DHGIX Fees and Costs — Diamond Hill Global Fund, Class I
Data updated: 2021-11-29
The net expense ratio is 0.84%: a 0.65% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $31K in broker commissions, 0.1869% of average net assets, and portfolio turnover was 110%.
DHGIX Fees and Expenses
Annual operating expenses and sales charges of DHGIX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DHGIX Costs Over Time
On $10,000 invested in DHGIX, assuming 5% a year before costs, total costs come to $642 over 5 years, cutting the return by 1.08% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.84%) | $88 | $275 | $477 |
| Trading costs (broker commissions) | $20 | $61 | $106 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $353 | $642 |
| Value after costs | $10,392 | $11,223 | $12,121 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
DHGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1869%
- Total broker commissions: $31K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 110%
- Securities on loan, average value: $663K
- Net income from securities lending: $2K (0.012% of average net assets)
DHGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MACQUARIE CAPITAL, INC. | $25K | 81.35% |
| PIPER SANDLER AND CO. | $3K | 8.90% |
| THEMIS TRADING | $564 | 1.82% |
| J.P. MORGAN SECURITIES LLC | $556 | 1.79% |
| SANFORD C BERNSTEIN & CO LLC | $524 | 1.69% |
| MORGAN STANLEY and CO., LLC | $430 | 1.39% |
| SIEBERT WILLIAMS SHANK & CO., LLC | $372 | 1.20% |
| RBC CAPITAL MARKETS LLC | $255 | 0.82% |
| BARCLAYS CAPITAL, INC. | $179 | 0.58% |
| COWEN and CO., LLC | $147 | 0.47% |
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.