Diamond Hill Financial Long Short Fund Class A (BANCX)

24.53
Net Asset Value
-0.69%
1 Day
-0.57%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
5
Sales Expenses
1.92%
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-4.92% 3 years+8.20%
3 months+2.68% 5 years+10.74%
1 year+4.65% Since inception+7.70%
Data through --

Peer Comparisonvs. Financial

 BANCXCategory
Performance 5-yr return+10.74%+15.47%
Expense ratio1.92%1.74%
Risk 5 year sharpe ratio0.931.06
Net assets$36.1M$496.0M
Average market cap$12.6B$3.8B
Average P/E19.011.5
Portfolio turnover34%34%

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Fund Management and Purchase Info

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

Holdings

U.S. stock75.34%
Cash18.06%
International stock6.60%
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 Hathaway5.50%
DFS Discover Financial Services5.31%
NSM Nationstar Mortgage Holdings Inc5.25%
L Loews Corp4.14%
BKU BankUnited Inc4.10%
MET Metlife4.09%
SIVB SVB Financial Group3.81%
STAR iStar Inc3.65%
BEN Franklin Resources3.23%
FRC First Republic Bank3.04%