Diamond Hill Long Short Fund Investor Share (DIAMX)

Fund Assets	2.23B
Expense Ratio	1.70%
Min. Investment	$2,500
Turnover	67.00%
Dividend (ttm)	0.41
Dividend Yield	1.33%
Dividend Growth	-29.86%
Payout Frequency	n/a
Ex-Dividend Date	Dec 30, 2025

Previous Close	30.48
YTD Return	-0.26%
1-Year Return	6.86%
5-Year Return	36.00%
52-Week Low	27.99
52-Week High	30.98
Beta (5Y)	0.87
Holdings	90
Inception Date	Jun 30, 2000

About DIAMX

Diamond Hill Long-Short Fund Investor Share is a mutual fund that employs a long-short equity strategy, aiming to deliver long-term capital appreciation by holding both long and short positions in U.S. equities. Managed by Diamond Hill Capital Management, the fund selects long positions in companies it believes are undervalued and short positions in those deemed overvalued, based on its intrinsic value assessment. The investment approach treats each holding as a partial ownership interest, seeking long investments at a discount and short exposures at a premium to intrinsic value, with the expectation that market and intrinsic values will converge over time. This fund typically maintains 40–60 long positions and 25–50 short positions, with long positions generally comprising 80–100% of net assets and short positions 10–40%. The strategy is long-biased but flexible, offering some market downside protection through its short book. The fund invests across all market capitalizations, providing broad exposure to U.S. equity markets. Its focus on valuation-driven stock selection and risk management makes it significant for investors seeking a differentiated equity approach, and it occupies a unique role in the market by offering potential diversification benefits relative to traditional long-only equity funds.

• Fund Family: Diamond Hill Funds
• Category: Long-Short Equity
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DIAMX
• Share Class: Investor
• Index: Russell 1000 TR USD

Performance

DIAMX had a total return of 6.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.78%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
DIAYX	Class Y	1.28%
DHLSX	Class I	1.41%

Top 10 Holdings

73.18% of assets

Name	Symbol	Weight
Ss Cash Financing	n/a	35.64%
State Street Instl US Govt MMkt Premier	GVMXX	6.51%
Microsoft Corporation	MSFT	5.83%
Taiwan Semiconductor Manufacturing Company Limited	TSM	4.43%
Alphabet Inc.	GOOGL	4.27%
Meta Platforms, Inc.	META	4.09%
American International Group, Inc.	AIG	3.67%
Amazon.com, Inc.	AMZN	3.04%
Abbott Laboratories	ABT	2.87%
SentinelOne, Inc.	S	2.83%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.4063	Dec 31, 2025
Dec 12, 2025	$0.0197	Dec 15, 2025
Dec 30, 2024	$0.5793	Dec 31, 2024
Dec 12, 2024	$1.9055	Dec 13, 2024
Dec 28, 2023	$0.5316	Dec 29, 2023
Dec 14, 2023	$0.5149	Dec 15, 2023

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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