Government Street Mid-Cap Fund
GVMCX
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
FRC
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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
- 225 Pictoria Drive, Suite 450 Cincinnati OH United States of America 45246
- IPO Date
- Nov 18, 2003
- CIK
- 0000842512
- Similar Companies
- Business
- Government Street Opportunities Fund (GVMCX) is a no-load, open-end mutual fund that seeks capital appreciation through investments emphasizing common stocks of mid-cap companies and shares of exchange-traded funds (ETFs) that invest primarily in common stocks of mid-cap companies; under normal circumstances, at least 80% of the fund's net assets, including any borrowings for investment purposes, are invested in such securities with market capitalizations generally within the range of the S&P MidCap 400 Index at the time of purchase. The fund, formerly known as Government Street Mid-Cap Fund, offers investors exposure to a diversified portfolio typically comprising 84 holdings across sectors such as technology, consumer defensive, basic materials, financial services, real estate, and industrials, including top positions in NVIDIA Corp, Fidelity Inv MM Government I, SPDR S&P MIDCAP 400 ETF Trust, Celsius Holdings Inc, and Steel Dynamics Inc; it features a low portfolio turnover of 9%, a net expense ratio of approximately 1.05%-1.07%, a minimum initial investment of $5,000, and semi-annual payouts with a TTM yield of 0.71%. Managed within the mid-cap blend category with a mid-growth investment style, the fund targets individual investors, institutions, and financial professionals seeking mid-cap equity growth. Launched on November 17, 2003, as a series of The Williamsburg Investment Trust, the fund is headquartered in Mobile, Alabama, and managed by Leavell Investment Management, Inc., located at 210 Saint Joseph Street, Mobile, Alabama 36602, with Thomas W. Leavell serving as lead portfolio manager since inception and president of the Government Street Funds. Leavell Investment Management, established in 1979 and formerly T. Leavell & Associates, Inc., serves as the investment adviser, receiving compensation at an annual rate of 0.75% of the fund's daily average net assets; the firm oversees approximately $2.2 billion in discretionary assets under management as of late 2023 and also manages the related Government Street Equity Fund (GVEQX). The fund operates primarily in the United States, with total net assets of around $70-79 million and availability through platforms like NASDAQ. No major acquisitions, funding rounds, partnerships, new product launches, or strategic shifts have been publicly reported for the fund in the last 1-2 years; it maintains its core mid-cap focus with ongoing portfolio adjustments reflected in recent holdings and performance updates through 2025. Recent performance includes a 1-year total return of 7.30%, YTD return of 12.19% as of late 2025, and an inception-to-date average annual return of 13.46%, positioning it competitively within its peer group amid stable management and low turnover. The fund remains an open series of The Williamsburg Trust, with administrative services potentially supported by entities like Ultimus Fund Solutions, LLC in Cincinnati, Ohio.