Diamond Hill Core Bond Fund (DHRAX)
The investment seeks to maximize total return consistent with the preservation of capital. The fund seeks to provide total return by investing at least 80% of its net assets (plus any amounts borrowed for investment purposes) in a diversified portfolio of investment grade, fixed income securities, including bonds, debt securities and other similar U.S. dollar-denominated instruments issued by various U.S. public- or private-sector entities, by non-U.S. corporations or U.S. affiliates of non-U.S. corporations. It may invest a significant portion or all of its assets in mortgage-related and mortgage-backed securities at the discretion of the Adviser.
Fund Info
US25264S5284
25264S528
Jul 5, 2016
$2,500
Expense Ratio
DHRAX has an expense ratio of 0.76%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Diamond Hill Core Bond Fund (DHRAX) returned 2.16% year-to-date (YTD) and 6.34% over the past 12 months.
DHRAX
2.16%
0.71%
1.56%
6.34%
0.18%
N/A
^GSPC (Benchmark)
-3.77%
5.53%
-5.60%
8.37%
14.61%
10.35%
Monthly Returns
The table below presents the monthly returns of DHRAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.72% | 2.24% | 0.05% | 0.26% | -1.10% | 2.16% | |||||||
| 2024 | 0.27% | -1.06% | 0.86% | -2.28% | 1.81% | 1.18% | 2.32% | 1.37% | 1.24% | -2.20% | 1.26% | -1.50% | 3.18% |
| 2023 | 3.22% | -1.87% | 1.90% | 0.66% | -0.87% | -0.34% | 0.01% | -0.41% | -2.25% | -1.89% | 4.27% | 3.89% | 6.19% |
| 2022 | -1.48% | -0.74% | -2.79% | -3.08% | -0.01% | -1.08% | 1.93% | -2.19% | -3.73% | -1.72% | 2.83% | -0.49% | -12.05% |
| 2021 | -0.34% | -1.42% | -1.22% | 0.89% | 0.35% | 0.64% | 1.10% | -0.23% | -0.90% | -0.01% | 0.35% | -0.42% | -1.24% |
| 2020 | 2.45% | 2.01% | -2.35% | 1.72% | 0.94% | 1.30% | 1.33% | -0.37% | 0.26% | -0.58% | 0.79% | -0.06% | 7.60% |
| 2019 | 0.77% | 0.01% | 1.79% | 0.02% | 2.06% | 1.01% | 0.30% | 2.55% | -0.68% | 0.20% | -0.11% | -0.49% | 7.63% |
| 2018 | -1.03% | -0.62% | 0.75% | -0.71% | 0.75% | 0.01% | -0.07% | 0.76% | -0.62% | -0.48% | 0.77% | 1.81% | 1.28% |
| 2017 | 0.29% | 0.70% | 0.07% | 0.90% | 0.80% | -0.11% | 0.49% | 0.90% | -0.62% | 0.11% | -0.11% | 0.39% | 3.85% |
| 2016 | 0.50% | 0.00% | 0.26% | -0.75% | -2.26% | -0.03% | -2.28% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 83, DHRAX is among the top 17% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Diamond Hill Core Bond Fund (DHRAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Diamond Hill Core Bond Fund provided a 4.61% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.42 | $0.37 | $0.24 | $0.21 | $0.22 | $0.25 | $0.26 | $0.22 | $0.07 |
Dividend yield | 4.61% | 4.72% | 4.05% | 2.63% | 1.99% | 2.05% | 2.49% | 2.69% | 2.24% | 0.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Diamond Hill Core 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.13 | |||||||
| 2024 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.42 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.37 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.24 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.21 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.22 |
| 2019 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2016 | $0.03 | $0.02 | $0.02 | $0.02 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Diamond Hill Core 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 Core Bond Fund was 16.15%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Diamond Hill Core Bond Fund drawdown is 3.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.15% | Aug 5, 2021 | 308 | Oct 24, 2022 | — | — | — |
| -7.28% | Mar 10, 2020 | 12 | Mar 25, 2020 | 81 | Jul 21, 2020 | 93 |
| -5.61% | Jul 7, 2016 | 114 | Dec 15, 2016 | 511 | Dec 28, 2018 | 625 |
| -3.21% | Aug 7, 2020 | 154 | Mar 18, 2021 | 94 | Aug 2, 2021 | 248 |
| -2.11% | Sep 5, 2019 | 7 | Sep 13, 2019 | 91 | Jan 24, 2020 | 98 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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