Diamond Hill Core Bond Fund - Class I (DHNAX)

Overview

The Advisor operates within the financial sector, focusing on generating total returns for its clients under normal market conditions. The organization emphasizes a diversified investment strategy, predominantly allocating its net assets (inclusive of any borrowed funds for investment purposes) towards a variety of fixed income securities. These securities encompass a broad spectrum, including bonds, debt securities, bank loans, and other similar instruments predominantly denominated in U.S. dollars. The company's investment reach is expansive, targeting issuances from a diverse pool of entities. This pool comprises various U.S. public or private sector entities, along with non-U.S. corporations or U.S. affiliates of non-U.S. corporations, and even extends into emerging markets. Such a wide-ranging investment approach is designed to cater to investors looking for exposure to fixed income assets across a multitude of sectors and geographical regions.

Products and Services

The Advisor offers a comprehensive range of investment products and services aimed at delivering total return through diversified fixed income securities. Below is a detailed listing:

• Bonds: Investment in an assortment of bonds issued by various U.S. or non-U.S. entities, including government, municipal, and corporate bonds. Bonds are a key component of the portfolio, offering a balance of risk and potential return through periodic interest payments and the return of principal at maturity.
• Debt Securities: Allocation in debt securities, which may include treasury bills, medium-term notes, and other debt instruments that provide fixed or variable interest income. These securities are selected from issuers in both the public and private sectors, offering diversity in credit risk and maturity profiles.
• Bank Loans: Investment in secured and unsecured bank loans. These loans, often issued by financial institutions to corporations, offer higher yields than traditional bonds in exchange for potentially higher risk, including credit and liquidity risks.
• U.S. Dollar-Denominated Instruments: Focus on instruments denominated in U.S. dollars, reducing currency risk for U.S.-based investors. This category includes a broad range of securities, ensuring liquidity and accessibility in global markets.
• Emerging Markets Securities: Engagement in securities issued by entities in emerging markets. This diversification allows for potential high returns attributable to the growth prospects of emerging economies, albeit with increased volatility and risk.