Are You Invested in Davenport Funds? 1 31.08% DEOPX YTD Return +8.0 % Over Benchmark Russell Mid Cap Index "rdate um as of 7312019 27.84% DSCPX YTD Return +10.18% Over Benchmark Russell 2000 Index- rde w of 01 CONTACT US for more information on the Davenport Funds DEOPX DSCPX I DAVPX | DVIPX I DBALX (757) 258-2803 llurn Specialzing in helping high net worth clients reach their financial goals www.investdavenport.com/allburn ALLURN FINANCIAL CONSULTING 5400 Discovery Park Blvd. Suite 301 Williamsburg. VA 23188 AYOT coPANY L MPORTANT DISCLOSURES Investors should consider the Fund's Investment objectives, risks, charges, and expenses carefully before investing. The Fund's prospectus contains this and other important information, should be ready carefully before investing or sending money, and may be obtained from your Investment Executive, www.investdavenport.com or by calling (800) 846-6666. CEOP ng PomnNet Fees as ot 2 ast Month End 31001 ve Euty Cpportunties 1ar 3a nce pon 20 1Monh aTo 180 YTD 18 180 3108 Rel Md Cp index Resger antyar a a 2308 61 143 147 1102 1.75 The Russel Mdcap Index menues the peomance of the o0 malet companies in he Rutol 100 which prent appomay 25s ofthe total aret captalaon of the Rusel 00 An inor cant ievest n an indes and indes tums ave not inda of the ptomane any so ent osPX Taing Performance Nt of Fees of 7312919 1 Mon aro 1Yr3 ince ption 44 74 Latonh End 731201 Cavengo S C Fou Rwe 2000 d D 10 0 2T 35 a37 au gater han 1 ear ane annuald The Russell 2000 ndes masres the pmance of the 2000 me compashe Rel 3000 n pseng ap y of he emaket capalion the Rusel 3000 Ae er cannot inn inde and ndes tusaet indeve st the pefomanca f any pte inestment Ppemane isogur of tre us vesmentum and pnopa e of estentc so he an nrs hn edeemed may be woth moe or les than their original cot Cunrt perfomance may be ower or igher tan the peromanc d dPte aa ut hemot cet onh ond may besined ty calling 100-2813217 Hdng sutject tbo change wiout ntic Hldngn ane an of ly 31, 201 One by Utms Fued DbsLC50suFD8620 Security and Adory Bervices offeed through Deport&Company LLC Menber NYSE IRA SPC Are You Invested in Davenport Funds? 1 31.08% DEOPX YTD Return +8.0 % Over Benchmark Russell Mid Cap Index "rdate um as of 7312019 27.84% DSCPX YTD Return +10.18% Over Benchmark Russell 2000 Index- rde w of 01 CONTACT US for more information on the Davenport Funds DEOPX DSCPX I DAVPX | DVIPX I DBALX (757) 258-2803 llurn Specialzing in helping high net worth clients reach their financial goals www.investdavenport.com/allburn ALLURN FINANCIAL CONSULTING 5400 Discovery Park Blvd. Suite 301 Williamsburg. VA 23188 AYOT coPANY L MPORTANT DISCLOSURES Investors should consider the Fund's Investment objectives, risks, charges, and expenses carefully before investing. The Fund's prospectus contains this and other important information, should be ready carefully before investing or sending money, and may be obtained from your Investment Executive, www.investdavenport.com or by calling (800) 846-6666. CEOP ng PomnNet Fees as ot 2 ast Month End 31001 ve Euty Cpportunties 1ar 3a nce pon 20 1Monh aTo 180 YTD 18 180 3108 Rel Md Cp index Resger antyar a a 2308 61 143 147 1102 1.75 The Russel Mdcap Index menues the peomance of the o0 malet companies in he Rutol 100 which prent appomay 25s ofthe total aret captalaon of the Rusel 00 An inor cant ievest n an indes and indes tums ave not inda of the ptomane any so ent osPX Taing Performance Nt of Fees of 7312919 1 Mon aro 1Yr3 ince ption 44 74 Latonh End 731201 Cavengo S C Fou Rwe 2000 d D 10 0 2T 35 a37 au gater han 1 ear ane annuald The Russell 2000 ndes masres the pmance of the 2000 me compashe Rel 3000 n pseng ap y of he emaket capalion the Rusel 3000 Ae er cannot inn inde and ndes tusaet indeve st the pefomanca f any pte inestment Ppemane isogur of tre us vesmentum and pnopa e of estentc so he an nrs hn edeemed may be woth moe or les than their original cot Cunrt perfomance may be ower or igher tan the peromanc d dPte aa ut hemot cet onh ond may besined ty calling 100-2813217 Hdng sutject tbo change wiout ntic Hldngn ane an of ly 31, 201 One by Utms Fued DbsLC50suFD8620 Security and Adory Bervices offeed through Deport&Company LLC Menber NYSE IRA SPC