under normal circumstances, the fund will invest primarily in common stocks of companies that have attractive valuations and 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. It may also invest in special situation companies that have experienced significant difficulties but are believed to have favorable prospects for recovery.
Fees are Low compared to funds in the same category.
Davenport Value & Income Fund has an expense ratio of 0.94 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.