Diamond Hill Short Dur Securitized Bd Y (DHEYX)
| Fund Assets | 4.48B |
| Expense Ratio | 0.41% |
| Min. Investment | $500,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 6.07% |
| Dividend Growth | -0.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 10.10 |
| YTD Return | 2.94% |
| 1-Year Return | 4.78% |
| 5-Year Return | 29.12% |
| 52-Week Low | 9.92 |
| 52-Week High | 10.11 |
| Beta (5Y) | n/a |
| Holdings | 528 |
| Inception Date | Jul 5, 2016 |
About DHEYX
Diamond Hill Short Duration Securitized Bond Fund Class Y is an actively managed open-end mutual fund focused on **securitized fixed income** with an emphasis on **short duration** risk control. The strategy seeks to maximize total return consistent with capital preservation by investing primarily in asset-backed, mortgage-backed, and other securitized bonds, generally keeping at least 80% of assets in securitized investments and maintaining an average portfolio duration of roughly one to two years, capped at three. The fund can allocate a modest sleeve—up to 15%—to below‑investment‑grade securities at purchase to pursue incremental yield while relying on rigorous security selection. It distributes income **monthly** and targets a diversified mix spanning residential and commercial mortgages and other structured credit, complemented by liquidity instruments. Managed by a dedicated team with a repeatable process centered on bottom‑up relative value in spread sectors, the fund operates within the short‑term bond category and emphasizes high credit quality relative to government or corporate credit‑focused peers while aiming to enhance yield. Morningstar notes a cost advantage for this share class and recognizes the team and process with a Bronze Analyst Rating.
Performance
DHEYX had a total return of 4.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.85%.
Top 10 Holdings
16.57% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 6.57% |
| Firstkey Homes Trust Series 2020-SFR2, Class A | FKH.2020-SFR2 A | 2.14% |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2025-1 - Research-Driven Pagaya Motor Asset Trust Series 2025-1A, Class A | RPM.2025-1A A | 1.26% |
| United States Treasury Notes - U.S. Treasury Notes 2.25%, Due 08/15/2027 | T.2.25 08.15.27 | 1.17% |
| Firstkey Homes Trust Series 2020-SFR1, Class A | FKH.2020-SFR1 A | 1.01% |
| HTAP 2024-2 - HTAP Trust Series 2024-2, Class A | HTAP.2024-2 A | 1.00% |
| Government National Mortgage Association Pool DH9776 | G2.DH9776 | 0.89% |
| HOMEWARD OPPORTUNITIES FUND TRUST 2024-RTL1 - Homeward Opportunities Funding Trust Series 2024-RTL1, Class A1 | HOF.2024-RTL1 A1 | 0.87% |
| BX TRUST 2025-VLT6 - BX Trust Series 2025-VLT6, Class D | BX.2025-VLT6 D | 0.84% |
| LHOME MTG TR 2025-RTL1 - LHOME Mortgage Trust Series 2025-RTL1, Class A1 | LHOME.2025-RTL1 A1 | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 28, 2025 | $0.050 | Aug 29, 2025 |
| Jul 30, 2025 | $0.054 | Jul 31, 2025 |
| Jun 27, 2025 | $0.047 | Jun 30, 2025 |
| May 29, 2025 | $0.051 | May 30, 2025 |
| Apr 29, 2025 | $0.053 | Apr 30, 2025 |
| Mar 28, 2025 | $0.051 | Mar 31, 2025 |