Diamond Hill Small Mid Cap Fund Class C

This fund aims to generate significant capital growth over the long term. It typically commits at least 80% of its total assets to U.S. stock holdings of small and medium-sized companies that the investment adviser considers undervalued. Companies fitting the small and mid-cap criteria possess market capitalizations, at the point of purchase, between $500 million and $10 billion, or align with the market cap range of constituents within the Russell 2500 Index at the time of acquisition. The adviser's methodology involves determining a company's fundamental value without being influenced by its current market trading price.