Diamond Hill Long Short Fund Quote

DHLSX Fund  USD 29.64  0.07  0.24%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 19

 
High
 
Low
Low
Diamond Hill is trading at 29.64 as of the 4th of November 2024; that is 0.24 percent increase since the beginning of the trading day. The fund's open price was 29.57. Diamond Hill has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Diamond Hill Long Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of November 2022 and ending today, the 4th of November 2024. Click here to learn more.
The fund invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued and selling short U.S. equity securities of any size capitalization the Adviser believes are overvalued. The Adviser focuses on estimating a companys value independent of its current stock price. More on Diamond Hill Long Short

Moving together with Diamond Mutual Fund

  0.7DHEAX Diamond Hill ShortPairCorr
  0.95DHLAX Diamond Hill LargePairCorr
  0.94DHMIX Diamond Hill SmallPairCorr
  0.94DHMAX Diamond Hill SmallPairCorr
  0.96DHLTX Diamond Hill AllPairCorr

Moving against Diamond Mutual Fund

  0.66PFHCX Pacific Funds SmallPairCorr

Diamond Mutual Fund Highlights

Fund ConcentrationDiamond Hill Funds, Large Value Funds, Long-Short Equity Funds, Long-Short Equity, Diamond Hill Funds (View all Sectors)
Update Date30th of September 2024
Diamond Hill Long Short [DHLSX] is traded in USA and was established 4th of November 2024. Diamond Hill is listed under Diamond Hill Funds category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Diamond Hill Funds family. This fund currently has accumulated 4.08 B in assets under management (AUM) with minimum initial investment of 2.5 K. Diamond Hill Long is currently producing year-to-date (YTD) return of 10.84% with the current yeild of 0.02%, while the total return for the last 3 years was 4.85%.
Check Diamond Hill Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Diamond Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Diamond Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Diamond Hill Long Short Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Diamond Hill Long Short Mutual Fund Constituents

BKUBankUnitedStockFinancials
UALUnited Airlines HoldingsStockIndustrials
AIGAmerican International GroupStockFinancials
CTSHCognizant Technology SolutionsStockInformation Technology
DHEYXDiamond Hill ShortMutual FundShort-Term Bond
AXTAAxalta Coating SystemsStockMaterials
CCitigroupStockFinancials
PRGOPerrigo Company PLCStockHealth Care
More Details

Diamond Hill Long Risk Profiles

Diamond Hill Against Markets

Other Information on Investing in Diamond Mutual Fund

Diamond Hill financial ratios help investors to determine whether Diamond Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Diamond with respect to the benefits of owning Diamond Hill security.
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