Diamond Hill Large Cap Fund Class Y

Frequently Asked Questions About DHLYX

What does DHLYX invest in?

The fund aims to provide significant long-term capital appreciation. It typically allocates at least 80% of its total assets to equity securities of U.S. companies. The Adviser specifically targets large-capitalization firms that it considers to be undervalued. A company qualifies as large-cap if its market capitalization is $5 billion or greater at the point of investment, or if it falls within the market capitalization range of companies comprising the Russell 1000 Index at that same time. A core aspect of the Adviser's strategy involves evaluating a company's true worth independently from its prevailing share price.

What is the expense ratio of DHLYX?

Diamond Hill Large Cap Fund Class Y (DHLYX) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DHLYX?

Diamond Hill Large Cap Fund Class Y (DHLYX) manages $2.86B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DHLYX actively managed or an index fund?

DHLYX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DHLYX's is 0.56%) because there's no security selection cost.

When was DHLYX launched?

Diamond Hill Large Cap Fund Class Y (DHLYX) launched in December 2011 and is managed by the fund issuer.

How has DHLYX performed?

DHLYX'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.