# EDGAR Filing Document

**Accession Number:** 0001032423
**File Stem:** 0000910472-26-003565
**Filing Date:** 2026-3
**Character Count:** 50793
**Document Hash:** cc0321ed606d8e122ebf56c67c48fe03
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003565.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0000910472-26-003565

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DIAMOND HILL FUNDS
- **CENTRAL INDEX KEY:** 0001032423

**ORGANIZATION NAME:**
- **EIN:** 316547095
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08061
- **FILM NUMBER:** 26703665

**BUSINESS ADDRESS:**
- **STREET 1:** 325 JOHN H. MCCONNELL BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-255-3333

**MAIL ADDRESS:**
- **STREET 1:** 325 JOHN H. MCCONNELL BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BSG FUNDS
- **DATE OF NAME CHANGE:** 19970206

## Series and Classes Contracts Data

### Diamond Hill Securitized Total Return Fund (Series ID: S000093192)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000261342 | Diamond Hill Securitized Total Return Fund Class Y  | DHWYX           |
| C000261343 | Diamond Hill Securitized Total Return Fund Investor | DHWAX           |
| C000261344 | Diamond Hill Securitized Total Return Fund Class I  | DHWIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Diamond Hill Funds

- **b. Investment Company Act file number:** 811-08061

- **c. CIK number of Registrant:** 0001032423

- **d. LEI of Registrant:** 549300PZZTQU6QTHS663

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 325 John H. McConnell Blvd.

  - **City:** Columbus

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43215

  - **Telephone number:** 888-226-5595

**Item A.2. Information about the Series.**

- **a. Name of Series:** DIAMOND HILL SECURITIZED TOTAL RETURN FUND

- **b. EDGAR series identifier (if any):** S000093192

- **c. LEI of Series:** 254900FY5K5OAHBGMV51

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $31420231.00

**Total Liabilities:** $187897.54

**Net Assets:** $31232333.46

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 22.36219133 | **1-Year:** 339.98205483 | **5-Year:** 5040.08950369 | **10-Year:** 7385.35394806 | **30-Year:** 1668.27436137

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 5.94070698 | **5-Year:** 0.18446796 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261342 | 0.39%                | 0.97%                | -0.17%               |
| Class ID C000261343 | 0.35%                | 0.85%                | -0.20%               |
| Class ID C000261344 | 0.28%                | 0.96%                | -0.17%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1644.67                | $21407.73                                  |
| Month 2  | $21664.97                | $160713.53                                 |
| Month 3  | $94633.08                | $-248905.07                                |

### Schedule of Portfolio Investments

| Name                                                    | Title                                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Achv ABS Trust 2024-1PL                                 | ACHV ABS Trust Series 2024-1PL, Class D                                    | CUSIP: 00092BAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     79254 | PA      | $80455.79     | 0.26%             | 2031-04-25      | Fixed         | 7.29%                 | Yes           |                  2 | On Loan: No      |
| ACHD TRUST 2025-DS1                                     | ACHD Trust Series 2025-DS1, Class A                                        | CUSIP: 00092TAA3<br>LEI: 529900TKZUWQLIQN6T48 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100002.20    | 0.32%             | 2034-01-09      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| Acm Auto Trust 2025-3                                   | ACM Auto Trust Series 2025-3A, Class B                                     | CUSIP: 00161UAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $149404.04    | 0.48%             | 2032-07-20      | Fixed         | 6.08%                 | Yes           |                  2 | On Loan: No      |
| ACRE Commercial Mortgage 2021-FL4 Ltd.                  | Acre Mortgage Trust Series 2021-FL4, Class C                               | CUSIP: 00489TAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     86557 | PA      | $85128.01     | 0.27%             | 2037-12-18      | Floating      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| AMDR ABS TRUST 2025-1                                   | AMDR ABS Trust Series 2025-1A, Class A                                     | CUSIP: 02342WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87258 | PA      | $87268.40     | 0.28%             | 2033-12-19      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes 2016-FL1 Ltd. | Arbor Realty Commerical Real Estate Notes Series 2025-FL1, Class C         | CUSIP: 03881KAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99946.70     | 0.32%             | 2042-08-20      | Floating      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes 2016-FL1 Ltd. | Arbor Realty Collateralized Loan Obligation Ltd. Series 2025-BTR1, Class C | CUSIP: 03881UAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    270000 | PA      | $270017.28    | 0.86%             | 2041-01-18      | Variable      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust 2022-1     | Arivo Acceptance Auto Loan Series 25-1A Class D                            | CUSIP: 039962AD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $174679.75    | 0.56%             | 2032-01-15      | Fixed         | 5.82%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust 2016-Ashf    | Banc of America Merrill Lynch Commerical Mortgage Series 2020-BOC, Class D | CUSIP: 05551JAJ9<br>LEI: 549300MWBLMUUG6B8094 | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $70299.73     | 0.23%             | 2032-01-15      | Variable      | 3.29%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                      | BX Trust Series 2025-VOLT, Class A                                         | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200124.40    | 0.64%             | 2044-12-15      | Floating      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| BHMS COMMERCIAL MORTGAGE TRUST 2025-ATLS                | BHMS Commerical Mortgage Trust Series 2025-ATLS, Class B                   | CUSIP: 088928AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100126.77    | 0.32%             | 2042-08-15      | Floating      | 6.30%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                     | Brean Asset Backed Securities Trust Series 2025-RM12, Class A2             | CUSIP: 10638KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250543 | PA      | $239150.83    | 0.77%             | 2065-07-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                     | Brean Asset Backed Securities Trust Series 2025-RM12, Class M3             | CUSIP: 10638KAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    127282 | PA      | $103825.19    | 0.33%             | 2065-07-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST 2025-RM13           | Brean Asset Backed Securities Trust Series 2025-RM13, Class M3             | CUSIP: 10638PAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100733 | PA      | $80958.69     | 0.26%             | 2065-10-25      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                      | BX Trust Series 2025-VLT7, Class D                                         | CUSIP: 123913AG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100311.31    | 0.32%             | 2027-07-15      | Floating      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BX COML MTG TR 2024-AIRC                                | BX Trust Series 2024-AIRC, Class D                                         | CUSIP: 12433CAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    187239 | PA      | $187704.59    | 0.60%             | 2039-08-15      | Floating      | 6.84%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2025-B                     | BX Trust Series 2025-BCAT, Class D                                         | CUSIP: 12433HAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     95828 | PA      | $96085.50     | 0.31%             | 2042-08-15      | Floating      | 6.40%                 | Yes           |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                     | COMM Mortgage Trust Series 2020-CX, Class B                                | CUSIP: 12656KAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $167778.82    | 0.54%             | 2046-11-10      | Fixed         | 2.45%                 | Yes           |                  2 | On Loan: No      |
| CPC ASSET SECURITIZATION IV LLC                         | CPC Asset Securitization, LLC Series 2025-1A, Class A                      | CUSIP: 12675BAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $151667.18    | 0.49%             | 2031-07-15      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| CHERRY SECURITIZATION TRUST 2025-1                      | Cherry Securitization Trust Series 2025-1A, Class A                        | CUSIP: 16473RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $304569.24    | 0.98%             | 2032-11-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| FHF TRUST 2023-1                                        | First Help Financial LLC Class A2, Series 23-1A                            | CUSIP: 30331GAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     73437 | PA      | $73784.02     | 0.24%             | 2028-06-15      | Fixed         | 6.57%                 | Yes           |                  2 | On Loan: No      |
| FHF TRUST 2023-1                                        | First Help Financial LLC Class B, Series 23-1A                             | CUSIP: 30331GAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $125739.31    | 0.40%             | 2029-05-15      | Fixed         | 6.77%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Pool SD2217                         | CUSIP: 3132DPPA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    381789 | PA      | $392055.15    | 1.26%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2012-103, Class ZP            | CUSIP: 3136A8A26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1343167 | PA      | $1053149.07   | 3.37%             | 2042-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Assoication SERIES 2012-128 CLASS SH             | CUSIP: 3136A9VH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    146435 | PA      | $103033.95    | 0.33%             | 2042-11-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2012-152, Class TC            | CUSIP: 3136AA6Q3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    240000 | PA      | $189490.22    | 0.61%             | 2043-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2012-133, Class WS            | CUSIP: 3136AAZX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    134430 | PA      | $80520.38     | 0.26%             | 2042-12-25      | Floating      | 0.34%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2016-61, Class ML             | CUSIP: 3136ATQS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    400000 | PA      | $340783.32    | 1.09%             | 2046-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2017-48, Class LH             | CUSIP: 3136AW6N2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    285874 | PA      | $254216.67    | 0.81%             | 2047-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2017-87, Class EA             | CUSIP: 3136AYU84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1672260 | PA      | $1542863.19   | 4.94%             | 2044-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2018-28, Class CA             | CUSIP: 3136B1P32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    177927 | PA      | $159686.68    | 0.51%             | 2048-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2018-95, Class B              | CUSIP: 3136B3UR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1864028 | PA      | $1704507.31   | 5.46%             | 2049-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2019-22, Class BA             | CUSIP: 3136B4LU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    509475 | PA      | $484413.27    | 1.55%             | 2058-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | Federal National Mortgage Association Series 2020-44, Class EG             | CUSIP: 3136BAK29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1101702 | PA      | $956415.74    | 3.06%             | 2042-09-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal National Mortgage Association Series 2020-92, Class NB             | CUSIP: 3136BCK41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    369638 | PA      | $282844.29    | 0.91%             | 2050-05-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal National Mortgage Association Series 2021-6, Class KU              | CUSIP: 3136BD2W7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    174576 | PA      | $100529.48    | 0.32%             | 2051-02-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal National Mortgage Association Series 2022-10, Class CK             | CUSIP: 3136BL3N8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    119120 | PA      | $71191.48     | 0.23%             | 2052-02-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 4045, Class PE               | CUSIP: 3137APUR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    360000 | PA      | $327866.58    | 1.05%             | 2042-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 4152, Class GW               | CUSIP: 3137AXP72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    877077 | PA      | $714276.34    | 2.29%             | 2043-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 4158, Class CA               | CUSIP: 3137AXUR2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    162311 | PA      | $142502.00    | 0.46%             | 2042-12-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 4161, Class LM               | CUSIP: 3137AYMB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     81042 | PA      | $69453.40     | 0.22%             | 2042-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 4210 Class Z                 | CUSIP: 3137B1W73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    154927 | PA      | $130713.41    | 0.42%             | 2043-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 4425, Class TA               | CUSIP: 3137BG4W6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1391327 | PA      | $1208767.16   | 3.87%             | 2045-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 4434, Class HZ               | CUSIP: 3137BGEH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    621178 | PA      | $520091.71    | 1.67%             | 2037-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 5071, Class ZT               | CUSIP: 3137F9VU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1618584 | PA      | $688445.99    | 2.20%             | 2051-02-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                 | Federal Home Loan Mortgage Corporation Series 5092, Class KS               | CUSIP: 3137FYCY0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-O            | USGSE             | US        |    640881 | PA      | $235743.95    | 0.75%             | 2051-03-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 5131, Class JL               | CUSIP: 3137H1U20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    602618 | PA      | $460698.59    | 1.48%             | 2051-08-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                 | Federal Home Loan Mortgage Corp Series 5151 Class WN                       | CUSIP: 3137H3JC7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-O            | USGSE             | US        |    368340 | PA      | $215670.11    | 0.69%             | 2050-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Association Series 3616, Class S                | CUSIP: 31398LHK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    686287 | PA      | $62840.61     | 0.20%             | 2039-12-15      | Floating      | 2.20%                 | No            |                  2 | On Loan: No      |
| FIDELIS MORTGAGE TRUST 2025-RTL2                        | Fidelis Mortgage Trust Series 2025-RTL2, Class A2                          | CUSIP: 31575JAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $352682.89    | 1.13%             | 2040-07-25      | Variable      | 6.06%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 2021-MN3, Class M1           | CUSIP: 35563GAA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    176807 | PA      | $177007.45    | 0.57%             | 2051-11-25      | Floating      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Multifamily Structured Credit Risk Series 2021-MN2, Class M2               | CUSIP: 35563JAB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    243745 | PA      | $243745.56    | 0.78%             | 2041-07-25      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | Federal Home Loan Mortgage Corporation Series 2025-MN10, Class M1          | CUSIP: 35563UAA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    221838 | PA      | $219773.26    | 0.70%             | 2045-02-25      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Pool MA9367                       | CUSIP: 36179YMQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    157390 | PA      | $162872.39    | 0.52%             | 2053-12-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2004-106, Class SJ         | CUSIP: 38374KJT1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     51748 | PA      | $52585.00     | 0.17%             | 2034-12-16      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2009-54, Class Z           | CUSIP: 38374VE88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    934937 | PA      | $983129.95    | 3.15%             | 2039-07-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2012-97, Class CB          | CUSIP: 38375GXM8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    723383 | PA      | $609495.10    | 1.95%             | 2042-08-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2011-7, Class LS           | CUSIP: 38377TJB8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    916703 | PA      | $789528.97    | 2.53%             | 2040-12-20      | Floating      | 2.18%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2012-143, Class QD         | CUSIP: 38378GG85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    202913 | PA      | $180716.82    | 0.58%             | 2042-10-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2012-129, Class PE         | CUSIP: 38378GHF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    250000 | PA      | $202190.60    | 0.65%             | 2042-11-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2016-19, Class AC          | CUSIP: 38379VPS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    195000 | PA      | $164798.99    | 0.53%             | 2046-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2020-16, Class MD          | CUSIP: 38382CR60<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    620833 | PA      | $519050.98    | 1.66%             | 2050-02-20      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Assocation Series 2020-123, Class EA          | CUSIP: 38382HJ68<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    455331 | PA      | $255649.92    | 0.82%             | 2050-08-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2020-123, Class PB         | CUSIP: 38382HQ60<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    493950 | PA      | $408752.50    | 1.31%             | 2050-08-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2020-134, Class XL         | CUSIP: 38382JBY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    199999 | PA      | $94517.08     | 0.30%             | 2050-09-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2020-138, Class NU         | CUSIP: 38382JS49<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    172858 | PA      | $96808.99     | 0.31%             | 2050-09-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                        | GNMA Remic Trust Series 2020-183 Class AY                                  | CUSIP: 38382LSS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    763442 | PA      | $624395.79    | 2.00%             | 2050-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2021-24, Class QD          | CUSIP: 38382NRN9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    368807 | PA      | $290857.88    | 0.93%             | 2050-08-20      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association Series 2021-87, Class DB          | CUSIP: 38382TFU3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    683133 | PA      | $595033.13    | 1.91%             | 2051-05-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank of Ohio                        | The Huntington National Bank Series 2025-2, Class B1                       | CUSIP: 44644NAN9<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | ABS-O            | CORP              | US        |     88297 | PA      | $88866.03     | 0.28%             | 2033-09-20      | Fixed         | 4.83%                 | Yes           |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust Series 2018-3, Class B5                           | CUSIP: 46649TBC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    198720 | PA      | $137613.38    | 0.44%             | 2048-09-25      | Variable      | 3.70%                 | Yes           |                  2 | On Loan: No      |
| KAPITUS ASSET SECURITIZATION IV LLC                     | Kapitus Asset Securitization LLC Series 2024-1A, Class 2C                  | CUSIP: 48555MAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $149805.12    | 0.48%             | 2031-09-10      | Fixed         | 7.15%                 | Yes           |                  2 | On Loan: No      |
| LHOME MTG TR 2025-RTL1                                  | LHOME Mortgage Trust Series 2025-RTL1, Class A2                            | CUSIP: 50205UAB7<br>LEI: 5299002NGIWITLMXOH85 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $201754.38    | 0.65%             | 2040-01-25      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| LENDMARK FUNDING TRUST 2025-2                           | Lendmark Funding Trust Series 2025-2A, Class D                             | CUSIP: 52603GAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220000 | PA      | $221698.47    | 0.71%             | 2034-10-20      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                           | Life Financial Services Trust Series 2021-BMR, Class D                     | CUSIP: 53218CAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    143500 | PA      | $142695.02    | 0.46%             | 2038-03-15      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                           | Life Financial Services Trust Series 2021-BMR, Class F                     | CUSIP: 53218CAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94500 | PA      | $92087.90     | 0.29%             | 2038-03-15      | Floating      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                           | Life Financial Services Trust Series 2022-BMR2, Class A1                   | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $241098.50    | 0.77%             | 2039-05-15      | Floating      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                           | Life Financial Services Trust Series 2022-BMR2, Class C                    | CUSIP: 53218DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195000 | PA      | $175750.17    | 0.56%             | 2039-05-15      | Floating      | 5.84%                 | Yes           |                  2 | On Loan: No      |
| MMP CAPITAL 2025-A LLC                                  | MMP Capital Series 2025-A, Class A                                         | CUSIP: 55317QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99046 | PA      | $99922.22     | 0.32%             | 2031-12-15      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                             | Merchants Fleet Funding, LLC Series 2025-1A, Class D                       | CUSIP: 588926AP0<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100298.43    | 0.32%             | 2039-01-20      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| NMEF FUNDING 2022-B LLC                                 | NMEF Funding, LLC Series 2022-B, Class C                                   | CUSIP: 62890MAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $153006.23    | 0.49%             | 2029-06-15      | Fixed         | 8.54%                 | Yes           |                  2 | On Loan: No      |
| Nyt Mortgage Trust                                      | NYT Mortgage Trust Series 2019-NYT, Class C                                | CUSIP: 62954PAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $192060.12    | 0.61%             | 2035-12-15      | Floating      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NYC COMMERCIAL MTG TR 2025-3BP                          | NYC Commercial Mortgage Trust Series 2025-3BP, Class B                     | CUSIP: 67120UAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    290000 | PA      | $289458.74    | 0.93%             | 2042-02-15      | Floating      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB1                    | Onity Loan Investment Trust Series 2025-HB1, Class A                       | CUSIP: 68278EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153228 | PA      | $150566.99    | 0.48%             | 2038-06-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB1                    | Onity Loan Investment Trust Series 2025-HB1, Class M4                      | CUSIP: 68278EAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $432932.45    | 1.39%             | 2038-06-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB2                    | Ocwen Loan Investment Trust Series 2025-HB2, Class M3                      | CUSIP: 68278FAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $182835.02    | 0.59%             | 2038-11-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-A                           | Oportun Funding, LLC Series 2025-C, Class D                                | CUSIP: 68378RAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98904.87     | 0.32%             | 2033-07-08      | Fixed         | 5.91%                 | Yes           |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-A                           | Oportun Funding, LLC Series 2025-D, Class D                                | CUSIP: 68379HAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $149603.49    | 0.48%             | 2033-02-08      | Fixed         | 6.97%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2025-5                     | Pagaya AI Debt Selection Trust Series 25-5 Class B                         | CUSIP: 69548WAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    149994 | PA      | $150633.78    | 0.48%             | 2033-03-15      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Trust 2025 8                             | Pagaya AI Debt Selection Trust Series 2025-8, Class B                      | CUSIP: 69549TAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100144.91    | 0.32%             | 2033-07-15      | Fixed         | 5.41%                 | Yes           |                  2 | On Loan: No      |
| POINT SECURITIZATION TRUST 202                          | Point Securitization Trust Series 2023-1, Class A1                         | CUSIP: 73071JAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    268700 | PA      | $268977.94    | 0.86%             | 2053-11-25      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| POINT SECURITIZATION TRUST 2024-1                       | Point Securitization Trust Series 2024-1, Class A1                         | CUSIP: 73071KAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    289265 | PA      | $290033.15    | 0.93%             | 2054-06-25      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| RCKTL 2025-1                                            | RCKT Trust Series 25-1A Class D                                            | CUSIP: 74939RAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $150721.01    | 0.48%             | 2034-07-25      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Rmf Buyout Issuance Tr 2018                             | RMF Buyout Issuance Trust Series 2021-HB1, Class M4                        | CUSIP: 74969TAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    920000 | PA      | $875703.47    | 2.80%             | 2031-11-25      | Variable      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| RMF PROP ISS TR 2022-1                                  | RMF Proprietary Issuance Trust Series 2022-1, Class M1                     | CUSIP: 74969XAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $187207.16    | 0.60%             | 2062-01-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Redaptive EAAS Issuer, LLC Series 2025-1A, Class A                         | CUSIP: 757204AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100188.30    | 0.32%             | 2042-03-25      | None          | 5.94%                 | Yes           |                  2 | On Loan: No      |
| REDWOOD FUNDING TRUST 2025-3                            | Redwood Funding Trust Series 2025-3, Class B                               | CUSIP: 75806GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $150419.55    | 0.48%             | 2056-12-27      | Variable      | 7.75%                 | Yes           |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2025-5         | Research-Driven Pagaya Motor Asset Trust Series 2025-5A, Class D           | CUSIP: 76089KAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100072.98    | 0.32%             | 2034-06-26      | Fixed         | 6.01%                 | Yes           |                  2 | On Loan: No      |
| SERVICE EXPERTS ISSUER 2025-1 LLC                       | Service Experts Issuer Series 2025-1A, Class B                             | CUSIP: 81758JAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $350919.80    | 1.12%             | 2037-01-20      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| State Street Institutional Investment Trust             | State Street Institutional US Government Money Market Fund, Premier Class  | CUSIP: 857492706<br>LEI: 549300P1E098W6ES7M39 | Long             | STIV             | RF                | US        |   1009441 | NS      | $1009440.74   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                     | US Bank Credit-Linked Notes Series 2025-SUP2, Class E                      | CUSIP: 90355PAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    229690 | PA      | $229285.48    | 0.73%             | 2032-09-27      | Floating      | 7.57%                 | Yes           |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-2                                 | Unlock HEA Trust Series 2025-2, Class C                                    | CUSIP: 914917AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $77517.91     | 0.25%             | 2041-11-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| UPGRADE MSTR PASS THR 2025-ST5                          | Upgrade Master Pass-Thru Trust Series 2025-ST5, Class B                    | CUSIP: 91535BAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $150602.88    | 0.48%             | 2032-09-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| UPGRADE MSTR PASS THR 2025-ST5                          | Upgrade Master Pass-Thru Trust Series 2025-ST5, Class C                    | CUSIP: 91535BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250166.93    | 0.80%             | 2032-09-15      | Fixed         | 5.92%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5          | Wells Fargo Mortgage Trust Series 21-SAVE Class C                          | CUSIP: 95003LAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200160.94    | 0.64%             | 2040-02-15      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5          | Wells Fargo Mortgage Trust Series 21-SAVE Class D                          | CUSIP: 95003LAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $199583.32    | 0.64%             | 2040-02-15      | Floating      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5          | Wells Fargo Commerical Mortgage Trust Series 2025-1918, Class D            | CUSIP: 95004QAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $251824.00    | 0.81%             | 2040-09-15      | Variable      | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Western Funding Auto Loan Trust 2025-1                  | Western Funding Auto Loan Trust Series 25-1 Class D                        | CUSIP: 958250AD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $203024.56    | 0.65%             | 2036-01-15      | Fixed         | 5.79%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Diamond Hill Funds

**Signature:** Julie Roach

**Name of Signer:** Julie Roach

**Title:** Treasurer