About DHLYX
Diamond Hill Large Cap Fund Class Y is a mutual fund focused on investing in large-cap U.S. companies, typically those with market capitalizations of $5 billion or greater. The fund employs a long-term, intrinsic value investment philosophy, treating every investment as a partial ownership stake and seeking to buy businesses at prices below their estimated intrinsic value. Its approach emphasizes companies with stable cash flows and strong competitive advantages, aiming to hold a concentrated portfolio of 40–60 positions, with the top ten holdings often representing over 30% of net assets.
Managed by Diamond Hill Capital Management, the fund operates within the large value category, targeting enterprises across sectors such as financial services, healthcare, technology, consumer defensive, and energy. Key holdings regularly include industry leaders like American International Group, Berkshire Hathaway, and Abbott Laboratories. With total assets of around $8.2 billion, a below-average distribution fee, and an annual expense ratio of 0.55%, the fund is structured for institutional investors, reflected in its minimum initial investment requirement of $500,000. The Diamond Hill Large Cap Fund Class Y plays a vital role in portfolios seeking exposure to quality large-cap U.S. equities with a disciplined value-oriented process.
Fund Family Diamond Hill Funds
Category Large Value
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol DHLYX
Share Class Class Y
Index Russell 1000 TR USD
DHLYX had a total return of 8.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.22%.
