The Davenport Value & Income Fund Q2 2025 Commentary
Source: SeekingAlpha
2025-07-18 06:15:00 ET
Q2 2025 Market Review
The Davenport Value & Income Fund ( DVIPX ) generated a 2.61% total return in the second quarter of 2025, trailing the Russell 1000 Value® Index's 3.79% return over the same time frame. In a sharp reversal versus 90 days ago, investors' preference shifted from value to growth, with the Russell 1000 Value Index significantly lagging the S&P 500 ( SP500 , SPX, +10.94%) and Russell 1000 Growth® indices (+17.84%). For the first half of the year, DVIPX generated a 6.54% total return, modestly outperforming the Russell 1000 Value Index's 6.00% return....
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The Davenport Value & Income Fund Q2 2025 Commentary
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