DAVPX – Davenport Core Leaders Fund Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. Under normal circumstances, the fund will invest at least 80% of its net assets in common stocks. The Adviser attempts to control risk through diversification among major market sectors, but at times, may emphasize a particular business sector. The Adviser does not limit the fund to any particular capitalization requirement. It may invest a portion of its assets in small, unseasoned companies. It may invest up to 30% of its net assets in common stocks of foreign issuers when, in the Advisor's opinion, such investments would be advantageous to the fund and help The fund achieves its investment objective.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DAVPX	Davenport Core Leaders Fund	No Load	Open			Jan 15, 1998	$1.27B	0.850%	Average	$5,000	−$68.94M

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