DSICX — Diamond Hill Corporate Credit Fund
Data updated: 2021-08-30
DSICX — Diamond Hill Corporate Credit Fund. Developed ex-US Blend / Core Equity · $2.27B AUM. Holdings, fees, performance and SEC filings.
DSICX Fund Overview
DSICX — Diamond Hill Corporate Credit Fund is a US mutual fund managed by Diamond Hill Funds, categorised as Developed ex-US Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Diamond Hill Funds
- Category: Developed ex-US Blend / Core Equity
- Assets under management: $2.27B
- 1-year return: 11.9%
- Ticker: DSICX
- SEC CIK: 0001032423
- SEC series ID: S000003158
- Share class ID: C000008543
DSICX Investment Objective and Strategy
Diamond Hill Corporate Credit Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Diamond Hill Funds.
Investment objective
The investment objective of the Diamond Hill Corporate Credit Fund is high current income consistent with the preservation of capital over a five-year time horizon.
Principal investment strategy
Under normal market conditions, the fund intends to provide exposure to corporate debt securities by investing at least 80% of its net assets in a diversified portfolio of corporate debt securities including those rated investment grade, below investment grade, or are unrated. Below investment grade securities are also known as junk bonds, high yield bonds, and non-investment grade bonds. Such securities may be public or privately placed U.S. dollar denominated debt securities issued by U.S. and foreign companies of any size, which Diamond Hill Capital Management, Inc. (the Adviser) believes represent an attractive investment opportunity. Under normal circumstances, the fund will maintain a dollar-weighted effective duration of less than five, although it may invest in individual fixed income securities with effective durations in excess of five.
In addition to corporate bonds, the fund may invest in other debt securities such as trust preferred securities, convertible securities, preferred stock, equity securities, U.S. Government and Agency securities, and mortgage or asset-backed securities. The fund will not typically invest more than 10% of its assets in securities rated at or below Caa1 by Moodys, CCC+ by Standard & Poors and CCC+ by Fitch at time of purchase. In selecting securities for the fund, the Adviser performs a risk/reward analysis that includes an evaluation of credit risk, interest rate risk, and the legal and technical structure of the security. The Adviser will attempt to take advantage of inefficiencies that it believes exist in the fixed-income markets. The Adviser seeks to invest in securities that the Adviser expects to offer attractive prospects for current income and capital appreciation in relation to the risk borne.
DSICX Performance
Total returns for DSICX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 11.9% |
DSICX Risk Information
Risk metrics for DSICX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.2%
DSICX Costs and Fees
DSICX costs about $167 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.67%
- Gross expense ratio: 1.69%
- Portfolio turnover: 173%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DSICX Cashflows
Over the 12 months to 2021-06, Diamond Hill Corporate Credit Fund had net inflows of $790.66M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $11.51M |
| 2021-05 | $78.02M |
| 2021-04 | $20.82M |
| 2021-03 | $5.23M |
| 2021-02 | $44.26M |
| 2021-01 | $76.67M |
DSICX Debt Constituents
No individual debt constituents are reported in Diamond Hill Corporate Credit Fund's latest SEC N-PORT filing.
DSICX Prospectus and SEC Filings
Official Diamond Hill Corporate Credit Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-02-26
- Prospectus (485BPOS) — filed 2020-03-05
- Prospectus (485BPOS) — filed 2019-03-12
- Portfolio holdings (N-PORT) — filed 2021-08-30
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Portfolio holdings (N-PORT) — filed 2021-02-26
- Annual census (N-CEN) — filed 2021-03-16
- Annual census (N-CEN) — filed 2020-03-16
Related Funds
Other Developed ex-US Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.