Our Team
"We all have a shared love for what we do."
Watch More
Investment Philosophy
"The essence of our philosophy is that the market is not efficient — we want to exploit these inefficiencies."
Watch More
Investment Process
"We're always looking for relative value and opportunities in the marketplace, and it's all based on bottom-up security selection."
Watch More
Unlocking Potential: Securitized Assets
"One of the things we like about the securitized market is the credit enhancements — the things that protect investors that are put in place that you don't get with credit."
Watch More
Building Lasting
Client Partnerships
"We're not looking for clients, we're looking for strategic partners."
Watch More
Stay current on your favorite topics and receive portfolio updates direct to your inbox.
Portfolio
Portfolio Guidelines
The portfolio generally invests at least 80% of its assets in a diversified portfolio of fixed income securities and may invest a significant portion or all of its assets in securitized bond investments. The portfolio may invest up to 35% of its assets in below-investment grade securities at the time of purchase. The portfolio will typically maintain an average portfolio duration within 20% of the duration of the Bloomberg US Aggregate Bond Index.
Disclosure
Risk disclosure: In general, when interest rates rise, fixed income values fall. Lower quality/high yield securities involve greater default risk or price changes than bonds with higher credit ratings. Mortgage- and asset-backed securities are influenced by factors affecting the housing market and the assets underlying such securities. The securities may decline in value, face valuation difficulties and become more volatile and/or illiquid. They are also subject to prepayment risk, which occurs when mortgage holders refinance or repay loans sooner than expected, creating an early return of principal to loan holders.
Index data source: Bloomberg Index Services Limited. See diamond-hill.com/disclosures for a full copy of the disclaimer.
DIAMOND HILL® CAPITAL MANAGEMENT, INC. | DIAMOND-HILL.COM | 855.255.8955 | 325 JOHN H. MCCONNELL BLVD | SUITE 200 | COLUMBUS, OHIO 43215