Diamond Hill Awarded Institutional Core Bond Mandate
COLUMBUS, Ohio – September 10, 2019 – Diamond Hill Capital Management has been awarded a $140 million Core Bond mandate by Battelle Memorial Institute, a non-profit organization providing research and development technology in the areas of energy, health and life sciences, national security, defense, laboratory management and education. The mandate consists of two separate institutional accounts.
“Battelle is a premiere global research and development organization headquartered down the street from us in Columbus, Ohio. Henry Song and Mark Jackson, as well as the rest of the Diamond Hill team, have put us in the position to earn the trust and confidence of Battelle,” said Bill Zox, Chief Investment Officer for Fixed Income at Diamond Hill Capital Management.
The mandate will be managed by portfolio managers Henry Song and Mark Jackson, who also manage the Diamond Hill Core Bond Fund and the Diamond Hill Short Duration Total Return Fund which were launched in June 2016 when they joined Diamond Hill.
An investor should consider the Fund’s investment objectives, risks, charges, and expenses carefully before investing. The prospectus or summary prospectus contain this and other important information about the Fund(s) and are available at diamond-hill.com or by calling 888.226.5595. Please read the prospectus or summary prospectus carefully before investing. The Diamond Hill Funds are distributed by Foreside Financial Services, LLC (Member FINRA). 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. Diamond Hill Funds are not FDIC insured, may lose value, and have no bank guarantee.