DHSIX Fees and Costs — Diamond Hill Small Cap Fund, Class I
Data updated: 2026-08-31
The net expense ratio is 1.00%: a 0.80% management fee plus 0.20% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $206K in broker commissions, 0.0957% of average net assets, and portfolio turnover was 57%.
DHSIX Fees and Expenses
Annual operating expenses and sales charges of DHSIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.00% |
| Fee waiver | — |
| Net expense ratio | 1.00% |
| 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 |
DHSIX Costs Over Time
On $10,000 invested in DHSIX, assuming 5% a year before costs, total costs come to $684 over 5 years, cutting the return by 1.15% 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 1.00%) | $105 | $327 | $567 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $376 | $684 |
| Value after costs | $10,385 | $11,200 | $12,079 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
DHSIX 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): 0.0957%
- Total broker commissions: $206K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $51.6M
- Net income from securities lending: $115K (0.053% of average net assets)
DHSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO | $68K | 34.59% |
| JEFFERIES LLC | $61K | 30.71% |
| THEMIS TRADING LLC | $24K | 12.31% |
| JONES TRADING INSTITUTIONAL SERVICES LLC | $13K | 6.82% |
| COWEN AND COMPANY LLC | $11K | 5.32% |
| BTIG LLC | $5K | 2.44% |
| CITIGROUP GLOBAL MARKETS, INC | $5K | 2.32% |
| BIDS TRADING L.P. | $4K | 2.13% |
| GOLDMAN, SACHS & CO | $3K | 1.76% |
| OPPENHEIMER & CO | $3K | 1.59% |
Diamond Hill Small 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 |
|---|---|---|---|
| DHSYX | Class Y | 0.87% | — |
| DHSIX | Class I | 1.00% | — |
| DHSCX | Investor Class | 1.29% | — |
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.