Mutual Fund Insights: Diamond Hill Long-Short A Fund (DIAMX)

In-depth Analysis of Diamond Hill Long-Short A Fund (DIAMX)

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See Diamond Hill Long-Short A Fund (DIAMX) performance details as of January 31, 2010

  

Last Trade: $16.14 on 3/18/2010, Change: -0.07 (-0.43%)

  

Fund Manager - R.H. Dillon Jr.

Fund Manager Tenure: 9.7 years
Fundmojo Fund Grade: C (Score: 0.59)     (What does this score mean?)

Dillon is a portfolio manager with Diamond Hill Capital Management. From 1997 to 2000, he served as vice president of Loomis Sayles & Co., an investment advisory firm. From 1993 to 1997, he served as the president and chief investment officer of Dillon Capital Management, an investment advisory firm. Dillon holds the Chartered Financial Analyst designation.  Get more insights on R.H. Dillon Jr.

  

 What we like about Diamond Hill Long-Short A Fund (DIAMX)

Data for Diamond Hill Long-Short A Fund (DIAMX) as of January 31, 2010

• Diamond Hill Long-Short A Fund (DIAMX) management has been with Diamond Hill Long-Short A Fund for 9.7 years
• Diamond Hill Long-Short A Fund (DIAMX) has good short-term performance (1-year return 23.34% vs 11.69% Long-Short category average)
• Diamond Hill Long-Short A Fund (DIAMX) has good Long-term performance (5-year return 5.31% vs 1.81% Long-Short category average)
• Diamond Hill Long-Short A Fund (DIAMX) ratio of up-years vs down years is greater than 2
• Diamond Hill Long-Short A Fund (DIAMX) has an annual stock turnover rate of 59.00% vs Long-Short average of 349.35%. It is good that Diamond Hill Long-Short A management does not trade extensively for its return.
• Diamond Hill Long-Short A Fund (DIAMX) has a lower management fee than its Long-Short average: 1.68% vs 2.07%

  

 What we are cautious about Diamond Hill Long-Short A Fund (DIAMX)

Data for Diamond Hill Long-Short A Fund (DIAMX) as of January 31, 2010

• Diamond Hill Long-Short A Fund is a focused fund with 35.37% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Diamond Hill Long-Short A Fund (DIAMX) has a less-than-ideal mid-term performance (3-year return -2.49% vs -2.05% Long-Short category average)
• Diamond Hill Long-Short A Fund (DIAMX) has a Morningstar rating of 3 and below
• Diamond Hill Long-Short A Fund (DIAMX) is less safe compared to its Long-Short peers
• Diamond Hill Long-Short A Fund (DIAMX) is more volatile than its peers as it has a 3-year Standard Deviation of 14.12 that is higher than category average of 10.49
• Diamond Hill Long-Short A Fund (DIAMX) carries a 5% load

See Diamond Hill Long-Short A Fund (DIAMX) performance details as of January 31, 2010

  

  

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Diamond Hill Long-Short A Fund (DIAMX) Net Asset

Track net asset change of Diamond Hill Long-Short A fund (DIAMX)

Date	Net Asset
01/2010	$967.51M
11/2009	$965.95M
10/2009	$925.97M

More historic net asset information on Diamond Hill Long-Short A Fund (DIAMX)

  

Diamond Hill Long-Short A Fund (DIAMX) Portfolio Allocation

Track portfolio allocation change of Diamond Hill Long-Short A fund (DIAMX)

Date	Cash	Stock	Bond	Other
10/2009	35.48%	64.52%	0%	0%
09/2009	33.8%	66.2%	0%	0%
08/2009	36.95%	63.05%	0%	0%

Click here to see more historic asset allocation information on Diamond Hill Long-Short A Fund (DIAMX)

  

Most Recent Top 10 Holdings in Diamond Hill Long-Short A Fund (DIAMX)

Discover what Diamond Hill Long-Short A Fund (DIAMX) manager is buying

31-Oct-09 JPMorgan 100% US Tr Sec MM Capital [4.83%] APACHE CP [4.67%] JPMorgan US Govt MMkt Capital [4.66%] OCCIDENTAL PET [4.28%] ANADARKO PETROLEUM [3.68%] UNITED TECH [3.24%] ABBOTT LABORATORIES [3.23%] DEVON ENERGY CP (OK) [3.22%] PROCTER GAMBLE CO [3.14%] MEDTRONIC INC [3.07%]

30-Sep-09 JPMorgan 100% US Tr Sec MM Capital [4.92%] APACHE CP [4.64%] OCCIDENTAL PET [4.5%] ANADARKO PETROLEUM [4.48%] DEVON ENERGY CP (OK) [3.41%] UNITED TECH [3.28%] ABBOTT LABORATORIES [3.22%] MEDTRONIC INC [3.22%] PROCTER GAMBLE CO [3.2%] JPMorgan US Govt MMkt Capital [3.16%]

31-Aug-09 JPMorgan US Govt MMkt Capital [8.26%] JPMorgan 100% US Tr Sec MM Capital [4.94%] APACHE CP [4.31%] OCCIDENTAL PET [4.22%] ANADARKO PETROLEUM [3.79%] MEDTRONIC INC [3.36%] UNITED TECH [3.2%] DEVON ENERGY CP (OK) [3.12%] PROCTER GAMBLE CO [3%] ABBOTT LABORATORIES [2.96%]

Click here for Stock Holding Change Map in Diamond Hill Long-Short A Fund (DIAMX)

  

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See more information on Diamond Hill Long-Short A Fund (DIAMX)

• Diamond Hill Long-Short A Fund Insights
• Diamond Hill Long-Short A Fund Performance Data
• Diamond Hill Long-Short A Fund News
• Diamond Hill Long-Short A Fund Score Explaination
• Diamond Hill Long-Short A Fund Manager Information
• Historic Diamond Hill Long-Short A Fund Asset Allocation Report
• Historic Diamond Hill Long-Short A Fund Top 10 Holding Tracking
• Historic Diamond Hill Long-Short A Fund Asset Under Management Tracking