Diamond Hill Small-Mid Cap Fund’s Q1 2022 Investor Letter

Diamond Hill Capital, an investment management firm, published its “Diamond Hill Small-Mid Cap Fund” first-quarter 2022 investor letter – a copy of which can be downloaded here. Amid a rocky market quarter overall, the portfolio’s negative returns still outpaced the Russell 2500 Index by a healthy margin in Q1. From current levels, equity market returns over the next five years are likely to be below historical averages. Try to take some time looking at the fund’s top 5 holdings to be informed about their best picks for 2022.