Diamond Hill Small-Mid Cap Fund NPX Annual report of proxy voting record

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-8061

Diamond Hill Funds

(Exact name of registrant as specified in charter)

375 North Front Street, Suite 300, Columbus, Ohio 43215

(Address of principal executive offices) (Zip code)

James F. Laird, Diamond Hill Funds

375 North Front Street, Suite 300, Columbus, Ohio 43215

(Name and address of agent for service)

Registrant’s telephone number, including area code: (614) 255-3333

Date of fiscal year end: 12/31

Date of reporting period: 7/1/04 - 6/30/05

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, N.W., Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. §3507.

Item 1. Proxy Voting Record

The Diamond Hill Short Term Fixed Income Fund held no voting securities during the reporting period and did not vote any securities or have any securities that were subject to a vote during the reporting period.

DIAMOND HILL BANK AND FINANCIAL FUND

Issuer

Ticker

Cusip

Meeting Date

Description of Vote

Issuer v. SH

Voted?

Vote Cast

For/Against Mgmt

COUNTRYWIDE FINANCIAL

CFC

222372104

8/17/2004

ELECT DIRECTORS

ISSUER

YES

FOR

COUNTRYWIDE FINANCIAL

CFC

222372104

8/17/2004

APPROVE INCENTIVE PLAN

ISSUER

YES

AGAINST

SOUTHTRUST

SOTR

844730101

10/28/2004

APPROVE MERGER W/ WACHOVIA

ISSUER

YES

FOR

FREDDIE MAC

FRE

313400301

11/4/2004

ELECT DIRECTORS

ISSUER

YES

FOR

FREDDIE MAC

FRE

313400301

11/4/2004

RATIFY AUDITORS

ISSUER

YES

FOR

FREDDIE MAC

FRE

313400301

11/4/2004

APPROVE STOCK COMP PLAN

ISSUER

YES

AGAINST

FREDDIE MAC

FRE

313400301

11/4/2004

APPROVE EMPLOYEE PURCHASE PLAN

ISSUER

YES

FOR

FIRST NATIONAL BANKSHARES OF FL

FLB

321100109

11/22/2004

APPROVE MERGER WITH FITB

ISSUER

YES

FOR

WESTPAC BANKING

WBK

961214301

12/16/2004

ELECT DIRECTOR

ISSUER

YES

FOR

WESTPAC BANKING

WBK

961214301

12/16/2004

ELECT DIRECTOR

ISSUER

YES

FOR

FIFTH THIRD BANCORP

FITB

316773100

3/22/2005

ELECT DIRECTORS

ISSUER

YES

FOR

FIFTH THIRD BANCORP

FITB

316773100

3/22/2005

REDUCE DIRECTORS

ISSUER

YES

FOR

FIFTH THIRD BANCORP

FITB

316773100

3/22/2005

APPROVE AUDITORS

ISSUER

YES

FOR

BANK OF NEW YORK

064057102

4/12/2005

ELECT DIRECTORS

ISSUER

YES

FOR

BANK OF NEW YORK

064057102

4/12/2005

RATIFY AUDITORS

ISSUER

YES

FOR

BANK OF NEW YORK

064057102

4/12/2005

CUMULATIVE VOTING

SHAREHOLDER

YES

FOR

AGAINST

BANK OF NEW YORK

064057102

4/12/2005

LIMIT EXECUTIVE COMP

SHAREHOLDER

YES

AGAINST

FOR

CITIGROUP

172967101

4/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

CITIGROUP

172967101

4/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

CITIGROUP

172967101

4/19/2005

AMEND 1999 STOCK INCENTIVE PLAN

ISSUER

YES

FOR

CITIGROUP

172967101

4/19/2005

LIMIT EXEC COMP

SHAREHOLDER

YES

AGAINST

FOR

CITIGROUP

172967101

4/19/2005

REPORT POLITICAL CONTRIBUTIONS

SHAREHOLDER

YES

AGAINST

FOR

CITIGROUP

172967101

4/19/2005

INDEPENENT CHAIRMAN

SHAREHOLDER

YES

FOR

AGAINST

CITIGROUP

172967101

4/19/2005

CEO COMP LIMITATION

SHAREHOLDER

YES

AGAINST

FOR

CITIGROUP

172967101

4/19/2005

DIRECTORS ELECTED BY MAJORITY

SHAREHOLDER

YES

FOR

AGAINST

CITIGROUP

172967101

4/19/2005

LIMIT NON-DEDUCTIBLE PAY UNLESS APPROVED BY SHAREHOLDERS

SHAREHOLDER

YES

AGAINST

FOR

CITIGROUP

172967101

4/19/2005

MAJORITY VOTING ON ALL ISSUES

SHAREHOLDER

YES

FOR

AGAINST

WACHOVIA

929903102

4/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

WACHOVIA

929903102

4/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

MELLON FINANCIAL

MEL

58551A108

4/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

MELLON FINANCIAL

MEL

58551A108

4/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

FIRST HORIZON

FHN

320517105

4/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

FIRST HORIZON

FHN

320517105

4/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

ELIMINATE SUPERMAJORITY

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

PERFORMANCE VESTING SHARES

SHAREHOLDER

YES

AGAINST

FOR

U.S. BANCORP

USB

902973304

4/19/2005

PROHIBIT TAX/NON AUDIT WORK BY INDEPENDENT AUDITORS

SHAREHOLDER

YES

AGAINST

FOR

CORUS BANKSHARES

CORS

220873103

4/21/2005

ELECT DIRECTORS

ISSUER

YES

FOR

CORUS BANKSHARES

CORS

220873103

4/21/2005

RATIFY AUDITORS

ISSUER

YES

FOR

CORUS BANKSHARES

CORS

220873103

4/21/2005

AMEND ARTICLES

ISSUER

YES

FOR

CORUS BANKSHARES

CORS

220873103

4/21/2005

APPROVE COMMISSION PROGRAM

ISSUER

YES

FOR

SOVEREIGN BANCORP

SOV

845905108

4/21/2005

ELECT DIRECTORS

ISSUER

YES

FOR

SOVEREIGN BANCORP

SOV

845905108

4/21/2005

RATIFY AUDITORS

ISSUER

YES

FOR

MERRILL LYNCH

MER

590188108

4/22/2005

ELECT DIRECTORS

ISSUER

YES

FOR

MERRILL LYNCH

MER

590188108

4/22/2005

RATIFY AUDITORS

ISSUER

YES

FOR

MERRILL LYNCH

MER

590188108

4/22/2005

APPROVE DIRECTOR STOCK UNIT PLAN

ISSUER

YES

FOR

MERRILL LYNCH

MER

590188108

4/22/2005

INSTITUTE CUMULATIVE VOTING

SHAREHOLDER

YES

FOR

AGAINST

MERRILL LYNCH

MER

590188108

4/22/2005

LIMIT CEO COMP

SHAREHOLDER

YES

AGAINST

FOR

CAPITAL CORP OF THE WEST

CCOW

140065103

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

COMMERCIAL CAPITAL BANCORP

CCBI

20162L105

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

COMMERCIAL CAPITAL BANCORP

CCBI

20162L105

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

NATIONAL CITY

NCC

635405103

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

NATIONAL CITY

NCC

635405103

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

PNC FINANCIAL

PNC

693475105

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

PNC FINANCIAL

PNC

693475105

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

PXRE GROUP

PXT

G73018106

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

PXRE GROUP

PXT

G73018106

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

PXRE GROUP

PXT

G73018106

04/26/05

AMEND BY-LAWS

ISSUER

YES

FOR

BANK OF AMERICA

060505104

4/27/2005

ELECT DIRECTORS

ISSUER

YES

FOR

BANK OF AMERICA

060505104

4/27/2005

RATIFY AUDITORS

ISSUER

YES

FOR

BANK OF AMERICA

060505104

4/27/2005

POLITICAL CONTRIBUTIONS

SHAREHOLDER

YES

AGAINST

FOR

BANK OF AMERICA

060505104

4/27/2005

NOMINATION OF DIRECTORS

SHAREHOLDER

YES

AGAINST

FOR

MAF BANCORP

MAFB

55261R108

4/27/2005

ELECT DIRECTORS

ISSUER

YES

FOR

MAF BANCORP

MAFB

55261R108

4/27/2005

RATIFY AUDITORS

ISSUER

YES

FOR

COMERICA

CMA

200340107

5/17/2005

ELECT DIRECTORS

ISSUER

YES

FOR

COMERICA

CMA

200340107

5/17/2005

RATIFY AUDITORS

ISSUER

YES

FOR

FIRST INDUSTRIAL REALTY

32054K103

5/18/2005

ELECT DIRECTORS

ISSUER

YES

FOR

FIRST INDUSTRIAL REALTY

32054K103

5/18/2005

RATIFY AUDITORS

ISSUER

YES

FOR

HANMI FINANCIAL

HAFC

410495105

5/18/2005

ELECT DIRECTORS

ISSUER

YES

FOR

EAGLE HOSPITALITY

EHP

26959T102

5/20/2005

ELECT DIRECTORS

ISSUER

YES

FOR

EAGLE HOSPITALITY

EHP

26959T102

5/20/2005

RATIFY AUDITORS

ISSUER

YES

FOR

MONTPELIER RE

MRH

G62185106

5/20/2005

ELECT DIRECTORS

ISSUER

YES

FOR

MONTPELIER RE

MRH

G62185106

5/20/2005

RATIFY AUDITORS

ISSUER

YES

FOR

GREATER BAY BANCORP

GBBK

391648102

5/31/2005

ELECT DIRECTORS

ISSUER

YES

FOR

GREATER BAY BANCORP

GBBK

391648102

5/31/2005

APPROVE 2005 INCENTIVE PLAN

ISSUER

YES

FOR

GREATER BAY BANCORP

GBBK

391648102

5/31/2005

APPROVE 2005 EXEC. INCENTIVE PLAN

ISSUER

YES

FOR

GREATER BAY BANCORP

GBBK

391648102

5/31/2005

RATIFY AUDITORS

ISSUER

YES

FOR

GREATER BAY BANCORP

GBBK

391648102

5/31/2005

RESTRICT PREFERRED STOCK

SHAREHOLDER

YES

AGAINST

FOR

ASSURANT

AIZ

04621X108

6/2/2005

ELECT DIRECTORS

ISSUER

YES

FOR

ASSURANT

AIZ

04621X108

6/2/2005

RATIFY AUDITORS

ISSUER

YES

FOR

COUNTRYWIDE FINANCIAL

CFC

222372104

6/15/2005

ELECT DIRECTORS

ISSUER

YES

FOR

COUNTRYWIDE FINANCIAL

CFC

222372104

6/15/2005

APPROVE INCENTIVE PLAN

ISSUER

YES

FOR

COUNTRYWIDE FINANCIAL

CFC

222372104

6/15/2005

RATIFY AUDITORS

ISSUER

YES

FOR

DIAMOND HILL FOCUS FUND

Issuer

Ticker

Cusip

Meeting Date

Description of Vote

Issuer v. SH

Voted?

Vote Cast

For/Against Mgmt

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

ELECT DIRECTORS

ISSUER

YES

FOR

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

AMEND 2002 INCENTIVE COMP PLAN

ISSUER

YES

FOR

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

ADOPT LIMITED SAVINGS OPTION PLAN

ISSUER

YES

FOR

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

REPORT ON GENETICALLY ENGINEERED

ISSUER

YES

AGAINST

FOR

CARDINAL HEALTH

CAH

14149Y108

12/08/04

ELECT DIRECTORS

ISSUER

YES

FOR

CARDINAL HEALTH

CAH

14149Y108

12/08/04

AMEND INCENTIVE PLAN

ISSUER

YES

FOR

CARDINAL HEALTH

CAH

14149Y108

12/08/04

ANNUAL ELECTION OF DIRECTORS

SHAEHOLDER

YES

FOR

AGAINST

U.S. BANCORP

USB

902973304

4/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

ELIMINATE SUPERMAJORITY

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

PERFORMANCE VESTING SHARES

SHAREHOLDER

YES

AGAINST

FOR

U.S. BANCORP

USB

902973304

4/19/2005

PROHIBIT TAX/NON AUDIT WORK BY INDEPENDENT AUDITORS

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

ELECT DIRECTORS

ISSUER

YES

FOR

WEYERHAEUSER

962166104

04/21/05

EXPENSING STOCK OPTIONS

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

CLASSIFIED BOARD

SHAREHOLDER

YES

FOR

AGAINST

WEYERHAEUSER

962166104

04/21/05

PERFORMANCE BASED OPTIONS

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

TIMBER PURCHASES

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

RATIFY AUDITORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

AMEND GOALS OF EQUITY PLAN

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

AMEND GOALS OF INCENTIVE PLAN

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

PERFORMANCE & TIME-BASED RESTRICTED STOCK

SHAREHOLDER

YES

AGAINST

FOR

BLACK & DECKER

BDK

091797100

04/26/05

EXECUTIVE COMP LIMITS

SHAREHOLDER

YES

AGAINST

FOR

FORTUNE BRANDS

349631101

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

FORTUNE BRANDS

349631101

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

FORTUNE BRANDS

349631101

04/26/05

APPROVE DIRECTOR STOCK PLAN

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

APPROVE PERF. INCENTIVE PLAN

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

MAJORITY VOTING

SHAREHOLDER

YES

FOR

AGAINST

BURLINGTON RESOURCES

122014103

04/27/05

ELECT DIRECTORS

ISSUER

YES

FOR

BURLINGTON RESOURCES

122014103

04/27/05

RATIFY AUDITORS

ISSUER

YES

FOR

FLUOR

FLR

343412102

04/27/05

ELECT DIRECTORS

ISSUER

YES

FOR

FLUOR

FLR

343412102

04/27/05

RATIFY AUDITORS

ISSUER

YES

FOR

FLUOR

FLR

343412102

04/27/05

MAJOITY VOTING FOR DIRECTORS

SHAREHOLDER

YES

AGAINST

FOR

JOHNSON & JOHNSON

JNJ

478160104

04/28/05

ELECT DIRECTORS

ISSUER

YES

FOR

JOHNSON & JOHNSON

JNJ

478160104

04/28/05

2005 INCENTIVE PLAN

ISSUER

YES

FOR

JOHNSON & JOHNSON

JNJ

478160104

04/28/05

RATIFY AUDITORS

ISSUER

YES

FOR

APACHE CORP

APA

037411105

05/05/05

ELECT DIRECTORS

ISSUER

YES

FOR

APACHE CORP

APA

037411105

05/05/05

APPROVE 2005 OPTION PLAN

ISSUER

YES

FOR

APACHE CORP

APA

037411105

05/05/05

APPROVE 2005 SAR PLAN

ISSUER

YES

FOR

APACHE CORP

APA

037411105

05/05/05

MAJOITY VOTING FOR DIRECTORS

SHAREHOLDER

YES

AGAINST

FOR

APACHE CORP

APA

037411105

05/05/05

AUDITOR INDEPENDENCE

SHAREHOLDER

YES

AGAINST

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

ELECT DIRECTORS

ISSUER

YES

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

RATIFY AUDITORS

ISSUER

YES

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

COMPENSATION LIMITS

SHAREHOLDER

YES

AGAINST

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

DIRECTOR ELECTION STANDARD

SHAREHOLDER

YES

AGAINST

FOR

BRINK'S

BCO

109696104

05/06/05

ELECT DIRECTORS

ISSUER

YES

FOR

BRINK'S

BCO

109696104

05/06/05

RATIFY AUDITORS

ISSUER

YES

FOR

BRINK'S

BCO

109696104

05/06/05

APPROVE PERFORMANCE GOALS

ISSUER

YES

FOR

BRINK'S

BCO

109696104

05/06/05

APPROVE 2005 INCENTIVE PLAN

ISSUER

YES

AGAINST

TRINITY INDUSTRIES

TRN

896522109

05/09/05

ELECT DIRECTORS

ISSUER

YES

FOR

TRINITY INDUSTRIES

TRN

896522109

05/09/05

RATIFY AUDITORS

ISSUER

YES

FOR

BELO

BLC

080555105

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

BELO

BLC

080555105

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

BOSTON SCIENTIFIC

BSX

101137107

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

BOSTON SCIENTIFIC

BSX

101137107

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

BOSTON SCIENTIFIC

BSX

101137107

05/10/05

MAJOITY VOTING FOR DIRECTORS

SHAREHOLDER

YES

AGAINST

FOR

MANOR CARE

HCR

564055101

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

MANOR CARE

HCR

564055101

05/10/05

APPROVE PERFORMANCE PLAN AWARD

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

APPROVE 2005 OMNIBUS INCENTIVE PLAN

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

ELECT DIRECTORS

ISSUER

YES

FOR

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

RATIFY AUDITORS

ISSUER

YES

FOR

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

INCREASE AUTHORIZED SHARES

ISSUER

YES

AGAINST

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

INCREASE BONDED INDEBTEDNESS

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

ELECT DIRECTORS

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

AMEND 1999 STOCK INCENTIVE PLAN

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

RATIFY AUDITORS

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

CORPORATE POLITICAL GIVING

SHAREHOLDER

YES

AGAINST

FOR

DOW CHEMICAL

DOW

260543103

05/12/05

ELECT DIRECTORS

ISSUER

YES

FOR

DOW CHEMICAL

DOW

260543103

05/12/05

RATIFY AUDITORS

ISSUER

YES

FOR

DOW CHEMICAL

DOW

260543103

05/12/05

PROPOSAL ON TOXIC SUBSTANCES

SHAREHOLDER

YES

AGAINST

FOR

NORFOLK SOUTHERN

NSC

655844108

05/12/05

ELECT DIRECTORS

ISSUER

YES

FOR

NORFOLK SOUTHERN

NSC

655844108

05/12/05

RATIFY AUDITORS

ISSUER

YES

FOR

NORFOLK SOUTHERN

NSC

655844108

05/12/05

APPROVE LT INCENTIVE PLAN

ISSUER

YES

FOR

NORFOLK SOUTHERN

NSC

655844108

05/12/05

APPROVE CORP EXEC INCENTIVE PLAN

ISSUER

YES

FOR

VULCAN MATERIALS

VCM

929160109

05/13/05

ELECT DIRECTORS

ISSUER

YES

FOR

VULCAN MATERIALS

VCM

929160109

05/13/05

RATIFY AUDITORS

ISSUER

YES

FOR

ALLSTATE

ALL

020002101

05/17/05

ELECT DIRECTORS

ISSUER

YES

FOR

ALLSTATE

ALL

020002101

05/17/05

RATIFY AUDITORS

ISSUER

YES

FOR

ALLSTATE

ALL

020002101

05/17/05

CUMULATIVE VOTING

ISSUER

YES

AGAINST

FOR

PACIFICARE

PHS

695112102

05/19/05

ELECT DIRECTORS

ISSUER

YES

FOR

PACIFICARE

PHS

695112102

05/19/05

APPROVE 2005 EQUITY INCENTIVE PLAN

ISSUER

YES

AGAINST

PACIFICARE

PHS

695112102

05/19/05

RATIFY AUDITORS

ISSUER

YES

FOR

PHELPS DODGE

717265102

05/27/05

ELECT DIRECTORS

ISSUER

YES

FOR

PHELPS DODGE

717265102

05/27/05

APPROVE EXEC PERFORMANCE INCENTIVE

ISSUER

YES

FOR

PHELPS DODGE

717265102

05/27/05

APPROVE INCREASE IN AUTHORIZED SHARES

ISSUER

YES

AGAINST

PHELPS DODGE

717265102

05/27/05

RATIFY AUDITORS

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

ELECT DIRECTORS

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

APPROVE SHARE ISSUANCE FOR MERGER

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

AMEND ARTICLES TO INCREASEAUTHORIZED SHARES

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

INCREASE BOARD

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

APPROVE AMENDED INCENTIVE PLAN

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

RATIFY AUDITORS

ISSUER

YES

FOR

DEVON ENERGY

DVN

25179M103

06/08/05

ELECT DIRECTORS

ISSUER

YES

FOR

DEVON ENERGY

DVN

25179M103

06/08/05

RATIFY AUDITORS

ISSUER

YES

FOR

DEVON ENERGY

DVN

25179M103

06/08/05

ADOPT 2005 LT INCENTIVE PLAN

ISSUER

YES

AGAINST

DEVON ENERGY

DVN

25179M103

06/08/05

REVISE DIRECTOR ELECTION STANDARD

ISSUER

YES

AGAINST

AMERICAN GREETINGS

026375105

06/24/05

ELECT DIRECTORS

ISSUER

YES

FOR

DIAMOND HILL SMALL CAP FUND

Issuer

Ticker

Cusip

Meeting Date

Description of Vote

Issuer v. SH

Voted?

Vote Cast

For/Against Mgmt

DEL MONTE FOODS

DLM

24522P103

09/30/04

ELECT DIRECTORS

ISSUER

YES

FOR

DEL MONTE FOODS

DLM

24522P103

09/30/04

RATIFY AUDITOR

ISSUER

YES

FOR

BUCKEYE TECHNOLOGIES

BKI

118255108

10/28/04

ELECT DIRECTORS

ISSUER

YES

FOR

BUCKEYE TECHNOLOGIES

BKI

118255108

10/28/04

RATIFY AUDITOR

ISSUER

YES

FOR

ENNIS, INC.

EBF

293389102

11/04/04

APPROVE SHARE ISSUANCE FOR MERGER

ISSUER

YES

FOR

ENNIS, INC.

EBF

293389102

11/04/04

OTHER MATTERS

ISSUER

YES

FOR

GREENBRIER

GBX

393657101

01/11/05

ELECT DIRECTORS

ISSUER

YES

FOR

GREENBRIER

GBX

393657101

01/11/05

APPROVE STOCK INCENTICE PLAN

ISSUER

YES

FOR

GREENBRIER

GBX

393657101

01/11/05

RATIFY AUDITORS

ISSUER

YES

FOR

GREENBRIER

GBX

393657101

01/11/05

TRANSACT OTHER BUSINESS

ISSUER

YES

FOR

AMERICAN PACIFIC CORP

APFC

028740108

03/02/05

ELECT DIRECTORS

ISSUER

YES

FOR

AMERICAN PACIFIC CORP

APFC

028740108

03/02/05

RATIFY AUDITORS

ISSUER

YES

FOR

HELMERICH & PAYNE

423452101

03/02/05

ELECT DIRECTORS

ISSUER

YES

FOR

UNITED AUTO GROUP

UAG

909440109

04/14/05

ELECT DIRECTORS

ISSUER

YES

FOR

COMMERCIAL CAPITAL BANCORP

CCBI

20162L105

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

COMMERCIAL CAPITAL BANCORP

CCBI

20162L105

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

AMEND GOALS OF EQUITY PLAN

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

AMEND GOALS OF INCENTIVE PLAN

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

PERFORMANCE & TIME-BASED RESTRICTED STOCK

SHAREHOLDER

YES

AGAINST

FOR

BLACK & DECKER

BDK

091797100

04/26/05

EXECUTIVE COMP LIMITS

SHAREHOLDER

YES

AGAINST

FOR

PXRE GROUP

PXT

G73018106

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

PXRE GROUP

PXT

G73018106

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

PXRE GROUP

PXT

G73018106

04/26/05

AMEND BY-LAWS

ISSUER

YES

FOR

MAF BANCORP

MAFB

55261R108

4/27/2005

ELECT DIRECTORS

ISSUER

YES

FOR

MAF BANCORP

MAFB

55261R108

4/27/2005

RATIFY AUDITORS

ISSUER

YES

FOR

1ST SOURCE

SRCE

336901103

04/28/05

ELECT DIRECTORS

ISSUER

YES

FOR

1ST SOURCE

SRCE

336901103

04/28/05

RATIFY AUDITORS

ISSUER

YES

FOR

OLYMPIC STEEL

ZEUS

68162K106

04/28/05

ELECT DIRECTORS

ISSUER

YES

FOR

LUFKIN INDUSTRIES

LUFK

549764108

05/04/05

ELECT DIRECTORS

ISSUER

YES

FOR

LINCOLN ELECTRIC

LECO

533900106

05/05/05

ELECT DIRECTORS

ISSUER

YES

FOR

LINCOLN ELECTRIC

LECO

533900106

05/05/05

RATIFY AUDITORS

ISSUER

YES

FOR

MAXWELL TECHNOLOGIES

MXWL

577767106

05/05/05

ELECT DIRECTORS

ISSUER

YES

FOR

MAXWELL TECHNOLOGIES

MXWL

577767106

05/05/05

RATIFY AUDITORS

ISSUER

YES

FOR

MAXWELL TECHNOLOGIES

MXWL

577767106

05/05/05

APPROVE 2005 INCENTIVE PLAN

ISSUER

YES

FOR

MAXWELL TECHNOLOGIES

MXWL

577767106

05/05/05

APPROVE 2005 OMNIBUS INCENTIVE PLAN

ISSUER

YES

FOR

BRINKS

BCO

109696104

05/06/05

ELECT DIRECTORS

ISSUER

YES

FOR

BRINKS

BCO

109696104

05/06/05

RATIFY AUDITORS

ISSUER

YES

FOR

BRINKS

BCO

109696104

05/06/05

APPROVE PERFORMANCE GOALS

ISSUER

YES

FOR

BRINKS

BCO

109696104

05/06/05

APPROVE 2005 INCENTIVE PLAN

ISSUER

YES

AGAINST

KAYDON

KDN

486587108

05/06/05

ELECT DIRECTORS

ISSUER

YES

FOR

KAYDON

KDN

486587108

05/06/05

RATIFY AUDITORS

ISSUER

YES

FOR

TRINITY INDUSTRIES

TRN

896522109

05/09/05

ELECT DIRECTORS

ISSUER

YES

FOR

TRINITY INDUSTRIES

TRN

896522109

05/09/05

RATIFY AUDITORS

ISSUER

YES

FOR

BELO

BLC

080555105

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

BELO

BLC

080555105

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

MANOR CARE

HCR

564055101

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

MANOR CARE

HCR

564055101

05/10/05

APPROVE PERFORMANCE PLAN AWARD

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

APPROVE 2005 OMNIBUS INCENTIVE PLAN

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

BERRY PETROLEUM

BRY

085789105

05/11/05

ELECT DIRECTORS

ISSUER

YES

FOR

BERRY PETROLEUM

BRY

085789105

05/11/05

APPROVE 2005 INCENTIVE PLAN

ISSUER

YES

FOR

BOWATER

BOW

102183100

05/11/05

ELECT DIRECTORS

ISSUER

YES

FOR

BOWATER

BOW

102183100

05/11/05

RATIFY AUDITORS

ISSUER

YES

FOR

TRIZETTO

TZIX

896882107

05/11/05

ELECT DIRECTORS

ISSUER

YES

FOR

TRIZETTO

TZIX

896882107

05/11/05

APPROVE STOCK OPTION PROGRAM

ISSUER

YES

AGAINST

TRIZETTO

TZIX

896882107

05/11/05

AMEND EMPLOYEE STOCK PURCHASE

ISSUER

YES

FOR

TRIZETTO

TZIX

896882107

05/11/05

RATIFY AUDITORS

ISSUER

YES

FOR

GEVITY HR

GVHR

374393106

05/12/05

ELECT DIRECTORS

ISSUER

YES

FOR

GEVITY HR

GVHR

374393106

05/12/05

2005 EQUITY INCENTIVE PLAN

ISSUER

YES

FOR

GEVITY HR

GVHR

374393106

05/12/05

EXEC COMP PLAN

ISSUER

YES

FOR

LODGENET

LNET

540221109

05/11/05

ELECT DIRECTORS

ISSUER

YES

FOR

LODGENET

LNET

540221109

05/11/05

RATIFY AUDITORS

ISSUER

YES

FOR

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

ELECT DIRECTORS

ISSUER

YES

FOR

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

RATIFY AUDITORS

ISSUER

YES

FOR

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

INCREASE AUTHORIZED SHARES

ISSUER

YES

AGAINST

SOUTHWESTERN ENERGY

SWN

845467109

5/11//05

INCREASE BONDED INDEBTEDNESS

ISSUER

YES

FOR

HANMI FINANCIAL

HAFC

410495105

05/18/05

ELECT DIRECTORS

ISSUER

YES

FOR

PACIFICARE

PHS

695112102

05/19/05

ELECT DIRECTORS

ISSUER

YES

FOR

PACIFICARE

PHS

695112102

05/19/05

APPROVE 2005 EQUITY INCENTIVE PLAN

ISSUER

YES

AGAINST

PACIFICARE

PHS

695112102

05/19/05

RATIFY AUDITORS

ISSUER

YES

FOR

WASHINGTON GROUP

WGII

938862208

05/19/05

ELECT DIRECTORS

ISSUER

YES

FOR

WASHINGTON GROUP

WGII

938862208

05/19/05

RATIFY AUDITORS

ISSUER

YES

FOR

WPS RESOURCES

WPS

92931B106

5/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

WPS RESOURCES

WPS

92931B106

5/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

WPS RESOURCES

WPS

92931B106

5/19/2005

APPROVE OMNIBUS INCENTIVE PLAN

ISSUER

YES

FOR

WPS RESOURCES

WPS

92931B106

5/19/2005

APPROVE AMENDED DEFERRED COMP PLAN

ISSUER

YES

FOR

EAGLE HOSPITALITY

EHP

26959T102

5/20/2005

ELECT DIRECTORS

ISSUER

YES

FOR

EAGLE HOSPITALITY

EHP

26959T102

5/20/2005

RATIFY AUDITORS

ISSUER

YES

FOR

CALLAWAY GOLF

ELY

131193104

05/24/05

ELECT DIRECTORS

ISSUER

YES

FOR

CALLAWAY GOLF

ELY

131193104

05/24/05

RATIFY AUDITORS

ISSUER

YES

FOR

MARTIN MARIETTA MATERIALS

MLM

573284106

05/24/05

ELECT DIRECTORS

ISSUER

YES

FOR

MARTIN MARIETTA MATERIALS

MLM

573284106

05/24/05

RATIFY AUDITORS

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

ELECT DIRECTORS

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

APPROVE SHARE ISSUANCE FOR MERGER

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

AMEND ARTICLES TO INCREASEAUTHORIZED SHARES

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

INCREASE BOARD

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

APPROVE AMENDED INCENTIVE PLAN

ISSUER

YES

FOR

CIMAREX

XEC

171798101

06/06/05

RATIFY AUDITORS

ISSUER

YES

FOR

STEINER LEISURE

STNR

P8744Y102

06/16/05

ELECT DIRECTORS

ISSUER

YES

FOR

STEINER LEISURE

STNR

P8744Y102

06/16/05

RATIFY AUDITORS

ISSUER

YES

FOR

AMERICAN GREETINGS

026375105

06/24/05

ELECT DIRECTORS

ISSUER

YES

FOR

DIAMOND HILL LARGE CAP FUND

Issuer

Ticker

Cusip

Meeting Date

Description of Vote

Issuer v. SH

Voted?

Vote Cast

For/Against Mgmt

PARKER HANNIFIN

701094104

10/27/04

ELECT DIRECTORS

ISSUER

YES

FOR

PARKER HANNIFIN

701094104

10/27/04

RATIFY AUDITORS

ISSUER

YES

FOR

PARKER HANNIFIN

701094104

10/27/04

APPROVE NON EMPLOYEE DIRECTOR

ISSUER

YES

FOR

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

ELECT DIRECTORS

ISSUER

YES

FOR

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

AMEND 2002 INCENTIVE COMP PLAN

ISSUER

YES

FOR

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

ADOPT LIMITED SAVINGS OPTION PLAN

ISSUER

YES

FOR

ARCHER-DANIELS-MIDLAND

ADM

039483102

11/04/04

REPORT ON GENETICALLY ENGINEERED

ISSUER

YES

AGAINST

FOR

CARDINAL HEALTH

CAH

14149Y108

12/08/04

ELECT DIRECTORS

ISSUER

YES

FOR

CARDINAL HEALTH

CAH

14149Y108

12/08/04

AMEND INCENTIVE PLAN

ISSUER

YES

FOR

CARDINAL HEALTH

CAH

14149Y108

12/08/04

ANNUAL ELECTION OF DIRECTORS

SHAEHOLDER

YES

FOR

AGAINST

WESTPAC BANKING

WBK

961214301

12/16/2004

ELECT DIRECTOR

ISSUER

YES

FOR

WESTPAC BANKING

WBK

961214301

12/16/2004

ELECT DIRECTOR

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

ELECT DIRECTORS

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

RATIFY AUDITORS

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

ELIMINATE SUPERMAJORITY

ISSUER

YES

FOR

U.S. BANCORP

USB

902973304

4/19/2005

PERFORMANCE VESTING SHARES

SHAREHOLDER

YES

AGAINST

FOR

U.S. BANCORP

USB

902973304

4/19/2005

PROHIBIT TAX/NON AUDIT WORK BY INDEPENDENT AUDITORS

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

ELECT DIRECTORS

ISSUER

YES

FOR

WEYERHAEUSER

962166104

04/21/05

EXPENSING STOCK OPTIONS

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

CLASSIFIED BOARD

SHAREHOLDER

YES

FOR

AGAINST

WEYERHAEUSER

962166104

04/21/05

PERFORMANCE BASED OPTIONS

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

TIMBER PURCHASES

SHAREHOLDER

YES

AGAINST

FOR

WEYERHAEUSER

962166104

04/21/05

RATIFY AUDITORS

ISSUER

YES

FOR

AMERICAN ELECTRIC POWER

AEP

025537101

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

AMERICAN ELECTRIC POWER

AEP

025537101

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

AMERICAN ELECTRIC POWER

AEP

025537101

04/26/05

APPROVE INCENTIVE PLAN

ISSUER

YES

FOR

AMERICAN ELECTRIC POWER

AEP

025537101

04/26/05

SUPPLEMENTAL EXECUTIVE RETIREMENT

SHAREHOLDER

YES

AGAINST

FOR

BLACK & DECKER

BDK

091797100

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

AMEND GOALS OF EQUITY PLAN

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

AMEND GOALS OF INCENTIVE PLAN

ISSUER

YES

FOR

BLACK & DECKER

BDK

091797100

04/26/05

PERFORMANCE & TIME-BASED RESTRICTED STOCK

SHAREHOLDER

YES

AGAINST

FOR

BLACK & DECKER

BDK

091797100

04/26/05

EXECUTIVE COMP LIMITS

SHAREHOLDER

YES

AGAINST

FOR

FORUNE BRANDS

349631101

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

FORUNE BRANDS

349631101

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

FORUNE BRANDS

349631101

04/26/05

APPROVE DIRECTOR STOCK PLAN

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

ELECT DIRECTORS

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

RATIFY AUDITORS

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

APPROVE PERF. INCENTIVE PLAN

ISSUER

YES

FOR

MEADWESTVACO

MWV

583334107

04/26/05

MAJORITY VOTING

SHAREHOLDER

YES

FOR

AGAINST

BURLINGTON RESOURCES

122014103

04/27/05

ELECT DIRECTORS

ISSUER

YES

FOR

BURLINGTON RESOURCES

122014103

04/27/05

RATIFY AUDITORS

ISSUER

YES

FOR

EATON

ETN

278058102

04/27/05

ELECT DIRECTORS

ISSUER

YES

FOR

EATON

ETN

278058102

04/27/05

RATIFY AUDITORS

ISSUER

YES

FOR

FLUOR

FLR

343412102

04/27/05

ELECT DIRECTORS

ISSUER

YES

FOR

FLUOR

FLR

343412102

04/27/05

RATIFY AUDITORS

ISSUER

YES

FOR

FLUOR

FLR

343412102

04/27/05

MAJOITY VOTING FOR DIRECTORS

SHAREHOLDER

YES

AGAINST

FOR

JOHNSON & JOHNSON

JNJ

478160104

04/28/05

ELECT DIRECTORS

ISSUER

YES

FOR

JOHNSON & JOHNSON

JNJ

478160104

04/28/05

2005 INCENTIVE PLAN

ISSUER

YES

FOR

JOHNSON & JOHNSON

JNJ

478160104

04/28/05

RATIFY AUDITORS

ISSUER

YES

FOR

KIMBERLY-CLARK

KMB

494368103

04/28/05

ELECT DIRECTORS

ISSUER

YES

FOR

KIMBERLY-CLARK

KMB

494368103

04/28/05

RATIFY AUDITORS

ISSUER

YES

FOR

KIMBERLY-CLARK

KMB

494368103

04/28/05

GLOBAL HUMAN RIGHTS STANDARDS

SHAREHOLDER

YES

FOR

PFIZER

PFE

717081103

04/28/05

ELECT DIRECTORS

ISSUER

YES

FOR

PFIZER

PFE

717081103

04/28/05

RATIFY AUDITORS

ISSUER

YES

FOR

PFIZER

PFE

717081103

04/28/05

DIRECTOR TERM LIMITS

SHAREHOLDER

YES

AGAINST

FOR

PFIZER

PFE

717081103

04/28/05

INCREASED ACCESS TO PFE PRODUCTS

SHAREHOLDER

YES

AGAINST

FOR

PFIZER

PFE

717081103

04/28/05

IMPORTATION OF DRUGS

SHAREHOLDER

YES

AGAINST

FOR

PFIZER

PFE

717081103

04/28/05

POLITICAL CONTRIBUTIONS

SHAREHOLDER

YES

AGAINST

FOR

PFIZER

PFE

717081103

04/28/05

AVAILABILITY IN CANADA

SHAREHOLDER

YES

AGAINST

FOR

PFIZER

PFE

717081103

04/28/05

SEPARATE CHAIRMAN/CEO ROLES

SHAREHOLDER

YES

AGAINST

FOR

APACHE CORP

APA

037411105

05/05/05

ELECT DIRECTORS

ISSUER

YES

FOR

APACHE CORP

APA

037411105

05/05/05

APPROVE 2005 OPTION PLAN

ISSUER

YES

FOR

APACHE CORP

APA

037411105

05/05/05

APPROVE 2005 SAR PLAN

ISSUER

YES

FOR

APACHE CORP

APA

037411105

05/05/05

MAJOITY VOTING FOR DIRECTORS

SHAREHOLDER

YES

AGAINST

FOR

APACHE CORP

APA

037411105

05/05/05

AUDITOR INDEPENDENCE

SHAREHOLDER

YES

AGAINST

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

ELECT DIRECTORS

ISSUER

YES

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

RATIFY AUDITORS

ISSUER

YES

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

COMPENSATION LIMITS

SHAREHOLDER

YES

AGAINST

FOR

CONOCOPHILLIPS

COP

20825C104

05/05/05

DIRECTOR ELECTION STANDARD

SHAREHOLDER

YES

AGAINST

FOR

BRINK'S

BCO

109696104

05/06/05

ELECT DIRECTORS

ISSUER

YES

FOR

BRINK'S

BCO

109696104

05/06/05

RATIFY AUDITORS

ISSUER

YES

FOR

BRINK'S

BCO

109696104

05/06/05

APPROVE PERFORMANCE GOALS

ISSUER

YES

FOR

BRINK'S

BCO

109696104

05/06/05

APPROVE 2005 INCENTIVE PLAN

ISSUER

YES

AGAINST

TRINITY INDUSTRIES

TRN

896522109

05/09/05

ELECT DIRECTORS

ISSUER

YES

FOR

TRINITY INDUSTRIES

TRN

896522109

05/09/05

RATIFY AUDITORS

ISSUER

YES

FOR

BELO

BLC

080555105

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

BELO

BLC

080555105

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

BOSTON SCIENTIFIC

BSX

101137107

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

BOSTON SCIENTIFIC

BSX

101137107

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

BOSTON SCIENTIFIC

BSX

101137107

05/10/05

MAJOITY VOTING FOR DIRECTORS

SHAREHOLDER

YES

AGAINST

FOR

MANOR CARE

HCR

564055101

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

MANOR CARE

HCR

564055101

05/10/05

APPROVE PERFORMANCE PLAN AWARD

ISSUER

YES

FOR

MASCO

MAS

574599106

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

MASCO

MAS

574599106

05/10/05

APPROVE LT STOCK INCENTIVE PLAN

ISSUER

YES

FOR

MASCO

MAS

574599106

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

ELECT DIRECTORS

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

APPROVE 2005 OMNIBUS INCENTIVE PLAN

ISSUER

YES

FOR

MONEYGRAM

MGI

60935Y109

05/10/05

RATIFY AUDITORS

ISSUER

YES

FOR

BOWATER

BOW

102183100

05/11/05

ELECT DIRECTORS

ISSUER

YES

FOR

BOWATER

BOW

102183100

05/11/05

RATIFY AUDITORS

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

ELECT DIRECTORS

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

AMEND 1999 STOCK INCENTIVE PLAN

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

RATIFY AUDITORS

ISSUER

YES

FOR

ANADARKO PETROLEUM

APC

032511107

05/12/05

CORPORATE POLITICAL GIVING

SHAREHOLDER

YES

AGAINST

FOR

DOW CHEMICAL

DOW

260543103

05/12/05

ELECT DIRECTORS

ISSUER

YES

FOR

DOW CHEMICAL

DOW

260543103

05/12/05

RATIFY AUDITORS

ISSUER

YES

FOR

DOW CHEMICAL

DOW

260543103

05/12/05

PROPOSAL ON TOXIC SUBSTANCES

SHAREHOLDER

YES

AGAINST

FOR

VULCAN MATERIALS

VCM

929160109

05/13/05

ELECT DIRECTORS

ISSUER

YES

FOR

VULCAN MATERIALS

VCM

929160109

05/13/05

RATIFY AUDITORS

ISSUER

YES

FOR

ALLSTATE

ALL

020002101

05/17/05

ELECT DIRECTORS

ISSUER

YES

FOR

ALLSTATE

ALL

020002101

05/17/05

RATIFY AUDITORS

ISSUER

YES

FOR

ALLSTATE

ALL

020002101

05/17/05

CUMULATIVE VOTING

ISSUER

YES

AGAINST

FOR

COMERICA

CMA

200340107

5/17/2005

ELECT DIRECTORS

ISSUER

YES

FOR

COMERICA

CMA

200340107

5/17/2005

RATIFY AUDITORS

ISSUER

YES

FOR

PACIFICARE

PHS

695112102

05/19/05

ELECT DIRECTORS

ISSUER

YES

FOR

PACIFICARE

PHS

695112102

05/19/05

APPROVE 2005 EQUITY INCENTIVE PLAN

ISSUER

YES

AGAINST

PACIFICARE

PHS

695112102

05/19/05

RATIFY AUDITORS

ISSUER

YES

FOR

PHELPS DODGE

717265102

05/27/05

ELECT DIRECTORS

ISSUER

YES

FOR

PHELPS DODGE

717265102

05/27/05

APPROVE EXEC PERFORMANCE INCENTIVE

ISSUER

YES

FOR

PHELPS DODGE

717265102

05/27/05

APPROVE INCREASE IN AUTHORIZED SHARES

ISSUER

YES

AGAINST

PHELPS DODGE

717265102

05/27/05

RATIFY AUDITORS

ISSUER

YES

FOR

DEVON ENERGY

DVN

25179M103

06/08/05

ELECT DIRECTORS

ISSUER

YES

FOR

DEVON ENERGY

DVN

25179M103

06/08/05

RATIFY AUDITORS

ISSUER

YES

FOR

DEVON ENERGY

DVN

25179M103

06/08/05

ADOPT 2005 LT INCENTIVE PLAN

ISSUER

YES

AGAINST

DEVON ENERGY

DVN

25179M103

06/08/05

REVISE DIRECTOR ELECTION STANDARD

ISSUER

YES

AGAINST

NEENAH PAPER

640079109

06/20/05

ELECT DIRECTORS

ISSUER

YES

FOR

NEENAH PAPER

640079109

06/20/05

RATIFY AUDITORS

ISSUER

YES

FOR

AMERICAN GREETINGS

026375105

06/24/05

ELECT DIRECTORS

ISSUER

YES

FOR

DIAMOND HILL STRATEGIC INCOME FUND

Issuer

Ticker

Cusip

Meeting Date

Description of Vote

Issuer v. SH

Voted?

Vote Cast

For / Against Mgmt

PLAINS ALL AMERICAN PIPELINE

PAA

726503105

1/20/2005

CONVERT B SHARES TO COMMON

ISSUER

YES

FOR

PLAINS ALL AMERICAN PIPELINE

PAA

726503105

1/20/2005

CONVERT C SHARES TO COMMON

ISSUER

YES

FOR

PLAINS ALL AMERICAN PIPELINE

PAA

726503105

1/20/2005

INCENTIVE PLAN

ISSUER

YES

FOR

PLAINS ALL AMERICAN PIPELINE

PAA

726503105

1/20/2005

ADJOURN MEETING

ISSUER

YES

FOR

KANEB PIPE LINE PARTNERS

KPP

484169107

3/11/2005

MERGER PLAN

ISSUER

YES

FOR

KANEB PIPE LINE PARTNERS

KPP

484169107

3/11/2005

ADJOURN MEETING/SOLICIT PROXIES

ISSUER

YES

FOR

PETROFUND ENERGY TRUST

71648W108

4/13/2005

ELECT DIRECTORS

ISSUER

YES

FOR

PETROFUND ENERGY TRUST

71648W108

4/13/2005

RATIFY AUDITORS

ISSUER

YES

FOR

ASHFORD HOSPITALITY TRUST

AHT

044103109

5/3/2005

ELECT DIRECTORS

ISSUER

YES

FOR

ASHFORD HOSPITALITY TRUST

AHT

044103109

5/3/2005

RATIFY AUDITORS

ISSUER

YES

FOR

ASHFORD HOSPITALITY TRUST

AHT

044103109

5/3/2005

ISUANCE OF PREFERRED STOCK

ISSUER

YES

FOR

ASHFORD HOSPITALITY TRUST

AHT

044103109

5/3/2005

CONVERSION OF B INTO COMMON

ISSUER

YES

FOR

ASHFORD HOSPITALITY TRUST

AHT

044103109

5/3/2005

APPROVE STOCK INCENTIVE PLAN

ISSUER

YES

FOR

PROVIDENT ENERGY TRUST

74386K104

5/5/2005

RATIFY AUDITORS

ISSUER

YES

FOR

PROVIDENT ENERGY TRUST

74386K104

5/5/2005

ELECT DIRECTORS

ISSUER

YES

FOR

PROVIDENT ENERGY TRUST

74386K104

5/5/2005

RE-APPONT TRUSTEE

ISSUER

YES

FOR

AGREE REALTY

ADC

008492100

5/9/2005

ELECT DIRECTORS

ISSUER

YES

FOR

AGREE REALTY

ADC

008492100

5/9/2005

APPROVE 2005 INBCENTIVE PLAN

ISSUER

YES

FOR

EAGLE HOSPITALITY

EHP

26959T102

5/20/2005

ELECT DIRECTORS

ISSUER

YES

FOR

EAGLE HOSPITALITY

EHP

26959T102

5/20/2005

RATIFY AUDITORS

ISSUER

YES

FOR

EDUCATION REALTY TRUST

EDR

28140H104

5/25/2005

ELECT DIRECTORS

ISSUER

YES

FOR

EDUCATION REALTY TRUST

EDR

28140H104

5/25/2005

RATIFY AUDITORS

ISSUER

YES

FOR

GOVERNMENT PROPERTIES TRUST

GPP

38374W107

6/1/2005

ELECT DIRECTORS

ISSUER

YES

FOR

GOVERNMENT PROPERTIES TRUST

GPP

38374W107

6/1/2005

RATIFY AUDITORS

ISSUER

YES

FOR

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940,the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Diamond Hill Funds

By (Signatures and Title)*	/s/ James F. Laird
	James F. Laird, President

Date: August 10, 2005

By (Signatures and Title)*	/s/ James F. Laird
	James F. Laird, Chief Executive Officer

Date: August 10, 2005

*Print the name and title of each signing officer under his or her signature.

Diamond Hill Small-Mid Cap Fund (DHMYX) N-PXAnnual report of proxy voting record