Diamond Hill Short Duration Securitized Bond Fund Investor Share (DHEAX)

Fund Assets	6.18B
Expense Ratio	0.787%
Min. Investment	$2,500
Turnover	37.00%
Dividend (ttm)	0.55
Dividend Yield	5.54%
Dividend Growth	-5.38%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	9.83
YTD Return	2.54%
1-Year Return	3.21%
5-Year Return	23.59%
52-Week Low	9.80
52-Week High	10.08
Beta (5Y)	0.04
Holdings	637
Inception Date	Jul 5, 2016

About DHEAX

Diamond Hill Short Duration Securitized Bond Fund Investor Class is an actively managed mutual fund focused on high-quality, short-maturity fixed income. Its primary objective is to maximize total return while preserving capital, achieved by concentrating on securitized credit—such as asset-backed, mortgage-backed, and related structured securities—with an average portfolio duration typically under three years to limit interest‑rate sensitivity. The fund invests predominantly in investment‑grade bonds and maintains a broad, diversified portfolio, complemented by liquidity holdings, to manage risk across sectors of the securitized market. Management emphasizes bottom‑up security selection in less efficient segments of structured credit, seeking stable income and incremental spread relative to traditional short-term government and corporate benchmarks. Positioned within the short‑term bond category, it targets investors seeking a conservative core bond allocation with exposure to securitized assets and regular distributions, balancing credit quality, duration control, and diversification to play a defensive role in fixed income portfolios.

• Fund Family: Diamond Hill Funds
• Category: Short Inv Grade
• Performance Rating: Above Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: DHEAX
• Share Class: Investor
• Index: Bloomberg 1-3 Y Government/Credit TR

Performance

DHEAX had a total return of 3.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FBNTX	Fidelity	Fidelity Advisor Short-Term Bd M	0.52%
FBNAX	Fidelity	Fidelity Advisor Short-Term Bd A	0.49%
FBNIX	Fidelity	Fidelity Advisor Short-Term Bd I	0.29%
FANCX	Fidelity	Fidelity Advisor Short-Term Bd C	1.40%
FIKTX	Fidelity	Fidelity Advisor Short-Term Bond Z	0.24%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DHEYX	Class Y	0.40%
DHEIX	Class I	0.53%

Top 10 Holdings

17.25% of assets

Name	Symbol	Weight
State Street Instl US Govt MMkt Premier	GVMXX	9.60%
U.S. Bank National Association 5.5%	USCLN.2026-SUP1 B1	1.25%
United States Treasury Notes 3.625%	T.3.625 05.31.28	0.87%
Federal Home Loan Mortgage Corp. 6.96608%	MSCR.2021-MN2 M2	0.86%
United States Treasury Notes 2.25%	T.2.25 08.15.27	0.86%
GPCC AMORTIZING RECEIVABLES 2026-1 LLC 5.96%	CARD.2026-1A A	0.85%
United States Treasury Notes 1.25%	T.1.25 09.30.28	0.82%
LIFE FINANCIAL SERVICES TRUST 4.97161%	LIFE.2022-BMR2 A1	0.82%
GPCC AMORTIZING RECEIVABLES 2026-1 LLC 9.26%	CARD.2026-1A D	0.66%
HTAP 2024-2 6.5%	HTAP.2024-2 A	0.66%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.040	Sep 30, 2026
Aug 28, 2026	$0.040	Aug 31, 2026
Jul 30, 2026	$0.043	Jul 31, 2026
Jun 29, 2026	$0.053	Jun 30, 2026
May 28, 2026	$0.043	May 29, 2026
Apr 29, 2026	$0.045	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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