DHPYX: Diamond Hill Mid Cap Y

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

DHPYX Diamond Hill Mid Cap Y


Profile

DHPYX - Profile

Vitals

  • YTD Return -35.2%
  • 3 Yr Annualized Return -9.5%
  • 5 Yr Annualized Return -3.3%
  • Net Assets $167 M
  • Holdings in Top 10 28.2%

52 WEEK LOW AND HIGH

$9.55
$7.89
$14.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.66%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -35.2%
  • 3 Yr Annualized Total Return -8.0%
  • 5 Yr Annualized Total Return -2.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.74%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Diamond Hill Mid Cap Fund
  • Fund Family Name
    Diamond Hill Funds
  • Inception Date
    Dec 31, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeannette Hubbard

Fund Description

The fund, under normal market conditions, invests at least 80% of its net assets in U.S. equity securities with medium market capitalizations that Diamond Hill Capital Management, Inc. ("the Adviser") believes are undervalued. Equity securities consist of common and preferred stocks. Mid cap companies are defined as companies with market capitalizations at the time of purchase between $1.5 billion and $20 billion or in the range of those market capitalizations of companies included in the Russell Midcap Index at the time of purchase.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

DHPYX - Performance

Return Ranking - Trailing

Period DHPYX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.2% -44.8% 0.2% 81.49%
1 Yr -31.5% -92.8% 27.9% 67.62%
3 Yr -9.5%* -57.9% 7.0% 25.14%
5 Yr -3.3%* -39.4% 5.8% 10.56%
10 Yr N/A* -18.6% 9.5% N/A

* Annualized

Return Ranking - Calendar

Period DHPYX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% -92.4% 35.0% 41.10%
2018 -13.0% -36.8% -7.3% 5.14%
2017 8.5% -16.5% 19.3% 40.43%
2016 17.7% -14.6% 28.1% 24.21%
2015 0.2% -36.5% 0.2% 0.67%

Total Return Ranking - Trailing

Period DHPYX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.2% -44.8% 0.2% 81.49%
1 Yr -31.5% -92.8% 20.9% 67.62%
3 Yr -8.0%* -57.7% 7.0% 37.28%
5 Yr -2.0%* -39.0% 6.4% 26.07%
10 Yr N/A* -18.4% 9.8% N/A

* Annualized

Total Return Ranking - Calendar

Period DHPYX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% -92.4% 35.0% 41.10%
2018 -10.2% -32.7% -4.1% 9.19%
2017 10.5% -3.5% 26.9% 69.91%
2016 18.8% -2.5% 29.0% 36.16%
2015 0.8% -29.2% 5.0% 5.67%

NAV & Total Return History


Holdings

DHPYX - Holdings

Concentration Analysis

DHPYX Category Low Category High DHPYX % Rank
Net Assets 167 M 708 K 17 B 71.87%
Number of Holdings 58 3 2510 69.57%
Net Assets in Top 10 67.1 M 157 K 3.02 B 64.19%
Weighting of Top 10 28.23% 6.7% 99.9% 28.64%

Top 10 Holdings

  1. Loews Corp 4.66%
  2. Post Holdings Inc 3.51%
  3. BorgWarner Inc 2.85%
  4. Red Rock Resorts Inc A 2.82%
  5. Willis Towers Watson PLC 2.64%
  6. CubeSmart 2.45%
  7. Kirby Corp 2.39%
  8. UGI Corp 2.39%
  9. Liberty Formula One Group C 2.30%
  10. Colfax Corp 2.22%

Asset Allocation

Weighting Return Low Return High DHPYX % Rank
Stocks
91.04% 89.25% 100.67% 99.49%
Cash
8.04% -0.09% 10.75% 2.05%
Bonds
0.92% 0.00% 1.82% 1.79%
Preferred Stocks
0.00% 0.00% 0.26% 56.01%
Other
0.00% -0.58% 3.69% 55.50%
Convertible Bonds
0.00% 0.00% 0.00% 55.24%

Stock Sector Breakdown

Weighting Return Low Return High DHPYX % Rank
Financial Services
29.78% 1.68% 30.11% 1.28%
Industrials
15.79% 1.93% 27.16% 35.81%
Consumer Cyclical
13.34% 2.75% 27.77% 37.08%
Consumer Defense
8.75% 0.00% 23.89% 20.97%
Real Estate
8.48% 0.00% 19.27% 51.92%
Basic Materials
6.88% 0.00% 17.04% 20.20%
Technology
5.35% 0.00% 20.84% 92.33%
Utilities
3.95% 0.00% 14.73% 74.42%
Energy
2.87% 0.00% 24.42% 87.21%
Communication Services
2.53% 0.00% 19.19% 53.45%
Healthcare
2.30% 0.00% 40.84% 96.68%

Stock Geographic Breakdown

Weighting Return Low Return High DHPYX % Rank
US
88.40% 81.41% 99.87% 89.77%
Non US
2.64% 0.00% 16.30% 51.66%

Bond Sector Breakdown

Weighting Return Low Return High DHPYX % Rank
Cash & Equivalents
89.74% 0.00% 100.00% 91.75%
Securitized
9.40% 0.00% 22.33% 1.80%
Corporate
0.47% 0.00% 100.00% 8.25%
Government
0.40% 0.00% 17.35% 3.09%
Derivative
0.00% 0.00% 0.00% 55.15%
Municipal
0.00% 0.00% 0.00% 55.15%

Bond Geographic Breakdown

Weighting Return Low Return High DHPYX % Rank
US
0.90% 0.00% 1.78% 1.79%
Non US
0.02% 0.00% 0.04% 1.79%

Expenses

DHPYX - Expenses

Operational Fees

DHPYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.07% 27.75% 92.86%
Management Fee 0.60% 0.00% 1.25% 19.69%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.01% 0.47% 14.91%

Sales Fees

DHPYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DHPYX 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.

DHPYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 6.00% 204.00% 22.45%

Distributions

DHPYX - Distributions

Dividend Yield Analysis

DHPYX Category Low Category High DHPYX % Rank
Dividend Yield 0.00% 0.00% 14.96% 56.52%

Dividend Distribution Analysis

DHPYX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

DHPYX Category Low Category High DHPYX % Rank
Net Income Ratio 0.74% -0.89% 4.05% 68.73%

Capital Gain Distribution Analysis

DHPYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

DHPYX - Fund Manager Analysis

Managers

Jeannette Hubbard


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.25

6.3%

Jeannette M. Hubbard, CFA—Jenny Hubbard serves as an assistant portfolio manager for Diamond Hill. She joined Diamond Hill in 2007. From 2003 to 2006, Hubbard was a member of the Global Securitization Strategy Group at ABN Amro/LaSalle Bank. From 2001 to 2003, she was a senior equity research analyst at Avondale Partners, LLC. From 2000 to 2001, Hubbard was a vice president of Underwriting at The School Company, LLC. From 1996 to 2000, she was an analyst and assistant treasurer at Prologis Trust. Hubbard has a BA in English with an emphasis in Economics from the University of Colorado and an MA in International Economic Development Policy from Stanford University.

Chris Bingaman


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.25

6.3%

Mr. Bingaman has a Bachelor of Arts degree in Finance (cum laude) from Hillsdale College, a Masters degree in Business Administration from the University of Notre Dame and holds the CFA designation. He has been an investment professional with the Adviser since March 2001. He was named the President of the Adviser in January 2014 and Chief Executive Officer of the Adviser in January 2016, and he also currently serves as a Portfolio Manager for the Adviser. From 1998 to March 2001, Mr. Bingaman was a Senior Equity Analyst for Villanova Capital/Nationwide Insurance. In 1997, Mr. Bingaman was an Equity Analyst for Dillon Capital Management, an investment advisory firm.

Christopher Welch


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.25

6.3%

Chris serves as Co-Chief Investment Officer and Portfolio Manager for Diamond Hill Capital Management, Inc. He joined Diamond Hill in 2005. From 2004 to 2005, Chris was a Portfolio Manager with Fiduciary Trust Company International. From 2002 to 2004, Chris was a private investor. From 1995 to 2002, Chris was a Portfolio Manager and Senior Equity Analyst for Nationwide Insurance and affiliates. Chris has a Bachelor of Arts in Economics from Yale University (summa cum laude).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.42 7.42 8.76