Understanding Edge

Inside the Securitized Market: Consumer Strength, Credit Risk and Hidden Opportunities

From auto loans to home equity lines, Douglas Gimple explains why the securitized market remains a fertile ground for active managers — and how consumer trends, credit enhancements and benchmark gaps are shaping today’s fixed income landscape. (47 min podcast)   DISCLOSURES Bloomberg US Aggregate Bond Index measures the performance of investment grade, fixed-rate taxable bond market and includes government and corporate bonds, agency mortgage-backed, asset-backed and commercial mortgage-backed securities (agency and non-agency).  ABS – Asset-backed securities CLO – Collateralized loan obligations CRE CLO – Commercial real estate collateralized loan obligations CMBS – Commercial mortgage-backed securities Investment Grade is a Bond Quality Rating of AAA, AA, A or BBB. The views expressed are those of the speakers as of November 2025 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

Reflections on Core Plus at One Year

Portfolio Manager Arthur Cheng joins the Understanding Edge podcast to share his career journey, discuss dynamics in the high-yield market and reflect on the first year of Diamond Hill’s Core Plus Strategy. (21 min podcast)   Disclosure S&P 500 Index measures the performance of 500 large companies in the US. Bloomberg US Aggregate Bond Index measures the performance of investment grade, fixed-rate taxable bond market and includes government and corporate bonds, agency mortgage-backed, asset-backed and commercial mortgage-backed securities (agency and non-agency). Investment Grade is a Bond Quality Rating of AAA, AA, A or BBB. Past performance is not a guarantee of future results. Composite results reflect the reinvestment of dividends, capital gains and other earnings when appropriate. Net returns are calculated by reducing the gross returns by the highest stated fee in the composite fee schedule. Only transaction costs are deducted from gross of fees returns. To view a GIPS Report for all composites, click here [https://www.diamond-hill.com/sitefiles/live/documents/composites/GIPS_compliant_presentations.pdf]. The views expressed are those of the speakers as of September 2025 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

Bonds, Yields and Shifting Tides: Mid-Year Market Update

Join us for a timely mid-year webinar where we examine the evolving landscape of interest rates, credit spreads and macroeconomic indicators shaping the bond markets in 2025. With central banks adjusting their course, inflation dynamics shifting and investor sentiment evolving, we’ll explore what these developments mean for fixed income investors.   Key topics will include: * Federal Reserve policy expectations and interest rate trajectories * Geopolitical influences, inflation trends and recession risk assessments * Securitized market dynamics * Strategic investment ideas for the second half of 2025 Whether you're managing portfolios, evaluating fixed income products, or seeking to stay informed, this session will provide actionable insights and forward-looking perspectives to support your investment decisions.

Fiscal Headwinds and Fed Signals: Decoding the Bond Market

Tariffs, Fed shifts and a newly normalized yield curve — Doug Gimple breaks down what fixed income investors need to know heading into the second half of 2025.

Understanding the Impact of Tariffs and Inflation on Fixed Income Markets

Dive into the recent events impacting fixed income markets with Douglas Gimple. Explore topics including the Fed, tariffs and inflation. (24 min podcast)