# EDGAR Filing Document

**Accession Number:** 0000842512
**File Stem:** 0001580642-23-000040
**Filing Date:** 2023-1
**Character Count:** 3902
**Document Hash:** 0e55aa34a6727868cb258a04789ecfb3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-23-000040.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001580642-23-000040

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230104

**DATE AS OF CHANGE**: 20230104

**EFFECTIVENESS DATE**: 20230104

**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:** 23504692

**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           |

January 1, 2023

**The Davenport Funds**

**Davenport Balanced Income Fund (DBALX)**

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

Changes to the portfolio management team for the Davenport Balanced Income Fund became effective on January 1, 2023 when Adam Bergman was appointed co-portfolio manager and Investment Policy Committee member. Accordingly, the disclosure in the section *Management of the Fund - Portfolio Managers* on page 6 of the Summary Prospectus is replaced in its entirety as follows:

**Portfolio Managers**

The equity portion of the Balanced Income Fund is managed by members of the Advisor's Investment Policy Committee ("IPC") and the fixed income portion is managed by Kevin J. Hopkins, Jr., CFA, Christopher T. Kelley and William B. Cleland, CFP, subject to oversight by the IPC. The IPC is responsible for determining the Fund's asset allocations among equity and fixed income investments.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Name** | &nbsp;&nbsp;**Title with the Advisor** | &nbsp;&nbsp;**Length of Service to the Fund** |
| &nbsp;&nbsp;\*John P. Ackerly, IV, CFA | &nbsp;&nbsp;Senior Vice President and Director | &nbsp;&nbsp;Since inception (2015) |
| &nbsp;&nbsp;\*Michael S. Beall, CFA | &nbsp;&nbsp;Executive Vice President and Director | &nbsp;&nbsp;Since inception (2015) |
| &nbsp;&nbsp;\*Adam Bergman, CFA | &nbsp;&nbsp;Senior Vice President | &nbsp;&nbsp;Since 2023 |
| &nbsp;&nbsp;\*E. Trigg Brown, Jr. | &nbsp;&nbsp;Executive Vice President and Director | &nbsp;&nbsp;Since inception (2015) |
| &nbsp;&nbsp;\*Robert B. Giles | &nbsp;&nbsp;Executive Vice President and Director | &nbsp;&nbsp;Since inception (2015) |
| &nbsp;&nbsp;\*Christopher G. Pearson, CFA | &nbsp;&nbsp;Senior Vice President and Director | &nbsp;&nbsp;Since 2019 |
| &nbsp;&nbsp;\*Joel M. Ray, CFA | &nbsp;&nbsp;Senior Vice President and Director | &nbsp;&nbsp;Since 2020 |
| &nbsp;&nbsp;\*George L. Smith, III, CFA | &nbsp;&nbsp;Senior Vice President and Director | &nbsp;&nbsp;Since inception (2015) |
| &nbsp;&nbsp;Christopher T. Kelley | &nbsp;&nbsp;Vice President | &nbsp;&nbsp;Since inception (2015) |
| &nbsp;&nbsp;Kevin J. Hopkins, Jr., CFA | &nbsp;&nbsp;Vice President | &nbsp;&nbsp;Since 2020 |
| &nbsp;&nbsp;William B. Cleland, CFP | &nbsp;&nbsp;Vice President | &nbsp;&nbsp;Since 2021 |

---

\*Member of the IPC

**Please retain this Supplement for future reference**