Small-Mid Cap Fund
Total net assets
$1.2B
As of
31 Oct 2024
Tickers
DHMAX (Investor)
DHMIX (Class I)
DHMYX (Class Y)
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. Class Y shares include performance based on Investor shares for the Small-Mid Cap Fund which was achieved prior to the creation of Class Y shares.
Calendar Year Returns (%)
"We focus on long-term business fundamentals and valuations rather than perfrect timing or price volatility. We believe solid businesses with attractive valuations eventually yield positive results."
—Chris Welch, CFA, Portfolio Manager
Learn more about our philosophy
Statistics
Portfolio Characteristics1
As of
30 Sep 2024
Five-Year Risk Statistics As of
30 Sep 2024 (Class I Shares)
Since Inception Upside/Downside Capture As of
30 Sep 2024
(Class I Shares)
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Portfolio
Portfolio Guidelines
- Typically 50—70 positions
- Maximum position size is 7%
- Top 10 holdings are typically greater than 25% of net assets
- Maximum industry exposure is 20%
- Maximum sector exposure is 30%
Market Capitalization
The portfolio typically invests in companies with a market capitalization between $500 million and $10 billion (or, if greater, the maximum market capitalization of companies generally within the capitalization range of the Russell 2500 Index) at the time of purchase.
Top Ten Equity Holdings2
As of
30 Sep 2024
Sector Allocation3 (%) As of
30 Sep 2024
Russell 2500 Index
Russell 2500 Value Index
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: Small- and mid-capitalization issues tend to be more volatile and less liquid than large-capitalization issues.
Fund holdings, sector allocations and portfolio statistics subject to change without notice.
1 Active Share is relative to the Russell 2500 Index.
2 Securities referenced may not be representative of all portfolio holdings. The reader should not assume that an investment in the securities was or will be profitable.
3 Cash & Other may include cash, treasuries, money market funds and short duration fixed income funds. Includes a 0.8% investment in the Diamond Hill Short Duration Securitized Bond Fund.
DIAMOND HILL® CAPITAL MANAGEMENT, INC. | DIAMOND-HILL.COM | 855.255.8955 | 325 JOHN H. MCCONNELL BLVD | SUITE 200 | COLUMBUS, OHIO 43215