Diamond Hill Small Mid Cap Fund Class I (DHMIX) NPORT-P Diamond Hill Large Cap Concentrated Fund (Mar 2022 report)

Diamond Hill Small Cap Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 97.8%	Shares		Fair Value
Communication Services - 0.8%
Live Nation Entertainment, Inc. (a)		33,472	$	3,937,646
Consumer Discretionary - 15.9%
Carter's, Inc.		24,051		2,212,451
Green Brick Partners, Inc. (a)		380,970		7,527,967
Hanesbrands, Inc. (b)		433,538		6,455,381
Johnson Outdoors, Inc., Class A (b)		32,437		2,521,328
PROG Holdings, Inc. (a)		213,118		6,131,405
Red Rock Resorts, Inc., Class A (b)		552,758		26,841,928
Rocky Brands, Inc. (b)		80,682		3,355,564
Vail Resorts, Inc.		40,173		10,455,827
Wolverine World Wide, Inc.		351,478		7,929,344
				73,431,195
Consumer Staples - 10.8%
BellRing Brands, Inc. (a)(b)		138,294		3,191,826
Cal-Maine Foods, Inc. (b)		405,214		22,375,917
Lancaster Colony Corp.		49,943		7,448,998
Post Holdings, Inc. (a)		104,986		7,271,330
Seaboard Corp.		2,287		9,617,956
				49,906,027
Energy - 2.6%
Civitas Resources, Inc.		199,125		11,889,754
Financials - 26.0%
Bank OZK		481,377		20,554,798
BankUnited, Inc.		56,505		2,483,960
BOK Financial Corp.		92,819		8,720,345
Cadence Bank		128,003		3,745,368
Enstar Group Ltd. (a)		53,088		13,863,931
First Interstate BancSystem, Inc., Class A		232,406		8,545,569
Live Oak Bancshares, Inc. (b)		203,344		10,348,176
Mr. Cooper Group, Inc. (a)		284,876		13,010,287
ProAssurance Corp.		417,549		11,223,717
RenaissanceRe Holdings Ltd.		16,916		2,681,355
Triumph Bancorp, Inc. (a)		42,954		4,038,535

Diamond Hill Small Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.8% (Continued)	Shares		Fair Value
Financials - 26.0% (Continued)
Webster Financial Corp.		375,175	$	21,054,821
				120,270,862
Health Care - 1.9%
Integer Holdings Corp. (a)		41,706		3,360,252
Natus Medical, Inc. (a)		204,629		5,377,650
				8,737,902
Industrials - 18.7%
Allegiant Travel Co. (a)		74,876		12,159,114
Allied Motion Technologies, Inc.		194,094		5,791,765
Colfax Corp. (a)		518,833		20,644,365
Concrete Pumping Holdings, Inc. (a)(b)(c)		1,012,605		6,784,453
Douglas Dynamics, Inc. (b)		129,261		4,471,138
Energy Recovery, Inc. (a)		250,507		5,045,211
Kirby Corp. (a)		88,610		6,396,756
Sensata Technologies Holding plc (a)		36,275		1,844,584
Stericycle, Inc. (a)		107,015		6,305,324
WESCO International, Inc. (a)		130,706		17,010,079
				86,452,789
Information Technology - 5.6%
Rimini Street, Inc. (a)(b)		1,640,735		9,516,263
Sanmina Corp. (a)		57,813		2,336,801
WNS Holdings Ltd. - ADR (a)		163,499		13,977,530
				25,830,594
Materials - 7.8%
Ashland Global Holdings, Inc.		117,064		11,520,268
Chase Corp.		65,476		5,690,519
Taseko Mines Ltd. (a)(b)		4,737,131		10,848,030
TriMas Corp. (b)		117,921		3,784,085
UFP Technologies, Inc. (a)		67,047		4,436,500
				36,279,402
Real Estate - 5.7%
CubeSmart		164,591		8,563,670
Jones Lang LaSalle, Inc. (a)		10,052		2,407,052
Rayonier, Inc.		205,699		8,458,343

Diamond Hill Small Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.8% (Continued)	Shares		Fair Value
Real Estate - 5.7% (Continued)
Ryman Hospitality Properties, Inc. (a)		73,034	$	6,775,364
				26,204,429
Utilities - 2.0%
South Jersey Industries, Inc.		152,585		5,271,812
UGI Corp.		110,327		3,996,044
				9,267,856
Total Common Stocks (Cost $281,621,477)			$	452,208,456

Registered Investment Companies - 5.0%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 0.25% (d)	10,373,119	$	10,373,119
State Street Navigator Securities Lending Portfolio I, 0.43% (d)(e)	12,579,450		12,579,450
Total Registered Investment Companies (Cost $22,952,569)		$	22,952,569
Total Investment Securities - 102.8% (Cost $304,574,046)		$	475,161,025
Liabilities in Excess of Other Assets - (2.8)%			(13,060,516	)
Net Assets - 100.0%		$	462,100,509

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan. The total fair value of the securities on loan as of March 31, 2022 was $13,369,726.
(c)	Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of March 31, 2022 was $6,784,453, representing 1.5% of net assets.
(d)	The rate shown is the 7-day effective yield as of March 31, 2022.
(e)	This security was purchased using cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $1,429,371.

ADR - American Depositary Receipt.

plc - Public Limited Company

Diamond Hill Small-Mid Cap Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 97.6%	Shares		Fair Value
Communication Services - 1.3%
Liberty Media Corp. - Liberty Formula One - Series C (a)(b)		430,321	$	30,053,619
Consumer Discretionary - 16.2%
Advance Auto Parts, Inc.		96,951		20,064,979
BorgWarner, Inc.		503,082		19,569,890
Hanesbrands, Inc. (a)		2,948,437		43,902,227
NVR, Inc. (b)		12,127		54,174,583
Polaris, Inc. (a)		326,492		34,386,137
PROG Holdings, Inc. (b)		867,849		24,968,016
Red Rock Resorts, Inc., Class A (a)		2,170,887		105,418,273
Vail Resorts, Inc.		130,869		34,061,275
Wolverine World Wide, Inc. (a)		1,423,088		32,104,865
				368,650,245
Consumer Staples - 8.9%
BellRing Brands, Inc. (a)(b)		1,081,832		24,968,683
Cal-Maine Foods, Inc. (a)		1,405,971		77,637,719
Flowers Foods, Inc. (a)		588,439		15,128,767
Lancaster Colony Corp.		165,111		24,626,306
Post Holdings, Inc. (b)		853,323		59,101,151
				201,462,626
Energy - 3.0%
Civitas Resources, Inc.		239,020		14,271,884
Coterra Energy, Inc.		2,037,321		54,946,547
				69,218,431
Financials - 27.1%
Alleghany Corp. (b)		66,022		55,920,634
Bank OZK		1,118,422		47,756,619
BankUnited, Inc. (a)		1,130,513		49,697,351
BOK Financial Corp. (a)		548,302		51,512,973
Brighthouse Financial, Inc. (b)		485,737		25,093,173
Brown & Brown, Inc. (a)		164,856		11,914,143
Cadence Bank		449,768		13,160,212
Enstar Group Ltd. (b)		82,581		21,566,028
First Interstate BancSystem, Inc., Class A		865,166		31,812,154
First Republic Bank		191,511		31,043,933

Diamond Hill Small-Mid Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.6% (Continued)	Shares		Fair Value
Financials - 27.1% (Continued)
Live Oak Bancshares, Inc. (a)		213,674	$	10,873,870
Loews Corp.		457,147		29,632,269
Mr. Cooper Group, Inc. (b)		1,042,211		47,597,776
ProAssurance Corp.		1,045,543		28,104,196
RenaissanceRe Holdings Ltd.		198,763		31,505,923
SVB Financial Group (b)		76,098		42,573,026
Webster Financial Corp.		1,544,348		86,668,810
				616,433,090
Health Care - 1.1%
Boston Scientific Corp. (b)		244,398		10,824,387
Integer Holdings Corp. (a)(b)		160,226		12,909,409
				23,733,796
Industrials - 22.1%
Alaska Air Group, Inc. (b)		348,764		20,231,800
Allegiant Travel Co. (a)(b)		263,956		42,863,815
Colfax Corp. (b)		2,337,306		93,001,406
Energy Recovery, Inc. (a)(b)		882,182		17,767,145
Gates Industrial Corp. plc (b)		2,942,634		44,316,068
Kirby Corp. (b)		667,481		48,185,453
Sensata Technologies Holding plc (a)(b)		1,080,966		54,967,121
SPX FLOW, Inc.		264,066		22,767,771
Stericycle, Inc. (b)		518,150		30,529,398
WESCO International, Inc. (b)		992,596		129,176,443
				503,806,420
Information Technology - 3.1%
Broadridge Financial Solutions, Inc.		65,435		10,188,884
Sanmina Corp. (b)		684,376		27,662,478
WNS Holdings Ltd. - ADR (b)		380,562		32,534,245
				70,385,607
Materials - 2.2%
Ashland Global Holdings, Inc. (a)		516,769		50,855,237
Real Estate - 8.5%
CubeSmart		1,483,270		77,174,538
Douglas Emmett, Inc.		693,893		23,189,904

Diamond Hill Small-Mid Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.6% (Continued)	Shares		Fair Value
Real Estate - 8.5% (Continued)
Jones Lang LaSalle, Inc. (b)		50,751	$	12,152,834
Rayonier, Inc.		987,001		40,585,481
Ryman Hospitality Properties, Inc. (b)		314,763		29,200,564
UDR, Inc.		212,729		12,204,263
				194,507,584
Utilities - 4.1%
South Jersey Industries, Inc. (a)		1,354,960		46,813,868
UGI Corp.		1,301,267		47,131,891
				93,945,759
Total Common Stocks (Cost $1,537,372,954)			$	2,223,052,414

Diamond Hill Small-Mid Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Registered Investment Companies - 10.8%	Shares		Fair Value
Diamond Hill Short Duration Securitized Bond Fund - Class Y, (c)		1,824,111	$	17,931,010
State Street Institutional US Government Money Market Fund - Premier Class, 0.25% (d)		42,514,660		42,514,660
State Street Navigator Securities Lending Portfolio I, 0.43% (d)(e)		184,145,043		184,145,043
Total Registered Investment Companies (Cost $244,974,158)			$	244,590,713
Total Investment Securities - 108.4% (Cost $1,782,347,112)			$	2,467,643,127
Liabilities in Excess of Other Assets - (8.4)%				(190,511,478	)
Net Assets - 100.0%			$	2,277,131,649

^(a) All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $180,879,683.

^(b) Non-income producing security.

^(c) Affiliated Fund

Diamond Hill Short Duration Securitized Bond Fund
Value, December 31, 2021	$	27,403,556
Purchases		144,146
Sales		(9,000,000	)
Realized Losses		(81,616	)
Change in Unrealized Appreciation (Depreciation)		(535,076	)
Value, March 31, 2022	$	17,931,010
Income Distributions	$	144,146

^(d) The rate shown is the 7-day effective yield as of March 31, 2022.

^(e) This security was purchased using cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $4,247,775.

ADR -	American Depositary Receipt.
plc -	Public Limited Company

Diamond Hill Mid Cap Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 97.0%	Shares		Fair Value
Communication Services - 1.3%
Liberty Media Corp. - Liberty Formula One - Series C (a)		50,714	$	3,541,866
Consumer Discretionary - 14.8%
Advance Auto Parts, Inc.		10,143		2,099,195
BorgWarner, Inc.		60,125		2,338,862
Hanesbrands, Inc.		309,486		4,608,247
NVR, Inc. (a)		1,396		6,236,309
Polaris, Inc. (b)		33,021		3,477,772
PROG Holdings, Inc. (a)		69,023		1,985,792
Red Rock Resorts, Inc., Class A		239,698		11,639,735
Vail Resorts, Inc.		15,147		3,942,310
VF Corp.		60,778		3,455,837
				39,784,059
Consumer Staples - 6.3%
Archer-Daniels-Midland Co.		41,281		3,726,023
BellRing Brands, Inc. (a)		118,497		2,734,911
Flowers Foods, Inc.		37,161		955,409
Lancaster Colony Corp.		19,493		2,907,381
Post Holdings, Inc. (a)		93,468		6,473,594
				16,797,318
Energy - 2.0%
Coterra Energy, Inc.		201,725		5,440,523
Financials - 27.7%
Alleghany Corp. (a)		6,741		5,709,627
American International Group, Inc.		121,212		7,608,477
Bank OZK		112,648		4,810,070
BankUnited, Inc.		97,820		4,300,167
BOK Financial Corp.		34,574		3,248,227
Brighthouse Financial, Inc. (a)		58,357		3,014,723
Discover Financial Services		15,201		1,674,998
Enstar Group Ltd. (a)		8,183		2,136,990
First Republic Bank		40,616		6,583,854
Hartford Financial Services Group, Inc. (The)		67,801		4,868,790
Loews Corp.		62,277		4,036,795

Diamond Hill Mid Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.0% (Continued)	Shares		Fair Value
Financials - 27.7% (Continued)
Mr. Cooper Group, Inc. (a)		87,366	$	3,990,005
RenaissanceRe Holdings Ltd.		14,334		2,272,082
SVB Financial Group (a)		14,546		8,137,760
Webster Financial Corp.		137,075		7,692,649
Willis Towers Watson plc		17,407		4,111,882
				74,197,096
Health Care - 1.7%
Boston Scientific Corp. (a)		103,959		4,604,344
Industrials - 17.8%
Alaska Air Group, Inc. (a)		74,772		4,337,524
Allegiant Travel Co. (a)		12,940		2,101,327
Colfax Corp. (a)		275,724		10,971,058
Kirby Corp. (a)		76,107		5,494,164
Parker-Hannifin Corp.		20,710		5,876,670
Sensata Technologies Holding plc (a)		105,799		5,379,879
Stericycle, Inc. (a)		61,429		3,619,397
WESCO International, Inc. (a)		77,377		10,069,843
				47,849,862
Information Technology - 6.8%
Check Point Software Technologies Ltd. (a)		63,664		8,802,185
Cognizant Technology Solutions Corp., Class A		47,687		4,276,093
NXP Semiconductors NV		12,949		2,396,601
SS&C Technologies Holdings, Inc.		35,101		2,633,277
				18,108,156
Materials - 5.5%
Ashland Global Holdings, Inc.		60,983		6,001,337
Freeport-McMoRan, Inc.		177,727		8,840,141
				14,841,478
Real Estate - 9.3%
CubeSmart		172,149		8,956,912
Douglas Emmett, Inc.		85,656		2,862,624
Jones Lang LaSalle, Inc. (a)		6,365		1,524,163
Rayonier, Inc.		73,887		3,038,233
Ryman Hospitality Properties, Inc. (a)		37,129		3,444,457

Diamond Hill Mid Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.0% (Continued)	Shares		Fair Value
Real Estate - 9.3% (Continued)
UDR, Inc.		26,714	$	1,532,582
Weyerhaeuser Co.		93,506		3,543,877
				24,902,848
Utilities - 3.8%
South Jersey Industries, Inc.		138,319		4,778,921
UGI Corp.		148,458		5,377,149
				10,156,070
Total Common Stocks (Cost $167,039,045)			$	260,223,620

Registered Investment Companies - 4.4%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 0.25% (c)		8,156,812	$	8,156,812
State Street Navigator Securities Lending Portfolio I, 0.43% (c)(d)		3,739,628		3,739,628
Total Registered Investment Companies (Cost $11,896,440)			$	11,896,440
Total Investment Securities - 101.4% (Cost $178,935,485)			$	272,120,060
Liabilities in Excess of Other Assets - (1.4)%				(3,908,862	)
Net Assets - 100.0%			$	268,211,198

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $3,477,772.

^(c) The rate shown is the 7-day effective yield as of March 31, 2022.

^(d) This security was purchased using cash collateral from securities on loan.

NV -	Naamloze Vennootschap
plc -	Public Limited Company

Diamond Hill Large Cap Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 96.6%	Shares		Fair Value
Communication Services - 11.8%
Alphabet, Inc., Class A (a)		89,721	$	249,545,503
Charter Communications, Inc., Class A (a)		246,358		134,393,216
Comcast Corp., Class A		3,086,440		144,507,121
Meta Platforms, Inc., Class A (a)		1,270,790		282,572,864
Verizon Communications, Inc.		2,635,154		134,234,745
Walt Disney Co. (The) (a)		2,221,205		304,660,478
Zynga, Inc., Class A (a)		16,531,257		152,748,815
				1,402,662,742
Consumer Discretionary - 12.7%
Amazon.com, Inc. (a)		29,458		96,031,607
Booking Holdings, Inc. (a)		80,153		188,235,313
BorgWarner, Inc.		3,202,576		124,580,206
General Motors Co. (a)		6,282,173		274,782,247
Hanesbrands, Inc. (b)		8,240,670		122,703,576
Home Depot, Inc. (The)		736,689		220,513,118
NVR, Inc. (a)		60,337		269,541,670
VF Corp.		3,816,529		217,007,839
				1,513,395,576
Consumer Staples - 6.5%
Archer-Daniels-Midland Co.		2,307,493		208,274,318
Mondelēz International, Inc., Class A		3,799,153		238,510,825
PepsiCo, Inc.		1,956,026		327,399,632
				774,184,775
Energy - 3.4%
ConocoPhillips		4,039,216		403,921,600
Financials - 22.1%
American International Group, Inc.		8,858,933		556,075,225
Bank of America Corp.		8,401,408		346,306,038
Berkshire Hathaway, Inc., Class B (a)		941,666		332,323,348
Hartford Financial Services Group, Inc. (The)		2,940,277		211,141,291
KKR & Co., Inc.		5,502,405		321,725,620
Marsh & McLennan Cos., Inc.		1,325,304		225,858,308
Nasdaq, Inc.		1,210,283		215,672,431
Truist Financial Corp.		5,213,992		295,633,346

Diamond Hill Large Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 96.6% (Continued)	Shares		Fair Value
Financials - 22.1% (Continued)
Wells Fargo & Co.		2,713,641	$	131,503,043
				2,636,238,650
Health Care - 12.7%
Abbott Laboratories		3,353,940		396,972,339
AbbVie, Inc.		995,365		161,358,620
Becton, Dickinson and Co.		771,323		205,171,918
Humana, Inc.		555,842		241,885,763
Medtronic plc		2,199,095		243,989,590
Pfizer, Inc.		5,149,492		266,589,201
				1,515,967,431
Industrials - 10.4%
Carrier Global Corp.		2,899,141		132,983,598
Caterpillar, Inc.		1,105,241		246,269,800
Deere & Co.		412,757		171,484,023
Honeywell International, Inc.		734,846		142,986,335
L3Harris Technologies, Inc.		645,964		160,502,675
Parker-Hannifin Corp.		791,556		224,611,931
Waste Management, Inc.		1,025,604		162,558,234
				1,241,396,596
Information Technology - 7.9%
Cognizant Technology Solutions Corp., Class A		1,932,863		173,319,825
Fidelity National Information Services, Inc.		1,889,254		189,718,887
SS&C Technologies Holdings, Inc.		2,351,370		176,399,777
Texas Instruments, Inc.		1,352,154		248,093,216
Visa, Inc., Class A (b)		724,545		160,682,345
				948,214,050
Materials - 5.2%
Freeport-McMoRan, Inc.		6,259,936		311,369,217
Linde plc		591,073		188,806,448
Sherwin-Williams Co. (The)		466,095		116,346,634
				616,522,299
Real Estate - 2.5%
SBA Communications Corp.		394,450		135,730,245
Weyerhaeuser Co.		4,467,297		169,310,556
				305,040,801

Diamond Hill Large Cap Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 96.6% (Continued)	Shares		Fair Value
Utilities - 1.4%
Dominion Energy, Inc.		1,925,663	$	163,623,585
Total Common Stocks (Cost $8,660,069,976)			$	11,521,168,105

Registered Investment Companies - 3.8%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 0.25% (c)		434,148,766	$	434,148,766
State Street Navigator Securities Lending Portfolio I, 0.43% (c)(d)		22,344,968		22,344,968
Total Registered Investment Companies (Cost $456,493,734)			$	456,493,734
Total Investment Securities - 100.4% (Cost $9,116,563,710)			$	11,977,661,839
Liabilities in Excess of Other Assets - (0.4)%				(54,000,491	)
Net Assets - 100.0%			$	11,923,661,348

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $55,131,890.

^(c) The rate shown is the 7-day effective yield as of March 31, 2022.

^(d) This security was purchased using cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $34,976,267.

plc - Public Limited Company

Diamond Hill Large Cap Concentrated Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 97.5%	Shares		Fair Value
Communication Services - 13.3%
Alphabet, Inc., Class A (a)		271	$	753,746
Meta Platforms, Inc., Class A (a)		3,681		818,507
Walt Disney Co. (The) (a)		6,250		857,250
				2,429,503
Consumer Discretionary - 13.2%
General Motors Co. (a)		19,559		855,511
NVR, Inc. (a)		189		844,314
VF Corp.		12,311		700,003
				2,399,828
Consumer Staples - 5.1%
PepsiCo, Inc.		5,550		928,959
Energy - 6.6%
ConocoPhillips		11,997		1,199,700
Financials - 28.4%
American International Group, Inc.		24,571		1,542,322
Bank of America Corp.		21,702		894,556
Berkshire Hathaway, Inc., Class B (a)		2,911		1,027,321
KKR & Co., Inc.		14,696		859,275
Truist Financial Corp.		15,123		857,474
				5,180,948
Health Care - 14.6%
Abbott Laboratories		9,836		1,164,189
Humana, Inc.		1,606		698,883
Pfizer, Inc.		15,226		788,250
				2,651,322
Industrials - 7.8%
Caterpillar, Inc.		3,275		729,735
Parker-Hannifin Corp.		2,460		698,050
				1,427,785
Information Technology - 4.0%
Texas Instruments, Inc.		3,947		724,196

Diamond Hill Large Cap Concentrated Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.5% (Continued)	Shares		Fair Value
Materials - 4.5%
Freeport-McMoRan, Inc.		16,555	$	823,446
Total Common Stocks (Cost $16,909,039)			$	17,765,687

Registered Investment Companies - 7.2%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 0.25% (b) (Cost $1,319,510)		1,319,510	$	1,319,510
Total Investment Securities - 104.7% (Cost $18,228,549)			$	19,085,197
Liabilities in Excess of Other Assets - (4.7)%				(854,420	)
Net Assets - 100.0%			$	18,230,777

^(a) Non-income producing security.

^(b) The rate shown is the 7-day effective yield as of March 31, 2022.

Diamond Hill All Cap Select Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 97.1%	Shares		Fair Value
Communication Services - 11.2%
Alphabet, Inc., Class A (a)		3,075	$	8,552,651
Meta Platforms, Inc., Class A (a)		66,278		14,737,576
Walt Disney Co. (The) (a)		73,394		10,066,721
Zynga, Inc., Class A (a)		1,574,664		14,549,895
				47,906,843
Consumer Discretionary - 16.4%
Amazon.com, Inc. (a)		3,059		9,972,187
Hanesbrands, Inc. (b)		1,612,522		24,010,453
Red Rock Resorts, Inc., Class A		513,318		24,926,722
VF Corp.		197,645		11,238,095
				70,147,457
Consumer Staples - 6.9%
BellRing Brands, Inc. (a)		185,330		4,277,416
Lancaster Colony Corp.		72,279		10,780,413
Post Holdings, Inc. (a)		97,384		6,744,816
SunOpta, Inc. (a)(b)		1,514,537		7,602,976
				29,405,621
Financials - 27.5%
Alleghany Corp. (a)		12,595		10,667,965
American International Group, Inc.		411,607		25,836,571
Bank OZK		45,536		1,944,387
Berkshire Hathaway, Inc., Class B (a)		32,915		11,616,033
Cadence Bank		359,167		10,509,226
KKR & Co., Inc.		312,619		18,278,833
Mr. Cooper Group, Inc. (a)		625,197		28,552,747
Webster Financial Corp.		183,688		10,308,571
				117,714,333
Health Care - 2.1%
Humana, Inc.		21,163		9,209,503
Industrials - 21.6%
Cimpress plc (a)		272,591		17,334,062
Colfax Corp. (a)		473,267		18,831,294
Energy Recovery, Inc. (a)		308,124		6,205,617
Kirby Corp. (a)		184,253		13,301,224

Diamond Hill All Cap Select Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 97.1% (Continued)	Shares		Fair Value
Industrials - 21.6% (Continued)
Sensata Technologies Holding plc (a)		145,717	$	7,409,709
WESCO International, Inc. (a)		224,906		29,269,267
				92,351,173
Information Technology - 4.3%
SS&C Technologies Holdings, Inc.		127,688		9,579,154
Texas Instruments, Inc.		48,378		8,876,395
				18,455,549
Materials - 5.2%
Ashland Global Holdings, Inc.		100,105		9,851,333
Freeport-McMoRan, Inc.		248,567		12,363,723
				22,215,056
Utilities - 1.9%
UGI Corp.		225,891		8,181,772
Total Common Stocks (Cost $308,789,329)			$	415,587,307

Registered Investment Companies - 3.1%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 0.25% (c)		9,734,107	$	9,734,107
State Street Navigator Securities Lending Portfolio I, 0.43% (c)(d)		3,466,324		3,466,324
Total Registered Investment Companies (Cost $13,200,431)			$	13,200,431
Total Investment Securities - 100.2% (Cost $321,989,760)			$	428,787,738
Liabilities in Excess of Other Assets - (0.2)%				(961,765	)
Net Assets - 100.0%			$	427,825,973

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $3,275,255.

^(c) The rate shown is the 7-day effective yield as of March 31, 2022.

^(d) This security was purchased using cash collateral held from securities on loan.

plc - Public Limited Company

Diamond Hill Long-Short Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 85.9%	Shares		Fair Value
Communication Services - 12.6%
Alphabet, Inc., Class A (a)		26,850	$	74,679,247
Comcast Corp., Class A (b)		768,054		35,960,288
Meta Platforms, Inc., Class A (a)(b)		330,099		73,400,814
Verizon Communications, Inc. (b)		638,860		32,543,528
Walt Disney Co. (The) (a)(b)		330,199		45,290,095
				261,873,972
Consumer Discretionary - 7.4%
Booking Holdings, Inc. (a)		12,335		28,968,131
BorgWarner, Inc. (b)		362,933		14,118,094
Hanesbrands, Inc. (b)		2,105,185		31,346,205
TJX Cos., Inc. (The) (b)(c)		469,366		28,434,192
VF Corp. (b)		475,603		27,042,787
Wolverine World Wide, Inc. (b)		1,053,905		23,776,097
				153,685,506
Consumer Staples - 3.8%
Archer-Daniels-Midland Co. (b)		295,486		26,670,566
Constellation Brands, Inc., Class A (b)(c)		127,674		29,405,876
Mondelēz International, Inc., Class A (b)(c)		388,270		24,375,591
				80,452,033
Energy - 2.7%
Chevron Corp. (b)		160,194		26,084,389
Coterra Energy, Inc. (b)		1,151,703		31,061,430
				57,145,819
Financials - 22.2%
American International Group, Inc.		1,291,500		81,067,455
Bank of America Corp. (b)(c)		554,545		22,858,345
Bank OZK (b)(c)		439,380		18,761,526
Berkshire Hathaway, Inc., Class B (a)(b)		141,019		49,767,015
Citigroup, Inc. (b)(c)		1,069,111		57,090,527
Hartford Financial Services Group, Inc. (The) (b)		526,911		37,837,479
KKR & Co., Inc. (b)		1,058,253		61,876,053
MetLife, Inc. (b)		214,059		15,044,067
Morgan Stanley (b)		202,252		17,676,825
SVB Financial Group (a)(b)(c)		46,234		25,865,611
Truist Financial Corp. (b)(c)		789,850		44,784,495

Diamond Hill Long-Short Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 85.9% (Continued)	Shares		Fair Value
Financials - 22.2% (Continued)
Wells Fargo & Co. (c)		599,078	$	29,031,320
				461,660,718
Health Care - 12.4%
Abbott Laboratories (b)		269,012		31,840,260
AbbVie, Inc. (b)		89,426		14,496,849
Becton, Dickinson and Co. (b)		117,917		31,365,922
CVS Health Corp. (b)		327,769		33,173,500
Humana, Inc.		102,800		44,735,476
Medtronic plc		392,259		43,521,136
Perrigo Co. plc (b)		852,359		32,756,156
Pfizer, Inc. (b)		499,715		25,870,246
				257,759,545
Industrials - 10.2%
Alaska Air Group, Inc. (a)(b)(c)		461,288		26,759,317
Colfax Corp. (a)(b)		713,252		28,380,297
Johnson Controls International plc		433,770		28,442,299
Kirby Corp. (a)(b)(c)		509,593		36,787,519
L3Harris Technologies, Inc. (b)		109,180		27,127,955
Parker-Hannifin Corp.		120,336		34,146,543
Sensata Technologies Holding plc (a)		589,958		29,999,364
				211,643,294
Information Technology - 11.3%
Cognizant Technology Solutions Corp., Class A (b)		496,295		44,502,773
Fidelity National Information Services, Inc.		527,936		53,015,333
Microsoft Corp.		176,297		54,354,128
Texas Instruments, Inc. (b)		159,916		29,341,388
Visa, Inc., Class A		132,477		29,379,424
WNS Holdings Ltd. - ADR (a)		280,581		23,986,870
				234,579,916
Materials - 2.1%
Ashland Global Holdings, Inc. (b)		154,689		15,222,944
Freeport-McMoRan, Inc. (b)		558,944		27,801,875
				43,024,819

Diamond Hill Long-Short Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 85.9% (Continued)	Shares		Fair Value
Utilities - 1.2%
Dominion Energy, Inc. (b)		295,925	$	25,144,747
Total Common Stocks (Cost $1,111,572,396)			$	1,786,970,369

Registered Investment Companies - 37.3%	Shares		Fair Value
Diamond Hill Short Duration Securitized Bond Fund - Class Y (d)		1,047,267	$	10,294,636
State Street Institutional US Government Money Market Fund - Premier Class, 0.25% (e)		269,164,894		269,164,894
State Street Navigator Securities Lending Portfolio I, 0.43% (e)(f)		495,039,950		495,039,950
Total Registered Investment Companies (Cost $774,662,204)			$	774,499,480
Total Investment Securities - 123.2% (Cost $1,886,234,600)			$	2,561,469,849
Segregated Cash With Custodian - 29.0%				602,047,164
Investments Sold Short - (28.4)% (Proceeds $558,393,270)				(590,092,556	)
Liabilities in Excess of Other Assets - (23.8)%				(493,915,816	)
Net Assets - 100.0%			$	2,079,508,641

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $475,221,409.

^(c) All or a portion of the shares have been pledged as collateral for open short positions.

^(d) Affiliated Fund

Diamond Hill Short Duration Securitized Bond Fund
Value, December 31, 2021	$	30,812,092
Purchases		157,305
Sales		(20,000,000	)
Realized Losses		(270,838	)
Change in Unrealized Appreciation (Depreciation)		(403,923	)
Value, March 31, 2022	$	10,294,636
Income Distributions	$	157,305

^(e) The rate shown is the 7-day effective yield as of March 31, 2022.

^(f) This security was purchased using cash collateral held from securities on loan.

ADR -	American Depositary Receipt.
plc -	Public Limited Company

Diamond Hill Long-Short Fund

Schedule of Investments Sold Short

March 31, 2022 (Unaudited)

Common Stocks - 28.4%	Shares		Fair Value
Communication Services - 0.5%
Cogent Communications Holdings, Inc.		103,560	$	6,871,206
Ziff Davis, Inc.		42,159		4,080,148
				10,951,354
Consumer Discretionary - 4.8%
Best Buy Co., Inc.		165,776		15,069,038
CarMax, Inc.		49,480		4,773,830
Dick's Sporting Goods, Inc.		55,326		5,533,707
Etsy, Inc.		24,295		3,019,383
GameStop Corp., Class A		104,605		17,425,101
Grand Canyon Education, Inc.		224,902		21,840,233
Macy's, Inc.		218,555		5,324,000
Sleep Number Corp.		118,080		5,987,837
Tesla, Inc.		5,064		5,456,966
Under Armour, Inc., Class A		99,119		1,687,005
Whirlpool Corp.		74,120		12,806,454
				98,923,554
Consumer Staples - 3.6%
Brown-Forman Corp., Class B		491,890		32,966,468
Clorox Co.		65,430		9,096,733
JM Smucker Co. (The)		69,820		9,454,326
WD-40 Co.		121,807		22,318,697
				73,836,224
Energy - 0.4%
RPC, Inc.		681,895		7,275,820
Financials - 3.4%
Bank of Hawaii Corp.		115,590		9,700,313
Blackstone Mortgage Trust, Inc., Class A		283,405		9,009,445
Commerce Bancshares, Inc.		402,029		28,781,256
First Financial Bankshares, Inc.		380,263		16,777,204
Westamerica BanCorp.		95,760		5,793,480
				70,061,698
Health Care - 2.1%
MultiPlan Corp.		1,543,940		7,225,639

Diamond Hill Long-Short Fund

Schedule of Investments Sold Short (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 28.4% (continued)	Shares		Fair Value
Health Care - 2.1% (continued)
Penumbra, Inc.		97,510	$	21,659,896
Waters Corp.		48,415		15,027,532
				43,913,067
Industrials - 5.7%
Avis Budget Group, Inc.		94,700		24,934,510
Cintas Corp.		41,049		17,461,834
Robert Half International, Inc.		269,143		30,730,748
United Parcel Service, Inc., Class B		145,420		31,186,773
W.W. Grainger, Inc.		11,550		5,957,375
Wabtec Corp.		96,330		9,264,056
				119,535,296
Information Technology - 4.9%
Badger Meter, Inc.		161,766		16,129,688
Blackbaud, Inc.		122,727		7,347,666
Cisco Systems, Inc.		487,320		27,172,963
Consensus Cloud Solutions, Inc.		66,437		3,994,857
F5, Inc.		47,857		9,999,720
NetScout Systems, Inc.		410,615		13,172,529
Oracle Corp.		89,528		7,406,651
Teradata Corp.		331,795		16,354,176
				101,578,250
Materials - 0.6%
Silgan Holdings, Inc.		267,835		12,382,012
Real Estate - 0.8%
Boston Properties, Inc.		135,945		17,509,716
Utilities - 1.6%
Ormat Technologies, Inc.		417,030		34,125,565
Total Investments Sold Short - 28.4% (Proceeds $558,393,270)			$	590,092,556

Percentages disclosed are based on total net assets of the Fund at March 31, 2022.

Diamond Hill International Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Common Stocks - 96.6%	Shares		Fair Value
Brazil - 1.7%
Hypera SA		118,486	$	964,282
Canada - 7.6%
Aurinia Pharmaceuticals, Inc. (a)		28,574		353,746
BlackBerry Ltd. (a)		68,796		513,218
Fairfax Financial Holdings Ltd.		4,093		2,232,864
Rogers Communications, Inc., Class B		19,979		1,133,808
				4,233,636
China - 6.3%
Alibaba Group Holding Ltd. (a)		80,200		1,094,469
Baidu, Inc., Class A (a)		27,350		482,693
Fu Shou Yuan International Group Ltd.		860,000		631,612
Tencent Holdings Ltd.		28,300		1,304,473
				3,513,247
France - 3.4%
LVMH Moet Hennessy Louis Vuitton SE		354		252,700
Safran SA		7,120		838,328
Ubisoft Entertainment SA (a)(b)		18,254		802,181
				1,893,209
Germany - 1.0%
Fuchs Petrolub SE		19,948		567,110
India - 2.1%
HDFC Bank Ltd. - ADR		18,583		1,139,695
Israel - 3.7%
Check Point Software Technologies Ltd. (a)		14,876		2,056,756
Italy - 1.6%
doValue SpA		105,619		889,379
Japan - 7.2%
Astellas Pharma, Inc.		87,400		1,365,784
Hakuhodo DY Holdings, Inc.		46,700		586,297
Nintendo Co. Ltd. - ADR		24,954		1,569,856

Diamond Hill International Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 96.6% (Continued)	Shares		Fair Value
Japan - 7.2% (Continued)
Shionogi & Co. Ltd.		8,100	$	497,752
				4,019,689
Mexico - 2.2%
Fomento Economico Mexicano SAB de CV		147,233		1,222,371
Netherlands - 2.8%
Exor NV		7,260		551,936
Universal Music Group NV		37,499		1,001,064
				1,553,000
Nigeria - 0.8%
IHS Holding Ltd. (a)		41,905		464,307
Peru - 1.5%
Credicorp Ltd.		4,676		803,664
Poland - 1.9%
Dino Polska SA (a)		13,212		1,066,159
South Korea - 2.8%
Samsung Electronics Co. Ltd.		27,521		1,571,204
Spain - 0.8%
Banco Bilbao Vizcaya Argentaria SA (b)		78,809		450,021
Sweden - 2.1%
Assa Abloy AB, Class B		44,120		1,185,652
Switzerland - 11.3%
Compagnie Financiere Richemont SA, Class A		6,735		853,694
Nestlé SA		7,745		1,006,995
Novartis AG - ADR		19,979		1,753,157
Roche Holdings AG		3,565		1,410,535
Swatch Group AG (The)		4,526		1,283,230
				6,307,611

Diamond Hill International Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Common Stocks - 96.6% (Continued)	Shares		Fair Value
Taiwan Province of China - 1.7%
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR		8,986	$	936,880
United Kingdom - 24.2%
Ashmore Group plc		417,332		1,267,493
Beazley plc		182,289		1,002,283
BT Group plc		734,762		1,751,849
Bunzl plc		27,061		1,049,425
Compass Group plc		55,716		1,198,979
Diageo plc		36,637		1,858,342
GlaxoSmithKline plc		60,772		1,314,883
Howden Joinery Group plc		51,205		513,317
InterContinental Hotels Group plc		9,645		652,317
Tesco plc		339,664		1,229,652
Unilever plc		36,727		1,660,022
				13,498,562
United States - 9.9%
Energy Recovery, Inc. (a)(b)		34,320		691,205
Freeport-McMoRan, Inc.		25,475		1,267,127
Meta Platforms, Inc., Class A (a)		3,317		737,568
Spotify Technology SA (a)		10,173		1,536,326
Walt Disney Co. (The) (a)		9,126		1,251,722
				5,483,948
Total Common Stocks (Cost $53,877,031)			$	53,820,382

Warrants - 0.0% (c)	Shares		Fair Value
Switzerland - 0.0% (c)
Compagnie Financiere Richemont SA (Cost $0)		8,320	$	6,573

Diamond Hill International Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Registered Investment Companies - 4.9%	Shares		Fair Value
State Street Institutional US Government Money Market Fund, Premier Class, 0.25% (d)		1,783,388		1,783,388
State Street Navigator Securities Lending Portfolio I, 0.43% (d)(e)		925,590		925,590
Total Registered Investment Companies (Cost $2,708,978)			$	2,708,978
Total Investment Securities - 101.5% (Cost $56,586,009)			$	56,535,933
Liabilities in Excess of Other Assets - (1.5)%				(810,123	)
Net Assets - 100.0%			$	55,725,810

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $1,261,343.

^(c) Percentage rounds to less than 0.1%.

^(d) The rate shown is the 7-day effective yield as of March 31, 2022.

^(e) This security was purchased using cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $446,846.

AB -	Aktiebolag
ADR -	American Depositary Receipt.
AG -	Aktiengesellschaft
NV -	Naamloze Vennootschap
plc -	Public Limited Company
SA -	Societe Anonyme
SAB de CV-	Societe Anonima Bursatil de Capital Variable
SE -	Societe Europaea
SpA -	Societa per Azioni

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Corporate Credit - 6.2%	Coupon		Maturity	Shares / Par Value		Fair Value
Banking - 3.2%
Bank of America Corp.	1.486	%	05/19/24	$	4,514,000	$	4,448,083
Bank of Nova Scotia	0.400	%	09/15/23		2,200,000		2,137,319
Capital One Financial Corp.	1.343	%	12/06/24		1,700,000		1,649,552
Capital One Financial Corp.	4.250	%	04/30/25		1,417,000		1,455,309
Citigroup, Inc. (a)	2.876	%	07/24/23		2,800,000		2,803,832
Citigroup, Inc.	1.281	%	11/03/25		2,750,000		2,616,922
Discover Financial Services (b)	3.750	%	03/04/25		2,750,000		2,774,071
Eaton Vance Corp.	3.625	%	06/15/23		5,000,000		5,058,085
Fifth Third Bancorp (b)	1.707	%	11/01/27		1,200,000		1,110,384
Goldman Sachs Group, Inc. (b)	1.217	%	12/06/23		1,000,000		975,828
Goldman Sachs Group, Inc.	3.000	%	03/15/24		1,000,000		998,733
Goldman Sachs Group, Inc.	0.925	%	10/21/24		3,000,000		2,907,907
JPMorgan Chase & Co. (SOFR + 60) (a)	0.653	%	09/16/24		350,000		340,329
JPMorgan Chase & Co. (b)	0.768	%	08/09/25		3,000,000		2,843,603
JPMorgan Chase & Co.	1.561	%	12/10/25		2,000,000		1,914,381
JPMorgan Chase & Co. (b)	2.595	%	02/24/26		1,700,000		1,667,231
JPMorgan Chase & Co.	1.470	%	09/22/27		1,600,000		1,474,505
Morgan Stanley (a)	0.791	%	07/22/25		3,800,000		3,647,876
Royal Bank of Canada (b)	0.750	%	10/07/24		2,000,000		1,897,171
Toronto-Dominion Bank (The) (SOFR + 48) (a)(b)	0.760	%	01/27/23		375,000		375,004
Toronto-Dominion Bank (The) (b)	0.700	%	09/10/24		900,000		854,159
Toronto-Dominion Bank (The) (b)	1.250	%	12/13/24		500,000		480,407
Truist Financial Corp. (b)	0.449	%	06/09/25		800,000		794,966
Wells Fargo & Co., Class MTN (SOFR + 160) (a)	1.654	%	06/02/24		1,000,000		987,999
							46,213,656
Brokerage Asset Managers Exchanges - 0.2%
Intercontinental Exchange, Inc. (b)	2.350	%	09/15/22		2,750,000		2,759,487
Capital Goods - 0.1%
Waste Management, Inc. (b)	2.900	%	09/15/22		900,000		902,214
Welbilt, Inc.	9.500	%	02/15/24		100,000		101,861
							1,004,075

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 6.2% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Communications - 0.0% (c)
Twenty-First Century Fox, Inc.	4.030	%	01/25/24	$	450,000	$	459,404
Consumer Cyclical - 0.7%
Daimler Finance, LLC (b)(d)	1.750	%	03/10/23		1,900,000		1,890,790
Ford Motor Credit Co., LLC	5.584	%	03/18/24		250,000		257,132
General Motors Financial Co., Inc.	3.250	%	01/05/23		1,130,000		1,139,600
General Motors Financial Co., Inc.	3.950	%	04/13/24		2,778,000		2,821,104
Honda Motor Co.	2.271	%	03/10/25		900,000		884,682
Toyota Motor Corp. (b)	0.450	%	01/11/24		3,000,000		2,897,319
Toyota Motor Corp. (b)	0.625	%	09/13/24		900,000		855,277
							10,745,904
Consumer Non-Cyclical - 0.5%
AbbVie, Inc.	2.900	%	11/06/22		2,800,000		2,818,092
Baxter International, Inc. (d)	0.868	%	12/01/23		1,800,000		1,742,868
Kroger Co. (The)	4.000	%	02/01/24		2,800,000		2,853,445
Mondelez International, Inc. (d)	0.750	%	09/24/24		300,000		283,223
							7,697,628
Electric - 0.2%
DTE Energy Co. (b)	1.050	%	06/01/25		500,000		467,744
WEC Energy Group, Inc.	0.800	%	03/15/24		2,750,000		2,638,924
							3,106,668
Energy - 0.2%
Devon Energy Corp.	5.250	%	09/15/24		1,000,000		1,045,035
Energy Transfer Operating LP	4.500	%	04/15/24		925,000		946,431
TransCanada Pipeline Ltd.	1.000	%	10/12/24		750,000		712,544
							2,704,010
Insurance - 0.9%
Athene Global Funding (d)	2.500	%	01/14/25		1,450,000		1,407,295
Equitable Financial Life (d)	1.100	%	11/12/24		3,050,000		2,890,773
Met Life Global Funding I (b)(d)	1.950	%	01/13/23		780,000		780,096
Met Life Global Funding I (d)	0.700	%	09/27/24		1,200,000		1,132,432
New York Life Global Funding (b)(d)	0.900	%	10/29/24		800,000		764,554
Principal Life Global Funding II (d)	0.750	%	08/23/24		1,265,000		1,200,245
Protective Life Global Funding (d)	0.473	%	01/12/24		2,945,000		2,813,327

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 6.2% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Insurance - 0.9% (Continued)
Protective Life Global Funding (d)	0.781	%	07/05/24	$	1,700,000	$	1,613,057
							12,601,779
Technology - 0.0% (c)
Dell International, LLC/EMC Corp.	4.000	%	07/15/24		500,000		510,761
Transportation - 0.2%
Alaska Airlines Pass-Through Trust, Series 2020-1B, Class A (d)	4.800	%	08/15/27		441,209		451,152
American Airlines Pass-Through Trust, Series 2016-2, Class AA	3.200	%	12/15/29		1,529,000		1,450,997
United Airlines Pass-Through Trust, Series 2007-1, Class A	6.636	%	01/02/24		65,292		65,275
United Airlines Pass-Through Trust, Series 2020-1, Class A	5.875	%	04/15/29		1,050,085		1,086,928
							3,054,352
Total Corporate Credit (Cost $93,556,280)						$	90,857,724

Securitized - 86.7%	Coupon		Maturity	Shares / Par Value		Fair Value
ABS-Other - 6.8%
BXG Receivables, Series 2018-A, Class C (d)	4.440	%	02/02/34	$	855,022	$	851,846
Cascade Funding Mortgage Trust, Series 2021-GRN1, Class B (d)	1.830	%	03/20/41		3,588,000		3,315,941
Diamond Resorts Owner Trust, Series 2019-1, Class B (d)	3.530	%	02/20/32		384,399		380,606
Diamond Resorts Owner Trust, Series 2021-1A, Class B (d)	2.050	%	11/21/33		1,243,342		1,192,986
Diamond Resorts Owner Trust, Series 2021-1A, Class C (d)	2.700	%	11/21/33		932,507		904,295
FMC GMSR Issuer Trust, Series 2020-GT1, Class A (a)(d)	4.450	%	01/25/26		5,250,000		5,060,385
FMC GMSR Issuer Trust, Series 2021-GT1, Class A (d)	3.620	%	07/25/26		9,000,000		8,433,014

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
ABS-Other - 6.8% (Continued)
FMC GMSR Issuer Trust, Series 2021-GT2, Class A (d)	3.850	%	10/26/26	$	11,500,000	$	10,637,831
Gold Key Resorts, LLC, Series 2014-A, Class A (d)	3.220	%	03/17/31		41,114		41,000
Helios Issuer, LLC, Series 2020-4, Class A (d)	2.980	%	06/20/47		1,684,432		1,520,969
Helios Issuer, LLC, Series 2021-A, Class A (d)	1.800	%	02/20/48		1,167,081		1,086,736
Hero Funding Trust, Series 2016-3B, Class B (d)	5.240	%	09/20/42		70,051		69,715
Hero Funding Trust, Series 2016-4B, Class B (d)	4.990	%	09/20/47		381,988		375,279
Holiday Inn Timeshare Trust, Series 2020-A, Class C (d)	3.420	%	10/09/39		1,324,401		1,290,839
Holiday Inn Timeshare Trust, Series 2020-A, Class D (d)	5.500	%	10/09/39		616,000		605,577
Holiday Inn Timeshare Trust, Series 2020-A, Class E (d)	6.500	%	10/09/39		3,511,202		3,425,192
Loanpal Solar Loan Ltd., Series 2021-1GS, Class A (d)	2.290	%	01/20/48		2,910,542		2,659,428
Loanpal Solar Loan Ltd., Series 2021-2GS, Class A (d)	2.220	%	03/20/48		2,182,158		2,022,477
Mosaic Solar Loans, LLC, Series 2017-2, Class B (d)	4.770	%	06/22/43		490,048		492,487
Mosaic Solar Loans, LLC, Series 2020-1, Class A (d)	2.100	%	04/20/46		1,794,293		1,695,124
Mosaic Solar Loans, LLC, Series 2020-1A, Class B (d)	3.100	%	04/20/46		1,435,435		1,376,521
Mosaic Solar Loans, LLC, Series 2021-1, Class D (d)	3.710	%	12/20/46		855,932		818,629
MVW Own Trust, Series 2021-1WA, Class C (d)	1.940	%	01/22/41		2,536,634		2,402,953
MVW Own Trust, Series 2021-1W, Class D (d)	3.170	%	06/22/41		1,951,257		1,802,126
NRZ Excess Spread Collateralization, Series 2021-GNT1, Class A (d)	3.474	%	11/25/26		11,758,481		11,298,583
OCWEN Master Advance Receivables Trust, Series 2020-T1, Class E-T1 (d)	5.419	%	08/15/52		1,873,684		1,873,745
PNMAC GMSR Issuer Trust, Series 2018-GT1, Class A (1* 1MO LIBOR + 285) (d)	3.307	%	02/25/23		7,000,000		6,969,812

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
ABS-Other - 6.8% (Continued)
PNMAC GMSR Issuer Trust, Series 2018-GT2, Class NT (1* 1MO LIBOR + 265) (d)	3.107	%	08/25/23	$	9,400,000	$	9,307,222
Renew Financial, LLC, Series 2017-1, Class A (d)	3.670	%	09/20/52		1,011,170		987,953
Renew Financial, LLC, Series 2017-1, Class B (d)	5.750	%	09/20/52		458,915		450,794
SPS Servicer Advance Receivables, Series 2020-T1, Class DT1 (d)	2.370	%	11/15/52		466,667		463,251
SPS Servicer Advance Receivables, Series 2020-T2, Class D (d)	3.160	%	11/15/55		3,000,000		2,696,517
TES, LLC, Series 2017-1, Class A (d)	4.330	%	10/20/47		4,260,880		4,198,723
TES, LLC, Series 2017-1, Class B (d)	7.740	%	10/20/47		2,000,000		1,982,818
Westgate Resorts, Series 2020-1, Class B (d)	3.963	%	03/20/34		3,224,503		3,236,695
Westgate Resorts, Series 2020-1A, Class C (d)	6.213	%	03/20/34		3,785,854		3,870,516
							99,798,585
Agency MBS CMO - 1.1%
FHLMC, Series 2979, Class FP (1* 1MO LIBOR + 45) (a)	0.847	%	05/15/35		335,741		337,231
FHLMC, Series 3121, Class FM (1* 1MO LIBOR + 40) (a)	0.797	%	03/15/36		305,486		306,120
FHLMC, Series 4613, Class AF (1* 1MO LIBOR + 110) (a)	1.497	%	11/15/37		604,260		606,074
FHLMC, Series 3925, Class FL (1* 1MO LIBOR + 45) (a)	0.847	%	01/15/41		90,283		90,610
FHLMC, Series 3895, Class BF (1* 1MO LIBOR + 50) (a)	0.897	%	07/15/41		238,447		240,520
FHLMC, Series 4314, Class PF (1* 1MO LIBOR + 40) (a)	0.797	%	07/15/43		118,132		118,240
FHLMC, Series 5171, Class UK	2.000	%	12/25/51		1,661,708		1,609,707
FNMA, Series 2006-56, Class DC (1* 1MO LIBOR + 65) (a)	1.107	%	07/25/36		635,462		640,268
FNMA, Series 2006-108, Class FD (1* 1MO LIBOR + 38) (a)	0.837	%	11/25/36		261,840		262,299
FNMA, Series 2010-136, Class FA (1* 1MO LIBOR + 50) (a)	0.957	%	12/25/40		247,148		249,083
FNMA, Series 2011-86, Class KF (1* 1MO LIBOR + 55) (a)	1.007	%	09/25/41		417,528		421,644

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Agency MBS CMO - 1.1% (Continued)
FNMA, Series 2011-127, Class ZU	3.500	%	12/25/41	$	5,783,917	$	5,769,620
FNMA, Series 2012-9, Class FC (1* 1MO LIBOR + 40) (a)	0.857	%	02/25/42		181,255		181,764
FNMA, Series 2012-33, Class F (1* 1MO LIBOR + 52) (a)	0.977	%	04/25/42		136,833		137,963
FNMA, Series 2013-34, Class GP	3.000	%	05/25/42		2,907,925		2,815,911
FNMA, Series 2017-28, Class LK	4.000	%	03/25/53		1,737,886		1,758,488
GNMA, Series 2012-H29, Class SA (1* 1MO LIBOR + 52) (a)	0.621	%	10/20/62		551,977		550,481
GNMA, Series 2012-H23, Class SA (1* 1MO LIBOR + 53) (a)	0.636	%	10/20/62		610,857		610,172
GNMA, Series 2016-H11, Class FD (1* 12MO LIBOR + 40) (a)	0.681	%	05/20/66		92,716		92,041
GNMA, Series 2017-H11, Class FP (1* 1MO LIBOR + 22) (a)	0.326	%	04/20/67		54,984		54,803
							16,853,039
Agency MBS CMO Derivatives - 0.2%
FHLMC, Series 3946, Class SB (IO) (-1* 1MO LIBOR + 675) (a)	6.353	%	10/15/26		118,356		7,639
FHLMC, Series 237, Class S14 (IO) (-1* 1MO LIBOR + 660) (a)	6.203	%	05/15/36		547,628		107,403
FNMA, Series 2011-75, Class MI (IO)	3.500	%	08/25/26		204,505		6,997
FNMA, Series 2012-148, Class IA (IO)	4.000	%	01/25/28		2,176,468		154,472
FNMA, Series 301, Class I (PO)	0.000	%	04/25/29		219,599		204,333
FNMA, Series 348, Class II (IO)	6.000	%	01/25/34		525,101		100,888
FNMA, Series 2010-44, Class CS (IO) (-1* 1MO LIBOR + 655) (a)	6.093	%	05/25/40		314,987		49,367
FNMA, Series 2011-14, Class PI (IO) (e)	5.000	%	06/25/40		3,548		1
FNMA, Series 3998, Class NS (IO) (-1* 1MO LIBOR + 660) (a)	6.203	%	09/15/40		460,421		4,804
FNMA, Series 2014-45, Class IO (IO)	4.000	%	08/25/44		407,836		48,099
GNMA, Series 2011-145, Class QI (IO)	5.000	%	11/16/41		950,861		142,248
GNMA, Series 2015-16, Class IL (IO)	4.000	%	03/20/42		1,952,752		106,014
GNMA, Series 2014-141, Class IE (IO)	4.000	%	08/20/43		697,301		10,832
GNMA, Series 2010-H01, Class CI (IO) (a)	2.061	%	01/20/60		372,596		42,312

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 0.2% (Continued)
GNMA, Series 2012-H02, Class AI (IO) (a)	1.980	%	01/20/62	$	507,122	$	24,244
GNMA, Series 2013-H13, Class T1 (IO) (a)	0.463	%	05/20/63		25,654,893		195,144
GNMA, Series 2016-H20, Class GI (IO) (a)	0.452	%	08/20/66		21,853,676		260,601
GNMA, Series 2017-H11, Class PI (IO) (a)	3.713	%	04/20/67		297,354		4,168
GNMA, Series 2017-H22, Class ID (IO) (a)	4.297	%	11/20/67		130,421		6,640
GNMA, Series 2018-H08, Class NI (IO) (a)	0.951	%	05/20/68		13,303,263		293,026
GNMA, Series 2019-H04, Class IO (IO) (a)	1.538	%	03/20/69		20,078,774		585,097
							2,354,329
Agency MBS Passthrough - 0.0% (c)
FHLMC, Pool #FG G60257	5.500	%	06/01/41		470,383		518,739
Auto Loan - 7.1%
ACC Auto Trust, Series 2021-A, Class A (d)	1.080	%	04/15/27		1,457,099		1,443,635
ACC Trust, Series 2021-1, Class B (d)	1.430	%	07/22/24		4,750,000		4,710,679
American Credit Acceptance Receivables Trust, Series 2020-3, Class F (d)	5.940	%	06/14/27		6,750,000		6,895,506
American Credit Acceptance Receivables Trust, Series 2020-4, Class F (d)	5.220	%	08/13/27		2,800,000		2,791,590
Arivo Acceptance Auto Loan Receivables Trust, Series 2021-1A, Class A (d)	1.190	%	01/15/27		4,647,052		4,565,030
Arivo Acceptance Auto Loan Receivables Trust, Series 2021-1A, Class B (d)	2.020	%	02/16/27		2,223,000		2,125,403
Avid Automobile Receivables Trust, Series 2019-1, Class E (d)	6.760	%	05/17/27		2,500,000		2,530,378
CarNow Auto Receivables Trust, Series 2021-1A, Class B (d)	1.380	%	02/17/26		1,000,000		989,732
CarNow Auto Receivables Trust, Series 2021-1A, Class C (d)	2.160	%	02/17/26		2,000,000		1,956,452
CarNow Auto Receivables Trust, Series 2021-1A, Class D (d)	3.640	%	02/17/26		2,250,000		2,173,787
CarNow Auto Receivables Trust, Series 2021-1A, Class E (d)	5.120	%	07/15/27		2,500,000		2,416,371
Chase Credit Linked Notes, Series 2020-1, Class D (d)	1.886	%	01/25/28		834,782		830,844

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Auto Loan - 7.1% (Continued)
Chase Credit Linked Notes, Series 2021-3, Class D (d)	1.009	%	02/26/29	$	2,272,369	$	2,203,954
Chase Credit Linked Notes, Series 2021-3, Class E (d)	2.102	%	02/26/29		1,893,641		1,847,232
CIG Auto Receivables Trust, Series 2020-1, Class D (d)	2.350	%	01/12/26		2,400,000		2,362,383
CIG Auto Receivables Trust, Series 2019-1, Class D (d)	4.850	%	05/15/26		2,120,000		2,127,337
CPS Auto Receivables Trust, Series 2018-C, Class D (d)	4.400	%	06/17/24		456,859		459,866
Credit Acceptance Auto Loan Trust, Series 2020-2, Class C (d)	2.730	%	11/15/29		3,000,000		2,955,376
Credit Acceptance Auto Loan Trust, Series 2020-3A, Class C (d)	2.280	%	02/15/30		2,500,000		2,412,507
Credito RL USA, Series 2021-1, Class A (d)	1.350	%	02/16/27		3,905,340		3,834,633
FHF Trust, Series 2020-1, Class A (d)	2.590	%	12/15/23		592,041		592,621
FHF Trust, Series 2020-1, Class B (d)	3.100	%	09/15/25		4,500,000		4,484,576
FHF Trust, Series 2021-1, Class A (d)	1.270	%	03/15/27		1,877,703		1,828,447
First Help Financial, LLC, Series 2021-2A, Class A (d)	0.830	%	12/15/26		5,919,842		5,757,483
First Help Financial, LLC, Series 2021-2A, Class B (d)	1.630	%	09/15/27		6,500,000		6,085,855
Hertz Vehicle Finance, Series 2021-2, Class D (d)	4.340	%	12/25/27		5,000,000		4,496,974
JPMorgan Chase Bank, NA, Series 2021-2, Class E (d)	2.280	%	12/26/28		1,474,785		1,447,427
OneMain Direct Auto Receivables, Series 2019-1, Class D (d)	4.680	%	04/14/31		5,500,000		5,608,975
Santander Consumer Auto Receivables, Series 2020-B, Class D (d)	2.140	%	12/15/26		2,000,000		1,953,807
Tesla Auto Lease Trust, Series 2021-B, Class D (d)	1.320	%	09/22/25		9,500,000		9,006,080
Veros Auto Receivables Trust, Series 2020-1, Class B (d)	2.190	%	06/16/25		1,984,169		1,983,738

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Auto Loan - 7.1% (Continued)
Veros Auto Receivables Trust, Series 2021-1, Class B (d)	1.490	%	10/15/26	$	4,500,000		$	4,328,013
Veros Auto Receivables Trust, Series 2021-1, Class C (d)	3.640	%	08/15/28		5,000,000			4,801,108
								104,007,799
CRE/CLO - 9.9%
A10 Securitization, Series 2021-D, Class D (d)(e)	4.409	%	10/01/38		7,597,500			7,225,222
A10 Securitization, Series 2021-D, Class E (d)(e)	4.753	%	10/01/38		3,600,000			3,423,600
A10 Securitization, Series 2020-C, Class A (d)(e)	2.033	%	08/15/40		584,646			583,895
A10 Securitization, Series 2020-C, Class B (d)(e)	2.617	%	08/15/40		2,100,000			2,011,831
A10 Securitization, Series 2020-C, Class C (d)(e)	3.363	%	08/15/40		2,800,000			2,631,806
A10 Securitization, Series 2020-C, Class D (d)(e)	4.129	%	08/15/40		1,950,000			1,845,115
A10 Securitization, Series 2020-C, Class E (d)(e)	5.465	%	08/15/40		1,050,000			997,081
Acre Mortgage Trust, Series 2021-FL4, Class D (1* 1MO LIBOR + 260) (a)(d)	3.068	%	12/15/37		6,000,000			5,880,330
Acre Mortgage Trust, Series 2021-FL4, Class E (1* 1MO LIBOR + 310) (a)(d)	3.568	%	12/15/37		2,000,000			1,950,130
Arbor Realty Collateralized Loan, Series 2021-FL1, Class A (d)	1.161	%	12/17/35		2,500,000			2,468,817
Arbor Realty Collateralized Loan, Series 2022-FL1, Class D (a)(d)	3.050	%	01/15/37		4,750,000			4,711,487
Bancorp Commercial Mortgage Trust (The), Series 2017-CRE2, Class D (1* 1MO LIBOR + 375) (d)	3.941	%	08/17/32		1,850,632			1,833,128
BDS Ltd., Series 2021-FL8, Class D (d)	2.368	%	01/18/36		2,750,000			2,691,714
BDS Ltd., Series 2021-FL8, Class E (d)	2.718	%	01/18/36		1,750,000			1,708,584
Benefit Street Partners Realty Trust, Inc., Series 2018-FL4, Class D (d)	3.147	%	09/17/35		3,500,000			3,487,127
BXMT Ltd., Series 2020-FL2, Class D (1* 1MO LIBOR + 195) (a)(d)	2.113	%	02/16/37		3,725,000			3,622,864
BXMT Ltd., Series 2020-FL2, Class E (1* 1MO LIBOR + 205) (a)(d)	2.213	%	02/16/37		3,500,000			3,390,597
BXMT Ltd., Series 2021-FL4, Class A (1* 1MO LIBOR + 105) (a)(d)	1.241	%	05/17/38		8,250,000			8,112,093

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
CRE/CLO - 9.9% (Continued)
BXMT Ltd., Series 2021-FL4, Class D (1* 1MO LIBOR + 225) (a)(d)	2.441	%	05/17/38	$	8,250,000	$	8,064,754
HGI CRE, Series 2022-FL3, Class D (d)	0.000	%	04/21/37		3,250,000		3,250,000
LoanCore Issuer Ltd., Series 2019-CRE3, Class D (d)	2.897	%	05/15/36		7,200,000		7,063,574
MF1 Ltd., Series 2020-FL3, Class C (1* 1MO LIBOR + 450) (a)(d)	4.916	%	07/15/35		1,000,000		1,005,034
MF1 Multifamily Housing Mortgage Trust, Series 2020-FL4, Class D (d)	4.285	%	11/15/35		10,500,000		10,574,961
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL5, Class AS (a)(d)	1.385	%	07/15/36		1,000,000		980,588
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL7, Class AS (d)	1.576	%	10/16/36		8,750,000		8,651,685
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL7, Class C (d)	2.481	%	10/16/36		2,000,000		1,967,880
PFP Ltd., Series 2019-5, Class B (1* 1MO LIBOR + 165) (a)(d)	1.776	%	04/16/36		2,150,000		2,134,406
PFP Ltd., Series 2021-7, Class D (1* 1MO LIBOR + 240) (a)(d)	2.526	%	04/14/38		1,749,913		1,717,088
PFP Ltd., Series 2021-7, Class A (d)	1.247	%	04/16/38		4,099,196		4,028,116
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class A (1* 1MO LIBOR + 215) (a)(d)	2.337	%	02/25/35		4,353,288		4,364,729
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class B (1* 1MO LIBOR + 385) (a)(d)	4.037	%	02/25/35		4,000,000		4,009,899
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class C (1* 1MO LIBOR + 475) (a)(d)	4.937	%	02/25/35		4,000,000		4,014,055
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class C (d)	2.000	%	07/25/36		1,800,000		1,758,654
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class B (d)	2.500	%	07/25/36		7,545,000		7,213,518
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class A (d)	3.087	%	07/25/36		4,500,000		4,269,829

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
CRE/CLO - 9.9% (Continued)
ReadyCap Commercial Mortgage Trust, Series 2021-FL7, Class D (d)	3.030	%	11/25/36	$	3,450,000	$	3,371,233
Shelter Growth Capital Partners, LLC, Series 2021-FL3, Class C (d)	2.547	%	09/15/36		3,800,000		3,745,861
TPG RE Finance, Inc., Series 2022-FL5, Class A (d)	1.700	%	02/15/39		4,000,000		3,970,544
							144,731,829
Credit Cards - 7.4%
Brex Commercial Charge Card Master Trust, Series 2021-1, Class A (d)	2.090	%	07/17/24		8,300,000		8,205,590
Brex Commercial Charge Card Master Trust, Series 2022-1, Class A (d)	4.630	%	07/15/25		5,000,000		4,993,570
Continental Credit Card, LLC, Series 2019-1, Class A (d)	3.830	%	08/15/26		9,345,003		9,374,996
Continental Credit Card, LLC, Series 2019-1, Class B (d)	4.950	%	08/15/26		7,450,000		7,485,151
Continental Credit Card, LLC, Series 2019-1, Class C (d)	6.160	%	08/15/26		3,000,000		2,998,902
Continental Credit Card, LLC, Series 2020-A, Class A (d)	2.240	%	12/15/28		3,600,000		3,470,612
Continental Credit Card, LLC, Series 2020-A, Class B (d)	3.660	%	12/15/28		6,800,000		6,542,700
Continental Credit Card, LLC, Series 2021-A, Class B (d)	3.490	%	12/17/29		6,700,000		6,414,021
Continental Credit Card, LLC, Series 2021-A, Class C (d)	4.020	%	12/17/29		6,900,000		6,595,743
Continental Credit Card, LLC, Series 2021-A, Class D (d)	6.010	%	12/17/29		16,210,000		15,497,400
Genesis Private Label Amortization Trust, Series 2020-1, Class D (d)	6.630	%	07/20/26		9,500,000		9,605,026
Genesis Private Label Amortization Trust, Series 2020-1, Class C (d)	4.190	%	07/20/30		1,562,637		1,552,761
Genesis Private Label Amortization Trust, Series 2020-1, Class E (d)	9.760	%	07/20/30		2,625,000		2,626,359

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Credit Cards - 7.4% (Continued)
Genesis Sales Finance Master Trust, Series 2020-AA, Class B (d)	2.240	%	09/22/25	$	2,500,000	$	2,470,866
Genesis Sales Finance Master Trust, Series 2020-AA, Class C (d)	2.990	%	09/22/25		1,000,000		988,798
Genesis Sales Finance Master Trust, Series 2021-AA, Class D (d)	2.090	%	12/21/26		2,350,000		2,249,731
Genesis Sales Finance Master Trust, Series 2021-AA, Class E (d)	3.770	%	12/21/26		6,000,000		5,755,070
Genesis Sales Finance Master Trust, Series 2021-AA, Class F (d)	5.590	%	12/21/26		4,000,000		3,841,011
Mercury Financial Credit Card, Series 2021-1A, Class B (d)	2.330	%	03/20/26		3,700,000		3,597,386
Mercury Financial Credit Card, Series 2021-1A, Class D (d)	6.260	%	03/20/26		4,000,000		3,910,951
							108,176,644
Equipment - 1.9%
Business Jet Securities, LLC, Series 2019-1, Class B (d)	5.193	%	07/15/34		1,709,629		1,618,946
Business Jet Securities, LLC, Series 2019-1, Class C (d)	6.948	%	07/15/34		2,836,282		2,667,882
Business Jet Securities, LLC, Series 2020-1, Class B (d)	3.967	%	11/15/35		951,729		918,152
Business Jet Securities, LLC, Series 2020-1, Class C (d)	7.142	%	11/15/35		1,822,093		1,782,854
Business Jet Securities, LLC, Series 2021-1A, Class B (d)	2.918	%	04/15/36		1,223,650		1,138,508
Business Jet Securities, LLC, Series 2021-1A, Class C (d)	5.067	%	04/15/36		2,195,723		2,067,619
Encina Equipment Finance, Series 2021-1A, Class E (d)	4.360	%	03/15/29		1,340,000		1,307,977
HPEFS Equipment Trust, Series 2021-2A, Class D (d)	1.290	%	03/20/29		3,750,000		3,566,788
Octane Receivables Trust, Series 2019-1, Class A (d)	3.160	%	09/20/23		113,837		113,967

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Equipment - 1.9% (Continued)
Octane Receivables Trust, Series 2020-1, Class C (d)	2.890	%	03/20/26	$	4,750,000	$	4,674,376
Octane Receivables Trust, Series 2021-1A, Class C (d)	2.230	%	11/20/28		1,800,000		1,669,101
Stellar Jay Ireland DAC, Series 2021-1, Class B (d)(e)	5.926	%	03/15/28		7,552,485		7,058,232
							28,584,402
HECM - 3.6%
Boston Lending Trust, Series 2022-1, Class M2 (d)(e)	2.750	%	02/25/62		1,003,972		813,256
Brean ABS Trust, Series 2021-RM2, Class A (d)	1.750	%	10/25/61		9,935,940		9,163,572
Brean ABS Trust, Series 2022-RM3, Class A (d)	1.750	%	02/25/62		1,492,092		1,365,156
Cascade Funding Mortgage Trust, Series 2021-HB7, Class M3 (d)	3.849	%	10/27/31		3,000,000		2,868,967
Finance of America HECM, Series 2022-HB1, Class M3 (a)(d)	5.084	%	11/25/25		1,600,000		1,573,073
Finance of America HECM, Series 2022-HB1, Class M5 (d)	7.870	%	11/25/26		8,000,000		7,869,245
Finance of America HECM, Series 2020-HB2, Class A (a)(d)	1.710	%	07/25/30		4,221,957		4,082,829
RMF Buyout Issuance Trust, Series 2021-HB1, Class M3 (d)	3.690	%	11/25/31		3,000,000		2,831,481
RMF Buyout Issuance Trust, Series 2021-HB1, Class M4 (d)	4.704	%	11/25/31		5,000,000		4,725,213
RMF Buyout Issuance Trust, Series 2020-HB1, Class M2 (d)	3.630	%	10/25/50		1,000,000		942,831
RMF Proprietary Issuance Trust, Series 2021-2, Class A (d)	2.125	%	09/25/61		9,167,594		8,445,302
RMF Proprietary Issuance Trust, Series 2021-2, Class M2 (d)(e)	2.125	%	09/25/61		2,517,310		1,970,848
RMF Proprietary Issuance Trust, Series 2022-1, Class A (a)(d)	3.000	%	01/25/62		1,000,000		956,680
RMF Proprietary Issuance Trust, Series 2022-1, Class M1 (a)(d)(e)	3.000	%	01/25/62		1,600,000		1,416,038

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
HECM - 3.6% (Continued)
RMF Proprietary Issuance Trust, Series 2022-1, Class M2 (a)(d)(e)	3.000	%	01/25/62	$	4,000,000	$	3,277,460
							52,301,951
Hospitality - 4.1%
BHMS Mortgage Trust, Series 2018-ATLS, Class A (1* 1MO LIBOR + 125) (a)(d)	1.647	%	07/16/35		4,700,000		4,651,287
BX Trust, Series 2018-GW, Class C (d)	1.411	%	05/15/37		2,500,000		2,462,274
BX Trust, Series 2018-GW, Class E (1* 1MO LIBOR + 197) (a)(d)	2.161	%	05/15/37		5,000,000		4,874,318
Champlain Housing Mortgage Trust, Series 2017-COSMO, Class B (1* 1MO LIBOR + 140) (a)(d)	1.591	%	11/17/36		3,600,000		3,581,854
Cosmopolitan Hotel Trust, Series 2017-COSMO, Class D (1* 1MO LIBOR + 225) (a)(d)	2.441	%	11/15/36		4,900,000		4,869,393
Cosmopolitan Hotel Trust, Series 2017-COSMO, Class A (1* 1MO LIBOR + 93) (a)(d)	1.121	%	11/17/36		4,000,000		3,984,975
Extended Stay America Trust, Series 2021-ESH, Class F (1* 1MO LIBOR + 370) (a)(d)	4.097	%	07/15/38		6,173,008		6,033,139
Fontainebleau Miami Beach, Series 2019-FBLU, Class C (d)	3.750	%	12/12/36		2,000,000		1,952,576
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class B (1* 1MO LIBOR + 125) (a)(d)	1.647	%	07/16/35		4,573,863		4,504,821
Hawaii Hotel Trust, Series 2019-MAUI, Class A (1* 1MO LIBOR + 115) (a)(d)	1.341	%	05/17/38		2,245,000		2,225,317
Motel 6 Trust, Series 2021-MTL6, Class A (d)	1.297	%	09/15/38		3,784,508		3,729,574
Motel 6 Trust, Series 2021-MTL6, Class E (d)	3.097	%	09/15/38		9,798,512		9,577,609
Motel 6 Trust, Series 2021-MTL6, Class F (d)	3.947	%	09/15/38		5,849,167		5,705,243
Motel 6 Trust, Series 2021-MTL6, Class G (d)	5.097	%	09/15/38		2,523,005		2,478,142
							60,630,522
Industrial - 2.2%
BX Commercial Mortgage, Series 2021-VOLT, Class D (d)	2.047	%	09/15/36		14,500,000		13,977,115

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Industrial - 2.2% (Continued)
BX Commercial Mortgage, Series 2021-VOLT, Class E (d)	2.397	%	09/15/36	$	600,000	$	577,219
BX Commercial Mortgage, Series 2021-VOLT, Class F (a)(d)	2.797	%	09/15/36		3,000,000		2,893,633
Cold Storage Trust, Series 2020-ICE5, Class E (1* 1MO LIBOR + 277) (a)(d)	3.162	%	11/16/37		2,457,476		2,429,837
Credit Suisse First Boston, Series 2020-UNFI, Class A (d)	4.168	%	12/06/22		10,400,000		10,353,744
SMR Mortgage Trust, Series 2022-IND, Class D (d)	4.010	%	02/25/39		1,736,263		1,713,194
							31,944,742
Manufactured Housing - 0.1%
Cascade Funding Mortgage Trust, Series 2019-MH1, Class M (a)(d)	5.985	%	11/25/44		1,100,000		1,088,490
Mixed-Use - 0.3%
20 Times Square Trust, Series 2018-20TS, Class B (a)(d)	3.100	%	05/17/35		4,400,000		4,311,082
Multifamily - 7.4%
BX Commercial Mortgage Trust, Series 2021-MFM1, Class D (1* 1MO LIBOR + 150) (a)(d)	1.691	%	01/15/34		2,000,000		1,905,759
FHLMC, Series 2021-MN1, Class M-1 (1* SOFR30A + 200) (a)(d)	2.099	%	01/25/51		10,956,026		10,589,490
FHLMC, Series 2021-MN3, Class M1 (d)	2.399	%	11/25/51		9,563,640		9,263,523
FNMA, Series 2021-MN2, Class M-1 (d)	1.899	%	07/25/41		11,358,578		10,814,037
Freedom Mortgage Trust, Series 2017-KF39, Class B (1* 1MO LIBOR + 250) (a)(d)	2.741	%	11/25/24		3,844,388		3,820,185
Freedom Mortgage Trust, Series 2018-KF45, Class B (d)	2.057	%	03/25/25		1,817,235		1,767,430
Freedom Mortgage Trust, Series 2018-KF53, Class B (1* 1MO LIBOR + 205) (a)(d)	2.157	%	10/27/25		2,256,550		2,235,256
Freedom Mortgage Trust, Series 2019-KF62, Class B (d)	1.567	%	04/25/26		3,801,194		3,707,053

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Multifamily - 7.4% (Continued)
Freedom Mortgage Trust, Series 2019-KF61, Class B (1* 1MO LIBOR + 220) (a)(d)	2.441	%	03/25/29	$	3,224,213	$	3,195,996
FREMF Mortgage Trust, Series 2018-KF42, Class B (d)	2.307	%	12/25/24		968,352		936,215
FREMF Mortgage Trust, Series 2018-KF44, Class B (1* 1MO LIBOR + 215) (a)(d)	2.257	%	02/25/25		1,494,342		1,481,193
FREMF Mortgage Trust, Series 2018-KF43, Class B (1* 1MO LIBOR + 215) (a)(d)	2.257	%	01/25/28		2,840,763		2,740,140
FREMF Mortgage Trust, Series 2018-KF50, Class B (1* 1MO LIBOR + 190) (a)(d)	2.007	%	07/25/28		2,976,262		2,921,358
FREMF Mortgage Trust, Series 2019-KF57, Class B (1* 1MO LIBOR + 225) (a)(d)	2.491	%	01/25/29		7,190,589		7,055,641
FREMF Mortgage Trust, Series 2019-KF59, Class B (d)	2.591	%	02/25/29		1,527,665		1,500,168
FREMF Mortgage Trust, Series 2019-KF67, Class B (1* 1MO LIBOR + 225) (a)(d)	2.491	%	08/25/29		6,135,548		6,066,614
Multi Family Connecticut Avenue, Series 2019-01, Class M-7 (1* 1MO LIBOR + 170) (a)(d)	2.157	%	10/15/49		3,403,517		3,337,684
Multi Family Connecticut Avenue, Series 2019-01, Class M10 (1* 1MO LIBOR + 325) (a)(d)	3.707	%	10/15/49		6,000,000		5,676,266
Multi Family Connecticut Avenue, Series 2019-01, Class B-10 (1* 1MO LIBOR + 550) (a)(d)	5.957	%	10/15/49		3,000,000		2,820,957
Multi Family Connecticut Avenue, Series 2020-01, Class M-7 (1* 1MO LIBOR + 195) (a)(d)	2.137	%	03/25/50		2,530,607		2,478,678
Multi Family Connecticut Avenue, Series 2020-01, Class M-10 (1* 1MO LIBOR + 375) (a)(d)	3.937	%	03/25/50		20,556,000		19,774,227
Multi Family Connecticut Avenue, Series 2020-01, Class CE (1* 1MO LIBOR + 750) (a)(d)	7.687	%	03/25/50		1,500,000		1,499,989

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Multifamily - 7.4% (Continued)
Multifamily Structured Credit Risk, Series 2021-MN3, Class B1 (d)	6.949	%	11/25/51	$	2,500,000	$	2,410,749
							107,998,608
Non-Agency MBS CMO - 0.4%
Chase Mortgage Finance Corp., Series 2021-CL1, Class M3	1.649	%	02/25/50		2,629,507		2,605,545
J.P. Morgan Wealth Management, Series 2021-CL1, Class M1 (1* SOFR30A + 130) (a)(d)	1.399	%	02/26/71		2,181,149		2,156,735
J.P. Morgan Wealth Management, Series 2021-CL1, Class M3 (1* SOFR30A + 180) (a)(d)	1.899	%	02/26/71		1,646,233		1,602,014
							6,364,294
Non-Performing Loan - 0.1%
Cascade Funding Mortgage Trust, Series 2021-EBO1, Class M3 (d)	3.086	%	11/25/50		1,662,000		1,626,151
Non-QM - 0.3%
Angel Oak Mortgage Trust, Series 2019-1, Class B1 (d)	5.400	%	11/25/48		5,250,000		5,092,056
Citigroup Mortgage Loan Trust, Inc., Series 2004-UST1, Class A3 (a)	2.019	%	08/25/34		5,294		5,372
							5,097,428
Office - 0.3%
Drop Mortgage Trust, Series 2021-FILE, Class C (1* 1MO LIBOR + 225) (a)(d)	2.650	%	04/15/26		4,600,000		4,438,258
Residential Transition Loan - 6.1%
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A1 (d)	3.280	%	03/25/25		6,275,000		6,162,470
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A2 (d)	5.610	%	03/25/25		9,500,000		9,365,476
Antler Mortgage Trust, Series 2021-RTL1, Class M (a)(d)	5.438	%	05/25/25		16,188,000		15,708,809

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Residential Transition Loan - 6.1% (Continued)
Colony American Finance Ltd., Series 2021-RTL1, Class A2 (d)	3.104	%	03/26/29	$	7,500,000	$	7,036,497
LHOME Mortgage Trust, Series 2019-RTL3, Class M (d)	5.682	%	07/25/24		3,500,000		3,452,085
LHOME Mortgage Trust, Series 2021-RTL3, Class A2 (d)	3.228	%	09/25/26		8,250,000		7,845,889
LHOME Mortgage Trust, Series 2021-RTL1, Class M (a)(d)	4.458	%	09/25/26		5,750,000		5,350,871
LHOME Mortgage Trust, Series 2021-RTL3, Class M (d)	5.193	%	09/25/26		5,000,000		4,760,846
LHOME Mortgage Trust, Series 2022-RTL1, Class M (d)	6.900	%	02/25/27		7,250,000		7,176,053
New York Mortgage Trust, Series 2022-BPL1, Class A2 (d)	4.948	%	11/25/27		5,500,000		5,383,832
ROC Securities Trust, Series 2021-RTL1, Class A2 (d)	3.351	%	08/25/26		3,200,000		3,036,568
ROC Securities Trust, Series 2021-RTL1, Class M (d)	5.682	%	08/25/26		6,745,000		6,414,268
Toorak Mortgage Corp., Series 2022-1, Class A2 (d)	4.948	%	03/25/29		8,000,000		7,999,000
							89,692,664
Retail - 3.6%
BB-UBS Trust, Series 2012-SHOW, Class A (d)	3.430	%	11/05/36		5,000,000		4,938,311
BX Trust, Series 2021-VIEW, Class E (d)	3.997	%	06/15/36		5,840,500		5,634,478
BX Trust, Series 2018-EXCL, Class A (1* 1MO LIBOR + 109) (a)(d)	1.485	%	09/15/37		6,830,429		6,753,819
BX Trust, Series 2018-EXCL, Class B (d)	1.516	%	09/15/37		574,726		555,305
BX Trust, Series 2018-EXCL, Class C (d)	2.166	%	09/15/37		11,701,072		11,159,826
Citigroup Commercial Mortgage, Series 2017-MDRB, Class A (1* 1MO LIBOR + 110) (a)(d)	1.497	%	07/15/30		190,335		189,917
Citigroup Commercial Mortgage, Series 2017-MDRB, Class D (1* 1MO LIBOR + 325) (a)(d)	3.647	%	07/15/30		9,650,000		9,614,802
Credit Suisse First Boston, Series 2018-SITE, Class C (a)(d)	4.782	%	04/17/36		4,575,000		4,447,776

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Retail - 3.6% (Continued)
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class C (1* 1MO LIBOR + 180) (a)(d)	2.197	%	02/15/40	$	2,318,006	$	2,265,763
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class D (1* 1MO LIBOR + 250) (a)(d)	2.897	%	02/15/40		1,704,416		1,670,280
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class E (1* 1MO LIBOR + 365) (d)	4.047	%	02/15/40		6,226,800		6,109,875
							53,340,152
Single Family Rental - 2.3%
American Homes 4 Rent, Series 2015-SFR2, Class D (d)	5.036	%	10/18/52		1,171,000		1,185,693
AMSR Trust, Series 2020-SFR2, Class G (d)	4.000	%	07/17/37		500,000		477,610
Colony American Finance Ltd., Series 2020-4, Class B (d)	1.707	%	12/15/52		4,750,000		4,340,035
Home Partners of America Trust, Series 2021-2, Class D (d)	2.652	%	12/17/26		6,455,990		5,902,081
Progress Residential Trust, Series 2021-SFR1, Class B (d)	1.303	%	04/17/38		2,500,000		2,251,700
Progress Residential Trust, Series 2021-SFR1, Class E (d)	2.106	%	04/17/38		1,900,000		1,667,064
Star Trust, Series 2021-SFR1, Class E (1* 1MO LIBOR + 170) (a)(d)	2.142	%	04/17/38		18,300,000		17,680,754
							33,504,937
Small Business - 5.1%
Credibility Asset Securitization, Series 2021-1A, Class A (d)	2.390	%	04/15/26		8,000,000		7,726,195
Credibility Asset Securitization, Series 2021-1A, Class C (d)	3.380	%	04/15/26		1,375,000		1,330,412
Credibility Asset Securitization, Series 2021-1A, Class B (d)	5.930	%	04/15/26		2,676,000		2,607,585
FORA Financial Asset Securitization, Series 2021-1A, Class A (d)	2.620	%	05/15/27		11,000,000		10,584,020
FORA Financial Asset Securitization, Series 2021-1A, Class B (d)	2.970	%	05/15/27		2,600,000		2,487,100
FORA Financial Asset Securitization, Series 2021-1A, Class C (d)	3.850	%	05/15/27		3,000,000		2,871,094

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Small Business - 5.1% (Continued)
Newtek Small Business Loan Trust, Series 2018-1, Class A (1* Prime - 55) (a)(d)	2.950	%	02/25/44	$	950,157	$	946,042
Newtek Small Business Loan Trust, Series 2018-1, Class B (1* Prime + 75) (a)(d)	4.250	%	02/25/44		2,090,346		2,086,825
Newtek Small Business Loan Trust, Series 2019-01, Class A (1* Prime - 90) (a)(d)	2.600	%	12/25/44		2,625,172		2,611,296
OnDeck Asset Securitization Trust, Series 2021-1A, Class B (d)	2.280	%	05/17/27		3,500,000		3,299,110
OnDeck Asset Securitization Trust, Series 2021-1A, Class C (d)	2.970	%	05/17/27		3,250,000		3,066,988
OnDeck Asset Securitization Trust, Series 2021-1A, Class D (d)	4.940	%	05/17/27		5,000,000		4,744,909
Small Business Lending Trust, Series 2019-A, Class C (d)	4.310	%	07/15/26		6,113,449		6,121,697
Small Business Lending Trust, Series 2019-A, Class D (d)	6.300	%	07/15/26		5,000,000		4,981,585
Small Business Lending Trust, Series 2020-A, Class B (d)	3.200	%	12/15/26		7,441,288		7,440,121
Small Business Lending Trust, Series 2020-A, Class C (d)	5.010	%	12/15/26		12,550,000		12,407,042
							75,312,021
Student Loan - 0.9%
College Ave Student Loans, Series 2018-A, Class B (d)	4.750	%	12/26/47		1,073,586		1,067,278
College Ave Student Loans, Series 2018-A, Class C (d)	5.500	%	12/26/47		654,601		646,154
College Ave Student Loans, Series 2019-A, Class C (d)	4.460	%	12/28/48		3,318,292		3,276,993
College Ave Student Loans, Series 2021-A, Class B (d)	2.320	%	07/25/51		2,500,000		2,354,060
College Ave Student Loans, Series 2021-A, Class D (d)	4.120	%	07/25/51		1,250,000		1,192,599
CommonBond Student Loan Trust, Series 2017-BGS, Class C (d)	4.440	%	09/25/42		83,852		84,239

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Student Loan - 0.9% (Continued)
Earnest Student Loan Program, LLC, Series 2016-D, Class R (d)(e)(f)	0.000	%	01/25/41	$	5,000	$	0
Laurel Road Prime Student Loan, Series 2019-A, Class BFX (d)	3.000	%	10/25/48		1,842,378		1,782,326
Prodigy Finance, Series 2021-1A, Class A (d)	1.707	%	07/25/51		2,082,022		2,077,679
							12,481,328
Unsecured Consumer - 15.5%
Avant Loans Funding Trust, Series 2021-REV1, Class C (d)	2.300	%	07/15/30		10,750,000		10,138,592
Consumer Loan Underlying Bond Credit Trust, Series 2019-P1, Class C (d)	4.660	%	07/15/26		8,446,437		8,456,060
Consumer Loan Underlying Bond Credit Trust, Series 2019-HP1, Class B (d)	3.480	%	12/15/26		5,000,000		5,003,698
Freedom Financial, Series 2019-2, Class C (d)	4.860	%	11/18/26		5,310,686		5,313,641
Freedom Financial, Series 2020-FP1, Class B (d)	3.060	%	03/18/27		2,838,336		2,838,168
Freedom Financial, Series 2020-FP1, Class C (d)	4.370	%	03/18/27		3,250,000		3,240,217
Freedom Financial, Series 2020-2CP, Class B (d)	5.500	%	06/18/27		631,316		632,982
Freedom Financial, Series 2020-3FP, Class B (d)	4.180	%	09/20/27		201,647		201,737
Freedom Financial, Series 2020-3FP, Class C (d)	6.960	%	09/20/27		2,500,000		2,534,485
Freedom Financial, Series 2021-1CP, Class B (d)	1.410	%	03/20/28		4,000,000		3,937,584
Freedom Financial, Series 2021-1CP, Class C (d)	2.830	%	03/20/28		4,000,000		3,909,928
Freedom Financial, Series 2021-3FP, Class C (d)	1.600	%	11/20/28		5,300,000		5,078,391
Freedom Mortgage Trust, Series 2020-2CP, Class C (d)	6.000	%	06/18/27		12,585,000		12,681,063
Lendmark Funding Trust, Series 2020-2A, Class C (d)	4.690	%	04/21/31		1,000,000		1,000,394
Liberty Lending Services, Series 2021-1A, Class A (d)	1.070	%	05/15/29		7,030,171		6,842,730
Liberty Lending Services, Series 2021-1A, Class B (d)	2.170	%	05/15/29		3,800,000		3,531,274
Liberty Lending Services, Series 2021-1A, Class C (d)	3.540	%	05/15/29		6,700,000		6,206,666

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Unsecured Consumer - 15.5% (Continued)
LL ABS Trust, Series 2020-1, Class A (d)	2.330	%	07/15/22	$	543,167	$	543,343
LL ABS Trust, Series 2020-1, Class B (d)	3.790	%	03/15/23		8,200,000		8,196,217
LL ABS Trust, Series 2020-1, Class C (d)	6.540	%	11/15/23		4,400,000		4,468,544
LL ABS Trust, Series 2019-1, Class C (d)	5.070	%	03/15/27		5,141,985		5,155,426
Mariner Finance Issuance Trust, Series 2019-A, Class C (d)	4.010	%	07/20/32		2,120,000		2,066,525
Mariner Finance Issuance Trust, Series 2020-A, Class D (d)	5.750	%	08/21/34		8,230,000		7,703,791
Mariner Finance Issuance Trust, Series 2021-AA, Class D (d)	4.340	%	03/20/36		1,850,000		1,695,769
Oportun Funding XIV, LLC, Series 2021-A, Class C (d)	3.440	%	03/08/28		6,950,000		6,737,637
Oportun Funding, LLC, Series 2020-1, Class B (d)	3.450	%	05/15/24		4,500,000		4,495,936
Oportun Funding, LLC, Series 2020-1, Class C (d)	5.660	%	05/15/24		2,500,000		2,500,817
Oportun Funding, LLC, Series 2022-1, Class C (d)	6.000	%	06/15/29		9,000,000		8,970,069
Oportun Funding, LLC, Series 2021-B, Class A (d)	1.470	%	05/08/31		3,500,000		3,304,125
Oportun Funding, LLC, Series 2021-B, Class C (d)	3.650	%	05/08/31		8,350,000		8,123,214
Oportun Funding, LLC, Series 2021-B, Class D (d)	5.410	%	05/08/31		4,160,000		4,007,325
Oportun Funding, LLC, Series 2021-C, Class C (d)	3.610	%	10/08/31		3,750,000		3,576,919
Oportun Funding, LLC, Series 2021-C, Class D (d)	5.570	%	10/08/31		1,750,000		1,672,012
Prosper Marketplace Issuance Trust, Series 2019-3A, Class CERT (a)(d)	0.000	%	07/15/25		81,061,702		799,998
Regional Management Issuance Trust, Series 2020-1, Class A (d)	2.340	%	10/15/30		2,000,000		1,938,544
Regional Management Issuance Trust, Series 2020-1, Class B (d)	3.230	%	10/15/30		2,500,000		2,410,979

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Unsecured Consumer - 15.5% (Continued)
Regional Management Issuance Trust, Series 2021-1, Class B (d)	2.420	%	03/17/31	$	895,000	$	837,161
Regional Management Issuance Trust, Series 2021-1, Class C (d)	3.040	%	03/17/31		4,650,000		4,359,782
Upgrade Master Pass-Thru Trust, Series 2019-ST1, Class A (d)	4.000	%	07/15/25		626,995		625,924
Upgrade Master Pass-Thru Trust, Series 2019-ST3, Class A (d)	3.750	%	11/15/25		451,150		451,813
Upstart Pass Through Trust, Series 2021-ST10, Class A (d)	2.250	%	01/20/30		7,057,462		6,773,731
Upstart Pass-Through Trust, Series 2020-ST5, Class A (d)	3.000	%	12/20/26		1,614,617		1,575,357
Upstart Pass-Through Trust, Series 2020-ST6, Class A (d)	3.000	%	01/20/27		4,355,431		4,263,620
Upstart Pass-Through Trust, Series 2021-ST4, Class A (d)	2.000	%	07/20/27		11,716,265		11,316,418
Upstart Pass-Through Trust, Series 2020-ST1, Class A (d)	3.750	%	02/20/28		1,377,412		1,373,692
Upstart Pass-Through Trust, Series 2020-ST2, Class A (d)	3.500	%	03/20/28		1,374,713		1,368,257
Upstart Pass-Through Trust, Series 2020-ST3, Class A (d)	3.350	%	04/20/28		1,683,351		1,672,974
Upstart Pass-Through Trust, Series 2021-1A, Class C (d)	1.750	%	10/20/29		3,426,406		3,305,391
Upstart Pass-Through Trust, Series 2021-ST9, Class A (d)	1.700	%	11/20/29		4,482,961		4,321,029
Upstart Pass-Through Trust, Series 2022-ST1, Class A (d)	2.600	%	03/20/30		3,885,057		3,789,394
Upstart Securitization Trust, Series 2021-ST1, Class A (d)	2.750	%	02/20/27		1,775,673		1,743,944
Upstart Securitization Trust, Series 2021-ST2, Class A (d)	2.500	%	04/20/27		5,699,250		5,559,630
Upstart Securitization Trust, Series 2019-2, Class B (d)	3.734	%	09/20/29		1,466,187		1,467,866

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 86.7% (Continued)	Coupon		Maturity	Shares / Par Value		Fair Value
Unsecured Consumer - 15.5% (Continued)
Upstart Securitization Trust, Series 2019-2, Class C (d)	4.783	%	09/20/29	$	5,587,000	$	5,607,609
Upstart Securitization Trust, Series 2019-3, Class B (d)	3.829	%	01/21/30		2,089,767		2,091,998
Upstart Securitization Trust, Series 2021-1, Class B (d)	1.890	%	03/20/31		1,850,000		1,801,121
Upstart Securitization Trust, Series 2021-1, Class C (d)	4.060	%	03/20/31		1,000,000		947,096
Upstart Securitization Trust, Series 2021-2, Class B (d)	1.750	%	06/20/31		3,250,000		3,089,058
							228,257,665
Total Securitized (Cost $1,306,747,750)						$	1,273,415,659

Treasury - 5.0%	Coupon		Maturity	Shares / Par Value		Fair Value
U.S. Treasury Notes	0.125	%	10/15/23	$	10,000,000	$	9,691,797
U.S. Treasury Notes (b)	2.750	%	11/15/23		10,000,000		10,083,594
U.S. Treasury Notes	2.625	%	12/31/23		10,000,000		10,063,672
U.S. Treasury Notes	1.750	%	06/30/24		15,000,000		14,783,203
U.S. Treasury Notes	0.375	%	09/15/24		10,000,000		9,500,391
U.S. Treasury Notes (b)	0.625	%	10/15/24		10,000,000		9,545,703
U.S. Treasury Notes	0.750	%	11/15/24		10,000,000		9,558,203
Total Treasury (Cost $75,856,484)						$	73,226,563

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Registered Investment Companies - 3.2%	Shares		Fair Value
State Street Institutional Liquid Reserves Fund - Premier Class, 0.27%(g)(h)		22,633,970	$	22,629,444
State Street Navigator Securities Lending Portfolio I, 0.43%(g)(h)		24,473,333		24,473,333
Total Registered Investment Companies (Cost $47,073,924)			$	47,102,777
Total Investment Securities - 101.1% (Cost $1,523,234,438)			$	1,484,602,723
Liabilities in Excess of Other Assets - (1.1)%				(15,933,701	)
Net Assets - 100.0%			$	1,468,669,022

(a)	Variable rate security.  The rate shown is the effective interest rate as of March 31, 2022.  The benchmark on which the rate is calculated is shown parenthetically, if applicable.  Certain variable rate securities are not based on a published rate and spread but are determined by the issuer or agent and may be based on index changes, prerepayment of underlying positions and/or other variables.  These securities do not indicate a reference rate and spread in their description above.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $23,816,940.
(c)	Percentage rounds to less than 0.1%.
(d)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund’s Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. The total fair value of these securities as of 3/31/2022 was $1,268,048,447, representing 86.3% of net assets.
(e)	Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of March 31, 2022 was $33,254,385, representing 2.3% of net assets.
(f)	Security is fair valued under procedures established by the Board of Trustees. This security has received its final distribution and is valued at $0, which represents 0.0% of net assets.
(g)	The rate shown is the 7-day effective yield as of March 31, 2022.
(h)	This security was purchased using cash collateral held from securities on loan.

IO -	Interest Only
LIBOR -	London Interbank Offered Rate
NA -	National Association
PO -	Principal Only
SOFR -	Secured Overnight Financing Rate

Diamond Hill Core Bond Fund

Schedule of Investments

March 31, 2022 (Unaudited)

Corporate Credit - 17.1%	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 6.1%
Bank of America Corp. (3MO LIBOR + 102) (a)		2.881	%		04/24/23	$	100,000	$	100,028
Bank of America Corp.		1.486	%		05/19/24		830,000		817,880
Bank of America Corp. (3MO LIBOR + 97) (a)		3.458	%		03/15/25		425,000		427,564
Bank of America Corp. (b)		3.875	%		08/01/25		300,000		308,428
Bank of America Corp. (3MO LIBOR + 64) (a)(b)		2.015	%		02/13/26		400,000		385,020
Bank of America Corp. (SOFR + 115) (a)		1.319	%		06/19/26		150,000		140,576
Bank of America Corp. (SOFR + 91) (a)		1.658	%		03/11/27		250,000		233,043
Bank of America Corp. (3MO LIBOR + 158) (a)		3.824	%		01/20/28		100,000		101,154
Bank of America Corp. (SOFR + 215) (a)		2.592	%		04/29/31		450,000		415,155
Bank of Montreal France (b)		0.949	%		01/22/27		630,000		580,216
Bank of NY Mellon Corp.		2.050	%		01/26/27		650,000		626,261
Canadian Imperial Bank of Commerce (3MO LIBOR + 79) (a)		2.606	%		07/22/23		100,000		100,016
Capital One Financial Corp.		3.750	%		07/28/26		100,000		100,490
Capital One Financial Corp.		1.878	%		11/02/27		775,000		715,091
Citigroup, Inc (SOFR + 167) (a)		1.678	%		05/15/24		500,000		495,897
Citigroup, Inc. (3MO LIBOR + 90) (a)		3.352	%		04/24/25		200,000		200,476
Citigroup, Inc. (b)		3.300	%		04/27/25		100,000		100,687
Citigroup, Inc. (3MO LIBOR + 125) (a)		1.464	%		07/01/26		100,000		100,981
Citigroup, Inc. (3MO LIBOR + 156) (a)		3.887	%		01/10/28		500,000		505,625
Citigroup, Inc.		3.070	%		02/24/28		800,000		779,167
Citigroup, Inc.		4.125	%		07/25/28		150,000		152,270
Citigroup, Inc. (SOFR + 142) (a)		2.976	%		11/05/30		180,000		170,732
Citizens Financial Group (b)		2.850	%		07/27/26		225,000		221,397
Comerica Bank, Series BKNT (b)		2.500	%		07/23/24		250,000		247,078
Cooperative Rabobank UA (c)		2.625	%		07/22/24		250,000		247,975
Discover Bank		4.650	%		09/13/28		700,000		727,927
Discover Bank		2.700	%		02/06/30		250,000		228,824
Discover Financial Services (b)		4.100	%		02/09/27		100,000		101,964
Eaton Vance Corp.		3.625	%		06/15/23		478,000		483,553
Fifth Third Bancorp		2.375	%		01/28/25		275,000		268,749
Fifth Third Bancorp		1.707	%		11/01/27		450,000		416,394
First Horizon Bank		5.750	%		05/01/30		250,000		282,642
Goldman Sachs Group, Inc.		0.657	%		09/10/24		375,000		362,694
Goldman Sachs Group, Inc.		3.500	%		01/23/25		405,000		408,397

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 6.1% (Continued)
Goldman Sachs Group, Inc.		3.500	%		04/01/25	$	250,000	$	251,865
Goldman Sachs Group, Inc.		3.500	%		11/16/26		350,000		351,455
Goldman Sachs Group, Inc. (SOFR + 79) (a)		1.093	%		12/09/26		250,000		228,909
Goldman Sachs Group, Inc.		3.800	%		03/15/30		500,000		503,322
Goldman Sachs Group, Inc. (SOFR + 128) (a)		2.615	%		04/22/32		800,000		727,089
Huntington Bancshares, Inc.		2.625	%		08/06/24		125,000		123,856
JPMorgan Chase & Co. (SOFR + 60) (a)		0.653	%		09/16/24		150,000		145,855
JPMorgan Chase & Co. (3MO LIBOR + 100) (a)		4.023	%		12/05/24		550,000		558,805
JPMorgan Chase & Co. (b)		2.595	%		02/24/26		200,000		196,145
JPMorgan Chase & Co. (SOFR + 80) (a)		1.045	%		11/19/26		500,000		461,637
JPMorgan Chase & Co. (SOFR + 89) (a)		1.578	%		04/22/27		400,000		372,551
JPMorgan Chase & Co.		1.470	%		09/22/27		400,000		368,626
JPMorgan Chase & Co. (3MO LIBOR + 134) (a)		3.782	%		02/01/28		100,000		101,280
JPMorgan Chase & Co. (3MO LIBOR + 95) (a)		3.509	%		01/23/29		100,000		99,538
JPMorgan Chase & Co. (SOFR + 151) (a)		2.739	%		10/15/30		100,000		94,492
JPMorgan Chase & Co. (SOFR + 204) (a)(b)		2.522	%		04/22/31		750,000		695,264
KeyBank NA (SOFR + 34) (a)		0.423	%		01/03/24		500,000		492,645
KeyCorp		2.550	%		10/01/29		385,000		364,024
Morgan Stanley (SOFR + 46) (a)		0.529	%		01/25/24		500,000		491,865
Morgan Stanley (3MO LIBOR + 85) (a)		3.737	%		04/24/24		100,000		100,990
Morgan Stanley (b)		3.700	%		10/23/24		100,000		101,795
Morgan Stanley		3.875	%		01/27/26		500,000		509,511
Morgan Stanley		3.125	%		07/27/26		100,000		99,137
Morgan Stanley		3.625	%		01/20/27		100,000		100,860
Morgan Stanley, Series GMTN (SOFR + 114) (a)		2.699	%		01/22/31		175,000		164,214
Morgan Stanley (SOFR + 103) (a)(b)		1.794	%		02/13/32		500,000		429,963
PNC Bank NA		2.700	%		10/22/29		250,000		240,032
PNC Financial Services Group, Inc. (b)		2.600	%		07/23/26		250,000		246,282
Regions Financial Corp. (b)		2.250	%		05/18/25		275,000		267,622
Royal Bank of Canada (b)		1.150	%		06/10/25		365,000		344,465
Royal Bank of Canada		1.150	%		07/14/26		200,000		183,331
State Street Corp. (SOFR + 94) (a)		2.354	%		11/01/25		175,000		172,492
Toronto-Dominion Bank (The)		0.750	%		01/06/26		350,000		320,599
Toronto-Dominion Bank (The)		1.200	%		06/03/26		200,000		184,467
Truist Financial Corp. (b)		2.150	%		12/06/24		250,000		246,014

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 6.1% (Continued)
Truist Financial Corp. (SOFR + 61) (a)		1.267	%		03/02/27	$	600,000	$	555,615
Truist Financial Corp. (b)		1.887	%		06/07/29		500,000		454,464
US Bancorp (b)		2.400	%		07/30/24		350,000		347,697
US Bancorp		2.215	%		01/27/28		800,000		764,116
Wells Fargo & Co.		3.550	%		09/29/25		925,000		936,972
Wells Fargo & Co. (SOFR + 200) (a)		2.188	%		04/30/26		275,000		265,277
Wells Fargo & Co. (SOFR + 210) (a)		2.393	%		06/02/28		250,000		236,400
Wells Fargo & Co. (b)		3.350	%		03/02/33		250,000		242,961
									25,698,850
Basic Industry - 0.3%
FMC Corp.		3.450	%		10/01/29		300,000		294,682
Nucor Corp., CV		2.000	%		06/01/25		250,000		241,996
PPG Industries, Inc. (b)		2.400	%		08/15/24		110,000		108,423
PPG Industries, Inc.		2.550	%		06/15/30		300,000		281,327
Sherwin-Williams Co.		2.300	%		05/15/30		250,000		228,593
									1,155,021
Brokerage Asset Managers Exchanges - 0.3%
Ameriprise Financial, Inc. (b)		3.000	%		04/02/25		250,000		249,041
CBOE Holdings, Inc.		3.650	%		01/12/27		100,000		101,755
Charles Schwab Corp. (The)		0.900	%		03/11/26		500,000		462,259
International Exchange, Inc.		0.700	%		06/15/23		275,000		270,918
									1,083,973
Capital Goods - 0.4%
Carrier Global Corp. (b)		2.700	%		02/15/31		250,000		233,288
General Electric Capital Corp.		6.750	%		03/15/32		162,000		204,079
Johnson Controls International (b)		2.000	%		09/16/31		500,000		438,902
L3 Harris Technologies, Inc.		3.850	%		12/15/26		50,000		50,974
Lennox International, Inc.		3.000	%		11/15/23		100,000		100,111
Republic Services, Inc. (b)		2.500	%		08/15/24		200,000		197,874
Waste Management, Inc.		1.150	%		03/15/28		300,000		268,111
									1,493,339
Communications - 1.4%
American Tower Corp. (b)		1.450	%		09/15/26		300,000		273,719
American Tower Corp.		3.800	%		08/15/29		100,000		99,513
American Tower Corp.		2.100	%		06/15/30		100,000		87,211

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Communications - 1.4% (Continued)
AT&T, Inc.		2.300	%		06/01/27	$	650,000	$	619,302
AT&T, Inc.		2.550	%		12/01/33		114,000		101,283
AT&T, Inc.		4.500	%		05/15/35		100,000		105,935
British Telecommunications plc (b)(c)		3.250	%		11/08/29		275,000		260,586
Comcast Corp.		3.950	%		10/15/25		750,000		774,534
Comcast Corp. (b)		2.650	%		02/01/30		100,000		95,989
Comcast Corp. (b)		1.950	%		01/15/31		250,000		225,521
Comcast Corp.		3.969	%		11/01/47		144,000		146,291
Deutsche Telekom International Finance BV (c)		4.750	%		06/21/38		100,000		107,820
Magallanes Inc. (c)		4.054	%		03/15/29		300,000		301,488
Twenty-First Century Fox, Inc.		4.030	%		01/25/24		50,000		51,045
Verizon Communications, Inc. (3MO LIBOR + 110) (a)(b)		1.606	%		05/15/25		100,000		101,273
Verizon Communications, Inc.		4.125	%		03/16/27		100,000		103,944
Verizon Communications, Inc. (b)		3.000	%		03/22/27		120,000		118,598
Verizon Communications, Inc.		1.750	%		01/20/31		500,000		435,935
Verizon Communications, Inc. (c)		2.355	%		03/15/32		1,237,000		1,117,277
Verizon Communications, Inc.		2.987	%		10/30/56		143,000		117,701
Walt Disney Co. (The)		1.750	%		08/30/24		175,000		171,851
Walt Disney Co. (The) (b)		2.000	%		09/01/29		550,000		508,482
Walt Disney Co. (The) (b)		3.800	%		03/22/30		100,000		103,925
									6,029,223
Consumer Cyclical - 1.1%
BMW US Capital, LLC (b)(c)		3.900	%		04/09/25		300,000		306,086
CVS Health Corp.		3.750	%		04/01/30		500,000		508,745
CVS Health Corp.		5.050	%		03/25/48		250,000		283,123
Daimler Finance, LLC (c)		1.750	%		03/10/23		275,000		273,667
Expedia Group, Inc. (b)		4.625	%		08/01/27		300,000		311,624
Ford Motor Co.		4.346	%		12/08/26		100,000		100,608
General Motors Financial Co., Inc.		4.300	%		07/13/25		700,000		710,431
General Motors Financial Co., Inc. (b)		4.000	%		10/06/26		100,000		100,309
Honda Motor Co.		2.534	%		03/10/27		200,000		193,595
Lowes Cos., Inc.		1.700	%		09/15/28		450,000		407,265
Lowes Cos., Inc. (b)		2.625	%		04/01/31		300,000		281,194

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Consumer Cyclical - 1.1% (Continued)
Ross Stores Inc		1.875	%		04/15/31	$	400,000	$	347,766
Toyota Motor Credit Corp. (b)		0.500	%		06/18/24		500,000		477,263
Toyota Motor Credit Corp.		0.800	%		01/09/26		300,000		277,528
Walgreens Boots Alliance, Inc. (b)		3.200	%		04/15/30		250,000		243,721
									4,822,925
Consumer Non-Cyclical - 1.2%
Abbott Laboratories (b)		4.750	%		11/30/36		100,000		116,207
AbbVie, Inc.		2.950	%		11/21/26		335,000		331,851
AbbVie, Inc.		4.550	%		03/15/35		100,000		107,351
Amgen, Inc. (b)		1.900	%		02/21/25		310,000		301,338
Amgen, Inc. (b)		3.000	%		02/22/29		500,000		490,835
Anheuser-Busch Cos., LLC		4.700	%		02/01/36		800,000		858,013
Anheuser-Busch InBev SA/NV		4.750	%		01/23/29		100,000		108,418
Anheuser-Busch InBev SA/NV (b)		3.500	%		06/01/30		300,000		304,299
Baxter International, Inc. (c)		1.915	%		02/01/27		300,000		280,344
Bristol-Myers Squibb Co.		2.950	%		03/15/32		300,000		293,468
Kroger Co. (The)		2.650	%		10/15/26		100,000		97,486
Kroger Co. (The)		2.200	%		05/01/30		125,000		114,115
Kroger Co. (The)		1.700	%		01/15/31		550,000		477,139
Laboratory Corp. of American Holdings		1.550	%		06/01/26		375,000		349,174
Mondelez International, Inc. (b)(c)		1.250	%		09/24/26		300,000		275,247
Mondelez International, Inc.		3.000	%		03/17/32		300,000		289,524
Zoetics, Inc., Series 4006		2.000	%		05/15/30		525,000		470,772
									5,265,581
Electric - 1.4%
Ameren Corp.		2.500	%		09/15/24		130,000		128,250
American Electric Power, Inc. (b)		1.000	%		11/01/25		500,000		462,724
CMS Energy Corp.		2.950	%		02/15/27		100,000		96,911
Dominion Energy, Inc. (b)		1.450	%		04/15/26		750,000		697,345
DTE Energy Co., Series C		2.529	%		10/01/24		150,000		147,493
DTE Energy Co., Series E (b)		2.850	%		10/01/26		100,000		97,749
DTE Energy Co., Series H		2.950	%		03/01/30		125,000		118,978
Duke Energy Indiana, LLC		2.750	%		04/01/50		370,000		311,596
Duke Energy Progress, Inc. (b)		2.000	%		08/15/31		600,000		536,871
Georgia Power Co., Series 2020-A		2.100	%		07/30/23		230,000		228,652

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Electric - 1.4% (Continued)
MidAmerican Energy Co.		3.650	%		04/15/29	$	350,000	$	359,748
Northern States Power Co. of Wisconsin (b)		2.250	%		04/01/31		500,000		460,635
Oncor Electric Delivery Co., LLC		3.750	%		04/01/45		490,000		484,597
PECO Energy Co.		3.000	%		09/15/49		200,000		179,819
PPL Electric Utilities Corp.		3.000	%		10/01/49		160,000		140,541
Public Service Electric & Gas Co.		2.250	%		09/15/26		100,000		95,692
Southwestern Electric Power Co.		2.750	%		10/01/26		100,000		97,584
WEC Energy Group, Inc.		0.800	%		03/15/24		700,000		671,726
Wisconsin Power & Light Co. (b)		1.950	%		09/16/31		800,000		710,985
									6,027,896
Energy - 0.6%
BP Capital Markets plc		3.194	%		04/06/25		175,000		176,258
Coterra Energy, Inc. (c)		3.900	%		05/15/27		100,000		100,728
Diamondback Energy, Inc.		3.250	%		12/01/26		200,000		199,703
Energy Transfer Operating LP		4.500	%		04/15/24		75,000		76,738
Exxon Mobil Corp.		2.992	%		03/19/25		240,000		241,073
Helmerich & Payne, Inc. (c)		2.900	%		09/29/31		650,000		594,360
Phillips 66 Partners LP		3.700	%		04/06/23		250,000		253,476
Phillips 66 Partners LP		2.450	%		12/15/24		100,000		98,271
Phillips 66 Partners LP		3.550	%		10/01/26		100,000		99,933
Royal Dutch Shell plc		2.375	%		11/07/29		320,000		303,098
Shell International Finance BV		6.375	%		12/15/38		73,000		96,541
Suncor Energy, Inc.		2.800	%		05/15/23		300,000		300,443
Total Capital International SA		2.829	%		01/10/30		120,000		117,216
									2,657,838
Insurance - 1.7%
Athene Global Funding (c)		2.500	%		01/14/25		225,000		218,373
Berkshire Hathaway Financial Corp.		4.400	%		05/15/42		135,000		145,399
Equitable Financial Life (c)		1.800	%		03/08/28		609,000		547,747
Lincoln National Corp.		3.625	%		12/12/26		100,000		101,565
MassMutual Global Funding (c)		1.200	%		07/16/26		400,000		369,269
MassMutual Global Funding (c)		2.150	%		03/09/31		500,000		451,357
Met Life Global Funding I (b)(c)		1.550	%		01/07/31		900,000		777,624
New York Life Global Funding (c)		2.900	%		01/17/24		100,000		100,181
New York Life Global Funding (c)		2.350	%		07/14/26		50,000		48,523

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Insurance - 1.7% (Continued)
New York Life Global Funding (b)(c)		1.200	%		08/07/30	$	1,250,000	$	1,047,389
Pacific Life Global Fund II (c)		1.450	%		01/20/28		500,000		440,977
Pricoa Global Funding (c)		3.450	%		09/01/23		160,000		161,912
Principal Life Global Funding II (c)		1.250	%		06/23/25		525,000		492,189
Principal Life Global Funding II (c)		0.875	%		01/12/26		500,000		456,345
Progressive Corp.		3.200	%		03/26/30		240,000		237,863
Protective Life Global Funding (c)		1.900	%		07/05/28		650,000		585,052
Protective Life Global Funding (c)		1.737	%		09/21/30		1,100,000		956,584
									7,138,349
Natural Gas - 0.1%
Atmos Energy Corp. (b)		2.625	%		09/15/29		310,000		295,102
Other Utility - 0.2%
American Water Capital Corp.		2.800	%		05/01/30		300,000		287,399
American Water Capital Corp. (b)		2.300	%		06/01/31		825,000		752,425
									1,039,824
REITS - 1.0%
Alexandria Real Estate Equities, Inc. (b)		3.950	%		01/15/28		100,000		102,107
American Campus Communities, Inc.		3.750	%		04/15/23		309,000		312,105
American Campus Communities, Inc.		3.625	%		11/15/27		100,000		99,141
American Homes 4 Rent		4.250	%		02/15/28		100,000		101,495
Boston Properties LP		2.750	%		10/01/26		50,000		48,667
CubeSmart LP		3.125	%		09/01/26		50,000		49,499
CubeSmart LP		2.250	%		12/15/28		500,000		454,038
CubeSmart LP		3.000	%	��	02/15/30		280,000		267,937
CubeSmart LP		2.000	%		02/15/31		200,000		174,004
ERP Operating LP (b)		2.850	%		11/01/26		100,000		98,003
ERP Operating LP (b)		2.500	%		02/15/30		150,000		141,342
Life Storage LP		3.875	%		12/15/27		100,000		101,132
Public Storage (b)		1.850	%		05/01/28		800,000		735,573
Realty Income Corp.		3.875	%		04/15/25		100,000		101,567
Realty Income Corp.		0.750	%		03/15/26		625,000		565,044
Realty Income Corp. (b)		3.000	%		01/15/27		100,000		98,462
Spirit Realty LP		4.450	%		09/15/26		100,000		103,023
Spirit Realty LP		2.100	%		03/15/28		250,000		226,341

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
REITS - 1.0% (Continued)
Spirit Realty LP		4.000	%		07/15/29	$	60,000	$	60,634
Spirit Realty LP		3.200	%		02/15/31		250,000		238,598
									4,078,712
Technology - 0.5%
Apple, Inc. (b)		2.200	%		09/11/29		250,000		238,265
Apple, Inc.		1.650	%		05/11/30		300,000		271,915
Dell International, LLC/EMC Corp.		5.300	%		10/01/29		100,000		108,925
Fidelity National Information Services (b)		1.650	%		03/01/28		300,000		268,425
HP, Inc.		4.000	%		04/15/29		300,000		298,880
Oracle Corp.		2.800	%		04/01/27		300,000		287,134
Oracle Corp.		2.300	%		03/25/28		300,000		274,012
Oracle Corp. (b)		3.250	%		05/15/30		500,000		473,881
									2,221,437
Transportation - 0.8%
Alaska Airlines Pass-Through Trust, Series 2020-1B, Class A (c)		4.800	%		08/15/27		132,363		135,346
American Airlines Pass-Through Trust, Series 2016-2, Class AA		3.200	%		12/15/29		344,025		326,474
CSX Corp.		4.250	%		11/01/66		100,000		103,944
FedEx Corp.		2.400	%		05/15/31		500,000		456,400
FedEx Corp., CV		1.875	%		02/20/34		482,890		439,714
Kirby Corp.		4.200	%		03/01/28		100,000		98,576
Norfolk Southern Corp. (b)		3.000	%		03/15/32		600,000		584,698
Ryder System, Inc.		2.850	%		03/01/27		500,000		484,837
Southwest Airlines Co. (b)		3.000	%		11/15/26		100,000		97,854
U.S. Airways Pass-Through Trust, Series 2011-1, Class A		7.125	%		04/22/25		28,083		28,646
United Airlines Pass-Through Trust, Series 2007-1, Class A		6.636	%		01/02/24		17,807		17,802
United Airlines Pass-Through Trust, Series 2020-1, Class B		4.875	%		07/15/27		432,000		426,361

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Transportation - 0.8% (Continued)
United Airlines Pass-Through Trust, Series 2020-1, Class A		5.875	%		04/15/29	$	262,521	$	271,732
									3,472,384
Total Corporate Credit (Cost $76,766,678)								$	72,480,454

Government Related - 0.2%	Coupon			Maturity		Shares / Par Value		Fair Value
Government Owned, No Guarantee - 0.2%
Tennessee Valley Authority (Cost $769,314)		4.625	%		09/15/60	$	525,000	$	690,690

Securitized - 59.7%	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 4.1%
BXG Receivables, Series 2018-A, Class C (c)		4.440	%		02/02/34	$	278,160	$	277,127
Cascade Funding Mortgage Trust, Series 2021-GRN1, Class B (c)		1.830	%		03/20/41		1,000,000		924,175
Diamond Resorts Owner Trust, Series 2019-1, Class B (c)		3.530	%		02/20/32		92,256		91,346
Diamond Resorts Owner Trust, Series 2021-1A, Class B (c)		2.050	%		11/21/33		466,253		447,370
Diamond Resorts Owner Trust, Series 2021-1A, Class C (c)		2.700	%		11/21/33		279,752		271,288
FMC GMSR Issuer Trust, Series 2020-GT1, Class A (a)(c)		4.450	%		01/25/26		1,250,000		1,204,854
FMC GMSR Issuer Trust, Series 2021-GT1, Class A (c)		3.620	%		07/25/26		1,250,000		1,171,252
FMC GMSR Issuer Trust, Series 2021-GT2, Class A (c)		3.850	%		10/26/26		1,000,000		925,029
Gold Key Resorts, LLC, Series 2014-A, Class A (c)		3.220	%		03/17/31		12,334		12,300
GoodGreen Trust, Series 2017-1A, Class A (c)		3.740	%		10/15/52		59,968		58,929
GoodGreen Trust, Series 2020-1A, Class A (c)		2.630	%		04/15/55		346,352		325,503
Helios Issuer, LLC, Series 2019-AA, Class A (c)		3.750	%		06/20/46		101,082		99,835
Helios Issuer, LLC, Series 2020-4, Class A (c)		2.980	%		06/20/47		240,633		217,281
Helios Issuer, LLC, Series 2021-A, Class A (c)		1.800	%		02/20/48		561,097		522,469

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 4.1% (Continued)
Hero Funding Trust, Series 2016-2A, Class A (c)		3.750	%		09/20/41	$	112,442	$	111,978
Hero Funding Trust, Series 2016-3A, Class A1 (c)		3.080	%		09/20/42		172,355		170,151
Hero Funding Trust, Series 2016-3B, Class B (c)		5.240	%		09/20/42		11,818		11,761
Hero Funding Trust, Series 2016-4A, Class A1 (c)		3.570	%		09/20/47		160,528		159,105
Hero Funding Trust, Series 2016-4B, Class B (c)		4.990	%		09/20/47		76,398		75,056
Hero Funding Trust, Series 2017-3A, Class A1 (c)		3.190	%		09/20/48		142,378		140,027
Hero Funding Trust, Series 2018-1A, Class A2 (c)		4.670	%		09/20/48		55,356		55,897
Holiday Inn Timeshare Trust, Series 2020-A, Class C (c)		3.420	%		10/09/39		446,600		435,283
Loanpal Solar Loan Ltd., Series 2020-3GS, Class B (c)		3.450	%		12/20/47		593,396		562,553
Loanpal Solar Loan Ltd., Series 2021-1GS, Class A (c)		2.290	%		01/20/48		574,449		524,887
Loanpal Solar Loan Ltd., Series 2021-1GS, Class B (c)		2.840	%		01/20/48		924,304		842,041
Loanpal Solar Loan Ltd., Series 2021-2GS, Class A (c)		2.220	%		03/20/48		839,292		777,876
Mill City Solar Loan Ltd., Series 2019-2GS, Class A (c)		3.690	%		07/20/43		144,797		143,777
Mosaic Solar Loans, LLC, Series 2018-1, Class A (c)		4.010	%		06/22/43		82,699		82,721
Mosaic Solar Loans, LLC, Series 2017-2, Class B (c)		4.770	%		06/22/43		49,005		49,249
Mosaic Solar Loans, LLC, Series 2020-1, Class A (c)		2.100	%		04/20/46		322,973		305,122
MVW Own Trust, Series 2021-1WA, Class C (c)		1.940	%		01/22/41		507,327		480,591
NRZ Excess Spread Collateralization, Series 2021-GNT1, Class A (c)		3.474	%		11/25/26		723,599		695,297

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 4.1% (Continued)
Ocwen Master Advance Receivables, Series 2020-T1, Class A-T1 (c)		1.300	%		08/15/52	$	627,684	$	627,702
PNMAC GMSR Issuer Trust, Series 2018-GT2, Class NT (1* 1MO LIBOR + 265) (a)(c)		3.107	%		08/25/23		1,000,000		990,130
Renew Financial, LLC, Series 2017-1, Class A (c)		3.670	%		09/20/52		337,057		329,318
Renew Financial, LLC, Series 2017-1, Class B (c)		5.750	%		09/20/52		25,566		25,114
Renew Financial, LLC, Series 2017-2, Class A (c)		3.220	%		09/22/53		38,110		38,737
SPS Servicer Advance Receivables, Series 2020-T1, Class DT1 (c)		2.370	%		11/15/52		132,667		131,696
SPS Servicer Advance Receivables, Series 2020-T2, Class D (c)		3.160	%		11/15/55		494,000		444,026
Sunnova Solar Issuer, LLC, Series 2020-2A, Class A (c)		2.730	%		11/01/55		1,069,792		1,001,482
TES, LLC, Series 2017-1, Class A (c)		4.330	%		10/20/47		284,059		279,915
Westgate Resorts, Series 2020-1, Class B (c)		3.963	%		03/20/34		626,624		628,993
Westgate Resorts, Series 2020-1A, Class C (c)		6.213	%		03/20/34		861,608		880,876
									17,550,119
Agency CMBS - 2.3%
FARM Mortgage Trust, Series 2021-1, Class A (c)		2.180	%		01/25/51		5,859,991		5,617,393
FNMA, Pool #FN AN3047		2.370	%		10/01/26		125,365		123,198
FNMA, Pool #FN BM6011		3.353	%		11/01/26		842,709		854,703
FNMA, Series 2019-M21, Class 1A1		1.950	%		04/25/28		490,455		478,603
FNMA, Pool #FN AN3598		2.550	%		12/01/28		269,599		265,210
FNMA, Pool #FN BL4548		2.430	%		10/01/29		190,385		185,261
FNMA, Pool #FN 464107		4.820	%		12/01/29		115,713		122,653
FNMA, Pool #FN AM9491		3.550	%		08/01/30		169,750		175,788
FNMA, Pool #FN AN6149		3.140	%		07/01/32		750,000		756,085
FNMA, Pool #FN AN7612		3.280	%		12/01/32		250,000		255,317
FNMA, Pool #FN 469130		4.870	%		10/01/41		125,887		133,935
FNMA, Pool #FN AM5015		4.940	%		12/01/43		749,333		821,939
									9,790,085

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 16.4%
FHLMC, Pool #FG S20432 (1* 1MO LIBOR + 30) (a)		0.697	%		05/15/28	$	56,544	$	56,098
FHLMC, Series 4847, Class CV		3.500	%		02/15/30		408,850		412,014
FHLMC, Series 2646, Class ZH		5.000	%		07/15/33		126,902		142,021
FHLMC, Series 4265, Class FD (1* 1MO LIBOR + 40) (a)		0.797	%		01/15/35		254,275		254,831
FHLMC, Series 2006-71, Class ZH		6.000	%		07/25/36		297,397		327,590
FHLMC, Series 4613, Class AF (1* 1MO LIBOR + 110) (a)		1.497	%		11/15/37		86,323		86,582
FHLMC, Series 3605, Class PB		4.500	%		11/15/39		70,374		73,207
FHLMC, Series 3617, Class PC		4.500	%		12/15/39		85,584		89,060
FHLMC, Series 3740, Class FC (1* 1MO LIBOR + 50) (a)		0.897	%		10/15/40		81,502		82,163
FHLMC, Series 3759, Class ME		4.000	%		11/15/40		542,353		564,611
FHLMC, Series 3811, Class TA		5.000	%		02/15/41		262,142		280,750
FHLMC, Series 3895, Class BF (1* 1MO LIBOR + 50) (a)		0.897	%		07/15/41		83,760		84,488
FHLMC, Series 4074, Class JY		2.500	%		07/15/42		475,000		454,578
FHLMC, Series 4165, Class ZT		3.000	%		02/15/43		145,088		139,228
FHLMC, Series 4183, Class NQ		3.000	%		03/15/43		3,123,430		3,030,148
FHLMC, Series 4210, Class Z		3.000	%		05/15/43		324,537		309,538
FHLMC, Series 4447, Class YZ		4.000	%		08/15/43		1,432,935		1,479,433
FHLMC, Series 4333, Class GL		3.500	%		04/15/44		250,000		255,566
FHLMC, Series 4408, Class BC		3.000	%		11/15/44		1,020,410		982,446
FHLMC, Series 4673, Class PH		3.500	%		01/15/45		314,745		317,204
FHLMC, Series 4473, Class Z		3.000	%		05/15/45		392,707		371,078
FHLMC, Series 4531, Class PZ		3.500	%		11/15/45		1,365,041		1,350,968
FHLMC, Series 4738, Class TW		3.000	%		11/15/46		1,385,000		1,366,812
FHLMC, Series 4857, Class H		4.000	%		11/15/46		435,892		442,774
FHLMC, Series 4736, Class CL		3.000	%		12/15/47		441,240		433,167
FHLMC, Series 4753, Class EZ		3.500	%		12/15/47		2,034,688		2,031,423
FHLMC, Series 4745, Class CZ		3.500	%		01/15/48		2,668,303		2,692,637
FHLMC, Series 4801, Class ZN		4.000	%		05/15/48		1,068,722		1,089,272
FHLMC, Series 4941, Class NW		2.500	%		05/25/49		758,520		673,744
FHLMC, Series 4911, Class JM		3.500	%		09/25/49		1,000,000		1,009,273

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 16.4% (Continued)
FHLMC, Series 5011, Class DB		2.000	%		09/25/50	$	262,000	$	200,753
FHLMC, Series 4377, Class KZ		3.500	%		02/15/52		812,661		833,068
FNMA, Series 2010-155, Class JH		4.000	%		12/25/28		120,000		122,610
FNMA, Series 2013-35, Class YT		6.500	%		09/25/32		179,944		197,437
FNMA, Series 2012-129, Class HT		2.000	%		12/25/32		61,395		58,290
FNMA, Series 2002-86, Class PG		6.000	%		12/25/32		57,563		63,670
FNMA, Series 2004-56, Class Z		7.500	%		03/25/34		113,418		129,400
FNMA, Series 2004-17, Class BA		6.000	%		04/25/34		244,941		278,212
FNMA, Series 2005-3, Class CG		5.500	%		02/25/35		141,135		150,049
FNMA, Series 2005-62, Class ZL		5.500	%		07/25/35		260,231		278,896
FNMA, Series 2006-56, Class DC (1* 1MO LIBOR + 65) (a)		1.107	%		07/25/36		488,817		492,514
FNMA, Series 2009-19, Class TD		5.000	%		08/25/36		86,502		91,957
FNMA, Series 2007-95, Class A3		0.358	%		08/27/36		1,600,000		1,449,789
FNMA, Series 2006-108, Class FD (1* 1MO LIBOR + 38) (a)		0.837	%		11/25/36		119,892		120,103
FNMA, Series 2007-39, Class NB		4.250	%		05/25/37		113,163		118,094
FNMA, Series 2008-60, Class JC		5.000	%		07/25/38		184,677		195,697
FNMA, Series 2009-103, Class MB		1.996	%		12/25/39		37,841		39,331
FNMA, Series 2010-2, Class LC		5.000	%		02/25/40		197,770		212,517
FNMA, Series 2011-14, Class PB		5.000	%		03/25/41		570,000		606,546
FNMA, Series 2011-57, Class PD		4.000	%		07/25/41		321,407		337,825
FNMA, Series 2011-62, Class UA		4.500	%		07/25/41		680,299		692,272
FNMA, Series 2012-9, Class FC (1* 1MO LIBOR + 40) (a)		0.857	%		02/25/42		118,816		119,149
FNMA, Series 2013-34, Class GP		3.000	%		05/25/42		396,535		383,988
FNMA, Series 2012-52, Class PQ		3.500	%		05/25/42		1,677,989		1,686,132
FNMA, Series 2012-79, Class QB		2.000	%		07/25/42		199,180		187,552
FNMA, Series 2003-W2, Class 1-1A		6.500	%		07/25/42		707,149		766,904
FNMA, Series 411, Class A3		3.000	%		08/25/42		104,288		102,544
FNMA, Series 2012-99, Class UY		2.500	%		09/25/42		329,000		307,358
FNMA, Series 2013-35, Class LP		3.000	%		01/25/43		352,000		344,370
FNMA, Series 2013-35, Class CV		3.000	%		02/25/43		350,000		344,657
FNMA, Series 2013-13, Class WH		3.500	%		03/25/43		1,000,000		950,561
FNMA, Series 2013-31, Class NT		3.000	%		04/25/43		49,262		48,070

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 16.4% (Continued)
FNMA, Series 2003-W10, Class 3A-5		4.299	%		06/25/43	$	577,961	$	583,263
FNMA, Series 2013-104, Class CY		5.000	%		10/25/43		250,000		281,820
FNMA, Series 2013-115, Class PB		4.500	%		11/25/43		300,000		331,715
FNMA, Series 2015-11, Class MZ		4.000	%		12/25/43		4,828,670		4,871,889
FNMA, Series 2014-2, Class PB		4.000	%		02/25/44		616,901		601,591
FNMA, Series 2017-16, Class UW		3.000	%		07/25/45		2,044,494		2,041,387
FNMA, Series 2016-68, Class AL		3.000	%		10/25/46		850,000		847,799
FNMA, Series 2017-77, Class HZ		3.500	%		10/25/47		1,163,430		1,133,646
FNMA, Series 2018-08, Class DZ		3.500	%		02/25/48		824,098		805,690
FNMA, Series 2018-31, Class KQ		3.500	%		05/25/48		847,826		835,413
FNMA, Series 2018-66, Class PZ		4.000	%		09/25/48		553,101		567,265
FNMA, Series 2019-01, Class MH		3.000	%		02/25/49		259,672		253,486
FNMA, Series 2019-8, Class ZD		3.500	%		03/25/49		556,890		574,075
FNMA, Series 2019-038, Class MT		3.000	%		07/25/49		1,089,752		1,072,535
FNMA, Series 2019-40, Class PL		4.000	%		07/25/49		318,000		325,960
FNMA, Series 2019-60, Class WZ		2.750	%		10/25/49		560,963		523,855
FNMA, Series 2019-83, Class EB		2.000	%		01/25/50		171,000		136,727
FNMA, Series 2020-15, Class KY		3.000	%		03/25/50		2,077,414		2,041,225
FNMA, Series 2021-149, Class ZB		3.000	%		08/20/51		438,744		441,189
GNMA, Series 2015-161, Class AV		3.000	%		01/20/29		357,063		355,108
GNMA, Series 2018-091, Class VL		3.500	%		10/20/29		1,469,179		1,473,812
GNMA, Series 2018-139, Class DV		3.500	%		01/20/30		441,662		441,097
GNMA, Series 2004-49, Class MZ		6.000	%		06/20/34		413,721		448,922
GNMA, Series 2005-13, Class BG		5.000	%		02/20/35		214,624		227,361
GNMA, Series 2015-123, Class VB		3.500	%		09/20/35		436,000		439,555
GNMA, Series 2006-17, Class JN		6.000	%		04/20/36		178,830		192,808
GNMA, Series 2008-51, Class PH		5.250	%		06/20/38		107,455		111,514
GNMA, Series 2009-2, Class PA		5.000	%		12/20/38		70,635		73,534
GNMA, Series 2014-79, Class HU		3.000	%		02/16/40		474,469		461,260
GNMA, Series 2010-105, Class ZC		4.500	%		08/16/40		504,747		543,953
GNMA, Series 2013-22, Class GA		2.500	%		10/20/41		5,496		5,779
GNMA, Series 2012-74, Class LY		2.500	%		06/20/42		318,000		295,378
GNMA, Series 2012-134, Class KM		2.000	%		09/20/42		342,000		307,899
GNMA, Series 2012-113, Class NZ		4.500	%		09/20/42		278,859		269,242
GNMA, Series 2013-6, Class PE		2.000	%		01/20/43		100,000		91,628

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 16.4% (Continued)
GNMA, Series 2013-5, Class GY		3.000	%		01/20/43	$	532,000	$	530,377
GNMA, Series 2015-179, Class ZB		2.500	%		02/20/45		57,622		52,405
GNMA, Series 2016-37, Class YA		3.000	%		12/20/45		1,052,864		1,052,963
GNMA, Series 2016-38, Class ZP		3.500	%		03/20/46		73,998		71,705
GNMA, Series 2016-74, Class PL		3.000	%		05/20/46		1,288,335		1,254,644
GNMA, Series 2016-120, Class YZ		3.000	%		09/20/46		1,000,000		985,266
GNMA, Series 2017-080, Class BZ		3.500	%		05/20/47		414,409		417,755
GNMA, Series 2018-006, Class JY		2.750	%		01/20/48		284,000		243,828
GNMA, Series 2018-14, Class MZ		3.000	%		01/20/48		390,875		367,236
GNMA, Series 2018-097, Class GY		4.000	%		07/20/48		1,162,000		1,207,455
GNMA, Series 2018-120, Class PY		3.500	%		09/20/48		689,379		680,692
GNMA, Series 2019-20, Class JK		3.500	%		02/20/49		188,928		190,644
GNMA, Series 2019-031, Class AZ		5.000	%		03/20/49		292,266		306,593
GNMA, Series 2019-052, Class HL		4.000	%		04/20/49		490,565		493,022
GNMA, Series 2019-99, Class EW		3.000	%		08/20/49		540,446		540,971
GNMA, Series 2019-99, Class GP		3.500	%		08/20/49		517,000		526,014
GNMA, Series 2020-093, Class AZ		3.000	%		04/20/50		818,829		790,823
GNMA, Series 2020-097, Class ML		2.500	%		07/20/50		1,975,000		1,730,073
GNMA, Series 2021-146, Class XI		3.500	%		08/20/51		2,764,201		395,120
GNMA, Series 2017-H18, Class EB (a)		4.679	%		06/20/63		222,208		226,547
GNMA, Series 2014-H14, Class FA (1* 1MO LIBOR + 50) (a)		0.601	%		07/20/64		292,206		291,314
GNMA, Series 2014-H15, Class FA (1* 1MO LIBOR + 50) (a)		0.606	%		07/20/64		76,590		76,345
GNMA, Series 2016-H11, Class FD (1* 12MO LIBOR + 40) (a)		0.681	%		05/20/66		210,774		209,240
GNMA, Series 2017-H16, Class DB (a)		4.422	%		08/20/67		54,305		55,312
									69,498,743
Agency MBS CMO Derivatives - 2.1%
FHLMC, Series 3919, Class QS (IO) (-1* 1MO LIBOR + 670) (a)		6.303	%		08/15/30		1,555,067		158,279
FHLMC, Series 4214, Class CI (IO)		3.000	%		06/15/31		548,509		18,662
FHLMC, Series 4114, Class IM (IO)		3.500	%		07/15/31		745,062		26,705
FHLMC, Series 4169, Class SA (IO) (-1.2* 1MO LIBOR + 546) (a)		5.332	%		02/15/33		510,917		475,723

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 2.1% (Continued)
FHLMC, Series 226, Class PO (PO) (a)		0.000	%		02/01/34	$	131,092	$	116,783
FHLMC, Series 3107, Class DC (IO) (-1* 1MO LIBOR + 670) (a)		6.303	%		06/15/35		1,265,770		42,269
FHLMC, Series 3102, Class TA (IO) (-7.5* 1MO LIBOR + 5250) (a)		7.500	%		01/15/36		211,810		224,155
FHLMC, Series 3607, Class AO (PO)		0.000	%		04/15/36		86,467		75,062
FHLMC, Series 237, Class S14 (IO) (-1* 1MO LIBOR + 660) (a)		6.203	%		05/15/36		339,529		66,590
FHLMC, Series 3199, Class OC (PO)		0.000	%		08/15/36		129,703		115,232
FHLMC, Series 379, Class I (PO)		0.000	%		05/25/37		45,225		40,246
FHLMC, Series 3607, Class OP (PO)		0.000	%		07/15/37		316,227		270,785
FHLMC, Series 4006, Class IA (IO)		4.500	%		09/15/41		440,748		43,459
FHLMC, Series 4422, Class DO PO)		0.000	%		10/15/41		943,775		817,116
FHLMC, Series 4116, Class LI (IO)		4.500	%		02/15/42		1,311,716		157,229
FHLMC, Series 4074, Class SJ (IO) (-1* 1MO LIBOR + 662) (a)		6.223	%		07/15/42		850,798		184,252
FHLMC, Class (PO), Pool #S0-6050		0.000	%		08/15/42		179,883		150,620
FHLMC, Class (PO), Pool #S0-6829		0.000	%		09/15/43		311,262		270,215
FNMA, Series 2012-128, Class EI (IO)		3.500	%		11/25/27		343,788		20,799
FNMA, Series 2012-148, Class IA (IO)		4.000	%		01/25/28		195,726		13,891
FNMA, Series 2004-91, Class SP (IO) (-2.4* 1MO LIBOR + 1680) (a)		15.704	%		11/25/31		185,338		215,509
FNMA, Series 2004-61, Class GO (PO)		0.000	%		11/25/32		433,255		391,645
FNMA, Series 2013-89, Class DI (IO)		4.000	%		08/25/33		1,474,990		148,227
FNMA, Series 348, Class II (IO)		6.000	%		01/25/34		79,405		15,256
FNMA, Series 2015-82, Class AI (IO)		3.500	%		06/25/34		895,420		83,155
FNMA, Series 2016-28, Class DI (IO)		3.500	%		03/25/35		743,820		75,891
FNMA, Series 384, Class 11 (IO)		5.000	%		03/25/35		624,097		97,202
FNMA, Series 2005-52, Class JH (IO) (-1* 1MO LIBOR + 660) (a)		6.143	%		05/25/35		345,509		38,324
FNMA, Series 378, Class (IO) (a)		5.000	%		06/01/35		679,701		105,874
FNMA, Series 2016-24, Class KI (IO)		3.500	%		07/25/35		448,913		48,072
FNMA, Series 368, Class (IO)		5.000	%		02/01/36		523,458		68,101
FNMA, Series 2006-96, Class MO (PO)		0.000	%		10/25/36		38,494		35,021
FNMA, Series 398, Class C5 (IO)		5.000	%		05/25/39		737,719		131,888

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 2.1% (Continued)
FNMA, Series 2010-44, Class CS (IO) (-1* 1MO LIBOR + 655) (a)		6.093	%		05/25/40	$	44,998	$	7,052
FNMA, Series 2012-63, Class NI (IO)		4.000	%		06/25/40		821,840		29,035
FNMA, Series 2011-14, Class PI (IO) (d)		5.000	%		06/25/40		1,238		0
FNMA, Series 2012-100, Class MI (IO)		4.500	%		12/25/40		51,556		467
FNMA, Series 409, Class C1 (IO)		4.000	%		04/01/42		1,072,763		173,217
FNMA, Series 2012-99, Class QS (IO) (-1* 1MO LIBOR + 660) (a)		6.143	%		09/25/42		2,097,349		322,394
FNMA, Series 2012-128, Class SH (IO) (-1* 1MO LIBOR + 400) (a)		3.543	%		11/25/42		336,024		294,148
FNMA, Series 2016-32, Class GO (PO)		0.000	%		01/25/43		11,453		8,086
FNMA, Series 2016-30, Class IN (IO)		3.500	%		02/25/43		1,487,716		96,473
FNMA, Series 2003-W10, Class 3IO (IO) (a)		0.406	%		06/25/43		10,179,021		125,667
FNMA, Series 2013-82, Class SB (IO) (-2.67* 1MO LIBOR + 1173) (a)		11.450	%		08/25/43		350,236		345,141
FNMA, Series 2013-101, Class DO (PO)		0.000	%		10/25/43		115,398		99,405
FNMA, Series 2014-42, Class SN (IO) (-1* 1MO LIBOR + 605) (a)		5.593	%		07/25/44		445,306		71,266
FNMA, Series 2019-31, Class CI (IO)		4.000	%		02/25/47		1,278,782		89,636
FNMA, Series 2018-11B, Class QI (IO)		4.000	%		01/25/48		2,593,871		269,093
FNMA, Series 2018-01, Class AI (IO)		5.000	%		02/25/48		1,965,369		347,390
GNMA, Series 2010-47, Class PX (IO) (-1* 1MO LIBOR + 670) (a)		6.251	%		06/20/37		661,217		85,016
GNMA, Series 2012-146, Class AI (IO)		3.000	%		10/20/37		1,320,824		47,728
GNMA, Series 2011-139, Class LS (IO)		4.894	%		03/16/38		1,704,118		233,618
GNMA, Series 2008-38, Class ID (IO)		6.000	%		03/20/38		175,374		10,306
GNMA, Series 2013-124, Class ES (IO) (-1.33* 1MO LIBOR + 867) (a)		8.069	%		04/20/39		10,015		10,089
GNMA, Series 2013-147, Class SD (IO) (-1* 1MO LIBOR + 665) (a)		6.201	%		12/20/39		1,561,471		243,962
GNMA, Series 2011-21, Class SA (IO) (-1* 1MO LIBOR + 600) (a)		5.569	%		02/16/41		1,770,850		269,734
GNMA, Series 2011-145, Class QI (IO)		5.000	%		11/16/41		197,545		29,552
GNMA, Series 2013-113, Class QS (IO) (-1* 1MO LIBOR + 620) (a)		5.751	%		02/20/42		372,739		33,253

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 2.1% (Continued)
GNMA, Series 2014-141, Class IE (IO)		4.000	%		08/20/43	$	81,920	$	1,273
GNMA, Series 2017-004, Class WI (IO)		4.000	%		02/20/44		1,063,268		83,139
GNMA, Series 2016-32, Class MS (IO) (-1* 1MO LIBOR + 605) (a)		5.601	%		03/20/46		1,669,629		227,244
GNMA, Series 2019-98, Class BI (IO)		3.000	%		06/20/49		847,484		253,318
GNMA, Series 2019-120, Class DI (IO)		3.500	%		08/20/49		1,867,570		246,805
GNMA, Series 2012-H02, Class AI (IO) (a)		1.980	%		01/20/62		48,096		2,299
GNMA, Series 2013-H13, Class T1 (IO) (a)		0.463	%		05/20/63		1,651,533		12,562
GNMA, Series 2016-H20, Class GI (IO) (a)		0.452	%		08/20/66		1,299,582		15,497
GNMA, Series 2017-H11, Class PI (IO) (a)		3.713	%		04/20/67		13,504		189
GNMA, Series 2017-H22, Class ID (IO) (a)		4.297	%		11/20/67		15,748		802
GNMA, Series 2018-H08, Class NI (IO) (a)		0.951	%		05/20/68		951,448		20,957
									8,848,050
Agency MBS Passthrough - 1.5%
FHLMC, Pool #FG G14973		4.000	%		12/01/28		121,477		126,805
FHLMC, Pool #FG U59010		4.000	%		11/01/34		329,978		340,460
FHLMC, Pool #FG G61909		4.500	%		12/01/37		455,322		484,103
FHLMC, Pool #FG G06085		6.500	%		09/01/38		57,360		63,470
FNMA, Pool #FN 252409		6.500	%		03/01/29		67,420		70,989
FNMA, Pool #FN AL5850		3.500	%		10/01/29		274,786		283,009
FNMA, Pool #FN AS7287		3.500	%		06/01/31		473,111		489,601
FNMA, Pool #FN AL3200		3.500	%		02/01/33		313,731		317,734
FNMA, Pool #FN AT7120		3.500	%		06/01/33		394,141		399,374
FNMA, Pool #FN AL5166		3.000	%		11/01/33		289,279		284,861
FNMA, Pool #FN AL6685		4.000	%		01/01/35		501,565		517,244
FNMA, Pool #FN MA2198		3.500	%		03/01/35		309,834		313,711
FNMA, Pool #FN MA3050		4.500	%		06/01/37		525,584		549,129
FNMA, Pool #FN AS4073		4.000	%		12/01/44		196,949		205,878
FNMA, Pool #FN MA2778		3.500	%		10/01/46		101,433		100,541
GNMA, Pool #MA5738M		4.000	%		02/20/34		238,979		247,118
GNMA, Pool #GN 784279		5.500	%		11/15/38		364,872		405,884
GNMA, Pool #711522X		4.500	%		07/15/40		272,606		300,750
GNMA, Pool #GN 78541		4.500	%		06/15/46		134,447		144,950
GNMA, Pool #G2 784792		4.500	%		08/20/49		856,930		876,451
									6,522,062

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ARM - 0.0% (e)
Structured Asset Securities Corp., Series 2003-37A, Class 2-A (a)		2.028	%		12/25/33	$	9,579	$	9,670
Auto Loan - 2.5%
ACC Auto Trust, Series 2021-A, Class A (c)		1.080	%		04/15/27		378,846		375,345
ACC Trust, Series 2021-1, Class B (c)		1.430	%		07/22/24		1,000,000		991,722
CarNow Auto Receivables Trust, Series 2021-1A, Class C (c)		2.160	%		02/17/26		750,000		733,669
CIG Auto Receivables Trust, Series 2020-1, Class D (c)		2.350	%		01/12/26		300,000		295,298
CIG Auto Receivables Trust, Series 2020-1, Class C (c)		1.750	%		02/12/26		460,000		455,712
CPS Auto Trust, Series 2017-D, Class D (c)		3.730	%		09/15/23		20,640		20,659
Credit Acceptance Auto Loan Trust, Series 2019-3, Class C (c)		3.060	%		03/15/29		400,000		397,265
Credit Acceptance Auto Loan Trust, Series 2020-3A, Class C (c)		2.280	%		02/15/30		550,000		530,752
Credito RL USA, Series 2021-1, Class A (c)		1.350	%		02/16/27		673,335		661,144
FHF Trust, Series 2020-1, Class A (c)		2.590	%		12/15/23		121,444		121,563
FHF Trust, Series 2021-1, Class A (c)		1.270	%		03/15/27		625,901		609,482
First Help Financial, LLC, Series 2021-2A, Class A (c)		0.830	%		12/15/26		904,890		880,072
First Help Financial, LLC, Series 2021-2A, Class B (c)		1.630	%		09/15/27		1,090,000		1,020,551
OneMain Direct Auto Receivables, Series 2018-1, Class B (c)		3.710	%		04/14/25		265,011		265,017
OneMain Direct Auto Receivables, Series 2019-1, Class D (c)		4.680	%		04/14/31		675,000		688,374
Santander Consumer Auto Receivables, Series 2020-B, Class D (c)		2.140	%		12/15/26		400,000		390,761
Tesla Auto Lease Trust, Series 2021-B, Class D (c)		1.320	%		09/22/25		1,400,000		1,327,212
Veros Auto Receivables Trust, Series 2021-1, Class B (c)		1.490	%		10/15/26		1,000,000		961,781
									10,726,379

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 4.8%
A10 Securitization, Series 2021-D, Class D (c)(d)		4.409	%		10/01/38	$	1,250,000	$	1,188,750
A10 Securitization, Series 2021-D, Class E (c)(d)		4.753	%		10/01/38		1,275,000		1,212,525
A10 Securitization, Series 2020-C, Class A (c)(d)		2.033	%		08/15/40		396,724		396,214
A10 Securitization, Series 2020-C, Class B (c)(d)		2.617	%		08/15/40		300,000		287,404
A10 Securitization, Series 2020-C, Class D (c)(d)		4.129	%		08/15/40		250,000		236,553
A10 Securitization, Series 2020-C, Class E (c)(d)		5.465	%		08/15/40		250,000		237,400
Acre Mortgage Trust, Series 2021-FL4, Class D (1* 1MO LIBOR + 260) (a)(c)		3.068	%		12/15/37		1,000,000		980,055
Acre Mortgage Trust, Series 2021-FL4, Class E (1* 1MO LIBOR + 310) (a)(c)		3.568	%		12/15/37		675,000		658,169
Arbor Realty Collateralized Loan, Series 2021-FL1, Class A (c)		1.161	%		12/17/35		1,000,000		987,527
Arbor Realty Collateralized Loan, Series 2022-FL1, Class D (a)(c)		3.050	%		01/15/37		1,250,000		1,239,865
BDS Ltd., Series 2021-FL8, Class D (c)		2.368	%		01/18/36		1,000,000		978,805
BXMT Ltd., Series 2020-FL2, Class D (1* 1MO LIBOR + 195) (a)(c)		2.113	%		02/16/37		625,000		607,863
BXMT Ltd., Series 2021-FL4, Class D (1* 1MO LIBOR + 225) (a)(c)		2.441	%		05/17/38		750,000		733,160
LoanCore Issuer Ltd., Series 2019-CRE3, Class D (c)		2.897	%		05/15/36		1,170,000		1,147,831
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL5, Class AS (a)(c)		1.385	%		07/15/36		777,000		761,917
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL7, Class AS (c)		1.576	%		10/16/36		1,500,000		1,483,146
PFP Ltd., Series 2019-5, Class B (1* 1MO LIBOR + 165) (a)(c)		1.776	%		04/16/36		650,000		645,286
PFP Ltd., Series 2021-7, Class D (1* 1MO LIBOR + 240) (a)(c)		2.526	%		04/14/38		749,963		735,895
PFP Ltd., Series 2021-7, Class A (c)		1.247	%		04/16/38		980,243		963,245
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class A (1* 1MO LIBOR + 215) (a)(c)		2.337	%		02/25/35		654,630		656,350
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class C (c)		2.000	%		07/25/36		500,000		488,515

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 4.8% (Continued)
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class B (c)		2.500	%		07/25/36	$	1,000,000	$	956,066
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class A (c)		3.087	%		07/25/36		1,000,000		948,851
TRTX Ltd., Series 2019-FL3, Class A (1* 1MO LIBOR + 115) (a)(c)		1.314	%		10/15/34		446,412		445,386
TRTX Ltd., Series 2022-FL5, Class A (c)		1.700	%		02/15/39		1,250,000		1,240,795
									20,217,573
Credit Cards - 2.3%
Brex Commercial Charge Card Master Trust, Series 2021-1, Class A (c)		2.090	%		07/17/24		1,000,000		988,625
Brex Commercial Charge Card Master Trust, Series 2022-1, Class A (c)		4.630	%		07/15/25		700,000		699,100
Continental Credit Card, LLC, Series 2019-1, Class A (c)		3.830	%		08/15/26		862,616		865,384
Continental Credit Card, LLC, Series 2019-1, Class B (c)		4.950	%		08/15/26		300,000		301,415
Continental Credit Card, LLC, Series 2020-A, Class A (c)		2.240	%		12/15/28		1,350,000		1,301,480
Continental Credit Card, LLC, Series 2020-A, Class B (c)		3.660	%		12/15/28		1,200,000		1,154,594
Continental Credit Card, LLC, Series 2021-A, Class B (c)		3.490	%		12/17/29		500,000		478,658
Continental Credit Card, LLC, Series 2021-A, Class C (c)		4.020	%		12/17/29		500,000		477,952
Genesis Private Label Amortization Trust, Series 2020-1, Class D (c)		6.630	%		07/20/26		750,000		758,292
Genesis Private Label Amortization Trust, Series 2020-1, Class C (c)		4.190	%		07/20/30		186,028		184,853
Genesis Sales Finance Master Trust, Series 2020-AA, Class B (c)		2.240	%		09/22/25		535,000		528,765
Genesis Sales Finance Master Trust, Series 2020-AA, Class C (c)		2.990	%		09/22/25		300,000		296,639
Genesis Sales Finance Master Trust, Series 2021-AA, Class D (c)		2.090	%		12/21/26		750,000		717,999

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Credit Cards - 2.3% (Continued)
Mercury Financial Credit Card, Series 2021-1A, Class B (c)		2.330	%		03/20/26	$	800,000	$	777,813
									9,531,569
Equipment - 0.8%
Business Jet Securities, LLC, Series 2019-1, Class B (c)		5.193	%		07/15/34		351,982		333,313
Business Jet Securities, LLC, Series 2020-1, Class B (c)		3.967	%		11/15/35		246,745		238,039
Business Jet Securities, LLC, Series 2021-1A, Class B (c)		2.918	%		04/15/36		326,307		303,602
CLI Funding VI, LLC, Series 2020-1, Class B (c)		3.620	%		09/18/45		546,325		530,046
HPEFS Equipment Trust, Series 2021-2A, Class D (c)		1.290	%		03/20/29		750,000		713,358
Octane Receivables Trust, Series 2019-1, Class A (c)		3.160	%		09/20/23		5,059		5,065
Octane Receivables Trust, Series 2021-1A, Class C (c)		2.230	%		11/20/28		550,000		510,003
Stellar Jay Ireland DAC, Series 2021-1, Class B (c)(d)		5.926	%		03/15/28		962,100		899,138
									3,532,564
HECM - 2.6%
Boston Lending Trust, Series 2022-1, Class M2 (c)(d)		2.750	%		02/25/62		501,986		406,628
Brean ABS Trust, Series 2021-RM2, Class A (c)		1.750	%		10/25/61		1,589,750		1,466,171
Brean ABS Trust, Series 2022-RM3, Class A (c)		1.750	%		02/25/62		1,591,565		1,456,167
Finance of America HECM, Series 2022-HB1, Class M3 (a)(c)		5.084	%		11/25/25		1,650,000		1,622,232
Finance of America HECM, Series 2020-HB2, Class A (a)(c)		1.710	%		07/25/30		237,857		230,019
RMF Buyout Issuance Trust, Series 2021-HB1, Class M3 (c)		3.690	%		11/25/31		550,000		519,105
RMF Buyout Issuance Trust, Series 2020-HB1, Class AI (a)(c)		1.719	%		10/25/50		699,847		671,464
RMF Proprietary Issuance Trust, Series 2021-2, Class A (c)		2.125	%		09/25/61		1,684,855		1,552,110

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
HECM - 2.6% (Continued)
RMF Proprietary Issuance Trust, Series 2022-1, Class A (a)(c)		3.000	%		01/25/62	$	1,600,000	$	1,530,688
RMF Proprietary Issuance Trust, Series 2022-1, Class M1 (a)(c)(d)		3.000	%		01/25/62		1,000,000		885,024
RMF Proprietary Issuance Trust, Series 2022-1, Class M2 (a)(c)(d)		3.000	%		01/25/62		1,000,000		819,365
									11,158,973
Hospitality - 1.9%
BHMS Mortgage Trust, Series 2018-ATLS, Class A (1* 1MO LIBOR + 125) (a)(c)		1.647	%		07/16/35		610,000		603,678
BX Commercial Mortgage Trust, Series 2020-VIV3, Class B (a)(c)		3.544	%		03/09/44		1,300,000		1,233,543
BX Trust, Series 2018-GW, Class E (1* 1MO LIBOR + 197) (a)(c)		2.161	%		05/15/37		1,200,000		1,169,836
BX Trust, Series 2019-OC11, Class A (c)		3.202	%		12/11/41		1,177,000		1,136,236
Champlain Housing Mortgage Trust, Series 2017-COSMO, Class B (1* 1MO LIBOR + 140) (a)(c)		1.591	%		11/17/36		100,000		99,496
Cosmopolitan Hotel Trust, Series 2017-COSMO, Class D (1* 1MO LIBOR + 225) (a)(c)		2.441	%		11/15/36		100,000		99,375
Extended Stay America Trust, Series 2021-ESH, Class E (1* 1MO LIBOR + 285) (a)(c)		3.247	%		07/15/38		993,883		977,037
Motel 6 Trust, Series 2021-MTL6, Class A (c)		1.297	%		09/15/38		588,701		580,156
Motel 6 Trust, Series 2021-MTL6, Class C (c)		1.897	%		09/15/38		546,651		536,661
Motel 6 Trust, Series 2021-MTL6, Class E (c)		3.097	%		09/15/38		1,530,623		1,496,116
									7,932,134
Industrial - 1.1%
BX Commercial Mortgage, Series 2021-VOLT, Class D (c)		2.047	%		09/15/36		1,630,000		1,571,221
BX Commercial Mortgage, Series 2021-VOLT, Class E (c)		2.397	%		09/15/36		200,000		192,406
BX Commercial Mortgage, Series 2021-VOLT, Class F (a)(c)		2.797	%		09/15/36		450,000		434,045

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Industrial - 1.1% (Continued)
Cold Storage Trust, Series 2020-ICE5, Class E (1* 1MO LIBOR + 277) (a)(c)		3.162	%		11/16/37	$	491,495	$	485,967
Credit Suisse First Boston, Series 2020-UNFI, Class A (c)		4.168	%		12/06/22		1,400,000		1,393,773
SMR Mortgage Trust, Series 2022-IND, Class D (c)		4.010	%		02/25/39		482,295		475,887
									4,553,299
Manufactured Housing - 0.0% (e)
Cascade Funding Mortgage Trust, Series 2019-MH1, Class M (a)(c)		5.985	%		11/25/44		100,000		98,954
Mixed-Use - 0.1%
20 Times Square Trust, Series 2018-20TS, Class B (a)(c)		3.100	%		05/17/35		300,000		293,937
Multifamily - 2.0%
FHLMC, Series 2021-MN1, Class M-1 (1* SOFR30A + 200) (a)(c)		2.099	%		01/25/51		1,164,557		1,125,596
FHLMC, Series 2021-MN3, Class M1 (c)		2.399	%		11/25/51		996,212		964,950
FNMA, Series 2021-MN2, Class M-1 (c)		1.899	%		07/25/41		1,762,538		1,678,040
Freedom Mortgage Trust, Series 2016-KF17, Class B (c)		6.081	%		03/25/23		537,331		535,392
Freedom Mortgage Trust, Series 2017-KF39, Class B (1* 1MO LIBOR + 250) (a)(c)		2.741	%		11/25/24		330,814		328,731
Freedom Mortgage Trust, Series 2018-KF53, Class B (1* 1MO LIBOR + 205) (a)(c)		2.157	%		10/27/25		326,918		323,833
FREMF Mortgage Trust, Series 2018-KF44, Class B (1* 1MO LIBOR + 215) (a)(c)		2.257	%		02/25/25		213,477		211,599
FREMF Mortgage Trust, Series 2018-KF43, Class B (1* 1MO LIBOR + 215) (a)(c)		2.257	%		01/25/28		297,604		287,062
FREMF Mortgage Trust, Series 2018-KF50, Class B (1* 1MO LIBOR + 190) (a)(c)		2.007	%		07/25/28		402,198		394,778
FREMF Mortgage Trust, Series 2019-KF57, Class B (1* 1MO LIBOR + 225) (a)(c)		2.491	%		01/25/29		1,419,979		1,393,330

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Multifamily - 2.0% (Continued)
FREMF Mortgage Trust, Series 2019-KF67, Class B (1* 1MO LIBOR + 225) (a)(c)		2.491	%		08/25/29	$	430,976	$	426,134
Multi Family Connecticut Avenue, Series 2019-01, Class M-7 (1* 1MO LIBOR + 170) (a)(c)		2.157	%		10/15/49		320,834		314,629
Multi Family Connecticut Avenue, Series 2020-01, Class M-7 (1* 1MO LIBOR + 195) (a)(c)		2.137	%		03/25/50		375,183		367,484
									8,351,558
Non-Agency MBS CMO - 0.5%
Chase Mortgage Finance Corp., Series 2021-CL1, Class M3		1.649	%		02/25/50		806,382		799,034
J.P. Morgan Wealth Management, Series 2021-CL1, Class M1 (1* SOFR30A + 130) (a)(c)		1.399	%		02/26/71		727,050		718,912
J.P. Morgan Wealth Management, Series 2021-CL1, Class M3 (1* SOFR30A + 180) (a)(c)		1.899	%		02/26/71		548,744		534,005
									2,051,951
Non-QM - 0.3%
Angel Oak Mortgage Trust, Series 2019-1, Class B1 (c)		5.400	%		11/25/48		1,250,000		1,212,394
Residential Transition Loan - 2.6%
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A1 (c)		3.280	%		03/25/25		800,000		785,654
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A2 (c)		5.610	%		03/25/25		500,000		492,920
Antler Mortgage Trust, Series 2021-RTL1, Class M (a)(c)		5.438	%		05/25/25		1,750,000		1,698,197
Colony American Finance Ltd., Series 2021-RTL1, Class A2 (c)		3.104	%		03/26/29		1,000,000		938,200
LHFC Depositor, LLC, Series 2020-RTL1, Class A2 (c)		3.721	%		10/25/24		750,000		732,150

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Residential Transition Loan - 2.6% (Continued)
LHOME Mortgage Trust, Series 2019-RTL3, Class M (c)		5.682	%		07/25/24	$	1,000,000	$	986,310
LHOME Mortgage Trust, Series 2021-RTL1, Class M (a)(c)		4.458	%		09/25/26		1,500,000		1,396,291
LHOME Mortgage Trust, Series 2022-RTL1, Class M (c)		6.900	%		02/25/27		1,250,000		1,237,251
New York Mortgage Trust, Series 2022-BPL1, Class A2 (c)		4.948	%		11/25/27		1,200,000		1,174,654
Toorak Mortgage Corp., Series 2021-1, Class A-1 (c)		2.240	%		06/25/24		510,000		482,661
Toorak Mortgage Corp., Series 2022-1, Class A2 (c)		4.948	%		03/25/29		1,000,000		999,875
									10,924,163
Retail - 1.6%
Aventura Mall Trust, Series 2018-AVM, Class C (a)(c)		4.249	%		07/09/40		650,000		625,150
BB-UBS Trust, Series 2012-SHOW, Class A (c)		3.430	%		11/05/36		335,000		330,867
BX Trust, Series 2021-VIEW, Class B (c)		2.197	%		06/15/36		1,150,000		1,124,086
BX Trust, Series 2021-VIEW, Class E (c)		3.997	%		06/15/36		1,000,000		964,725
BX Trust, Series 2018-EXCL, Class A (1* 1MO LIBOR + 109) (a)(c)		1.485	%		09/15/37		766,302		757,707
BX Trust, Series 2018-EXCL, Class B (c)		1.516	%		09/15/37		191,575		185,102
BX Trust, Series 2018-EXCL, Class C (c)		2.166	%		09/15/37		766,302		730,855
Citigroup Commercial Mortgage, Series 2017-MDRB, Class A (1* 1MO LIBOR + 110) (a)(c)		1.497	%		07/15/30		63,445		63,306
Citigroup Commercial Mortgage, Series 2017-MDRB, Class D (1* 1MO LIBOR + 325) (a)(c)		3.647	%		07/15/30		150,000		149,453
Credit Suisse First Boston, Series 2018-SITE, Class A (c)		4.284	%		04/17/36		127,000		125,537
Credit Suisse First Boston, Series 2018-SITE, Class C (a)(c)		4.782	%		04/17/36		435,000		419,968
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class C (1* 1MO LIBOR + 180) (a)(c)		2.197	%		02/15/40		386,334		377,627

Diamond Hill Core Bond Fund

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Retail - 1.6% (Continued)
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class D (1* 1MO LIBOR + 250) (a)(c)		2.897	%		02/15/40	$	727,217	$	712,653
									6,567,036
Single Family Rental - 1.6%
American Homes 4 Rent, Series 2014-SFR2, Class E (c)		6.231	%		10/17/36		300,000		309,029
American Homes 4 Rent, Series 2014-SFR2, Class D (c)		3.678	%		12/17/36		324,308		323,018
American Homes 4 Rent, Series 2014-SFR3, Class E (c)		6.418	%		12/18/36		300,000		308,720
American Homes 4 Rent, Series 2015-SFR1, Class A (c)		3.467	%		04/17/52		112,419		111,577
Colony American Finance Ltd., Series 2020-4, Class B (c)		1.707	%		12/15/52		800,000		730,953
Colony American Finance Ltd., Series 2020-4, Class E (c)		3.379	%		12/15/52		750,000		649,779
Home Partners of America Trust, Series 2021-2, Class D (c)		2.652	%		12/17/26		993,229		908,012
Home Partners of America Trust, Series 2019-1, Class B (c)		3.157	%		09/17/27		519,567		497,392
Home Partners of America Trust, Series 2019-2, Class B (c)		2.922	%		10/19/39		608,530		569,533
Progress Residential Trust, Series 2021-SFR1, Class B (c)		1.303	%		04/17/38		850,000		765,578
Progress Residential Trust, Series 2021-SFR1, Class E (c)		2.106	%		04/17/38		700,000		614,182
Star Trust, Series 2021-SFR1, Class E (1* 1MO LIBOR + 170) (a)(c)		2.142	%		04/17/38		1,200,000		1,159,394
									6,947,167
Small Business - 1.3%
Credibility Asset Securitization, Series 2021-1A, Class A (c)		2.390	%		04/15/26		1,000,000		965,774
Credibility Asset Securitization, Series 2021-1A, Class C (c)		3.380	%		04/15/26		500,000		483,786

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Small Business - 1.3% (Continued)
FORA Financial Asset Securitization, Series 2021-1A, Class C (c)		3.850	%		05/15/27	$	418,000	$	400,039
Newtek Small Business Loan Trust, Series 2018-1, Class A (1* Prime - 55) (a)(c)		2.950	%		02/25/44		541,590		539,244
Newtek Small Business Loan Trust, Series 2018-1, Class B (1* Prime + 75) (a)(c)		4.250	%		02/25/44		142,524		142,284
Newtek Small Business Loan Trust, Series 2019-01, Class A (1* Prime - 90) (a)(c)		2.600	%		12/25/44		657,740		654,263
Newtek Small Business Loan Trust, Series 2019-01, Class B (1* Prime + 25) (a)(c)		3.750	%		12/25/44		223,632		223,169
OnDeck Asset Securitization Trust, Series 2021-1A, Class B (c)		2.280	%		05/17/27		750,000		706,952
OnDeck Asset Securitization Trust, Series 2021-1A, Class C (c)		2.970	%		05/17/27		650,000		613,398
Small Business Lending Trust, Series 2020-A, Class B (c)		3.200	%		12/15/26		653,082		652,980
									5,381,889
Student Loan - 1.2%
College Ave Student Loans, Series 2018-A, Class B (c)		4.750	%		12/26/47		79,106		78,642
College Ave Student Loans, Series 2018-A, Class C (c)		5.500	%		12/26/47		72,733		71,795
College Ave Student Loans, Series 2019-A, Class A1 (1* 1MO LIBOR + 140) (a)(c)		1.857	%		12/28/48		120,472		119,621
College Ave Student Loans, Series 2019-A, Class C (c)		4.460	%		12/28/48		207,393		204,812
College Ave Student Loans, Series 2021-A, Class B (c)		2.320	%		07/25/51		675,000		635,596
College Ave Student Loans, Series 2021-A, Class D (c)		4.120	%		07/25/51		500,000		477,040
Laurel Road Prime Student Loan, Series 2018-B, Class A2 (c)		3.540	%		05/26/43		22,616		22,767
Laurel Road Prime Student Loan, Series 2019-A, Class A2FX (c)		2.730	%		10/25/48		88,398		87,899
Prodigy Finance, Series 2021-1A, Class A (c)		1.707	%		07/25/51		520,505		519,420

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Student Loan - 1.2% (Continued)
SMB Private Education Loan Trust, Series 2018-C, Class B (c)		4.000	%		11/17/42	$	200,000	$	199,481
Social Professional Loan Program, Series 2017-B, Class CFX (a)(c)		4.440	%		05/25/40		150,000		150,939
Social Professional Loan Program, Series 2017-E, Class A-2B (c)		2.720	%		11/26/40		46,876		46,956
Social Professional Loan Program, Series 2017-E, Class C (c)		4.160	%		11/26/40		700,000		694,377
Social Professional Loan Program, Series 2016-E, Class C (a)(c)		4.430	%		10/25/41		200,000		201,776
Social Professional Loan Program, Series 2020-A, Class BFX (c)		3.120	%		05/15/46		425,000		406,161
Social Professional Loan Program, Series 2018-D, Class BFX (c)		4.140	%		02/25/48		500,000		493,423
Social Professional Loan Program, Series 2019-C, Class BFX (c)		3.050	%		11/16/48		730,000		704,849
									5,115,554
Unsecured Consumer - 6.1%
Avant Loans Funding Trust, Series 2021-REV1, Class C (c)		2.300	%		07/15/30		1,800,000		1,697,625
Freedom Financial, Series 2020-FP1, Class B (c)		3.060	%		03/18/27		241,784		241,770
Freedom Financial, Series 2021-1CP, Class C (c)		2.830	%		03/20/28		625,000		610,926
Freedom Mortgage Trust, Series 2020-2CP, Class C (c)		6.000	%		06/18/27		1,484,000		1,495,328
Lendmark Funding Trust, Series 2020-2A, Class C (c)		4.690	%		04/21/31		550,000		550,216
Lendmark Funding Trust, Series 2021-1A, Class C (c)		3.410	%		11/20/31		750,000		687,628
LL ABS Trust, Series 2020-1, Class A (c)		2.330	%		07/15/22		52,377		52,394
LL ABS Trust, Series 2020-1, Class B (c)		3.790	%		03/15/23		1,500,000		1,499,308
LL ABS Trust, Series 2019-1, Class C (c)		5.070	%		03/15/27		934,906		937,350
LL ABS Trust, Series 2021-1A, Class A (c)		1.070	%		05/15/29		706,550		687,712
LL ABS Trust, Series 2021-1A, Class B (c)		2.170	%		05/15/29		1,500,000		1,393,924
Mariner Finance Issuance Trust, Series 2021-AA, Class D (c)		4.340	%		03/20/36		1,000,000		916,632

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 6.1% (Continued)
Oportun Funding XIII, LLC, Series 2019-13, Class B (c)		3.870	%		08/08/25	$	500,000	$	501,332
Oportun Funding XIV, LLC, Series 2021-A, Class C (c)		3.440	%		03/08/28		1,500,000		1,454,166
Oportun Funding, LLC, Series 2020-1, Class B (c)		3.450	%		05/15/24		1,300,000		1,298,826
Oportun Funding, LLC, Series 2022-1, Class C (c)		6.000	%		06/15/29		1,000,000		996,674
Oportun Funding, LLC, Series 2021-B, Class A (c)		1.470	%		05/08/31		750,000		708,027
Oportun Funding, LLC, Series 2021-B, Class C (c)		3.650	%		05/08/31		650,000		632,346
Oportun Funding, LLC, Series 2021-C, Class A (c)		2.180	%		10/08/31		500,000		470,843
Regional Management Issuance Trust, Series 2020-1, Class A (c)		2.340	%		10/15/30		550,000		533,100
Regional Management Issuance Trust, Series 2021-1, Class C (c)		3.040	%		03/17/31		1,000,000		937,588
Regional Management Issuance Trust, Series 2021-2, Class C (c)		3.230	%		08/15/33		650,000		595,799
Upgrade Master Pass-Thru Trust, Series 2019-ST1, Class A (c)		4.000	%		07/15/25		67,279		67,164
Upgrade Master Pass-Thru Trust, Series 2019-ST3, Class A (c)		3.750	%		11/15/25		28,874		28,916
Upstart Pass Through Trust, Series 2021-ST10, Class A (c)		2.250	%		01/20/30		1,176,244		1,128,955
Upstart Pass-Through Trust, Series 2020-ST6, Class A (c)		3.000	%		01/20/27		362,534		354,892
Upstart Pass-Through Trust, Series 2021-ST4, Class A (c)		2.000	%		07/20/27		1,097,651		1,059,759
Upstart Pass-Through Trust, Series 2020-ST1, Class A (c)		3.750	%		02/20/28		86,580		86,346
Upstart Pass-Through Trust, Series 2020-ST2, Class A (c)		3.500	%		03/20/28		137,471		136,826

Diamond Hill Core Bond Fund 

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Securitized - 59.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 6.1% (Continued)
Upstart Pass-Through Trust, Series 2020-ST3, Class A (c)		3.350	%		04/20/28	$	71,632	$	71,190
Upstart Pass-Through Trust, Series 2021-1A, Class C (c)		1.750	%		10/20/29		599,621		578,443
Upstart Pass-Through Trust, Series 2022-ST1, Class A (c)		2.600	%		03/20/30		971,264		947,348
Upstart Securitization Trust, Series 2021-ST1, Class A (c)		2.750	%		02/20/27		591,891		581,315
Upstart Securitization Trust, Series 2021-ST2, Class A (c)		2.500	%		04/20/27		791,562		772,171
Upstart Securitization Trust, Series 2019-3, Class B (c)		3.829	%		01/21/30		278,636		278,933
Upstart Securitization Trust, Series 2021-2, Class B (c)		1.750	%		06/20/31		1,000,000		950,479
									25,942,251
Total Securitized (Cost $264,411,364)								$	252,758,074

Treasury - 20.7%	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury Notes (b)		0.375	%		09/15/24	$	300,000	$	285,012
U.S. Treasury STRIPS		0.000	%		02/15/25		300,000		279,585
U.S. Treasury Notes		1.625	%		02/15/26		3,000,000		2,899,922
U.S. Treasury Notes		0.500	%		10/31/27		4,000,000		3,590,938
U.S. Treasury STRIPS		0.000	%		05/15/28		1,000,000		859,737
U.S. Treasury Notes		2.875	%		08/15/28		5,500,000		5,635,566
U.S. Treasury Notes		1.250	%		09/30/28		1,500,000		1,391,953
U.S. Treasury STRIPS		0.000	%		05/15/29		2,000,000		1,679,200
U.S. Treasury Notes		0.625	%		08/15/30		4,563,900		3,964,175
U.S. Treasury Notes		0.875	%		11/15/30		3,700,000		3,276,379
U.S. Treasury STRIPS		0.000	%		11/15/31		2,000,000		1,580,106
U.S. Treasury STRIPS		0.000	%		02/15/33		2,000,000		1,525,448
U.S. Treasury STRIPS		0.000	%		05/15/33		600,000		454,895
U.S. Treasury STRIPS		0.000	%		08/15/34		4,000,000		2,934,244
U.S. Treasury STRIPS		0.000	%		05/15/35		3,000,000		2,158,319
U.S. Treasury STRIPS		0.000	%		02/15/36		10,250,000		7,233,730

Diamond Hill Core Bond Fund

Schedule of Investments (Continued) 

March 31, 2022 (Unaudited)

Treasury - 20.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury STRIPS		0.000	%		02/15/37	$	6,500,000	$	4,454,671
U.S. Treasury STRIPS		0.000	%		02/15/38		6,000,000		3,994,420
U.S. Treasury STRIPS (b)		0.000	%		11/15/38		6,000,000		3,904,405
U.S. Treasury Bonds		3.500	%		02/15/39		235,000		269,240
U.S. Treasury Bonds		1.125	%		08/15/40		9,000,000		7,055,508
U.S. Treasury Bonds		1.375	%		11/15/40		7,000,000		5,722,773
U.S. Treasury STRIPS		0.000	%		08/15/41		1,000,000		586,877
U.S. Treasury Bonds		2.750	%		11/15/42		2,100,000		2,132,648
U.S. Treasury Bonds		3.750	%		11/15/43		3,000,000		3,548,203
U.S. Treasury Bonds		2.250	%		08/15/46		1,780,000		1,664,856
U.S. Treasury Bonds		3.000	%		02/15/48		3,000,000		3,268,477
U.S. Treasury Bonds		2.000	%		02/15/50		4,500,000		4,053,340
U.S. Treasury Bonds		1.250	%		05/15/50		10,000,000		7,458,594
Total Treasury (Cost $96,938,401)								$	87,863,221

Registered Investment Companies - 5.9%	Shares		Fair Value
State Street Institutional Liquid Reserves Fund - Premier Class, 0.27%(f)(g)		9,651,142	$	9,649,211
State Street Navigator Securities Lending Portfolio I, 0.43%(f)(g)		15,351,868		15,351,868
Total Registered Investment Companies (Cost $25,002,040)			$	25,001,079
Total Investment Securities - 103.6% (Cost $463,887,797)			$	438,793,518
Liabilities in Excess of Other Assets - (3.6)%				(15,268,881	)
Net Assets - 100.0%			$	423,524,637

(a)

Variable rate security.  The rate shown is the effective interest rate as of March 31, 2022.  The benchmark on which the rate is calculated is shown parenthetically, if applicable.  Certain variable rate securities are not based on a published rate and spread but are determined by the issuer or agent and may be based on index changes, prerepayment of underlying positions and/or other variables.  These securities do not indicate a reference rate and spread in their description above.

(b)

All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2022 was $14,970,210.

(c)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund’s Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. The total fair value of these securities as of 3/31/2022 was $173,562,269, representing 41.0% of net assets.
(d)	Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of March 31, 2022 was $6,569,001, representing 1.6% of net assets.
(e)	Percentage rounds to less than 0.1%.
(f)	The rate shown is the 7-day effective yield as of March 31, 2022.
(g)	This security was purchased using cash collateral held from securities on loan.

BV -	Besloten Vennootschap
IO -	Interest Only
LIBOR -	London Interbank Offered Rate
NA -	National Association
NV -	Naamloze Vennootschap
plc -	Public Limited Company
PO -	Principal Only
REIT -	Real Estate Investment Trust
SA -	Societe Anonyme
SOFR -	Secured Overnight Financing Rate
UA -	Uitgesloten Aansprakelijkheid