#BOND TURNOVER RATIO FORMULA PLUS#

Past performance is no guarantee of future results.Share turnover is an important indicator for stock marketers, and it becomes extremely important for both the companies and the marketers to calculate them.

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#BOND TURNOVER RATIO FORMULA PLUS#

If dividend expenses relating to short sales were excluded, the Total Expense Ratio for the Long-Short Fund would have been 1.37% for Investor, 1.08% for Class I and 0.96% for Class Y.Ģ The portfolio turnover (12 months trailing) calculation is the lesser of long buys plus short sales or long sales plus short covers divided by the average gross value of portfolio securities excluding cash equivalents.ģ Securities referenced may not be representative of all portfolio holdings. Overall equity market risks may affect the portfolio's value.įund holdings, sector allocations and portfolio statistics subject to change without notice.ġ Includes dividend expense relating to short sales. Theoretically, stocks sold short have the risk of unlimited losses. Risk disclosure: The portfolio uses short selling which incurs significant additional risk. See /disclosures for index definitions, data sources and other definitions. Not FDIC insured | No bank guarantee | May lose value Diamond Hill Capital Management, Inc., a registered investment adviser, serves as Investment Adviser to the Diamond Hill Funds and is paid a fee for its services. The Diamond Hill Funds are distributed by Foreside Financial Services, LLC (Member FINRA). This and other important information are contained in the Fund’s prospectus and summary prospectus, which are available at or calling 888.226.5595. No distributions shown for the selected filter values DocumentsĬarefully consider the Fund’s investment objectives, risks and expenses.

Bond turnover ratio formula