# EDGAR Filing Document

**Accession Number:** 0000842512
**File Stem:** 0001580642-23-001832
**Filing Date:** 2023-3
**Character Count:** 3622
**Document Hash:** cc399c9a9d9cc30ea3c73063cdd1c02a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-23-001832.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001580642-23-001832

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**EFFECTIVENESS DATE**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WILLIAMSBURG INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000842512
- **IRS NUMBER:** 566344591
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-25301
- **FILM NUMBER:** 23788522

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NOTTINGHAM INVESTMENT TRUST /NC/
- **DATE OF NAME CHANGE:** 19940125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NOTTINGHAM INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19940125

## Series and Classes Contracts Data

### Davenport Balanced Income Fund (Series ID: S000052150)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000164143 | Davenport Balanced Income Fund | DBALX           |

**March 31, 2023**

**Davenport Balanced Income Fund (DBALX)**

**Supplement to the Summary Prospectus Dated August 1, 2022,** 

**as Supplemented January 1, 2023**

Effective March 31, 2023, management of the equity portion of the Davenport Balanced Income Fund (the "Fund") transitioned from a committee structure to a dedicated portfolio management team structure and Michael S. Beall, CFA, Adam Bergman, CFA, and George L. Smith, III, CFA, were appointed to serve as the Fund's equity portfolio managers. Prior to March 31, 2023, Mr. Smith and Mr. Beall managed the equity portion of the Fund, along with the other members of the Advisor's Investment Policy Committee. William B. Cleland, CFP, Kevin J. Hopkins, Jr., CFA, and Christopher T. Kelley continue to manage the Fund's fixed income investments.

**Portfolio Managers**

The portfolio managers listed below are jointly and primarily responsible for managing the Fund.

---

| | | | |
|:---|:---|:---|:---|
| **Name** | &nbsp;&nbsp; **Portfolio**<br> **Responsibility** | **Title with the Advisor** | **Length of Service**<br> **to the Fund** |
| Michael S. Beall, CFA | Equity | Executive Vice President & Director | Since inception (2015) |
| Adam Bergman, CFA | Equity | Senior Vice President | Since 2023 |
| William B. Cleland, CFP | Fixed Income | Vice President | Since 2021 |
| Kevin J. Hopkins, Jr., CFA | Fixed Income | Vice President | Since 2020 |
| Christopher T. Kelley | Fixed Income | Vice President | Since inception (2015) |
| George L. Smith, III, CFA | Equity | Senior Vice President & Director | Since inception (2015) |

---

**\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\***

You may obtain copies of the Prospectuses and Statement of Additional Information for The Davenport Funds free of charge on the Funds' website at <u>www.investdavenport.com</u>, by calling toll-free 1-800-281-3217, or by writing to Shareholder Services, P.O. Box 46707, Cincinnati, Ohio 45246-0707.

**This Supplement replaces a previous Supplement**

**Please retain it with your records**