Diamond Hill Long Short Fund Class C

The fund's primary objective is to achieve substantial capital growth over an extended timeframe. It employs a distinctive long-short investment strategy: purchasing shares in U.S.-based companies of all market capitalizations that its advisor identifies as fundamentally undervalued, while simultaneously taking short positions in American equities, irrespective of their size, that the advisor deems overpriced. A core tenet of the advisor's methodology is to determine a company's inherent value, separate from its current trading price on the stock market. The short-selling aspect of this strategy involves selling borrowed securities with the anticipation that their market value will decline, aiming to repurchase them at a lower price later to generate a profit.