DHIAX Fees and Costs — Diamond Hill International Fund, Investor Class
Data updated: 2026-08-31
The net expense ratio is 1.16%: a 0.65% management fee, a 0.25% 12b-1 fee plus 0.26% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $223K in broker commissions, 0.1401% of average net assets, and portfolio turnover was 51%.
DHIAX Fees and Expenses
Annual operating expenses and sales charges of DHIAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.16% |
| Fee waiver | — |
| Net expense ratio | 1.16% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DHIAX Costs Over Time
On $10,000 invested in DHIAX, assuming 5% a year before costs, total costs come to $808 over 5 years, cutting the return by 1.37% 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 1.16%) | $122 | $379 | $655 |
| Trading costs (broker commissions) | $15 | $46 | $79 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $137 | $446 | $808 |
| Value after costs | $10,363 | $11,131 | $11,954 |
| Impact on return, per year | 1.37% | 1.37% | 1.37% |
DHIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1401%
- Total broker commissions: $223K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $9.1M
- Net income from securities lending: $26K (0.017% of average net assets)
DHIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MACQUARIE CAPITAL (U S A) INC | $209K | 93.68% |
| JEFFERIES LLC | $11K | 4.85% |
| THEMIS TRADING LLC | $1K | 0.50% |
| PIPER SANDLER & CO | $480 | 0.21% |
| INSTINET LLC | $461 | 0.21% |
| COWEN AND COMPANY LLC | $444 | 0.20% |
| J P MORGAN SECURITIES LLC | $424 | 0.19% |
| CITIGROUP GLOBAL MARKETS, INC | $215 | 0.10% |
| FIDELITY BROKERAGE SERVICES LLC | $129 | 0.06% |
Diamond Hill International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DHIYX | Class Y | 0.74% | — |
| DHIIX | Class I | 0.87% | — |
| DHIAX | Investor Class | 1.16% | — |
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.