Past performance is not a guarantee of future results. Composite results reflect the reinvestment of dividends, capital gains and other earnings when appropriate. Net returns are calculated by reducing the gross returns by the highest stated fee in the composite fee schedule. Only transaction costs are deducted from gross of fees returns. Prior to 30 September 2022, actual fees were used in calculating net returns. All net returns were changed retroactively to reflect the highest fee in the composite fee schedule. To view a GIPS Report for all composites, click here.
Calendar Year Returns (%)
Peer Group Quartile Rankings1 As of
30 Sep 2024
Diamond
Hill
Percentile |
82nd 40th 25th 13th
|
"If a company has the resilience and durability to grow its value over time and is trading below what we believe is a reasonable long-term valuation, it puts patience on our side and allows us to stay rational during challenging environments."
—Aaron Monroe, CFA, Portfolio Manager
Learn more about our philosophy
Statistics
Portfolio Characteristics vs Benchmark2
As of
30 Sep 2024
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Portfolio
Portfolio Guidelines
- Typically 50–80 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 below $3.0 billion (or, if greater, the maximum market capitalization of companies generally within the capitalization range of the Russell 2000 Index) at the time of purchase.
Top Ten Equity Holdings3
As of
30 Sep 2024
Sector Allocation4 (%) As of
30 Sep 2024
Russell 2000 Index
Russell 2000 Value Index
Disclosure
1 Source: eVestment Analytics. Ranking within eVestment US Small Cap Value Equity universe based on monthly returns gross of fees. Ranking data calculated on 16 Oct 2024 (as of 30 Sep 2024) and is subject to change as additional firms within the category submit data. Diamond Hill pays an annual fee to eVestment to access their platform and to use their data, including peer group rankings, in marketing materials. Diamond Hill does not pay for the ranking.
2 Source: FactSet. Active Share: Active share measures the difference between portfolio holdings and the benchmark. The higher the active share, the greater the difference. The Russell 2000 Index is the core benchmark. The Russell 2000 Value Index is the value benchmark. Upside/Downside Capture: Source: eVestment Analytics based on monthly returns (gross of fees) from 1 Jan 2001 – 30 Sep 2024.
3 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.
4 Cash & Other may include cash, treasuries, money market funds and short duration fixed income funds.
Index data source: London Stock Exchange Group PLC. See diamond-hill.com/disclosures for index definitions, data sources and other definitions.
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