Diamond Hill Short Duration Securitized Bond Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.8%
1 yr return
10.0%
3 Yr Avg Return
4.2%
5 Yr Avg Return
3.8%
Net Assets
$1.61 B
Holdings in Top 10
24.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 48.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DHEIX - Profile
Distributions
- YTD Total Return 7.8%
- 3 Yr Annualized Total Return 4.2%
- 5 Yr Annualized Total Return 3.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.50%
- Dividend Yield 6.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDiamond Hill Short Duration Securitized Bond Fund
-
Fund Family NameDiamond Hill Funds
-
Inception DateJul 05, 2016
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHenry Song
Fund Description
DHEIX - Performance
Return Ranking - Trailing
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.8% | -0.2% | 17.1% | 1.14% |
1 Yr | 10.0% | 2.5% | 21.9% | 2.66% |
3 Yr | 4.2%* | -5.7% | 4.4% | 0.58% |
5 Yr | 3.8%* | -4.1% | 5.3% | 2.86% |
10 Yr | N/A* | -18.9% | 170.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.0% | -1.6% | 7.6% | 16.98% |
2022 | -6.8% | -17.7% | -2.6% | 46.02% |
2021 | 0.1% | -4.0% | 4.4% | 3.59% |
2020 | -0.3% | -7.1% | 7.6% | 93.67% |
2019 | 0.7% | -2.3% | 9.3% | 97.47% |
Total Return Ranking - Trailing
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.8% | -0.2% | 17.1% | 1.14% |
1 Yr | 10.0% | 2.5% | 21.9% | 2.66% |
3 Yr | 4.2%* | -5.7% | 4.4% | 0.58% |
5 Yr | 3.8%* | -4.1% | 5.3% | 2.86% |
10 Yr | N/A* | -18.9% | 170.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | 1.8% | 15.2% | 1.91% |
2022 | -3.4% | -17.3% | -1.3% | 11.46% |
2021 | 2.5% | -2.7% | 7.7% | 4.39% |
2020 | 3.1% | -2.4% | 14.5% | 85.51% |
2019 | 4.8% | 0.6% | 12.6% | 42.62% |
NAV & Total Return History
DHEIX - Holdings
Concentration Analysis
DHEIX | Category Low | Category High | DHEIX % Rank | |
---|---|---|---|---|
Net Assets | 1.61 B | 14.5 K | 57.3 B | 45.25% |
Number of Holdings | 479 | 2 | 8314 | 47.53% |
Net Assets in Top 10 | 614 M | 1.05 M | 6.81 B | 36.50% |
Weighting of Top 10 | 24.60% | 1.9% | 112.6% | 51.52% |
Top 10 Holdings
- State Street Institutional Liquid Reserves Fund, Premier Class 11.91%
- State Street Navigator Securities Lending Portfolio I 3.48%
- Multifamily Structured Credit Risk Series 2021-MN2, Class M2 1.47%
- Homeward Opportunities Funding Trust Series 2024-RTL1, Class A1 1.44%
- Firstkey Homes Trust Series 2020-SFR1, Class A 1.35%
- LHOME Mortgage Trust Series 2024-RTL3, Class A2 1.04%
- Freedom Financial Series 2022-4FP, Class D 1.03%
- U.S. Treasury Notes 2.250%, Due 10/31/2024 0.99%
- Cascade Funding Mortgage Trust Series 2024-HB14, Class A 0.95%
- Government National Mortgage Association Series 2023-112, Class ET 0.93%
Asset Allocation
Weighting | Return Low | Return High | DHEIX % Rank | |
---|---|---|---|---|
Other | 71.57% | -0.97% | 71.57% | 0.38% |
Bonds | 18.69% | 0.00% | 129.40% | 92.59% |
Cash | 15.39% | -20.59% | 71.38% | 2.28% |
Convertible Bonds | 0.39% | 0.00% | 27.71% | 89.52% |
Stocks | 0.00% | 0.00% | 99.96% | 64.45% |
Preferred Stocks | 0.00% | 0.00% | 24.12% | 63.12% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DHEIX % Rank | |
---|---|---|---|---|
Securitized | 87.42% | 0.00% | 97.27% | 0.76% |
Cash & Equivalents | 15.39% | 0.00% | 71.38% | 2.28% |
Corporate | 6.01% | 0.00% | 99.82% | 97.52% |
Government | 5.02% | 0.00% | 73.63% | 82.67% |
Derivative | 0.00% | -0.44% | 27.90% | 63.88% |
Municipal | 0.00% | 0.00% | 14.41% | 79.62% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DHEIX % Rank | |
---|---|---|---|---|
US | 18.69% | 0.00% | 126.86% | 91.83% |
Non US | 0.00% | 0.00% | 82.20% | 61.98% |
DHEIX - Expenses
Operational Fees
DHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.52% | 0.01% | 3.29% | 66.41% |
Management Fee | 0.35% | 0.00% | 1.19% | 58.17% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.17% | 0.01% | 0.41% | 84.98% |
Sales Fees
DHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
Trading Fees
DHEIX 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.
DHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 48.00% | 2.00% | 500.00% | 27.04% |
DHEIX - Distributions
Dividend Yield Analysis
DHEIX | Category Low | Category High | DHEIX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.18% | 0.00% | 11.11% | 2.28% |
Dividend Distribution Analysis
DHEIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DHEIX | Category Low | Category High | DHEIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.50% | -1.27% | 4.98% | 4.64% |
Capital Gain Distribution Analysis
DHEIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 30, 2024 | $0.051 | OrdinaryDividend |
Sep 27, 2024 | $0.050 | OrdinaryDividend |
Aug 29, 2024 | $0.053 | OrdinaryDividend |
Jul 30, 2024 | $0.051 | OrdinaryDividend |
Apr 29, 2024 | $0.047 | OrdinaryDividend |
Mar 27, 2024 | $0.053 | OrdinaryDividend |
Feb 28, 2024 | $0.052 | OrdinaryDividend |
Jan 30, 2024 | $0.053 | OrdinaryDividend |
Dec 28, 2023 | $0.049 | OrdinaryDividend |
Nov 29, 2023 | $0.047 | OrdinaryDividend |
Oct 30, 2023 | $0.053 | OrdinaryDividend |
Sep 28, 2023 | $0.045 | OrdinaryDividend |
Aug 30, 2023 | $0.045 | OrdinaryDividend |
Jul 28, 2023 | $0.044 | OrdinaryDividend |
Jun 29, 2023 | $0.043 | OrdinaryDividend |
May 30, 2023 | $0.043 | OrdinaryDividend |
Apr 27, 2023 | $0.042 | OrdinaryDividend |
Mar 30, 2023 | $0.039 | OrdinaryDividend |
Feb 27, 2023 | $0.040 | OrdinaryDividend |
Jan 30, 2023 | $0.045 | OrdinaryDividend |
Dec 29, 2022 | $0.036 | OrdinaryDividend |
Nov 29, 2022 | $0.035 | OrdinaryDividend |
Oct 28, 2022 | $0.034 | OrdinaryDividend |
Sep 29, 2022 | $0.036 | OrdinaryDividend |
Aug 30, 2022 | $0.032 | OrdinaryDividend |
Jul 28, 2022 | $0.029 | OrdinaryDividend |
Jun 29, 2022 | $0.031 | OrdinaryDividend |
May 27, 2022 | $0.026 | OrdinaryDividend |
Apr 28, 2022 | $0.025 | OrdinaryDividend |
Mar 30, 2022 | $0.024 | OrdinaryDividend |
Feb 25, 2022 | $0.020 | OrdinaryDividend |
Jan 28, 2022 | $0.022 | OrdinaryDividend |
Dec 14, 2021 | $0.002 | CapitalGainLongTerm |
Nov 29, 2021 | $0.020 | OrdinaryDividend |
Oct 28, 2021 | $0.019 | OrdinaryDividend |
Sep 29, 2021 | $0.018 | OrdinaryDividend |
Aug 30, 2021 | $0.019 | OrdinaryDividend |
Jul 29, 2021 | $0.022 | OrdinaryDividend |
Jun 28, 2021 | $0.020 | OrdinaryDividend |
May 27, 2021 | $0.020 | OrdinaryDividend |
Apr 29, 2021 | $0.029 | OrdinaryDividend |
Mar 30, 2021 | $0.027 | OrdinaryDividend |
Feb 25, 2021 | $0.022 | OrdinaryDividend |
Jan 28, 2021 | $0.024 | OrdinaryDividend |
Dec 30, 2020 | $0.022 | OrdinaryDividend |
Nov 27, 2020 | $0.024 | OrdinaryDividend |
Oct 29, 2020 | $0.024 | OrdinaryDividend |
Sep 29, 2020 | $0.025 | OrdinaryDividend |
Aug 28, 2020 | $0.027 | OrdinaryDividend |
Jul 30, 2020 | $0.027 | OrdinaryDividend |
Jun 29, 2020 | $0.027 | OrdinaryDividend |
May 28, 2020 | $0.028 | OrdinaryDividend |
Apr 29, 2020 | $0.029 | OrdinaryDividend |
Mar 30, 2020 | $0.034 | OrdinaryDividend |
Feb 27, 2020 | $0.026 | OrdinaryDividend |
Jan 30, 2020 | $0.032 | OrdinaryDividend |
Dec 30, 2019 | $0.032 | OrdinaryDividend |
Dec 12, 2019 | $0.005 | CapitalGainShortTerm |
Nov 27, 2019 | $0.036 | OrdinaryDividend |
Oct 30, 2019 | $0.036 | OrdinaryDividend |
Sep 27, 2019 | $0.032 | OrdinaryDividend |
Aug 29, 2019 | $0.042 | OrdinaryDividend |
Jul 30, 2019 | $0.040 | OrdinaryDividend |
Jun 27, 2019 | $0.030 | OrdinaryDividend |
May 30, 2019 | $0.031 | OrdinaryDividend |
Apr 29, 2019 | $0.030 | OrdinaryDividend |
Mar 28, 2019 | $0.033 | OrdinaryDividend |
Feb 27, 2019 | $0.030 | OrdinaryDividend |
Jan 30, 2019 | $0.033 | OrdinaryDividend |
Dec 28, 2018 | $0.032 | OrdinaryDividend |
Dec 13, 2018 | $0.006 | CapitalGainShortTerm |
Nov 29, 2018 | $0.032 | OrdinaryDividend |
Oct 30, 2018 | $0.034 | OrdinaryDividend |
Sep 27, 2018 | $0.029 | OrdinaryDividend |
Aug 30, 2018 | $0.032 | OrdinaryDividend |
Jul 30, 2018 | $0.033 | OrdinaryDividend |
Jun 28, 2018 | $0.028 | OrdinaryDividend |
May 30, 2018 | $0.032 | OrdinaryDividend |
Apr 27, 2018 | $0.030 | OrdinaryDividend |
Mar 28, 2018 | $0.030 | OrdinaryDividend |
Feb 27, 2018 | $0.030 | OrdinaryDividend |
Jan 30, 2018 | $0.028 | OrdinaryDividend |
Dec 28, 2017 | $0.030 | OrdinaryDividend |
Dec 14, 2017 | $0.013 | CapitalGainShortTerm |
Nov 29, 2017 | $0.030 | OrdinaryDividend |
Oct 30, 2017 | $0.029 | OrdinaryDividend |
Sep 28, 2017 | $0.026 | OrdinaryDividend |
Aug 30, 2017 | $0.030 | OrdinaryDividend |
Jul 28, 2017 | $0.030 | OrdinaryDividend |
Jun 29, 2017 | $0.029 | OrdinaryDividend |
May 30, 2017 | $0.029 | OrdinaryDividend |
Apr 27, 2017 | $0.027 | OrdinaryDividend |
Mar 30, 2017 | $0.027 | OrdinaryDividend |
Feb 27, 2017 | $0.025 | OrdinaryDividend |
Jan 30, 2017 | $0.024 | OrdinaryDividend |
Dec 29, 2016 | $0.025 | OrdinaryDividend |
Nov 29, 2016 | $0.023 | OrdinaryDividend |
Oct 28, 2016 | $0.021 | OrdinaryDividend |
Sep 29, 2016 | $0.018 | OrdinaryDividend |
Aug 30, 2016 | $0.009 | OrdinaryDividend |
DHEIX - Fund Manager Analysis
Managers
Henry Song
Start Date
Tenure
Tenure Rank
Jul 05, 2016
5.91
5.9%
Henry serves as a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2016. Prior to joining Diamond Hill, Henry was a Portfolio Manager at J.P. Morgan Asset Management from 2005 to 2016. Henry has a Bachelor of Business Administration from the University of Michigan.
Mark Jackson
Start Date
Tenure
Tenure Rank
Jul 05, 2016
5.91
5.9%
Mark serves as a Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2016. Prior to joining Diamond Hill, Mark was Managing Director and Portfolio Manager at J.P. Morgan Asset Management from 1996 to 2016. From 1993 to 1995, he was a Portfolio Manager for Alexander Hamilton Life Insurance Company. From 1985 to 1993, Mark was a Portfolio Manager for Public Employees Retirement System of Ohio. Mark has a Bachelor of Science in Finance from Miami University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.19 | 2.41 |