DIAMX: Diamond Hill Long-Short Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$29.84

-

0.16%

$0.05

1.83%

Vitals

YTD Return

15.3%

1 yr return

28.1%

3 Yr Avg Return

8.6%

5 Yr Avg Return

8.0%

Net Assets

$2.09 B

Holdings in Top 10

34.3%

52 WEEK LOW AND HIGH

$29.51
$22.78
$30.41

Expenses

OPERATING FEES

Expense Ratio 1.83%

SALES FEES

Front Load 5.00%

Deferred Load N/A

TRADING FEES

Turnover 65.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Long-Short Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$29.84

-

0.16%

$0.05

1.83%

DIAMX - Profile

Distributions

  • YTD Total Return 15.3%
  • 3 Yr Annualized Total Return 8.6%
  • 5 Yr Annualized Total Return 8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.09%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Diamond Hill Long-Short Fund
  • Fund Family Name
    Diamond Hill Funds
  • Inception Date
    Jun 30, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chuck Bath

Fund Description

The fund invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued and selling short U.S. equity securities of any size capitalization the Adviser believes are overvalued. The Adviser focuses on estimating a company's value independent of its current stock price. The fund also will sell securities short. Short sales are effected when it is believed that the price of a particular security will decline, and involves the sale of a security which the fund does not own in hopes of purchasing the same security at a later date at a lower price.


DIAMX - Performance

Return Ranking - Trailing

Period DIAMX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -24.0% 36.0% 23.65%
1 Yr 28.1% -17.9% 67.9% 14.36%
3 Yr 8.6%* -10.3% 22.3% 33.87%
5 Yr 8.0%* -4.9% 20.5% 41.42%
10 Yr 8.3%* -5.8% 12.0% 25.42%

* Annualized

Return Ranking - Calendar

Period DIAMX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.5% -47.6% 88.4% 74.36%
2019 15.4% -20.3% 62.6% 13.98%
2018 -11.6% -53.1% 12.7% 66.10%
2017 3.4% -67.1% 21.9% 76.07%
2016 6.6% -17.3% 25.3% 21.01%

Total Return Ranking - Trailing

Period DIAMX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -24.0% 36.0% 23.15%
1 Yr 28.1% -17.9% 67.9% 12.38%
3 Yr 8.6%* -11.4% 22.3% 31.72%
5 Yr 8.0%* -5.4% 20.5% 38.46%
10 Yr 8.3%* -5.8% 12.0% 25.42%

* Annualized

Total Return Ranking - Calendar

Period DIAMX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.5% -47.6% 88.4% 74.36%
2019 15.4% -20.3% 62.6% 13.98%
2018 -7.3% -53.1% 12.7% 53.11%
2017 5.6% -12.7% 24.8% 76.69%
2016 10.3% -15.5% 25.3% 17.39%

NAV & Total Return History


DIAMX - Holdings

Concentration Analysis

DIAMX Category Low Category High DIAMX % Rank
Net Assets 2.09 B 0 5.19 B 1.93%
Number of Holdings 92 3 3156 51.96%
Net Assets in Top 10 708 M -87.9 M 765 M 3.43%
Weighting of Top 10 34.28% 4.8% 100.0% 64.53%

Top 10 Holdings

  1. State Street Instl US Govt MMkt Premier 6.93%
  2. American International Group Inc 4.39%
  3. Alphabet Inc Class A 3.64%
  4. Facebook Inc Class A 3.43%
  5. Berkshire Hathaway Inc Class B 3.08%
  6. Citigroup Inc 2.98%
  7. KKR & Co Inc Ordinary Shares 2.73%
  8. Johnson Controls International PLC Registered Shares 2.69%
  9. Charles Schwab Corp 2.56%
  10. Microsoft Corp 2.52%

Asset Allocation

Weighting Return Low Return High DIAMX % Rank
Stocks
59.90% -17.84% 113.92% 64.08%
Cash
38.85% -140.68% 117.83% 33.82%
Bonds
1.25% -0.70% 152.17% 16.50%
Preferred Stocks
0.00% -0.01% 8.88% 29.90%
Other
0.00% -16.93% 36.41% 53.43%
Convertible Bonds
0.00% 0.00% 3.02% 33.33%

Stock Sector Breakdown

Weighting Return Low Return High DIAMX % Rank
Financial Services
31.85% 0.00% 74.33% 2.62%
Communication Services
13.52% 0.00% 29.68% 6.81%
Healthcare
12.33% 0.00% 100.00% 59.69%
Technology
11.09% 0.00% 48.18% 81.68%
Industrials
9.69% 0.00% 35.91% 61.26%
Consumer Cyclical
7.82% 0.00% 83.72% 81.68%
Consumer Defense
5.00% 0.00% 28.39% 63.87%
Basic Materials
3.83% 0.00% 21.97% 32.98%
Energy
3.31% 0.00% 12.98% 27.23%
Utilities
1.57% 0.00% 23.92% 43.98%
Real Estate
0.00% 0.00% 17.36% 85.86%

Stock Geographic Breakdown

Weighting Return Low Return High DIAMX % Rank
US
59.90% -43.02% 113.00% 50.00%
Non US
0.00% -31.09% 98.73% 87.75%

Bond Sector Breakdown

Weighting Return Low Return High DIAMX % Rank
Cash & Equivalents
96.89% 0.00% 100.00% 76.12%
Securitized
3.07% 0.00% 17.89% 3.98%
Corporate
0.04% 0.00% 100.00% 15.92%
Derivative
0.00% 0.00% 57.06% 33.83%
Municipal
0.00% 0.00% 0.55% 27.86%
Government
0.00% 0.00% 83.22% 40.80%

Bond Geographic Breakdown

Weighting Return Low Return High DIAMX % Rank
US
1.22% -0.70% 152.17% 16.67%
Non US
0.03% 0.00% 29.26% 6.37%

DIAMX - Expenses

Operational Fees

DIAMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.83% 0.40% 12.79% 54.11%
Management Fee 0.90% 0.00% 2.50% 22.22%
12b-1 Fee 0.25% 0.00% 1.00% 39.83%
Administrative Fee 0.21% 0.03% 1.54% 71.11%

Sales Fees

DIAMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 2.50% 5.75% 79.41%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DIAMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

DIAMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 498.00% 27.44%

DIAMX - Distributions

Dividend Yield Analysis

DIAMX Category Low Category High DIAMX % Rank
Dividend Yield 0.16% 0.00% 1.80% 28.50%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

DIAMX Category Low Category High DIAMX % Rank
Net Income Ratio 0.09% -3.33% 2.81% 27.64%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

DIAMX - Fund Manager Analysis

Managers

Chuck Bath


Start Date

Tenure

Tenure Rank

Oct 31, 2002

18.85

18.9%

Chuck serves as Managing Director – Investments and Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2002. Prior to joining Diamond Hill, Chuck was a Portfolio Manager and an Analyst with Nationwide Insurance and affiliates from 1982 to 2002, where he managed the Nationwide Fund. From 1979 to 1980, Chuck was an Internal Auditor at USAA. He also was an Auditor at Ernst & Whinney from 1977 to 1979. Chuck has a Bachelor of Science in Accounting from Miami University and a Master of Business Administration from The Ohio State University.

Chris Bingaman


Start Date

Tenure

Tenure Rank

Apr 30, 2007

14.35

14.4%

Chris serves as a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2001. Prior to joining Diamond Hill, Chris was a Senior Equity Analyst for Nationwide Insurance and affiliates from 1997 to 2001. In 1997, he was an Equity Analyst for Dillon Capital Management, an investment advisory firm. From 1990 to 1997, Chris held various positions with Fifth Third Bank, First Chicago NBD, and NBD Bank. Chris has a Bachelor of Arts in Finance from Hillsdale College (cum laude) and Master of Business Administration from the University of Notre Dame.

Nate Palmer


Start Date

Tenure

Tenure Rank

Jun 30, 2018

3.17

3.2%

Mr. Palmer has a Bachelor of Science degree in Accounting and Finance from The Ohio State University (summa cum laude, with honors) and a Masters of Accountancy from The Ohio State University (with distinction). He is a Certified Public Accountant and his CFA charter is pending his fulfillment of the work experience requirement. He has been an investment professional with Diamond Hill Capital Management since October 2009. Mr. Palmer currently serves as a Research Analyst for Diamond Hill Capital Management. From 2008 to 2009, Mr. Palmer was a Tax Consultant with Deloitte & Touche, LLP.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 22.8 5.82 7.18