Mark Jackson, CFA
Portfolio Manager
Henry Song, CFA
Douglas Gimple
Senior Portfolio Specialist
Composite Fact Sheet
Composite Commentary
Past performance is not a guarantee of future results. To view a compliant presentation for all composites, click here.
2 This is presented as supplemental information. Source: eVestment Analytics. Ranking within eVestment U.S. Core Fixed Income universe based on monthly returns gross of fees. Ranking data calculated on 1/20/21 (as of 12/31/20) and is subject to change as additional firms within the category submit data.
This is presented as supplemental information.
The Fund generally invests at least 80% of its assets in a diversified portfolio of investment grade, fixed income securities and may invest a significant portion or all of its assets in mortgage-related and mortgage-backed securities. The Fund will typically maintain an average portfolio duration within 20% of the duration of the Bloomberg Barclays U.S. Aggregate Index.
1 2016 returns represent the time period 7/31/16-12/31/16.
3 Relative to the Bloomberg Barclays U.S. Aggregate Index.
4 Residential Mortgage-Backed securities/Commercial Mortgage-Backed Securities. Cash & Other may include cash, money market funds, and short duration fixed income funds.
5 Security quality ratings are derived from underlying portfolio securities by using the middle rating of Standard & Poor’s, Moody’s, and Fitch. If only two of Standard & Poor’s, Moody’s, and Fitch rates a security the higher of the two is selected. If only one of Standard & Poor’s, Moody’s, and Fitch rates a security the available rating is used. For securities that are not rated by Standard & Poor’s, Moody’s, or Fitch a rating from a secondary Nationally Recognized Statistical Rating Organization (“NRSRO”) may be used. Ratings by any agency represent an opinion only, not a recommendation to buy or sell. Securities that are not rated by any agencies are reflected as Not Rated “NR.”
6 Key Rate Duration (KRD) measures the contribution to duration to the entire portfolio from each part of the yield curve.
Index data source: Bloomberg Index Services Limited. See diamond-hill.com/disclosures for a full copy of the disclaimer.