The managers on Diamond Hill Long-Short have taken steps to improve its short-selling approach, but it hasn't yet matched the firm's well-regarded efforts on the long-only side. Still-recent team changes also temper expectations for now, holding its Morningstar Analyst Rating at Neutral for all share classes.
Will DIAMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DIAMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DIAMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DIAMX’s parent organization’s priorities and whether they’re in line with investors’ interests.