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DGQIX

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1d
1w
1m

Analysis and statistics

  • Open
    9.2347$
  • Previous Close
    9.2347$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DGQIX.US refers to the Diamond Hill Large Cap Concentrated Fund Institutional Class. It's a mutual fund offered by Diamond Hill Capital Management, Inc., typically focusing on a smaller number of large-capitalization U.S. companies (hence "concentrated") that the fund management believes are undervalued. The Institutional Class share class usually requires a higher minimum investment and may have lower expense ratios compared to other share classes of the same fund.
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Factors

Market Interest Rates: Higher interest rates generally decrease bond prices, including those held by DGQIX. Lower rates tend to increase bond prices.

Credit Risk: Changes in the perceived creditworthiness of the bond issuers held by the fund impact its price. Downgrades lower the price, upgrades raise it.

Inflation Expectations: Rising inflation erodes bond values, decreasing the fund's price. Lower inflation expectations can increase it.

Economic Growth: A strong economy may lead to higher interest rates and inflation, negatively impacting bond prices in the fund. A weak economy can have the opposite effect.

Fund Management Expertise: The fund manager's decisions on bond selection and duration impact performance and thus price.

Supply and Demand: Increased demand for the fund raises its price; increased supply lowers it.

Fund Expense Ratio: A higher expense ratio eats into returns, potentially lowering the fund's appeal and indirectly affecting its price relative to other similar funds.

Average Duration: Higher duration funds are more sensitive to interest rate changes, making their prices more volatile.

Fund Size: Extremely large funds may face difficulties in generating alpha, potentially hindering performance and price appreciation.

Liquidity of Holdings: Difficulties in selling the underlying bond holdings may depress price.

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