Diamond Hill Small Mid Cap Fund Investor Share (DHMAX)
| Fund Assets | 823.17M |
| Expense Ratio | 1.23% |
| Min. Investment | $2,500 |
| Turnover | 44.00% |
| Dividend (ttm) | 1.59 |
| Dividend Yield | 6.19% |
| Dividend Growth | -19.13% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 25.93 |
| YTD Return | -0.15% |
| 1-Year Return | 9.19% |
| 5-Year Return | 18.56% |
| 52-Week Low | 24.26 |
| 52-Week High | 28.14 |
| Beta (5Y) | n/a |
| Holdings | 61 |
| Inception Date | Dec 31, 2005 |
About DHMAX
Diamond Hill Small-Mid Cap Fund Investor Class is an actively managed mutual fund focused on achieving long-term capital appreciation through investments in U.S. companies with small to mid-sized market capitalizations. Typically, the portfolio targets firms valued between $500 million and $10 billion at the time of purchase, emphasizing businesses that Diamond Hill Capital Management believes are undervalued relative to their intrinsic worth. The fund takes a bottom-up, research-driven approach, analyzing company fundamentals such as earnings, revenue growth, operating margins, and industry dynamics to identify opportunities with a margin of safety. Its strategy is sector-agnostic, meaning holdings are selected based on conviction rather than benchmark sector weights. The fund often holds a concentrated portfolio, with significant allocations to its highest-conviction positions. Diamond Hill’s disciplined process and commitment to intrinsic value aim to deliver stable returns over the long term, while navigating the higher volatility and liquidity risks often associated with small- and mid-cap equities. As part of the U.S. mid-cap value category, the fund plays a vital role for investors seeking diversification and growth potential outside large-cap stocks.
Performance
DHMAX had a total return of 9.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.31%.
Top 10 Holdings
30.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Regal Rexnord Corporation | RRX | 4.20% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 4.11% |
| Post Holdings, Inc. | POST | 3.68% |
| Huntington Ingalls Industries, Inc. | HII | 3.47% |
| CubeSmart | CUBE | 3.25% |
| Gates Industrial Corporation plc | GTES | 2.68% |
| Mid-America Apartment Communities, Inc. | MAA | 2.40% |
| Red Rock Resorts, Inc. | RRR | 2.36% |
| WESCO International, Inc. | WCC | 2.23% |
| Humana Inc. | HUM | 2.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $1.5946 | Dec 15, 2025 |
| Dec 30, 2024 | $0.2539 | Dec 31, 2024 |
| Dec 12, 2024 | $1.718 | Dec 13, 2024 |
| Dec 28, 2023 | $0.0659 | Dec 29, 2023 |
| Dec 14, 2023 | $0.1869 | Dec 15, 2023 |
| Dec 29, 2022 | $0.1188 | Dec 30, 2022 |