Government Street Equity
GVEQX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- C/O Ultimus Fund Solutions, LLC Cincinnati OH United States of America 45246
- IPO Date
- May 31, 1991
- CIK
- 0000842512
- Website
- governmentstreetfunds.com
- Similar Companies
- Business
- Government Street Equity Fund (GVEQX) is an open-end mutual fund that invests primarily in common stocks and shares of exchange-traded funds (ETFs), with at least 80% of its net assets dedicated to equity securities whose market capitalizations generally fall within the range of the S&P 500 Index; it employs a large-cap blend investment style, emphasizing U.S. stocks across sectors such as technology (approximately 27%), financial services (19%), industrials (11%), consumer cyclical (9%), and healthcare (8%), with top holdings including NVIDIA Corp., Fidelity Inv MM Government I, JPMorgan Chase & Co., Invesco S&P 500 Equal Weight ETF, and Microsoft Corp. The fund maintains a diversified portfolio with about 90% in U.S. stocks, 7% in cash, and minor non-U.S. equity exposure, targeting long-term capital appreciation for individual and institutional investors in the United States. Launched on June 18, 1991, the fund is part of the Williamsburg Investment Trust and is managed by Thomas W. Leavell, who has served as portfolio manager since inception through his firm, Leavell Investment Management, Inc., founded in 1979 and based in Birmingham, Alabama; the fund's administrator is Ultimus Fund Solutions, LLC, in Cincinnati, Ohio, with total net assets of approximately $97 million and a net expense ratio of 0.88%. It offers daily pricing, requires a minimum initial investment of $5,000, and subsequent investments of $100, with no front-end or deferred loads. In recent years, the fund has maintained its core large-blend strategy without major structural changes, acquisitions, or partnerships reported; portfolio turnover remains low at around 12%, supporting a long-term holding approach amid evolving sector weights, such as increased technology exposure aligned with market leaders like NVIDIA. As of late 2025, the fund continues to operate without significant reorganizations, funding rounds, or new product launches, focusing on blend-style equity investments available solely in the U.S. market.