DHMIX – Diamond Hill Small-Mid Cap I Investment Strategy | Morningstar

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Strategy

The investment seeks to provide long-term capital appreciation. The fund normally invests at least 80% of its net assets in U.S. equity securities with small and medium market capitalizations that the Adviser believes are undervalued. Small and mid cap companies are defined as companies with market capitalizations at the time of purchase between $500 million and $10 billion or in the range of those market capitalizations of companies included in the Russell 2500 Index at the time of purchase. The Adviser focuses on estimating a company's value independent of its current stock price.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DHMAX	Diamond Hill Small Mid Cap Fund Investor Share	No Load	Open			Dec 30, 2005	$28.21M	1.230%	Above Average	$2,500	−$6.58M
DHMIX	Diamond Hill Small Mid Cap Fund Class I	Institutional	Open			Dec 30, 2005	$343.52M	0.940%	Average	$2,500	−$128.40M
DHMYX	Diamond Hill Small-Mid Cap Fund Class Y	Institutional	Open			Dec 30, 2011	$106.85M	0.810%	Below Average	$500,000	−$307.47M

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