DHLCX Fees and Costs — Diamond Hill Large Cap Fund, Class C
Data updated: 2026-08-31
The net expense ratio is 1.71%: a 0.50% management fee, a 1.00% 12b-1 fee plus 0.21% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $1.9M in broker commissions, 0.0233% of average net assets, and portfolio turnover was 45%.
DHLCX Fees and Expenses
Annual operating expenses and sales charges of DHLCX. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.71% |
| Fee waiver | — |
| Net expense ratio | 1.71% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DHLCX Costs Over Time
On $10,000 invested in DHLCX, assuming 5% a year before costs, total costs come to $1,068 over 5 years, cutting the return by 1.82% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.71%) | $180 | $556 | $957 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $28 | $99 |
| Total costs | $285 | $592 | $1,068 |
| Value after costs | $10,215 | $10,985 | $11,694 |
| Impact on return, per year | 2.85% | 1.82% | 1.82% |
DHLCX 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): 0.0233%
- Total broker commissions: $1.9M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 45%
- Securities on loan, average value: $171.5M
- Net income from securities lending: $304K (0.004% of average net assets)
DHLCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO | $440K | 30.37% |
| JEFFERIES LLC | $288K | 19.90% |
| EVERCORE GROUP LLC | $127K | 8.79% |
| SANFORD C BERNSTEIN & CO LLC | $103K | 7.09% |
| WELLS FARGO SECURITIES, LLC | $95K | 6.58% |
| BARCLAYS CAPITAL INC | $93K | 6.39% |
| J P MORGAN SECURITIES LLC | $86K | 5.97% |
| BOFA SECURITIES INC | $77K | 5.34% |
| MORGAN STANLEY & CO LLC | $70K | 4.81% |
| ROBERT W. BAIRD & CO., INC. | $69K | 4.77% |
Diamond Hill Large Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DHLYX | Class Y | 0.56% | — |
| DHLRX | Class I | 0.69% | — |
| DHLAX | Investor Class | 0.98% | — |
| DHLCX | Class C | 1.71% | none |
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.