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Trending ETFs

Diamond Hill Select Fund

mutual fund
DHTAX
Payout Change
Pending
Price as of:
$26.02 +0.06 +0.23%
primary theme
U.S. Mid-Cap Value Equity
share class
I (DHLTX) Y (DHTYX) Investor (DHTAX)
DHTAX (Mutual Fund)

Diamond Hill Select Fund

Payout Change
Pending
Price as of:
$26.02 +0.06 +0.23%
primary theme
U.S. Mid-Cap Value Equity
share class
I (DHLTX) Y (DHTYX) Investor (DHTAX)
DHTAX (Mutual Fund)

Diamond Hill Select Fund

Payout Change
Pending
Price as of:
$26.02 +0.06 +0.23%
primary theme
U.S. Mid-Cap Value Equity
share class
I (DHLTX) Y (DHTYX) Investor (DHTAX)

Name

As of 12/11/2024

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 Select Fund

DHTAX | Fund

$26.02

$576 M

0.18%

$0.05

1.16%

Vitals

YTD Return

17.7%

1 yr return

21.3%

3 Yr Avg Return

9.3%

5 Yr Avg Return

14.0%

Net Assets

$576 M

Holdings in Top 10

50.9%

52 WEEK LOW AND HIGH

$26.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.16%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 55.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/11/2024

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 Select Fund

DHTAX | Fund

$26.02

$576 M

0.18%

$0.05

1.16%

DHTAX - Profile

Distributions

  • YTD Total Return 17.7%
  • 3 Yr Annualized Total Return 9.3%
  • 5 Yr Annualized Total Return 14.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.44%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Diamond Hill Select Fund
  • Fund Family Name
    Diamond Hill Funds
  • Inception Date
    Dec 30, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rick Snowdon

Fund Description

The fund, under normal market conditions, invests its assets in U.S. equity securities of any size capitalization that Diamond Hill Capital Management, Inc. (the "Adviser”) believes are undervalued. Equity securities consist of common and preferred stocks. The fund is non-diversified and intends to concentrate its investments in a limited number of securities.
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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DHTAX - Performance

Return Ranking - Trailing

Period DHTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -3.6% 36.0% 28.06%
1 Yr 21.3% -1.2% 40.5% 28.33%
3 Yr 9.3%* -5.3% 16.6% 18.31%
5 Yr 14.0%* 0.1% 17.2% 5.17%
10 Yr 10.1%* 2.1% 12.1% 11.79%

* Annualized

Return Ranking - Calendar

Period DHTAX Return Category Return Low Category Return High Rank in Category (%)
2023 29.8% -11.3% 33.3% 1.39%
2022 -20.6% -41.6% 2.3% 87.08%
2021 16.3% -41.5% 44.9% 63.66%
2020 14.0% -29.0% 22.1% 0.86%
2019 27.9% -8.1% 31.2% 7.10%

Total Return Ranking - Trailing

Period DHTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -3.6% 36.0% 28.06%
1 Yr 21.3% -1.2% 40.5% 28.33%
3 Yr 9.3%* -5.3% 16.6% 18.31%
5 Yr 14.0%* 0.1% 17.2% 5.17%
10 Yr 10.1%* 2.1% 12.1% 11.79%

* Annualized

Total Return Ranking - Calendar

Period DHTAX Return Category Return Low Category Return High Rank in Category (%)
2023 30.2% -1.7% 36.5% 1.39%
2022 -17.4% -35.0% 2.4% 98.31%
2021 31.8% 6.2% 48.3% 24.23%
2020 14.3% -22.9% 23.2% 2.29%
2019 30.4% -3.0% 35.7% 15.68%

NAV & Total Return History

DHTAX - Holdings

Concentration Analysis

DHTAX Category Low Category High DHTAX % Rank
Net Assets 576 M 991 K 28 B 61.50%
Number of Holdings 30 8 2308 97.51%
Net Assets in Top 10 295 M 349 K 5.52 B 41.27%
Weighting of Top 10 50.90% 4.6% 100.2% 5.82%

Top 10 Holdings

  1. MR Cooper Group, Inc. 7.82%
  2. American International Group, Inc. 6.41%
  3. Regal Rexnord Corporation 5.75%
  4. Red Rock Resorts, Inc. Class A 5.29%
  5. Cimpress NV 4.96%
  6. Ashland, Inc. 4.87%
  7. WESCO International, Inc. 4.63%
  8. Enovis Corporation 3.98%
  9. Coherent Corporation 3.76%
  10. CarMax, Inc. 3.45%

Asset Allocation

Weighting Return Low Return High DHTAX % Rank
Stocks 		97.86% 55.64% 103.20% 70.36%
Cash 		2.20% 0.00% 27.43% 34.63%
Preferred Stocks 		0.00% 0.00% 1.68% 74.52%
Other 		0.00% 0.00% 7.98% 83.66%
Convertible Bonds 		0.00% 0.00% 0.02% 73.26%
Bonds 		0.00% 0.00% 19.09% 73.13%

Stock Sector Breakdown

Weighting Return Low Return High DHTAX % Rank
Financial Services 		28.27% 0.00% 60.11% 3.06%
Industrials 		19.13% 0.00% 29.02% 19.78%
Consumer Cyclical 		14.42% 0.00% 29.62% 16.71%
Communication Services 		12.67% 0.00% 19.80% 4.18%
Technology 		9.04% 0.00% 30.07% 57.38%
Consumer Defense 		7.92% 0.00% 33.79% 19.50%
Basic Materials 		6.34% 0.00% 23.88% 40.67%
Healthcare 		2.21% 0.00% 32.47% 96.66%
Utilities 		0.00% 0.00% 24.69% 96.94%
Real Estate 		0.00% 0.00% 40.74% 96.38%
Energy 		0.00% 0.00% 29.17% 97.49%

Stock Geographic Breakdown

Weighting Return Low Return High DHTAX % Rank
US 		97.86% 55.64% 103.20% 57.89%
Non US 		0.00% 0.00% 33.85% 77.84%

DHTAX - Expenses

Operational Fees

DHTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.16% 0.06% 16.92% 39.17%
Management Fee 0.70% 0.00% 1.20% 51.25%
12b-1 Fee 0.25% 0.00% 1.00% 59.26%
Administrative Fee 0.21% 0.01% 0.40% 84.54%

Sales Fees

DHTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% 37.50%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DHTAX 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.

DHTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 55.00% 0.00% 227.00% 59.57%

DHTAX - Distributions

Dividend Yield Analysis

DHTAX Category Low Category High DHTAX % Rank
Dividend Yield 0.18% 0.00% 22.79% 90.28%

Dividend Distribution Analysis

DHTAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

DHTAX Category Low Category High DHTAX % Rank
Net Income Ratio 0.44% -1.84% 4.73% 72.91%

Capital Gain Distribution Analysis

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

Distributions History

View More +

DHTAX - Fund Manager Analysis

Managers

Rick Snowdon

Start Date

Tenure

Tenure Rank

Jan 18, 2013

9.37

9.4%

Rick serves as a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2007. Prior to joining Diamond Hill, Rick was a Board member and Consultant with Adams Rite Manufacturing from 2003 to 2006. From 1997 to 2002, he was an Energy Trader/Vice President, Energy Trading for American Electric Power. From 1996 to 1997, Rick was a Junior Trader with Enron Corporation. From 1989 to 1994, he managed a chain of 40 independent World Oil gas stations. Rick has a Bachelor of Arts in Economics and Organizational Behavior & Management from Brown University and a Master of Business Administration (with distinction) from Northwestern University.

Austin Hawley

Start Date

Tenure

Tenure Rank

Jan 18, 2013

9.37

9.4%

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
0.08 35.59 8.15 10.92

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