DHNAX Fees and Costs — Diamond Hill Core Plus Bond Fund, Investor Class
Data updated: 2026-08-31
The net expense ratio is 0.87%: a 0.40% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 50%.
DHNAX Fees and Expenses
Annual operating expenses and sales charges of DHNAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.87% |
| Fee waiver | — |
| Net expense ratio | 0.87% |
| 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 |
DHNAX Costs Over Time
On $10,000 invested in DHNAX, assuming 5% a year before costs, total costs come to $546 over 5 years, cutting the return by 0.91% 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 0.87%) | $91 | $285 | $496 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $300 | $546 |
| Value after costs | $10,409 | $11,277 | $12,217 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
DHNAX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $119.6M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $3.0M
- Net income from securities lending: $11K (0.017% of average net assets)
DHNAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $10.7M | 14.58% |
| MORGAN STANLEY & CO., LLC | $10.4M | 14.09% |
| STONEX FINANCIAL INC. | $9.7M | 13.15% |
| CITADEL SECURITIES INSTITUTIONAL, LLC | $6.9M | 9.42% |
| RBC CAPITAL MARKETS LLC | $6.6M | 9.03% |
| J.P. MORGAN SECURITIES LLC | $6.1M | 8.28% |
| PENSERRA SECURITIES LLC | $6.0M | 8.21% |
| GOLDMAN SACHS & CO | $6.0M | 8.14% |
| STEPHENS, INC. | $5.8M | 7.86% |
| CITIGROUP GLOBAL MARKETS, INC | $5.3M | 7.24% |
Diamond Hill Core Plus Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DHNYX | Class Y | 0.45% | — |
| DHNIX | Class I | 0.58% | — |
| DHNAX | Investor Class | 0.87% | — |
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.