About DHMIX
Diamond Hill Small-Mid Cap Fund Institutional Class is a mutual fund tailored for institutional investors seeking long-term capital appreciation through investments in U.S. small- and mid-cap companies. The fund primarily targets businesses with market capitalizations between $500 million and $10 billion, focusing on those it considers undervalued relative to their intrinsic worth. Adhering to a disciplined intrinsic value investment philosophy, the fund treats each investment as a partial ownership stake, emphasizing a margin of safety, long-term business fundamentals, and the expectation that market price and intrinsic value may converge over time.
The portfolio is actively managed, with a turnover rate of approximately 16%, and is diversified across sectors such as industrials, consumer cyclical, financial services, and technology. Notable holdings include WESCO International, Red Rock Resorts, and Post Holdings. With total assets of around $1.1 billion and an expense ratio of 0.92%, the fund is categorized within the small value style, making it particularly relevant for investors focused on U.S. small- and mid-cap value opportunities. Managed by Diamond Hill Capital Management, the fund emphasizes long-term perspective and disciplined security selection in the competitive small- and mid-cap equity market.
Fund Family Diamond Hill Funds
Category Small Value
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol DHMIX
Share Class Class I
Index Russell 2500 TR
DHMIX had a total return of 8.36% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.93%.
