DCVCX — Dupont Capital Value Creators Large Cap Fund

DCVCX Fund Overview

DCVCX — Dupont Capital Value Creators Large Cap Fund is a US mutual fund managed by FundVantage Trust, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: FundVantage Trust
• Category: United States Large Cap Value Equity
• Assets under management: $2.88M
• Ticker: DCVCX
• SEC CIK: 0001388485
• SEC series ID: S000079369
• Share class ID: C000240380

DCVCX Investment Objective and Strategy

Dupont Capital Value Creators Large Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by FundVantage Trust.

Investment objective

The DuPont Capital Value Creators Large Cap Fund (the Fund) seeks long-term capital appreciation.

Principal investment strategy

The Fund, under normal market conditions, primarily invests in the equity securities of large cap U.S. companies that DuPont Capital Management Corporation (the Adviser) believes are undervalued. A large cap company is a company with a market capitalization of at least $10 billion at the time of purchase. The Adviser intends to concentrate the Funds investments in 40 to 50 securities. Within the U.S. large cap space, the Adviser will invest in companies that the Adviser believes has strong franchises, significant free cash flow (FCF) generation power, and value-generating capital allocation policies. The Adviser believes that the strategic use of cash exceeding a companys organic growth needs can have a significant impact on the long-term value of an investment and that high-quality, reasonably priced equities with high levels of FCF generating power are best identified using a fundamental research approach supplemented by proprietary quantitative screens.

The Fund will typically invest in U.S. large cap equity securities through the use of a discount to intrinsic value-based strategy. Investments will typically be focused on companies that, in the Advisers opinion, have a favorable competitive environment, excellent management teams, superior fundamental outlooks, and return incentives well-aligned with shareholders. Through in-depth fundamental research supplemented by quantitative screening, the Fund will target investments possessing these characteristics which, in the Advisers opinion, have the greatest potential to generate superior per share value creation throughout economic cycles. These value creating characteristics will be combined with valuation measures to determine optimal investments for the Fund. Under normal circumstances, the Fund will invest at least 80% of its total assets in large cap equity securities.

Equity securities include common stocks, depositary receipts evidencing ownership of common stocks, certain preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks (e.g., rights and warrants). The Fund may use derivatives such as equity options, futures contracts or total return swaps referencing single stocks or stock indices to create or hedge equity exposure. The Fund is considered to be non-diversified which means that it may invest in fewer issuers than a diversified fund.

DCVCX Costs and Fees

DCVCX costs about $85 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.85%
• Gross expense ratio: 1.39%

DCVCX Cashflows

Over the 12 months to 2023-06, Dupont Capital Value Creators Large Cap Fund had net inflows of $2.54M, from monthly SEC N-PORT filings.

DCVCX Debt Constituents

No individual debt constituents are reported in Dupont Capital Value Creators Large Cap Fund's latest SEC N-PORT filing.

DCVCX Prospectus and SEC Filings

Official Dupont Capital Value Creators Large Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2022-12-23
• Portfolio holdings (N-PORT) — filed 2023-08-21
• Portfolio holdings (N-PORT) — filed 2023-05-26

Related Funds

Other United States Large Cap Value Equity funds tracked on ABC INVEST:

• Vanguard Value Index Fund (VIVAX)
• Washington Mutual Investors Fund (AWSHX)
• Investment CO Of America (AIVSX)
• American Mutual Fund (AMRMX)
• Vanguard High Dividend Yield Index Fund (VYM)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.