Diamond Hill Mid Cap's experienced lead manager continues to ply this strategy's effective intrinsic value approach, but a flurry of recent departures, including assistant manager Jenny Hubbard, introduces some uncertainty. The fund’s share classes drop to a Morningstar Analyst Rating of Silver from Gold.
Diamond Hill Mid Cap Y DHPYX
NAV / 1-Day Return
17.75
/
0.40
%
Total Assets
290.3 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.660%
Expense Ratio
0.660%
Fee Level
Low
Longest Manager Tenure
7.46
years
Category
Mid-Cap Value
Investment Style
Mid ValueMin. Initial Investment
500,000
Status
Open
TTM Yield
0.58%
Turnover
52%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will DHPYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DHPYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DHPYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of DHPYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Despite several recent departures, including an assistant manager, this strategy remains in capable hands.
