DHFAX Performance — Diamond Hill Large Cap Concentrated Fund, Investor Class
Data updated: 2025-08-29
DHFAX returned +13.66% over one year to Jun 2025. The annualised 3-year return is +15.91%. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $156, against $138 for the category, and to $114 over one year, against $110. Volatility over the past three years was 16.26% a year. In the 12 months to Jun 2025 the fund took in a net $8.2M, and assets reached $41.79M.
DHFAX Growth of $100
What $100 invested in Diamond Hill Large Cap Concentrated Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | DHFAX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $114 | $110 |
| 3 years (Jul 2022 – Jun 2025) | $156 | $138 |
| Since data start (Jan 2021 – Jun 2025) | $150 | $153 |
DHFAX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +13.66% |
| 3 years (annualised) | +15.91% |
DHFAX Annual Returns
Calendar-year total returns of Diamond Hill Large Cap Concentrated Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +7.75% |
| 2024 | +13.87% |
| 2023 | +16.84% |
| 2022 | −12.93% |
| 2021 | +20.53% |
DHFAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +3.8% | +3.1% | −1.9% | −3.1% | +3.4% | +2.4% | — | — | — | — | — | — |
| 2024 | +0.6% | +4.6% | +5.7% | −3.6% | +1.8% | −1.0% | +4.6% | +3.3% | −0.2% | −0.8% | +4.6% | −5.6% |
| 2023 | +6.3% | −3.9% | −2.8% | +0.8% | −1.7% | +7.4% | +4.6% | −2.1% | −3.8% | −3.5% | +9.3% | +6.6% |
| 2022 | −3.2% | −2.3% | +0.4% | −8.1% | +2.5% | −10.3% | +8.3% | −3.1% | −7.7% | +10.8% | +6.5% | −5.0% |
| 2021 | 0.0% | 0.0% | +5.8% | +4.2% | +0.8% | −1.2% | +1.3% | +1.0% | −3.7% | +7.2% | −2.3% | +6.5% |
DHFAX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 16.26%
- 3-year Sharpe ratio: 0.70 (vs 4.5% risk-free rate)
- Best month: +10.82% (Oct 2022)
- Worst month: −7.69% (Sep 2022)
DHFAX Fund Flows
Monthly money in and out of Diamond Hill Large Cap Concentrated Fund, from SEC Form N-PORT.
- 12-month net flow: $8.2M
- 12-month gross sales (incl. reinvestments): $9.8M
- Sales ÷ redemptions: 6.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $301K | $78K | $223K |
| May 2025 | $103K | $36K | $67K |
| Apr 2025 | $526K | $271K | $255K |
| Mar 2025 | $1.9M | $104K | $1.8M |
| Feb 2025 | $335K | $109K | $226K |
| Jan 2025 | $2.5M | $448K | $2.0M |
| Dec 2024 | $2.6M | $314K | $2.3M |
| Nov 2024 | $398K | $159K | $239K |
| Oct 2024 | $166K | $13K | $152K |
| Sep 2024 | $375K | $1K | $374K |
| Aug 2024 | $287K | $13K | $274K |
| Jul 2024 | $244K | $17K | $227K |
DHFAX Assets Under Management
Net assets of Diamond Hill Large Cap Concentrated Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $41.79M |
| 2025-03-31 | $40.09M |
| 2024-12-31 | $34.22M |
| 2024-09-30 | $34.49M |
| 2024-06-30 | $31.12M |
| 2024-03-31 | $31.31M |
| 2023-12-31 | $27.64M |
| 2023-09-30 | $26.00M |
| 2023-06-30 | $26.41M |
| 2023-03-31 | $23.41M |
| 2022-12-31 | $23.15M |
| 2022-09-30 | $20.09M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.