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Diamond Hill Strategic Income I (DHSTX) Fund Ranking and Research

Ranking, Research and Recommendation of Diamond Hill Strategic Income I (DHSTX) Fund

    Last Trade: $11.34 on 8/23/2017, Change: +0.00 (0%)

 

Graph of Diamond Hill Strategic Income I Fund (DHSTX) ManagerFund Manager - William P. Zox

Fund Manager Information

Fund Manager Tenure: 11.3 years
Fund Family: Diamond Hill Funds
Fund Category: High Yield Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.79)     (What does this score mean?)
Mr. Zox has a Bachelor of Arts degree from Williams College, a Juris Doctor degree from the Moritz College Of Law at The Ohio State University and a Masters of Law degree from the University of Florida College of Law in taxation and holds the CFA designation. He has been an investment professional with the Adviser since January 2001. From 1993 to 2000, he was a tax associate and then a tax partner with the law firm of Schottenstein, Zox & Dunn Co., L.P.A.  Get more insights on William P. Zox

 

Graph of Diamond Hill Strategic Income I Fund (DHSTX) ProfileDiamond Hill Strategic Income I Fund (DHSTX) Profile

Fund Profile and Description

Diamond Hill Strategic Income I Fund seeks current income and an attractive total return. Diamond Hill Strategic Income I Fund normally invests at least 80% of assets in income-producing securities including investment-grade and non-investment grade corporate bonds, preferred stocks of any market capitalization, real estate investment trusts, convertible corporate bonds, convertible preferred income-producing securities, structured instruments, U.S. Government and agency securities, closed-end investment companies, master limited partnerships, equity securities of any market capitalization, and derivatives, such as futures contracts, option and swaps.

 

Diamond Hill Strategic Income I (DHSTX) Fund Strength What we like about Diamond Hill Strategic Income I (DHSTX) Fund

Data for Diamond Hill Strategic Income I Fund (DHSTX) as of May 30, 2016

  • Diamond Hill Strategic Income I Fund (DHSTX) management has been with Diamond Hill Strategic Income I Fund for 11.3 years
  • Diamond Hill Strategic Income I Fund (DHSTX) has good short-term performance (1-year return 3.12% vs -2.18% High Yield Bond category median performance)
  • Diamond Hill Strategic Income I Fund (DHSTX) has good mid-term performance (3-year return 4.42% vs 2.05% High Yield Bond category median performance)
  • Diamond Hill Strategic Income I Fund (DHSTX) has good Long-term performance (5-year return 5.12% vs 4.38% High Yield Bond category median performance)
  • Diamond Hill Strategic Income I Fund (DHSTX) ratio of up-years vs down years is greater than 2
  • Diamond Hill Strategic Income I Fund (DHSTX) has a Morningstar rating of 4 and above
  • Asset base in Diamond Hill Strategic Income I Fund (DHSTX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Diamond Hill Strategic Income I Fund (DHSTX) has an annual stock turnover rate of 48.00% vs High Yield Bond average of 63.72%. It is good that Diamond Hill Strategic Income I management does not trade extensively for its return.
  • Diamond Hill Strategic Income I Fund (DHSTX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.9, lower than category average of 5.76
  • Diamond Hill Strategic Income I Fund (DHSTX) has a lower expense ratio than its High Yield Bond average: 0.68% vs 1.07%
  • Diamond Hill Strategic Income I Fund (DHSTX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Diamond Hill Strategic Income I Fund (DHSTX) Weakness What we are cautious about Diamond Hill Strategic Income I (DHSTX) Fund

Data for Diamond Hill Strategic Income I Fund (DHSTX) as of May 30, 2016

See Diamond Hill Strategic Income I Fund (DHSTX) performance details as of May 30, 2016

 

What do you think?

 

Compare Diamond Hill Strategic Income I Fund (DHSTX)Compare with other top High Yield Bond category mutual funds

Aadditional top High Yield Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Diamond Hill Strategic Income I6.153.124.425.12
Eaton Vance High Income Opportunities I (EIHIX)6.240.694.366.18Compare
BlackRock High Yield Bond BlackRock (BRHYX)5.75-2.183.175.58Compare
Buffalo High-Yield (BUFHX)2.740.753.465.03Compare

See top fund managers for High Yield Bond Category Funds

 

Compare Diamond Hill Strategic Income I Fund (DHSTX)Compare with High Yield Bond category ETFs

Some High Yield Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
PIMCO 0-5 Year High Yield Corp Bd ETF (HYS)000
SPDR Barclays High Yield Bond ETF (JNK)6.14%-4.91%1.23%
iShares iBoxx $ High Yield Corporate Bd (HYG)5.79%-2.67%2.13%

 

Graph of Diamond Hill Strategic Income I Fund (DHSTX) Net Asset TrackingDiamond Hill Strategic Income I (DHSTX) Fund Net Asset

Track net asset change of Diamond Hill Strategic Income I fund (DHSTX)

DateNet Asset
05/2016$402.83M
03/2016$382.13M
02/2016$348.58M
More historic net asset information on Diamond Hill Strategic Income I Fund (DHSTX)

  

Graph of Diamond Hill Strategic Income I Fund (DHSTX) Portfolio TrackingDiamond Hill Strategic Income I (DHSTX) Fund Portfolio Allocation

Track portfolio allocation change of Diamond Hill Strategic Income I fund (DHSTX)

DateCashStockBondOther
05/201610.22%0%89.58%0%
03/20166.13%0%93.67%0%
01/20167.77%0%92.01%0%
Click here to see more historic asset allocation information on Diamond Hill Strategic Income I Fund (DHSTX)

 

graph of Diamond Hill Strategic Income I Fund (DHSTX) Top 10 Position TrackingTop 10 Holdings in Diamond Hill Strategic Income I (DHSTX) Fund

Discover what Diamond Hill Strategic Income I Fund (DHSTX) manager is buying

May 30, 2016
Popular 7% [4.9%]
Cincinnati Bell Inc New 8.375% [3.47%]
Vpi Escrow 144A 6.375% [2.95%]
Casella Waste Sys 7.75% [2.76%]
Cogent Comms Fin 144A 5.625% [2.68%]
Bankrate Inc Del 144A 6.125% [2.59%]
Southwestern Engy 7.5% [2.55%]
Nationstar Mtg Llc / Nationsta 6.5% [2.41%]
Rent A Ctr Inc New 4.75% [2.29%]
Radian Grp 5.25% [2.28%]

Mar 30, 2016
Popular 7% [4.92%]
Vpi Escrow 144A 6.375% [3.62%]
Cincinnati Bell Inc New 8.375% [3.47%]
Casella Waste Sys 7.75% [2.77%]
Cogent Comms Fin 144A 5.625% [2.66%]
Radian Grp 5.25% [2.48%]
Bankrate Inc Del 144A 6.125% [2.44%]
Nationstar Mtg Llc / Nationsta 6.5% [2.23%]
Rivers Pittsburgh Borrower 144A 9.5% [2.22%]
Oceaneering Intl 4.65% [2.12%]

Jan 30, 2016
Popular 7% [4.4%]
Cincinnati Bell Inc New 8.375% [3.44%]
Vpi Escrow 144A 6.375% [3.3%]
Casella Waste Sys 7.75% [3%]
Radian Grp 5.25% [2.62%]
Cogent Comms Fin 144A 5.625% [2.6%]
Rivers Pittsburgh Borrower 144A 9.5% [2.51%]
Cemex Fin 144A 9.375% [2.17%]
Nationstar Mtg Llc / Nationsta 9.625% [2.02%]
Frontier Comms 144A 10.5% [2.01%]
Click here for Stock Holding Change Map in Diamond Hill Strategic Income I Fund (DHSTX)

  

Latest News on Diamond Hill Strategic Income I (DHSTX) Fund

See what is happening with Diamond Hill Strategic Income I Fund (DHSTX)

 

Diamond Hill Strategic Income I Fund (DHSTX) Related ResourcesSee more information on Diamond Hill Strategic Income I (DHSTX) Fund

Popular pages on Diamond Hill Strategic Income I (DHSTX) Fund

  

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