Diamond Hill Corporate Credit I Fund (DHSTX) seeks maximization of income and preservation of capital for five years time horizon. DHSTX invests a major portion of its assets in a diversified portfolio of corporate bonds, which are rated investment-grade or lower or even unrated. DHSTX have an effective duration of five years and lower.
This Allocation Balanced product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 5.9% and 5 year 6%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
DHSTX’s performance, as of the last filing, when compared to funds in its category was in the top 29% over the past 1 year, and in the top 12% over the past 3 years and in the top 34% over the past 5 years.
The Diamond Hill Corporate Credit I fund, as of the last filing, allocates their fund in top three major groups; High Yield Bond, Intermediate Bond and Foreign Stock.
This Zacks Rank #2 (Buy) was incepted in January 2005 and is managed by Diamond Hill. DHSTX carries an expense ratio of 0.64% and requires a minimal initial investment of $2,500.
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Zacks Investment Research