A nine-year-old mutual fund shop is about to shut down its flagship fund.

Bill Davlin Davlin Philanthropic Funds Founder, President and Trustee

On September 30, per a recent SEC filing, the Davlin Philanthropic Fund will shut down. The one-star, $9.9-million mutual fund is managed by Wayland, Massachusetts-based Davlin Fund Advisors [profile], which is itself a non-profit that annually donates part of its advisory fees to charities ("with guidance from the Fund's individual investors").

Bill Davlin, president of his eponymous fund firm and PM of the fund, did not return calls for comment on the planned liquidation.

Davlin, a former Royce Funds analyst, founded Davlin Fund Advisors in 2007, and his mutual fund launched in 2008.  

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