About DHTYX
Diamond Hill Select Fund Class Y is a non-diversified, actively managed mutual fund that seeks long-term capital appreciation by investing primarily in U.S. equities deemed undervalued by its investment team. Managed by Diamond Hill Capital Management, the fund employs a rigorous intrinsic value approach, treating each investment as a partial ownership in the underlying business and focusing on companies where the market price trades below the manager's assessment of intrinsic value. This disciplined process involves deep analysis of business models, competitive dynamics, and industry trends, with close attention to risks such as technological disruption and regulatory changes.
The fund's portfolio is relatively concentrated, typically holding a limited number of stocks across a range of capitalizations but with a focus on mid-cap value equities. Sector exposure is broad, spanning financial services, industrials, consumer cyclicals, and technology, with a notable overweight in select companies that represent significant positions within the fund. Designed for institutional investors, Class Y shares require a high minimum initial investment and feature a competitive expense ratio, making the fund suited to those seeking a focused, value-driven U.S. equity strategy within the mutual fund space.
Fund Family Diamond Hill Funds
Category Mid-Cap Value
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol DHTYX
Share Class Class Y
Index Russell 3000 TR
DHTYX had a total return of 12.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.78%.
