# Diamond Hill Large Cap Fund (DHLRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dhlrx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Diamond Hill · Asset class: Equity - Strategy: Actively Managed · Inception: 2005-01-31 This fund typically allocates at least 80% of its net assets to U.S.-based common stocks. The investment adviser primarily targets large-capitalization companies believed to be fundamentally undervalued. For the purpose of this fund, a large-cap company is defined as one with a market capitalization of $5 billion or more at the time of purchase, or a company whose market value falls within the range of firms comprising the Russell 1000 Index at the time of acquisition. The adviser's core strategy involves assessing a company's intrinsic worth independently, without being influenced by its p... ## Key Facts | Metric | Value | |---|---| | Price | $35.31 | | Expense Ratio | 0.69% | | AUM (All Share Classes) | $5.31B | | NAV | $35.31 | | Holdings Count | — | | Distribution Yield (TTM) | 5.77% | | Annual Distribution (TTM) | $2.04 /share | | Distribution Frequency | Irregular | | 52-Week Range | $30.77 – $35.31 | | Beta | 0.72 | ## Latest Distribution - Amount: $0.1615 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does DHLRX invest in? This fund typically allocates at least 80% of its net assets to U.S.-based common stocks. The investment adviser primarily targets large-capitalization companies believed to be fundamentally undervalued. For the purpose of this fund, a large-cap company is defined as one with a market capitalization of $5 billion or more at the time of purchase, or a company whose market value falls within the range of firms comprising the Russell 1000 Index at the time of acquisition. The adviser's core strategy involves assessing a company's intrinsic worth independently, without being influenced by its prevailing stock price. ### What is the expense ratio of DHLRX? Diamond Hill Large Cap Fund (DHLRX) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DHLRX? Diamond Hill Large Cap Fund (DHLRX) is one share class of a fund that manages $5.31B across all of its share classes (DHLAX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DHLRX actively managed or an index fund? DHLRX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DHLRX's is 0.69%) in exchange for the discretion to over- or under-weight positions. ### When was DHLRX launched? Diamond Hill Large Cap Fund (DHLRX) launched in January 2005 and is managed by Diamond Hill. ### How has DHLRX performed? DHLRX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does DHLRX pay a dividend? Diamond Hill Large Cap Fund (DHLRX) currently distributes little or no income. Trailing-twelve-month yield is 5.77%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DHLRX pay dividends? Diamond Hill Large Cap Fund pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DHLRX's dividend yield? DHLRX's trailing-twelve-month yield is 5.77%, calculated from the sum of dividends over the past year divided by the current price. ### When is DHLRX's next ex-dividend date? The most recently announced ex-dividend date for DHLRX was 2025-12-30. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will DHLRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.69% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DHLRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DHLRX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DHLRX cost more than a fund like VOO? DHLRX is actively managed (current expense ratio 0.69%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DHLRX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DHLRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DHLRX (0.69%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dhlrx - Distribution history: https://www.dividenddata.com/funds/dhlrx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dhlrx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dhlrx/expenses - Peer comparison: https://www.dividenddata.com/funds/dhlrx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.