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Davenport Balanced Income (DBALX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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12.74+0.02 (+0.16%)
At close: 08:01PM EDT

Davenport Balanced Income

Cincinnati, OH 45246

225 Pictoria Drive, Suite 450

C/O Ultimus Fund Solutions, LLC

Management information
William B. Cleland,Lead manager since 30 December 2021
William B. Cleland, CFP (age 51) joined the Advisor in 2005 and currently serves as Vice President
Morningstar style box
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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. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryAllocation--50% to 70% Equity
Fund familyDavenport
Net assets227.1M
YTD return3.91%
Yield2.25%
Morningstar rating★★
Inception date30 Dec 2015

Fund operations

Last dividend0.15
Last cap gain4.00
Holdings turnover24.00%
Average for categoryN/A

Fees and expenses

ExpenseDBALXCategory average
Annual report expense ratio (net)0.94%0.84%
Prospectus net expense ratio0.94%N/A
Prospectus gross expense ratio0.94%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