Diamond Hill Corporate Credit's benchmark-agnostic, high-conviction approach and its avoidance of the junk-bond market's lowest-quality names make it an atypical proposition within the high-yield bond Morningstar Category. That and a strong, albeit thin, team, support a Morningstar Analyst Rating of Silver for its cheapest share class, while its more expensive classes earn Bronze ratings.
Will DHSTX 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 DHSTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DHSTX 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 DHSTX’s parent organization’s priorities and whether they’re in line with investors’ interests.