Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX)
| Fund Assets | 5.14B |
| Expense Ratio | 0.53% |
| Min. Investment | $2,500 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 5.95% |
| Dividend Growth | -2.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 9.98 |
| YTD Return | 1.33% |
| 1-Year Return | 5.89% |
| 5-Year Return | 24.88% |
| 52-Week Low | 9.93 |
| 52-Week High | 10.10 |
| Beta (5Y) | n/a |
| Holdings | 589 |
| Inception Date | Jul 5, 2016 |
About DHEIX
Diamond Hill Short Duration Securitized Bond Fund Class I is an actively managed mutual fund focused on securitized fixed income with an emphasis on preserving capital while seeking total return. The fund primarily invests in asset-backed and mortgage-related securities, generally keeping at least 80% of assets in securitized bonds and maintaining a short average duration, typically one to two years with a maximum of three, to help manage interest-rate sensitivity. It can allocate a limited portion to below‑investment‑grade issues at purchase, allowing flexibility to capture spread opportunities across residential and commercial mortgage-backed securities and other asset-backed segments. The strategy is led by an experienced team employing bottom‑up security selection to identify relative value within the securitized market. The fund distributes income monthly and has been positioned against short-term benchmarks such as 1–3 year government/credit indices to contextualize risk and return. Its role in the market centers on offering short-duration exposure to securitized credit, aiming for higher credit quality and income potential relative to government- or corporate‑centric short-term bond approaches through diversified securitized holdings.
Performance
DHEIX had a total return of 5.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.28%.
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 Bond Fund - Class M | 0.51% |
| FBNAX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class A | 0.50% |
| FBNIX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class I | 0.30% |
| FANCX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class C | 1.36% |
| FIKTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class Z | 0.25% |
Top 10 Holdings
16.23% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 9.25% |
| United States Treasury Notes 2.25% | T.2.25 08.15.27 | 0.94% |
| GS MORTGAGE BACKED SECURITIES TRUST 2025-NQM4 5.006% | GSMBS.2025-NQM4 A1 | 0.83% |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2025-1 5.415% | RPM.2025-1A A | 0.82% |
| HTAP 2024-2 6.5% | HTAP.2024-2 A | 0.77% |
| LIFE FINANCIAL SERVICES TRUST 4.97543% | LIFE.2022-BMR2 A1 | 0.76% |
| Federal Home Loan Mortgage Corp. 7.04728% | MSCR.2021-MN2 M2 | 0.74% |
| United States Treasury Notes 1.25% | T.1.25 09.30.28 | 0.72% |
| MF1 2026-FL21 LLC 0% | MF1.2026-FL21 A | 0.71% |
| Government National Mortgage Association 7% | n/a | 0.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.053 | Mar 31, 2026 |
| Feb 26, 2026 | $0.042 | Feb 27, 2026 |
| Jan 29, 2026 | $0.047 | Jan 30, 2026 |
| Dec 30, 2025 | $0.050 | Dec 31, 2025 |
| Nov 26, 2025 | $0.053 | Nov 28, 2025 |
| Oct 30, 2025 | $0.049 | Oct 31, 2025 |