Securitized Total Return Fund
Total net assets
$32MM
As of
28 Feb 2026
Tickers
DHWAX (Investor)
DHWIX (Class I)
DHWYX (Class Y)
The performance data quoted represents past performance. Past performance is not indicative of future results. Investment returns and principal values will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The Fund’s current performance may be lower or higher than the performance quoted. Performance assumes reinvestment of all distributions. Returns for periods less than one year are not annualized.
Statistics
Portfolio Characteristics1
As of
31 Dec 2025
Portfolio Statistics
As of
31 Dec 2025
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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 asset-backed, mortgage-related and mortgage-backed securities. The portfolio may invest up to 15% of its assets in below-investment grade securities at the time of purchase. The portfolio will typically maintain an average portfolio duration within 2 of the Bloomberg US Securitized: MBS, ABS and CMBS Index.
Sector Allocation2 (%) As of
31 Dec 2025
Bloomberg US Securitized MBS ABS CMBS Index
Duration Breakdown (%)As of
31 Dec 2025
|
Securitized Total Return Fund |
Bloomberg US Securitized MBS ABS CMBS Index |
| Less than 1Y |
20.3 |
0.0 |
| 1-3Y |
14.9 |
0.0 |
| 3-5Y |
13.1 |
0.0 |
| 5-7Y |
26.2 |
0.0 |
| 7-10Y |
12.5 |
0.0 |
| 10-20Y |
9.8 |
0.0 |
| 20+Y |
3.2 |
0.0 |
Credit Quality Rating3 (%) As of
31 Dec 2025
| AAA |
5.3 |
| AA |
64.1 |
| A |
8.4 |
| BBB |
16.8 |
| BB |
2.7 |
| B |
0.2 |
| CCC & Below |
0.0 |
| Not Rated |
2.5 |
Key Rate Duration (%) As of
31 Dec 2025
|
Securitized Total Return Fund |
Bloomberg US Securitized MBS ABS CMBS Index |
| 1Y |
0.09 |
0.16 |
| 2Y |
0.19 |
0.20 |
| 3Y |
0.33 |
0.37 |
| 5Y |
1.02 |
1.00 |
| 10Y |
2.24 |
1.90 |
| 20Y |
1.41 |
1.30 |
| 30Y |
0.10 |
0.14 |
No distributions shown for the selected filter values
Disclosure
Carefully consider the Fund’s investment objectives, risks and expenses. This and other important information are contained in the Fund’s prospectus and summary prospectus, which are available at diamond-hill.com or calling 888.226.5595. Read 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. Not FDIC insured | No bank guarantee | May lose value
See diamond-hill.com/disclosures for index definitions, data sources and other definitions.
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.
Fund holdings, sector allocations and portfolio statistics subject to change without notice.
Analytics provided by The Yield Book® Software.
1 30-day SEC Yield represents net investment income earned by the fund over the previous 30-day period, expressed as an annual percentage rate based on the Fund’s share price at the end of the 30-day period.
2 Cash & Other may include cash and money market funds. RMBS: Residential Mortgage-Backed Securities, CMBS: Commercial Mortgage-Backed Securities.
3 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”.
DIAMOND HILL® CAPITAL MANAGEMENT, INC. | DIAMOND-HILL.COM | 855.255.8955 | 325 JOHN H. MCCONNELL BLVD | SUITE 200 | COLUMBUS, OHIO 43215