Diamond Hill Short Duration Securitized Bond Fund (DHEAX)
Under normal market conditions, the fund invests at least 80% of its net assets in securitized bond investments. It will maintain an average portfolio duration of less than three, although under certain market conditions, such as periods of significant volatility in interest rates and spreads, the fund’s average duration may be longer than three.
Fund Info
ISIN | US25264S5516 |
---|---|
CUSIP | 25264S551 |
Issuer | Diamond Hill |
Inception Date | Jul 5, 2016 |
Category | Short-Term Bond |
Min. Investment | $2,500 |
Asset Class | Bond |
Expense Ratio
The Diamond Hill Short Duration Securitized Bond Fund has a high expense ratio of 0.83%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Diamond Hill Short Duration Securitized Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Diamond Hill Short Duration Securitized Bond Fund had a return of 2.51% year-to-date (YTD) and 8.80% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 2.51% | 6.92% |
1 month | 0.21% | -2.83% |
6 months | 4.87% | 23.86% |
1 year | 8.80% | 23.33% |
5 years (annualized) | 3.03% | 11.66% |
10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.93% | 0.52% | 0.83% | |||||||||
2023 | 0.45% | 0.42% | 1.08% | 1.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Diamond Hill Short Duration Securitized Bond Fund(DHEAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Diamond Hill Short Duration Securitized Bond Fund (DHEAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Diamond Hill Short Duration Securitized Bond Fund granted a 5.13% dividend yield in the last twelve months. The annual payout for that period amounted to $0.50 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
---|---|---|---|---|---|---|---|---|---|
Dividend | $0.50 | $0.51 | $0.32 | $0.23 | $0.30 | $0.38 | $0.35 | $0.32 | $0.08 |
Dividend yield | 5.13% | 5.25% | 3.41% | 2.31% | 2.92% | 3.76% | 3.45% | 3.20% | 0.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Diamond Hill Short Duration Securitized Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.05 | $0.05 | $0.05 | |||||||||
2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 |
2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2021 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2020 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 |
2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
2017 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.04 |
2016 | $0.00 | $0.01 | $0.02 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Diamond Hill Short Duration Securitized Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Diamond Hill Short Duration Securitized Bond Fund was 12.34%, occurring on Mar 25, 2020. Recovery took 159 trading sessions.
The current Diamond Hill Short Duration Securitized Bond Fund drawdown is 0.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-12.34% | Mar 9, 2020 | 13 | Mar 25, 2020 | 159 | Nov 9, 2020 | 172 |
-5.06% | Nov 8, 2021 | 250 | Nov 3, 2022 | 185 | Aug 2, 2023 | 435 |
-0.69% | Jul 7, 2016 | 4 | Jul 12, 2016 | 39 | Sep 6, 2016 | 43 |
-0.5% | Nov 8, 2016 | 27 | Dec 15, 2016 | 20 | Jan 17, 2017 | 47 |
-0.39% | Sep 5, 2019 | 7 | Sep 13, 2019 | 12 | Oct 1, 2019 | 19 |
Volatility
Volatility Chart
The current Diamond Hill Short Duration Securitized Bond Fund volatility is 0.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.