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Diamond Hill Funds Long-Short Inv DIAMX

Analyst rating as of
NAV / 1-Day Return
27.83  /  1.24 %
Total Assets
2.0 Bil
Adj. Expense Ratio
1.370%
Expense Ratio
1.830%
Fee Level
Average
Longest Manager Tenure
18.35 years
Category
Long-Short Equity
Alt Style Correlation / Relative Volatility
High / High
Min. Initial Investment
2,500
Status
Open
TTM Yield
0.18%
Turnover
65%
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Morningstar’s Analysis

Will DIAMX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Firmwide turnover lessens this fund's appeal.

Analyst

Summary

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Diamond Hill's fundamentally driven approach serves investors well in the firm's long-only strategies, but it doesn't consider the nuances of shorting stocks and long-short portfolio construction. The loss of a comanager and several analysts from the central research team also tempers our confidence, driving Diamond Hill Long-Short's Morningstar Analyst Rating downgrade to Neutral for all but the most expensive C share class, which earns a Negative.

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