Diamond Hill Research Opportunities Fund Class Y
DROYX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 325 John H. Mcconnell Boulevard Columbus OH United States of America 43215
- IPO Date
- Jan 2, 2019
- CIK
- 0001032423
- Similar Companies
- Business
- Diamond Hill Research Opportunities Fund Class Y (DROYX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in U.S. equity securities across all market capitalizations, with a focus on companies trading below their intrinsic value as determined through fundamental research; it employs a disciplined, bottom-up investment approach emphasizing high-quality businesses with sustainable competitive advantages, strong balance sheets, and attractive valuations. The fund offers Class Y shares characterized by lower expense ratios, targeting institutional and high-net-worth investors seeking cost-efficient access to Diamond Hill's proprietary research-driven strategy. Managed as part of the Diamond Hill Funds series by Diamond Hill Investment Group, Inc., founded in 2000 and headquartered in Columbus, Ohio, the fund operates within the large blend category, serving individual and institutional clients through a U.S.-focused equity portfolio that may include small-, mid-, and large-cap stocks. The fund's core offerings center on actively managed equity investments guided by intrinsic value principles; it provides exposure to diversified U.S. equities selected for long-term holding periods, with portfolio construction prioritizing downside protection and capital growth over market cycles; net assets stand at approximately $33.45 million, reflecting its niche positioning within Diamond Hill's broader suite of mutual funds and separate accounts. In December 2025, Diamond Hill Investment Group, the fund's adviser, announced its agreement to be acquired by First Eagle Investments in a transaction valued at a 49% premium to its recent share price, representing a major strategic shift to enhance resources, distribution, and investment capabilities while preserving the firm's disciplined philosophy; this follows the July 2025 launch of the Diamond Hill Securitized Total Return Fund, expanding Diamond Hill's fixed income offerings amid market volatility. The acquisition, pending regulatory approval, positions DROYX and peer funds for bolstered growth under First Eagle's 160-year legacy, with no immediate changes anticipated to investment teams or strategies. These developments underscore Diamond Hill's evolution from an independent manager with $31.9 billion in combined assets under management and advisement as of late 2024.