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Morningstar

Davenport Balanced Income DBALX

Morningstar Medalist Rating
Medalist Rating as of | See Davenport Investment Hub
  • NAV / 1-Day Return 12.71  /  +0.47 %
  • Total Assets 223.2 Mil
  • Adj. Expense Ratio
    0.940%
  • Expense Ratio 0.940%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.31%
  • Turnover 24%

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0

Morningstar’s Analysis DBALX

Will DBALX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DBALX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DBALX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DBALX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Davenport Balanced Income to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DBALX

More DBALX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Meta Platforms Inc 4.95%

2.23 5.1 Mil
Corporate

United States Treasury Notes 2.75%

2.06 4.7 Mil
Government

Johnson & Johnson

1.98 4.5 Mil
Healthcare

United States Treasury Notes 0.25%

1.96 4.5 Mil
Cash and Equivalents

Oracle Corp

1.94 4.4 Mil
Technology

Fairfax Financial Holdings Ltd Shs Subord.Vtg

1.79 4.1 Mil
Financial Services

Bank of Montreal 5.92%

1.77 4.0 Mil
Corporate

NextEra Energy Inc

1.77 4.0 Mil
Utilities

United States Treasury Notes 4.625%

1.77 4.0 Mil
Government

Verisign, Inc. 5.25%

1.73 3.9 Mil
Corporate