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Trending ETFs

Diamond Hill Large Cap Fund

mutual fund
DHLRX
Payout Change
Pending
Price as of:
$33.68 -0.07 -0.21%
primary theme
U.S. Large-Cap Value Equity
share class
I (DHLRX) Investor (DHLAX) Y (DHLYX)
DHLRX (Mutual Fund)

Diamond Hill Large Cap Fund

Payout Change
Pending
Price as of:
$33.68 -0.07 -0.21%
primary theme
U.S. Large-Cap Value Equity
share class
I (DHLRX) Investor (DHLAX) Y (DHLYX)
DHLRX (Mutual Fund)

Diamond Hill Large Cap Fund

Payout Change
Pending
Price as of:
$33.68 -0.07 -0.21%
primary theme
U.S. Large-Cap Value Equity
share class
I (DHLRX) Investor (DHLAX) Y (DHLYX)

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Diamond Hill Large Cap Fund

DHLRX | Fund

$33.68

$8.69 B

1.37%

$0.46

0.67%

Vitals

YTD Return

15.2%

1 yr return

17.0%

3 Yr Avg Return

4.7%

5 Yr Avg Return

9.3%

Net Assets

$8.69 B

Holdings in Top 10

32.2%

52 WEEK LOW AND HIGH

$33.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.67%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Diamond Hill Large Cap Fund

DHLRX | Fund

$33.68

$8.69 B

1.37%

$0.46

0.67%

DHLRX - Profile

Distributions

  • YTD Total Return 15.2%
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 9.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.97%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Diamond Hill Large Cap Fund
  • Fund Family Name
    Diamond Hill Funds
  • Inception Date
    Jan 31, 2005
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Chuck Bath

Fund Description

The fund, under normal market conditions, invests at least 80% of its net assets in U.S. equity securities with large market capitalizations ("large cap") that Diamond Hill Capital Management, Inc. (the "Adviser”) believes are undervalued. Equity securities consist of common and preferred stocks. Large cap companies are defined as companies with market capitalizations at the time of purchase of $5 billion or greater, or in the range of those market capitalizations of companies included in the Russell 1000 Index at the time of purchase. The capitalization range of the Russell 1000 Index is between $362.3 million and $2,954.2 billion as of January 31, 2024. The size of the companies included in the Russell 1000 Index will change with market conditions.
The Adviser focuses on estimating a company’s value independent of its current stock price. To estimate a company’s value, the Adviser concentrates on the fundamental economic drivers of the business. The primary focus is on “bottom-up” analysis, which takes into consideration earnings, revenue growth, operating margins and other economic factors. The Adviser also considers the level of industry competition, regulatory factors, the threat of technological obsolescence, and a variety of other industry factors. If the Adviser’s estimate of a company’s value differs sufficiently from the current market price, the company may be an attractive investment opportunity. In constructing a portfolio of securities, the Adviser is not constrained by the sector or industry weights in the benchmark. The Adviser relies on individual stock selection and discipline in the investment process to add value. The highest portfolio security weights are assigned to companies where the Adviser has the highest level of conviction.
Once a stock is selected, the Adviser continues to monitor the company’s strategies, financial performance and competitive environment. The Adviser may sell a security as it reaches the Adviser’s estimate of the company’s value if it believes that the company’s earnings, revenue growth, operating margin or other economic factors are deteriorating or if it identifies a stock that it believes offers a better investment opportunity.
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DHLRX - Performance

Return Ranking - Trailing

Period DHLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.2% -78.5% 55.0% 95.88%
1 Yr 17.0% -77.9% 62.0% 89.14%
3 Yr 4.7%* -36.2% 31.7% 91.36%
5 Yr 9.3%* -0.6% 47.9% 86.63%
10 Yr 9.7%* 1.9% 25.5% 61.46%

* Annualized

Return Ranking - Calendar

Period DHLRX Return Category Return Low Category Return High Rank in Category (%)
2023 9.5% -16.9% 46.1% 29.24%
2022 -18.6% -64.7% 4.6% 88.70%
2021 16.7% -44.2% 57.5% 47.85%
2020 5.2% -23.2% 285.0% 13.24%
2019 26.1% -21.4% 48.5% 7.95%

Total Return Ranking - Trailing

Period DHLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.2% -78.5% 55.0% 95.88%
1 Yr 17.0% -77.9% 62.0% 89.14%
3 Yr 4.7%* -36.2% 31.7% 91.36%
5 Yr 9.3%* -0.6% 47.9% 86.63%
10 Yr 9.7%* 1.9% 25.5% 61.46%

* Annualized

Total Return Ranking - Calendar

Period DHLRX Return Category Return Low Category Return High Rank in Category (%)
2023 13.7% -15.9% 46.7% 29.90%
2022 -13.4% -42.0% 8.5% 94.97%
2021 24.7% 3.6% 129.7% 66.54%
2020 9.0% -22.6% 304.8% 13.14%
2019 32.2% -12.7% 52.1% 3.51%

NAV & Total Return History

DHLRX - Holdings

Concentration Analysis

DHLRX Category Low Category High DHLRX % Rank
Net Assets 8.69 B 125 K 163 B 15.51%
Number of Holdings 51 2 1727 78.97%
Net Assets in Top 10 2.99 B 466 K 39.5 B 13.27%
Weighting of Top 10 32.21% 4.4% 99.1% 32.02%

Top 10 Holdings

  1. American International Group, Inc. 4.34%
  2. ConocoPhillips 3.93%
  3. Abbott Laboratories 3.71%
  4. Bank of America Corporation 3.25%
  5. State Street Institutional US Government Money Market Fund, Premier Class 3.22%
  6. Texas Instruments, Inc. 3.07%
  7. HCA Healthcare, Inc. 2.80%
  8. Caterpillar, Inc. 2.78%
  9. General Motors Company 2.56%
  10. Sysco Corporation 2.56%

Asset Allocation

Weighting Return Low Return High DHLRX % Rank
Stocks 		96.83% 4.16% 102.49% 75.23%
Cash 		3.36% 0.00% 17.28% 19.72%
Preferred Stocks 		0.00% 0.00% 13.68% 46.45%
Other 		0.00% -2.59% 39.89% 55.89%
Convertible Bonds 		0.00% 0.00% 3.66% 42.72%
Bonds 		0.00% 0.00% 97.99% 45.51%

Stock Sector Breakdown

Weighting Return Low Return High DHLRX % Rank
Financial Services 		24.74% 0.00% 58.05% 12.83%
Consumer Cyclical 		14.54% 0.00% 22.74% 3.40%
Healthcare 		13.17% 0.00% 30.08% 86.51%
Industrials 		12.70% 0.00% 42.76% 33.40%
Communication Services 		9.15% 0.00% 26.58% 7.92%
Technology 		8.02% 0.00% 54.02% 80.57%
Basic Materials 		5.33% 0.00% 21.69% 15.09%
Consumer Defense 		4.27% 0.00% 34.10% 87.08%
Energy 		4.05% 0.00% 54.00% 85.85%
Real Estate 		2.55% 0.00% 90.54% 51.60%
Utilities 		1.49% 0.00% 27.04% 81.70%

Stock Geographic Breakdown

Weighting Return Low Return High DHLRX % Rank
US 		96.83% 4.16% 102.49% 56.17%
Non US 		0.00% 0.00% 24.08% 61.12%

DHLRX - Expenses

Operational Fees

DHLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.03% 14.82% 74.30%
Management Fee 0.50% 0.00% 1.50% 35.43%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.17% 0.00% 0.50% 79.19%

Sales Fees

DHLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

DHLRX 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.

DHLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 488.00% 43.04%

DHLRX - Distributions

Dividend Yield Analysis

DHLRX Category Low Category High DHLRX % Rank
Dividend Yield 1.37% 0.00% 16.67% 78.77%

Dividend Distribution Analysis

DHLRX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Annual

Net Income Ratio Analysis

DHLRX Category Low Category High DHLRX % Rank
Net Income Ratio 0.97% -1.51% 4.28% 71.67%

Capital Gain Distribution Analysis

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

Distributions History

View More +

DHLRX - Fund Manager Analysis

Managers

Chuck Bath

Start Date

Tenure

Tenure Rank

Sep 23, 2002

19.7

19.7%

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.

Austin Hawley

Start Date

Tenure

Tenure Rank

Feb 28, 2015

7.26

7.3%

Austin serves as Chief Investment Officer and Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2008. Prior to joining Diamond Hill, Austin was an Equity Analyst at Putnam Investments from 2004 to 2008. From 1999 to 2002, he was an Investment Associate at Putnam Investments. Austin has a Bachelor of Arts in History (cum laude) and a Master of Business Administration (with distinction) from Dartmouth College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.12 6.71

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