March 2026
Despite the recent small-cap rally being driven largely by lower-quality, more speculative companies, the Davenport Small Cap Focus Fund (DSCPX) continues to distinguish itself with materially higher metrics in quality, profitability, and valuation compared to benchmarks like the Russell 2000 and S&P 600. This reinforces our commitment to owning businesses that prove to be durable throughout market cycles. Click below to read more about DSCPX.