Diamond Hill Corporate Credit C
Name
As of 02/19/2021Price
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
Vitals
YTD Return
0.7%
1 yr return
7.8%
3 Yr Avg Return
6.5%
5 Yr Avg Return
7.9%
Net Assets
$2.1 B
Holdings in Top 10
21.4%
52 WEEK LOW AND HIGH
$11.8
$9.64
$11.88
Expenses
OPERATING FEES
Expense Ratio 1.67%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 132.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/19/2021Price
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
DSICX - Profile
Distributions
- YTD Total Return 0.7%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 7.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.34%
- Dividend Yield 3.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDiamond Hill Corporate Credit Fund
-
Fund Family NameDiamond Hill Funds
-
Inception DateSep 30, 2002
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBill Zox
Fund Description
DSICX - Performance
Return Ranking - Trailing
| Period | DSICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.7% | -3.8% | 6.6% | 35.28% |
| 1 Yr | 7.8% | -49.7% | 15.1% | 15.29% |
| 3 Yr | 6.5%* | -17.0% | 9.8% | 7.42% |
| 5 Yr | 7.9%* | -8.2% | 14.0% | 35.20% |
| 10 Yr | 5.5%* | 1.1% | 9.3% | 50.40% |
* Annualized
Return Ranking - Calendar
| Period | DSICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.9% | -46.8% | 399.1% | 10.21% |
| 2022 | 6.5% | -10.3% | 226.1% | 68.59% |
| 2021 | -4.9% | -18.4% | -0.2% | 7.31% |
| 2020 | 1.7% | -9.5% | 18.8% | 29.83% |
| 2019 | 5.5% | -9.1% | 28.6% | 81.82% |
Total Return Ranking - Trailing
| Period | DSICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.7% | -3.8% | 6.6% | 36.09% |
| 1 Yr | 6.8% | -49.7% | 14.9% | 22.79% |
| 3 Yr | 6.5%* | -17.0% | 9.8% | 6.72% |
| 5 Yr | 7.9%* | -8.2% | 14.0% | 31.41% |
| 10 Yr | 5.5%* | 1.1% | 9.3% | 46.60% |
* Annualized
Total Return Ranking - Calendar
| Period | DSICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.9% | -46.8% | 399.1% | 10.21% |
| 2022 | 7.3% | -8.1% | 23.9% | 60.37% |
| 2021 | -0.5% | -18.4% | 1.3% | 3.81% |
| 2020 | 6.8% | -8.5% | 18.8% | 10.50% |
| 2019 | 15.9% | -9.1% | 39.0% | 3.74% |
NAV & Total Return History
DSICX - Holdings
Concentration Analysis
| DSICX | Category Low | Category High | DSICX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.1 B | 3.62 M | 28.7 B | 21.65% |
| Number of Holdings | 157 | 3 | 2297 | 80.59% |
| Net Assets in Top 10 | 404 M | -564 M | 3.47 B | 15.63% |
| Weighting of Top 10 | 21.44% | 2.8% | 100.0% | 17.76% |
Top 10 Holdings
- State Street Instl US Govt MMkt Premier 6.91%
- Firstcash inc 5.38% 2.04%
- Twitter Inc 3.88% 1.92%
- Cimpress PLC 7% 1.85%
- Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp 6% 1.77%
- Radian Group Inc. 4.88% 1.74%
- Energen Corporation 7.12% 1.63%
- Alliance Data Systems Corporation 4.75% 1.63%
- ChampionX Corporation 6.38% 1.62%
- Bankunited Inc 5.12% 1.59%
Asset Allocation
| Weighting | Return Low | Return High | DSICX % Rank | |
|---|---|---|---|---|
| Bonds | 89.72% | 6.16% | 146.57% | 77.90% |
| Cash | 7.53% | -40.59% | 75.30% | 9.70% |
| Convertible Bonds | 2.73% | 0.00% | 18.92% | 34.77% |
| Preferred Stocks | 0.02% | 0.00% | 11.16% | 38.95% |
| Stocks | 0.00% | -8.82% | 43.20% | 76.28% |
| Other | 0.00% | -50.78% | 52.10% | 32.75% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | DSICX % Rank | |
|---|---|---|---|---|
| Corporate | 90.97% | 0.00% | 100.00% | 76.52% |
| Cash & Equivalents | 7.53% | 0.00% | 92.44% | 11.07% |
| Securitized | 1.50% | 0.00% | 92.43% | 15.52% |
| Derivative | 0.00% | 0.00% | 41.53% | 28.07% |
| Municipal | 0.00% | 0.00% | 13.37% | 9.45% |
| Government | 0.00% | 0.00% | 71.97% | 40.76% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | DSICX % Rank | |
|---|---|---|---|---|
| US | 79.99% | 0.00% | 122.57% | 45.82% |
| Non US | 9.73% | -25.95% | 97.17% | 81.27% |
DSICX - Expenses
Operational Fees
| DSICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.67% | 0.03% | 20.43% | 23.80% |
| Management Fee | 0.45% | 0.00% | 1.84% | 16.96% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 77.66% |
| Administrative Fee | 0.21% | 0.00% | 0.50% | 86.34% |
Sales Fees
| DSICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.50% | 10.75% |
Trading Fees
| DSICX 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.
| DSICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 132.00% | 0.00% | 349.00% | 93.86% |
DSICX - Distributions
Dividend Yield Analysis
| DSICX | Category Low | Category High | DSICX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.80% | 0.00% | 4.33% | 11.96% |
Dividend Distribution Analysis
| DSICX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| DSICX | Category Low | Category High | DSICX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.34% | -2.17% | 10.93% | 80.16% |
Capital Gain Distribution Analysis
| DSICX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Feb 28, 2019 | $0.038 | |
| Jan 31, 2019 | $0.046 | |
| Dec 31, 2018 | $0.043 | |
| Nov 30, 2018 | $0.040 | |
| Oct 31, 2018 | $0.040 | |
| Sep 28, 2018 | $0.035 | |
| Aug 31, 2018 | $0.040 | |
| Jul 31, 2018 | $0.042 | |
| Jun 29, 2018 | $0.046 | |
| May 31, 2018 | $0.043 | |
| Apr 30, 2018 | $0.041 | |
| Mar 29, 2018 | $0.046 | |
| Feb 28, 2018 | $0.041 | |
| Jan 31, 2018 | $0.042 | |
| Dec 29, 2017 | $0.047 | |
| Nov 30, 2017 | $0.045 | |
| Oct 31, 2017 | $0.043 | |
| Sep 29, 2017 | $0.039 | |
| Aug 31, 2017 | $0.042 | |
| Jul 28, 2017 | $0.038 | |
| Jun 30, 2017 | $0.041 | |
| May 31, 2017 | $0.041 | |
| Apr 28, 2017 | $0.044 | |
| Mar 31, 2017 | $0.041 | |
| Feb 27, 2017 | $0.035 | |
| Jan 31, 2017 | $0.041 | |
| Dec 30, 2016 | $0.043 | |
| Nov 30, 2016 | $0.042 | |
| Oct 31, 2016 | $0.042 | |
| Sep 30, 2016 | $0.055 | |
| Aug 30, 2016 | $0.045 | |
| Jul 28, 2016 | $0.045 | |
| Jun 29, 2016 | $0.045 | |
| May 27, 2016 | $0.048 | |
| Apr 28, 2016 | $0.500 | |
| Mar 30, 2016 | $0.047 | |
| Feb 29, 2016 | $0.045 | |
| Jan 28, 2016 | $0.043 | |
| Dec 31, 2015 | $0.044 | |
| Nov 27, 2015 | $0.041 | |
| Oct 29, 2015 | $0.041 | |
| Sep 29, 2015 | $0.038 | |
| Aug 28, 2015 | $0.038 | |
| Jul 30, 2015 | $0.037 | |
| Jun 29, 2015 | $0.037 | |
| May 29, 2015 | $0.041 | |
| Apr 30, 2015 | $0.041 | |
| Mar 30, 2015 | $0.041 | |
| Feb 27, 2015 | $0.032 | |
| Jan 30, 2015 | $0.036 | |
| Dec 30, 2014 | $0.015 | |
| Nov 26, 2014 | $0.035 | |
| Oct 30, 2014 | $0.035 | |
| Sep 29, 2014 | $0.037 | |
| Aug 28, 2014 | $0.037 | |
| Jul 30, 2014 | $0.033 | |
| Jun 27, 2014 | $0.031 | |
| May 29, 2014 | $0.034 | |
| Apr 29, 2014 | $0.034 | |
| Mar 28, 2014 | $0.036 | |
| Feb 28, 2014 | $0.041 | |
| Jan 31, 2014 | $0.036 | |
| Dec 31, 2013 | $0.032 | |
| Nov 27, 2013 | $0.035 | |
| Oct 30, 2013 | $0.037 | |
| Sep 30, 2013 | $0.040 | |
| Aug 30, 2013 | $0.041 | |
| Jul 31, 2013 | $0.041 | |
| Jun 27, 2013 | $0.037 | |
| May 31, 2013 | $0.045 | |
| Apr 30, 2013 | $0.038 | |
| Mar 28, 2013 | $0.039 | |
| Feb 28, 2013 | $0.040 | |
| Jan 31, 2013 | $0.040 | |
| Dec 31, 2012 | $0.044 | |
| Nov 30, 2012 | $0.045 | |
| Nov 01, 2012 | $0.044 | |
| Sep 27, 2012 | $0.045 | |
| Aug 30, 2012 | $0.043 | |
| Jul 30, 2012 | $0.043 | |
| Jun 28, 2012 | $0.042 | |
| May 30, 2012 | $0.048 | |
| Apr 30, 2012 | $0.047 | |
| Mar 30, 2012 | $0.047 | |
| Feb 29, 2012 | $0.046 | |
| Jan 31, 2012 | $0.044 | |
| Dec 30, 2011 | $0.045 | |
| Nov 30, 2011 | $0.046 | |
| Oct 31, 2011 | $0.049 | |
| Sep 30, 2011 | $0.047 | |
| Aug 31, 2011 | $0.044 | |
| Jul 29, 2011 | $0.044 | |
| Jun 30, 2011 | $0.045 | |
| May 31, 2011 | $0.048 | |
| Apr 29, 2011 | $0.047 | |
| Mar 31, 2011 | $0.053 | |
| Feb 28, 2011 | $0.041 | |
| Jan 31, 2011 | $0.040 | |
| Dec 31, 2010 | $0.054 | |
| Nov 30, 2010 | $0.047 | |
| Oct 29, 2010 | $0.045 | |
| Sep 30, 2010 | $0.043 | |
| Aug 31, 2010 | $0.042 | |
| Jul 30, 2010 | $0.043 | |
| Jun 30, 2010 | $0.048 | |
| May 28, 2010 | $0.039 | |
| Apr 30, 2010 | $0.045 | |
| Mar 31, 2010 | $0.042 | |
| Feb 26, 2010 | $0.044 | |
| Jan 29, 2010 | $0.044 | |
| Dec 31, 2009 | $0.025 | |
| Nov 30, 2009 | $0.059 | |
| Oct 30, 2009 | $0.052 | |
| Sep 30, 2009 | $0.047 | |
| Aug 31, 2009 | $0.053 | |
| Jul 31, 2009 | $0.056 | |
| Jun 30, 2009 | $0.047 | |
| May 29, 2009 | $0.056 | |
| Apr 30, 2009 | $0.055 | |
| Mar 31, 2009 | $0.061 | |
| Feb 27, 2009 | $0.055 | |
| Jan 30, 2009 | $0.045 | |
| Dec 31, 2008 | $0.081 | |
| Nov 28, 2008 | $0.051 | |
| Oct 31, 2008 | $0.041 | |
| Sep 30, 2008 | $0.046 | |
| Aug 29, 2008 | $0.041 | |
| Jul 31, 2008 | $0.047 | |
| Jun 30, 2008 | $0.050 | |
| May 30, 2008 | $0.049 | |
| Apr 30, 2008 | $0.041 | |
| Mar 31, 2008 | $0.049 | |
| Feb 29, 2008 | $0.049 | |
| Jan 31, 2008 | $0.030 | |
| Dec 31, 2007 | $0.087 | |
| Nov 30, 2007 | $0.057 | |
| Oct 31, 2007 | $0.052 | |
| Sep 28, 2007 | $0.049 | |
| Aug 31, 2007 | $0.045 | |
| Jul 31, 2007 | $0.046 | |
| Jun 29, 2007 | $0.046 | |
| May 31, 2007 | $0.043 | |
| Apr 30, 2007 | $0.054 | |
| Mar 30, 2007 | $0.043 | |
| Feb 28, 2007 | $0.025 | |
| Jan 31, 2007 | $0.034 | |
| Dec 29, 2006 | $0.062 | |
| Nov 30, 2006 | $0.049 | |
| Oct 31, 2006 | $0.046 | |
| Sep 29, 2006 | $0.048 | |
| Aug 31, 2006 | $0.049 | |
| Jul 31, 2006 | $0.053 | |
| Jun 30, 2006 | $0.051 | |
| May 31, 2006 | $0.043 | |
| Apr 28, 2006 | $0.043 | |
| Mar 31, 2006 | $0.042 | |
| Feb 28, 2006 | $0.039 | |
| Jan 31, 2006 | $0.048 | |
| Dec 30, 2005 | $0.055 | |
| Nov 30, 2005 | $0.039 | |
| Oct 31, 2005 | $0.043 | |
| Sep 30, 2005 | $0.046 | |
| Aug 31, 2005 | $0.045 | |
| Jul 29, 2005 | $0.048 | |
| Jun 30, 2005 | $0.048 | |
| May 31, 2005 | $0.050 | |
| Apr 29, 2005 | $0.050 | |
| Mar 31, 2005 | $0.048 | |
| Feb 28, 2005 | $0.051 | |
| Jan 31, 2005 | $0.050 | |
| Dec 31, 2004 | $0.061 | |
| Nov 30, 2004 | $0.054 | |
| Oct 29, 2004 | $0.040 | |
| Sep 30, 2004 | $0.073 | |
| Aug 31, 2004 | $0.046 | |
| Jul 30, 2004 | $0.031 | |
| Jun 30, 2004 | $0.069 | |
| May 28, 2004 | $0.022 | |
| Apr 30, 2004 | $0.032 | |
| Mar 31, 2004 | $0.061 | |
| Feb 27, 2004 | $0.040 | |
| Jan 30, 2004 | $0.033 | |
| Dec 31, 2003 | $0.062 | |
| Nov 28, 2003 | $0.033 | |
| Oct 31, 2003 | $0.037 | |
| Sep 30, 2003 | $0.071 | |
| Aug 29, 2003 | $0.050 | |
| Jul 31, 2003 | $0.051 | |
| Jun 30, 2003 | $0.047 | |
| May 30, 2003 | $0.049 | |
| Apr 30, 2003 | $0.031 | |
| Mar 31, 2003 | $0.069 | |
| Feb 28, 2003 | $0.048 | |
| Jan 31, 2003 | $0.051 | |
| Nov 29, 2002 | $0.092 | |
| Oct 31, 2002 | $0.017 |
DSICX - Fund Manager Analysis
Managers
Bill Zox
Start Date
Tenure
Tenure Rank
Apr 30, 2006
14.77
14.8%
Bill serves a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2001. Prior to joining Diamond Hill, Bill was a Tax Partner at Schottenstein, Zox & Dunn, Co., LPA from 2000 to 2001. From 1993 to 1999, he was as an Associate at Schottenstein, Zox & Dunn, Co. Bill has a Bachelor of Arts in Political Science from Williams College, a Juris Doctor from The Ohio State University (with honors), and a Master of Law in Taxation from University of Florida College of Law.
Suken Patel
Start Date
Tenure
Tenure Rank
Feb 28, 2013
7.93
7.9%
Mr. Patel has a Bachelor of Science degree in Finance from The Ohio State University and holds the CFA designation. He has been an investment professional with Diamond Hill Capital Management since June 2006. Mr. Patel currently serves as a Research Analyst for the firm. From 2005 to 2006, Mr. Patel served as an Equity Research Analyst with Victory Capital Management. From 2004 to 2005, Mr. Patel was a Merger & Acquisitions Analyst with KeyBanc Capital Markets.
John McClain
Start Date
Tenure
Tenure Rank
Feb 28, 2015
5.93
5.9%
John serves as a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2014. Prior to joining Diamond Hill, John was Senior Vice President – Credit at Standard Life Investments from 2010 to 2014. From 2007 to 2010, he was at Nationwide Mutual Insurance as a Management Associate in the Financial Leadership Rotation Program and then an Investment Analyst in Distressed Debt. John has a Bachelor of Science in Business Economics from University of Kentucky (magna cum laude) and a Master of Business Administration from Carnegie Mellon University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 36.47 | 6.6 | 1.59 |