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.
Will DHPAX 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 DHPAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DHPAX 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 DHPAX’s parent organization’s priorities and whether they’re in line with investors’ interests.