5 / 5 Stars
5 5 5 4 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#4 in Mid-Cap Growth
U.S. News evaluated 223 Mid-Cap Growth 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 26.55 percent over the past year, and 18.12 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||4.1%|
|3 Years (Annualized)||18.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long term capital appreciation. Under normal circumstances, at least 80% of the fund's net assets (including the amount of any borrowings for investment purposes, although the fund does not currently intend to borrow for investment purposes) will be invested in common stocks and shares of ETFs that invest primarily in common stocks. The fund typically seeks opportunities with potential for above average capital appreciation and, therefore, will emphasize investments in common stocks of medium and small capitalization companies. It is non-diversified.
Fees are Low compared to funds in the same category.
Davenport Equity Opportunities Fund has an expense ratio of 1.01 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.