Diamond Hill Short Duration Securitized Bond Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.5%
1 yr return
9.6%
3 Yr Avg Return
2.8%
5 Yr Avg Return
3.3%
Net Assets
$1.61 B
Holdings in Top 10
16.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 48.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DHEIX - Profile
Distributions
- YTD Total Return 2.5%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 3.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.50%
- Dividend Yield 6.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDiamond Hill Short Duration Securitized Bond Fund
-
Fund Family NameDiamond Hill Funds
-
Inception DateJul 05, 2016
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHenry Song
Fund Description
DHEIX - Performance
Return Ranking - Trailing
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -5.2% | 11.2% | 2.00% |
1 Yr | 9.6% | -4.3% | 25.2% | 1.64% |
3 Yr | 2.8%* | -7.0% | 4.0% | 1.49% |
5 Yr | 3.3%* | -4.5% | 4.2% | 2.79% |
10 Yr | N/A* | -19.2% | 169.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.0% | -5.4% | 7.6% | 16.97% |
2022 | -6.8% | -17.7% | -2.6% | 45.08% |
2021 | 0.1% | -4.0% | 4.4% | 4.02% |
2020 | -0.3% | -8.3% | 7.6% | 93.14% |
2019 | 0.7% | -2.3% | 9.3% | 97.57% |
Total Return Ranking - Trailing
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -5.2% | 11.2% | 2.00% |
1 Yr | 9.6% | -4.3% | 25.2% | 1.64% |
3 Yr | 2.8%* | -7.0% | 4.0% | 1.49% |
5 Yr | 3.3%* | -4.5% | 4.2% | 2.79% |
10 Yr | N/A* | -19.2% | 169.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -1.1% | 15.2% | 1.82% |
2022 | -3.4% | -17.3% | -1.3% | 11.50% |
2021 | 2.5% | -2.7% | 7.7% | 4.79% |
2020 | 3.1% | -4.4% | 14.5% | 84.71% |
2019 | 4.8% | 0.6% | 12.6% | 42.51% |
NAV & Total Return History
DHEIX - Holdings
Concentration Analysis
DHEIX | Category Low | Category High | DHEIX % Rank | |
---|---|---|---|---|
Net Assets | 1.61 B | 14.5 K | 57.3 B | 44.40% |
Number of Holdings | 408 | 2 | 9251 | 48.74% |
Net Assets in Top 10 | 259 M | 1.16 M | 6.6 B | 46.39% |
Weighting of Top 10 | 16.04% | 1.8% | 108.7% | 74.19% |
Top 10 Holdings
- State Street Institutional Liquid Reserves Fund, Premier Class 3.89%
- Multifamily Structured Credit Risk Series 2021-MN2, Class M2 2.12%
- Government National Mortgage Association Series 2023-112, Class ET 2.04%
- Progress Residential Trust Series 2020-SFR1, Class A 1.61%
- Mercury Financial LLC Series 22-1A Class A 1.43%
- Federal Home Loan Mortgage Corporation Series 2021-MN3, Class M1 1.09%
- State Street Navigator Securities Lending Portfolio I 1.09%
- TVC Mortgage Trust Series 2023-RTL1, Class A2 0.93%
- Antler Mortgage Trust Series 2021-RTL1, Class M 0.93%
- Federal Home Loan Mortgage Corporation Series 2021-MN2, Class M1 0.92%
Asset Allocation
Weighting | Return Low | Return High | DHEIX % Rank | |
---|---|---|---|---|
Other | 72.36% | -0.97% | 72.36% | 0.54% |
Bonds | 22.79% | 0.00% | 130.36% | 92.96% |
Cash | 4.98% | -20.59% | 62.18% | 29.60% |
Convertible Bonds | 0.39% | 0.00% | 27.71% | 89.15% |
Stocks | 0.00% | 0.00% | 103.64% | 98.19% |
Preferred Stocks | 0.00% | 0.00% | 22.27% | 97.65% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DHEIX % Rank | |
---|---|---|---|---|
Securitized | 87.42% | 0.00% | 97.27% | 0.90% |
Corporate | 6.01% | 0.00% | 100.00% | 97.83% |
Government | 5.02% | 0.00% | 73.63% | 82.64% |
Cash & Equivalents | 4.98% | 0.00% | 62.18% | 26.71% |
Derivative | 0.00% | -0.55% | 28.01% | 85.20% |
Municipal | 0.00% | 0.00% | 17.46% | 99.28% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DHEIX % Rank | |
---|---|---|---|---|
US | 22.79% | 0.00% | 130.36% | 92.06% |
Non US | 0.00% | 0.00% | 83.16% | 98.74% |
DHEIX - Expenses
Operational Fees
DHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.52% | 0.01% | 3.24% | 67.40% |
Management Fee | 0.35% | 0.00% | 1.19% | 62.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.17% | 0.01% | 0.50% | 84.28% |
Sales Fees
DHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
Trading Fees
DHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 48.00% | 2.00% | 500.00% | 26.80% |
DHEIX - Distributions
Dividend Yield Analysis
DHEIX | Category Low | Category High | DHEIX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.52% | 0.00% | 10.67% | 2.35% |
Dividend Distribution Analysis
DHEIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DHEIX | Category Low | Category High | DHEIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.50% | -1.27% | 4.98% | 5.17% |
Capital Gain Distribution Analysis
DHEIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.053 | OrdinaryDividend |
Feb 29, 2024 | $0.052 | OrdinaryDividend |
Jan 31, 2024 | $0.053 | OrdinaryDividend |
Dec 29, 2023 | $0.049 | OrdinaryDividend |
Nov 30, 2023 | $0.047 | OrdinaryDividend |
Oct 31, 2023 | $0.053 | OrdinaryDividend |
Sep 29, 2023 | $0.045 | OrdinaryDividend |
Aug 31, 2023 | $0.045 | OrdinaryDividend |
Jul 31, 2023 | $0.044 | OrdinaryDividend |
Jun 30, 2023 | $0.043 | OrdinaryDividend |
May 31, 2023 | $0.043 | OrdinaryDividend |
Apr 28, 2023 | $0.042 | OrdinaryDividend |
Mar 31, 2023 | $0.039 | OrdinaryDividend |
Feb 28, 2023 | $0.040 | OrdinaryDividend |
Jan 31, 2023 | $0.045 | OrdinaryDividend |
Dec 30, 2022 | $0.036 | OrdinaryDividend |
Nov 30, 2022 | $0.035 | OrdinaryDividend |
Oct 31, 2022 | $0.034 | OrdinaryDividend |
Sep 30, 2022 | $0.036 | OrdinaryDividend |
Aug 31, 2022 | $0.032 | OrdinaryDividend |
Jul 29, 2022 | $0.029 | OrdinaryDividend |
Jun 30, 2022 | $0.031 | OrdinaryDividend |
May 31, 2022 | $0.026 | OrdinaryDividend |
Apr 29, 2022 | $0.025 | OrdinaryDividend |
Mar 31, 2022 | $0.024 | OrdinaryDividend |
Feb 28, 2022 | $0.020 | OrdinaryDividend |
Jan 31, 2022 | $0.022 | OrdinaryDividend |
Nov 30, 2021 | $0.020 | OrdinaryDividend |
Oct 29, 2021 | $0.019 | OrdinaryDividend |
Sep 30, 2021 | $0.018 | OrdinaryDividend |
Aug 31, 2021 | $0.019 | OrdinaryDividend |
Jul 30, 2021 | $0.022 | OrdinaryDividend |
Jun 29, 2021 | $0.020 | OrdinaryDividend |
May 28, 2021 | $0.020 | OrdinaryDividend |
Apr 30, 2021 | $0.029 | OrdinaryDividend |
Mar 31, 2021 | $0.027 | OrdinaryDividend |
Feb 26, 2021 | $0.022 | OrdinaryDividend |
Jan 29, 2021 | $0.024 | OrdinaryDividend |
Dec 31, 2020 | $0.022 | OrdinaryDividend |
Nov 30, 2020 | $0.024 | OrdinaryDividend |
Oct 30, 2020 | $0.024 | OrdinaryDividend |
Sep 30, 2020 | $0.025 | OrdinaryDividend |
Aug 31, 2020 | $0.027 | OrdinaryDividend |
Jul 31, 2020 | $0.027 | OrdinaryDividend |
Jun 30, 2020 | $0.027 | OrdinaryDividend |
May 29, 2020 | $0.028 | OrdinaryDividend |
Apr 30, 2020 | $0.029 | OrdinaryDividend |
Mar 31, 2020 | $0.034 | OrdinaryDividend |
Feb 28, 2020 | $0.026 | OrdinaryDividend |
Jan 31, 2020 | $0.032 | OrdinaryDividend |
Dec 31, 2019 | $0.032 | OrdinaryDividend |
Nov 29, 2019 | $0.036 | OrdinaryDividend |
Oct 31, 2019 | $0.036 | OrdinaryDividend |
Sep 30, 2019 | $0.032 | OrdinaryDividend |
Aug 30, 2019 | $0.042 | OrdinaryDividend |
Jul 31, 2019 | $0.040 | OrdinaryDividend |
Jun 28, 2019 | $0.030 | OrdinaryDividend |
May 31, 2019 | $0.031 | OrdinaryDividend |
Apr 30, 2019 | $0.030 | OrdinaryDividend |
Mar 29, 2019 | $0.033 | OrdinaryDividend |
Feb 28, 2019 | $0.030 | OrdinaryDividend |
Jan 31, 2019 | $0.033 | OrdinaryDividend |
Dec 31, 2018 | $0.032 | OrdinaryDividend |
Nov 30, 2018 | $0.032 | OrdinaryDividend |
Oct 31, 2018 | $0.034 | OrdinaryDividend |
Sep 28, 2018 | $0.029 | OrdinaryDividend |
Aug 31, 2018 | $0.032 | OrdinaryDividend |
Jul 31, 2018 | $0.033 | OrdinaryDividend |
Jun 29, 2018 | $0.028 | OrdinaryDividend |
May 31, 2018 | $0.032 | OrdinaryDividend |
Apr 30, 2018 | $0.030 | OrdinaryDividend |
Mar 29, 2018 | $0.030 | OrdinaryDividend |
Feb 28, 2018 | $0.030 | OrdinaryDividend |
Jan 31, 2018 | $0.028 | OrdinaryDividend |
Dec 29, 2017 | $0.030 | OrdinaryDividend |
Nov 30, 2017 | $0.030 | OrdinaryDividend |
Oct 31, 2017 | $0.029 | OrdinaryDividend |
Sep 29, 2017 | $0.026 | OrdinaryDividend |
Aug 31, 2017 | $0.030 | OrdinaryDividend |
Jul 28, 2017 | $0.030 | OrdinaryDividend |
Jun 30, 2017 | $0.029 | OrdinaryDividend |
May 31, 2017 | $0.029 | OrdinaryDividend |
Apr 28, 2017 | $0.027 | OrdinaryDividend |
Mar 31, 2017 | $0.027 | OrdinaryDividend |
Feb 28, 2017 | $0.025 | OrdinaryDividend |
Jan 31, 2017 | $0.024 | OrdinaryDividend |
Dec 30, 2016 | $0.025 | OrdinaryDividend |
Nov 30, 2016 | $0.023 | OrdinaryDividend |
Oct 31, 2016 | $0.021 | OrdinaryDividend |
Sep 30, 2016 | $0.018 | OrdinaryDividend |
Aug 30, 2016 | $0.009 | OrdinaryDividend |
DHEIX - Fund Manager Analysis
Managers
Henry Song
Start Date
Tenure
Tenure Rank
Jul 05, 2016
5.91
5.9%
Henry serves as a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2016. Prior to joining Diamond Hill, Henry was a Portfolio Manager at J.P. Morgan Asset Management from 2005 to 2016. Henry has a Bachelor of Business Administration from the University of Michigan.
Mark Jackson
Start Date
Tenure
Tenure Rank
Jul 05, 2016
5.91
5.9%
Mark serves as a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2016. Prior to joining Diamond Hill, Mark was Managing Director and Portfolio Manager at J.P. Morgan Asset Management from 1996 to 2016. From 1993 to 1995, he was a Portfolio Manager for Alexander Hamilton Life Insurance Company. From 1985 to 1993, Mark was a Portfolio Manager for Public Employees Retirement System of Ohio. Mark has a Bachelor of Science in Finance from Miami University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.14 | 2.41 |