The Davenport Asset Administration Fastened Revenue crew manages 5 fashions with oversight by the Funding Coverage Committee (IPC). The crew takes a dynamic method to managing rate of interest and credit score threat with a conservative focus designed to satisfy particular person consumer wants.
Vital Disclosures
Disclosures: Any opinions expressed listed here are statements of judgment on this date and are topic to future change with out discover. This data could comprise ahead trying predictions which can be topic to sure dangers and uncertainties which may trigger precise outcomes to vary materially from these at the moment anticipated or projected. The knowledge contained herein has been compiled from sources believed to be dependable; nevertheless, there is no such thing as a assure of its accuracy or completeness.
BLOOMBERG® is a trademark and repair mark of Bloomberg Finance L.P. and its associates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors personal all proprietary rights within the Bloomberg Indices. Bloomberg doesn’t approve or endorse this materials or assure the accuracy or completeness of any data herein, nor does Bloomberg make any guarantee, specific or implied, as to the outcomes to be obtained therefrom, and, to the utmost extent allowed by legislation, Bloomberg shall not have any legal responsibility or accountability for damage or damages arising in connection therewith.
Mutual Fund investing includes threat, principal loss is feasible. An investor ought to contemplate the fund’s funding targets, dangers and prices and bills rigorously earlier than investing. The fund’s prospectus incorporates this and different essential data. You might get hold of a duplicate of the fund’s prospectus by calling (888) 285-1863. Buyers ought to learn the prospectus rigorously and talk about their targets with a certified funding skilled earlier than deciding to speculate.
Distributed by Ultimus Fund Distributors, LLC.
*The Present Expense Ratio is the expense ratio as a share of the Fund’s common every day web property as of the date listed above. The Present Expense Ratio could fluctuate primarily based upon a variety of elements, together with modifications within the Fund’s web property.
Danger Disclosures:
DAVPX – The fund could not obtain its goal and/or you possibly can lose cash in your funding within the fund. Inventory markets and investments in particular person shares are unstable and might decline considerably in response to market, international securities, small firm, change traded fund, funding type and administration dangers.
DVIPX – The fund could not obtain its goal and/or you possibly can lose cash in your funding within the fund. Inventory markets and investments in particular person shares are unstable and might decline considerably in response to market, international securities, small firm, change traded fund, funding type and administration dangers. There isn’t any assure that an organization will proceed to pay a dividend.
DEOPX – The fund could not obtain its goal and/or you possibly can lose cash in your funding within the fund. Inventory markets and investments in particular person shares are unstable and might decline considerably in response to market, international securities, small firm, change traded fund, funding type and administration dangers. Small and mid cap firm shares could also be extra unstable than shares of bigger, extra established firms.
DSCPX – The fund could not obtain its goal and/or you possibly can lose cash in your funding within the fund. Inventory markets and investments in particular person shares are unstable and might decline considerably in response to market, international securities, small firm, change traded fund, funding type and administration dangers. Small and mid cap firm shares could also be extra unstable than shares of bigger, extra established firms.
DBALX – Investments in debt devices could decline in worth as the results of declines within the credit score high quality of the issuer, borrower, counterparty, or different entity accountable for fee, underlying collateral, or modifications in financial, political, issuer-specific, or different situations. Sure sorts of debt devices might be extra delicate to those elements and subsequently extra unstable. As well as, debt devices entail rate of interest threat (as rates of interest rise, costs normally fall), subsequently the Fund’s share value could decline throughout rising charges. Funds that encompass debt devices with longer durations are typically extra delicate to an increase in rates of interest than these with shorter durations. Investments in under funding grade high quality debt devices might be extra unstable and have larger threat of default, or already be in default, than higher-quality debt devices. Investments in municipal devices might be unstable and considerably affected.
DBUYX – The fund could not obtain its goal and/or you possibly can lose cash in your funding within the fund. Inventory markets and investments in particular person shares are unstable and might decline considerably in response to market, international securities, small firm, change traded fund, funding type and administration dangers. Small and mid cap firm shares could also be extra unstable than shares of bigger, extra established firms.
Please see the prospectus for additional data on these and different threat concerns.
Efficiency proven is historic and is not any assure of future outcomes. Investing in securities carries threat together with the potential lack of principal. Efficiency is proven web of charges.
Index Definitions: U.S. Giant Caps represented by the S&P 500 Whole Return Index . U.S. Mid Caps represented by the Russell Midcap Index . U.S. Small Caps represented by the Russell 2000 Index . Worldwide Developed Markets represented by the MSCI EAFE Index . Rising Markets represented by the MSCI EM Index . Intermediate Time period Bonds represented by the Bloomberg Intermediate Authorities/Credit score Index .
The S&P 500 Index is comprised of 500 U. S. shares and is an indicator of the efficiency of the general U.S. inventory market. An index will not be obtainable for direct funding; subsequently its efficiency doesn’t mirror the bills, charges and taxes typically paid with the energetic administration of an precise portfolio. Customary & Poor’s Monetary Providers LLC, a division of S&P World, is the supply and proprietor of the registered logos associated to the S&P 500 Index. The Russell 2000® Index measures the efficiency of the two,000 smallest firms within the Russell 3,000 index, representing roughly 8% of the full market capitalization of the Russell 3000. The Russell 1000® Development Index measures the efficiency of the Russell 1000 firms with greater price-to-book ratios and better forecasted development values. The Russell 1000® Worth Index measures the efficiency of the Russell 1000 firms with decrease price-to-book ratios and decrease forecasted development values. The Russell Midcap® Index measures the efficiency of the 800 smallest firms within the Russell 1000, which signify roughly 25% of the full market capitalization of the Russell 1000. The Russell 2000® Index and Russell Midcap® Index are trademark/service marks of the Frank Russell Co. London Inventory Change Group PLC and its group undertakings (collectively, the “LSE Group”). © LSE Group 2025. FTSE Russell is a buying and selling identify of sure LSE Group firms. “Russell®” is a commerce mark of the related LSE Group firms and is utilized by some other LSE Group firm beneath license. All rights within the FTSE Russell indexes or information vest in related LSE Group firm which owns the index or the information. Neither LSE Group nor its licensors settle for any legal responsibility for any errors or omissions within the indexes or information and no social gathering could depend on any indexes or information contained on this communication. No additional distribution of information from LSE Group is permitted with out the related LSE Group firm’s specific written consent. The LSE Group doesn’t promote/sponsor/endorse the content material of this communication. The MSCI Europe, Australia and Far East (MSCI EAFE) Index is an unmanaged index composed of the shares of roughly 1,000 firms traded on 20 inventory exchanges from world wide, excluding the U.S., Canada, and Latin America. The MSCI Rising Markets (MSCI EM) Index is a capitalization-weighted index of shares from 26 rising markets that solely contains points which may be traded by international traders. The reported returns mirror equities priced in US {dollars} and don’t embrace the results of reinvested dividends. The Bloomberg Intermediate Authorities/Credit score Index is an unmanaged index composed of debt securities with maturities from one to 10 years issued or assured by the U.S. Treasury, U.S. Authorities companies, quasi-federal firms and glued fee greenback denominated SEC-registered company debt which can be rated funding grade or greater by Moody’s Buyers Service and Customary and Poor’s Company or Fitch Investor’s Service, in that order. The Bloomberg US Authorities/Credit score Bond Index is a broad-based flagship benchmark that measures the non-secured part of the US Combination Index. The Bloomberg Municipal 1-10 12 months Mix 1-12 12 months Index measures the efficiency of quick and intermediate parts of the Municipal Bond Index. The Bloomberg 1-5 12 months Authorities/Credit score Index measures the efficiency of U.S. greenback denominated U.S. Treasury bonds, authorities associated bonds (i.e., U.S. and non-U.S. companies, sovereign, quasi-sovereign, supranational and native authority debt) and funding grade U.S. company bonds which have a remaining maturity of larger than or equal to at least one 12 months and fewer than 5 years. The Bloomberg 1-3 12 months US Authorities/Credit score Whole Return Index measures the efficiency of US Treasury securities which have a maturity starting from 1-3 years. This can be utilized as a benchmark for short-term maturity fastened revenue securities. The Bloomberg U.S. Company Excessive Yield Bond Index measures the USD-denominated, excessive yield, fixed-rate company bond market. The S&P 500® Equal Weight Index (EWI) is the equal-weight model of the widely-used S&P 500. The index contains the identical constituents because the capitalization weighted S&P 500, however every firm within the S&P 500 EWI is allotted a set weight – or 0.2% of the index whole at every quarterly rebalance. An investor can not spend money on these indices and their returns usually are not indicative of the efficiency of any particular funding.
