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Stock impact report

Diamond Hill Launches New Securitized Credit Fund [Yahoo! Finance]

Diamond Hill Investment Group, Inc. - Class A (DHIL) 
US:NASDAQ Investor Relations: ir.diamond-hill.com
Company Research Source: Yahoo! Finance
across multiple asset classes, today announced the launch of the Diamond Hill Securitized Credit Fund. Structured as an interval fund, the Fund will extend Diamond Hill's expertise in securitized bonds into more illiquid and lower credit quality bonds. The Securitized Credit Fund will be managed by Henry Song , CFA. The interval fund structure, which offers quarterly redemptions with shares available for daily purchase, provides flexibility for the Fund to take advantage of investments in less liquid, potentially higher-return securities that may not be suitable for an open-end fund with daily liquidity. "The Securitized Credit Fund leverages our fixed income team's deep and differentiated expertise in securitized assets to build a portfolio focused solely on that asset class," said Heather Brilliant , CFA, Diamond Hill CEO. "Launching this fund adds to the team's ability to deliver portfolios with the differentiated risk/return profile our clients seek." "Our team focuses on th Show less Read more
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