We report on the effect of Co and Ti co-doping on the thermoelectric behavior of Fe 2 VAl based alloys. The doped alloys, (Fe 2Àx Co x )(V 1Ày Ti y )Al, with compositions x ¼ 0:01{0:07 and y ¼ 0:04{0:20 exhibit a p-type thermoelectric property when the total valence electron number is below 24. The co-doping of cobalt and titanium is believed to cause a substantial shift of the Fermi level from the center of the pseuodgap to a lower energy position. In particular, the alloy with x ¼ 0:03 and y ¼ 0:10 exhibits a p-type thermoelectric behavior with a large Seebeck coefficient of S ¼ 85 mV/K as well as a low electrical resistivity of ¼ 2:3 m m at 400 K, so that the power factor, P ¼ S 2 =, reaches 3:2 Â 10 À3 W/m K 2 . The power factor is larger than that of the Ti doped Fe 2 VAl alloy so far reported. The high power factor caused by the co-doping of Co and Ti might be due to a modification in the band structure on the valence band side around the Fermi level. The co-doping of Co and Ti is also effective in reducing the thermal conductivity, mainly due to phonon scattering.