Diamond Hill Financial Long Short Fund Class A (BANCX)

25.05
Net Asset Value
+0.12%
1 Day
+1.54%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
5
Sales Expenses
1.86%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term capital appreciation. The fund normally invests at least 80% of its net assets in U.S. equity securities of banks- thrifts- specialty lending institutions- insurance companies- real estate investment trusts and other financial services companies that the adviser believes are undervalued. 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 fund also will sell securities short.

Performance

1 month-0.24% 3 years+7.62%
3 months+1.17% 5 years+9.18%
1 year+9.34% Since inception+7.45%
Data through --

Peer Comparisonvs. Financial

 BANCXCategory
Performance 5-yr return+9.18%+12.74%
Expense ratio1.86%1.72%
Risk 5 year sharpe ratio0.680.84
Net assets$32.9M$500.2M
Average market cap$12.4B$4.0B
Average P/E15.910.1
Portfolio turnover27%27%

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Fund Management and Purchase Info

Fund familyDiamond Hill Funds
Fund manager & tenureJohn Loesch / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

U.S. stock76.07%
Cash15.61%
International stock8.32%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
BRKB Berkshire Hathaway5.51%
DFS Discover Financial Services5.42%
NSM Nationstar Mortgage Holdings Inc5.10%
MET Metlife4.32%
STAR iStar Inc4.26%
BKU BankUnited Inc4.14%
L Loews Corp4.01%
SIVB SVB Financial Group3.97%
FRC First Republic Bank3.73%
OZRK Bank of the Ozarks2.99%