Under normal market conditions, the fund invests at least 80% of its net assets in securitized bond investments. It will maintain an average portfolio duration of less than three, although under certain market conditions, such as periods of significant volatility in interest rates and spreads, the fund’s average duration may be longer than three.

Nasdaq

DHEAX

The investment seeks to provide long-term capital appreciation. Under normal market conditions, the advisor will invest at least 80% of its net assets in securities issued by companies (i) that are headquartered or have their principal place of business outside the U.S., (ii) whose primary trading markets are outside the U.S. or (iii) that have at least 50% of their assets in, or expect to derive at least 50% of their total revenues or profits from, goods or services produced in or sales made in countries outside the U.S.

DHIAX

The fund normally invests at least 80% of its net assets in U.S. equity securities with large market capitalizations that the Adviser believes are undervalued. Large cap companies are defined as companies with market capitalizations at the time of purchase of $5 billion or greater, or in the range of those market capitalizations of companies included in the Russell 1000 Index at the time of purchase. The Adviser focuses on estimating a company's value independent of its current stock price.

DHLAX

The fund normally invests at least 80% of its net assets in U.S. equity securities with small and medium market capitalizations that the Adviser believes are undervalued. Small and mid cap companies are defined as companies with market capitalizations at the time of purchase between $500 million and $10 billion or in the range of those market capitalizations of companies included in the Russell 2500 Index at the time of purchase. The Adviser focuses on estimating a company's value independent of its current stock price.

DHMAX

The investment seeks to provide long-term capital appreciation. The fund, under normal market conditions, invests at least 80% of its net assets in U.S. equity securities with medium market capitalizations that Diamond Hill Capital Management, Inc. ("the Adviser") believes are undervalued. Equity securities consist of common and preferred stocks. Mid cap companies are defined as companies with market capitalizations at the time of purchase between $1.5 billion and $20 billion or in the range of those market capitalizations of companies included in the Russell Midcap Index at the time of purchase.

DHPAX

The investment seeks to maximize total return consistent with the preservation of capital. The fund seeks to provide total return by investing at least 80% of its net assets (plus any amounts borrowed for investment purposes) in a diversified portfolio of investment grade, fixed income securities, including bonds, debt securities and other similar U.S. dollar-denominated instruments issued by various U.S. public- or private-sector entities, by non-U.S. corporations or U.S. affiliates of non-U.S. corporations. It may invest a significant portion or all of its assets in mortgage-related and mortgage-backed securities at the discretion of the Adviser.

DHRAX

The fund normally invests at least 80% of its net assets in U.S. equity securities with small market capitalizations that the Adviser believes are undervalued. Small cap companies are defined as companies with market capitalizations at the time of purchase below $3 billion or in the range of those market capitalizations of companies included in the Russell 2000 Index at the time of purchase. The Adviser focuses on estimating a company's value independent of its current stock price.

DHSCX

The fund normally invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued. Equity securities consist of common and preferred stocks. The Adviser focuses on estimating a company's value independent of its current stock price. The Adviser also considers the level of industry competition, regulatory factors, the threat of technological obsolescence, and a variety of other industry factors. The fund is non-diversified.

DHTAX

The fund invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued and selling short U.S. equity securities of any size capitalization the Adviser believes are overvalued. The Adviser focuses on estimating a company's value independent of its current stock price. The fund also will sell securities short. Short sales are effected when it is believed that the price of a particular security will decline, and involves the sale of a security which the fund does not own in hopes of purchasing the same security at a later date at a lower price.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	Short-Term Bond	Jul 5, 2016	0.83%	3.29%	—	5.56%
DHIAX	Diamond Hill International Fund	Foreign Large Cap Equities	Jun 28, 2019	1.13%	9.29%	—	0.84%
DHLAX	Diamond Hill Large Cap Fund	Large Cap Value Equities	Jun 29, 2001	0.96%	9.43%	9.45%	2.81%
DHMAX	Diamond Hill Small-Mid Cap Fund	Mid Cap Value Equities	Dec 30, 2005	1.21%	5.01%	6.80%	0.95%
DHPAX	Diamond Hill Mid Cap Fund	Mid Cap Value Equities	Dec 31, 2013	1.07%	8.55%	7.33%	2.02%
DHRAX	Diamond Hill Core Bond Fund	Intermediate Core Bond	Jul 5, 2016	0.76%	0.02%	—	4.39%
DHSCX	Diamond Hill Small Cap Fund	Small Cap Value Equities	Dec 29, 2000	1.26%	6.45%	6.10%	28.87%
DHTAX	Diamond Hill All Cap Select Fund	Mid Cap Value Equities	Dec 30, 2005	1.16%	9.81%	9.93%	0.25%
DIAMX	Diamond Hill Long-Short Fund	Long-Short	Jun 29, 2000	1.36%	9.93%	6.22%	3.66%

Diamond Hill Mutual Funds List

Risk vs. Return Scatterplot