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Diamond Hill Small-Mid Cap Fund is re-opening to new investors

TheShadowTheShadow
in Fund Discussions
https://www.sec.gov/Archives/edgar/data/1032423/000103242323000063/prospectusstickersmall-mid.htm

497 1 prospectusstickersmall-mid.htm 497

DIAMOND HILL FUNDS

Diamond Hill Small-Mid Cap Fund
(All Share Classes)

Supplement Dated October 5, 2023
to the Prospectus dated February 28, 2023

Effective October 5, 2023, the Diamond Hill Small-Mid Cap Fund will re-open to new investors.

Accordingly, effective October 5, 2023, references to the closure of the Diamond Hill Small-Mid Cap Fund on pages 4, 6 and 44 of the Prospectus are removed.


PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
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