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Trending ETFs

Name

As of 03/26/2024

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

$24.93

$400 M

0.50%

$0.12

0.75%

Vitals

YTD Return

10.6%

1 yr return

41.6%

3 Yr Avg Return

10.7%

5 Yr Avg Return

16.4%

Net Assets

$400 M

Holdings in Top 10

53.4%

52 WEEK LOW AND HIGH

$24.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 55.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$500,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

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

$24.93

$400 M

0.50%

$0.12

0.75%

DHTYX - Profile

Distributions

  • YTD Total Return 10.6%
  • 3 Yr Annualized Total Return 10.7%
  • 5 Yr Annualized Total Return 16.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.64%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Diamond Hill Select Fund
  • Fund Family Name
    Diamond Hill Funds
  • Inception Date
    Dec 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • 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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DHTYX - Performance

Return Ranking - Trailing

Period DHTYX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -8.8% 13.4% 3.21%
1 Yr 41.6% 0.9% 44.6% 0.80%
3 Yr 10.7%* -2.1% 16.8% 5.96%
5 Yr 16.4%* 0.4% 17.9% 0.85%
10 Yr 10.5%* -1.1% 12.4% 3.10%

* Annualized

Return Ranking - Calendar

Period DHTYX Return Category Return Low Category Return High Rank in Category (%)
2023 29.9% -11.3% 33.3% 0.80%
2022 -20.4% -41.6% 2.3% 85.91%
2021 16.9% -41.5% 44.9% 60.33%
2020 14.0% -29.0% 22.1% 0.55%
2019 28.5% -8.1% 31.2% 3.13%

Total Return Ranking - Trailing

Period DHTYX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -8.8% 13.4% 3.21%
1 Yr 41.6% 0.9% 44.6% 0.80%
3 Yr 10.7%* -2.1% 16.8% 5.96%
5 Yr 16.4%* 0.4% 17.9% 0.85%
10 Yr 10.5%* -1.1% 12.4% 3.10%

* Annualized

Total Return Ranking - Calendar

Period DHTYX Return Category Return Low Category Return High Rank in Category (%)
2023 30.7% -3.7% 36.5% 0.80%
2022 -17.1% -35.0% 2.4% 97.29%
2021 32.2% 6.2% 48.3% 19.84%
2020 14.7% -22.9% 23.2% 1.66%
2019 31.0% -3.0% 35.7% 9.97%

NAV & Total Return History


DHTYX - Holdings

Concentration Analysis

DHTYX Category Low Category High DHTYX % Rank
Net Assets 400 M 991 K 26.1 B 63.47%
Number of Holdings 29 8 2481 97.60%
Net Assets in Top 10 251 M 219 K 4.14 B 40.80%
Weighting of Top 10 53.36% 5.0% 104.2% 3.47%

Top 10 Holdings

  1. MR Cooper Group, Inc. 7.63%
  2. Red Rock Resorts, Inc. Class A 6.85%
  3. WESCO International, Inc. 6.36%
  4. American International Group, Inc. 6.08%
  5. Cimpress NV 5.36%
  6. Regal Rexnord Corporation 4.43%
  7. Ashland, Inc. 4.35%
  8. CarMax, Inc. 4.30%
  9. Allstate Corporation (The) 4.28%
  10. Enovis Corporation 3.73%

Asset Allocation

Weighting Return Low Return High DHTYX % Rank
Stocks
96.76% 56.38% 104.81% 80.53%
Cash
6.36% 0.00% 43.98% 7.47%
Preferred Stocks
0.00% 0.00% 5.43% 81.07%
Other
0.00% -1.97% 8.33% 82.40%
Convertible Bonds
0.00% 0.00% 0.02% 80.43%
Bonds
0.00% 0.00% 27.69% 81.60%

Stock Sector Breakdown

Weighting Return Low Return High DHTYX % Rank
Financial Services
28.27% 0.00% 60.11% 3.49%
Industrials
19.13% 0.00% 29.02% 20.38%
Consumer Cyclical
14.42% 0.00% 29.62% 16.09%
Communication Services
12.67% 0.00% 19.80% 4.02%
Technology
9.04% 0.00% 30.07% 57.91%
Consumer Defense
7.92% 0.00% 33.79% 19.57%
Basic Materials
6.34% 0.00% 23.88% 40.48%
Healthcare
2.21% 0.00% 32.47% 96.78%
Utilities
0.00% 0.00% 24.69% 98.66%
Real Estate
0.00% 0.00% 40.74% 99.20%
Energy
0.00% 0.00% 29.17% 99.46%

Stock Geographic Breakdown

Weighting Return Low Return High DHTYX % Rank
US
96.76% 56.38% 104.81% 66.93%
Non US
0.00% 0.00% 33.98% 87.47%

DHTYX - Expenses

Operational Fees

DHTYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 16.92% 81.07%
Management Fee 0.70% 0.00% 1.20% 51.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.01% 0.40% 19.61%

Sales Fees

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

Trading Fees

DHTYX 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.

DHTYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 55.00% 0.00% 227.00% 60.70%

DHTYX - Distributions

Dividend Yield Analysis

DHTYX Category Low Category High DHTYX % Rank
Dividend Yield 0.50% 0.00% 22.89% 84.22%

Dividend Distribution Analysis

DHTYX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual SemiAnnual Annual

Net Income Ratio Analysis

DHTYX Category Low Category High DHTYX % Rank
Net Income Ratio 0.64% -1.84% 4.73% 59.68%

Capital Gain Distribution Analysis

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

Distributions History

View More +

DHTYX - 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 8.28 10.92