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Diamond Hill Small-Mid Cap Inv DHMAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Diamond Hill Investment Hub

Morningstar’s Analysis DHMAX

Will DHMAX 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 DHMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DHMAX 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 DHMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Diamond Hill Small-Mid Cap Reopens to New Investors After Seven Years

null Dan Culloton

Dan Culloton

Analyst Note

Diamond Hill Small-Mid Cap DHMIX reopened to new investors Thursday, Oct. 5, 2023, after being closed for seven years. Its pillar ratings and overall Morningstar Medalist Ratings remain unchanged. The fund has trailed small- and mid-cap core and value categories and indexes since it closed to new investors in May 2016. Since 2018, the fund has seen $955 million in net outflows, and assets have fallen from an August 2018 peak of more than $2.5 billion to about $1.9 billion as of August 2023.

by Dan Culloton
Published on

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