Eric Marshall favors infrastructure stocks whether or not President Trump’s plan to rebuild roads, bridges and airports across the U.S. passes. He says it doesn’t matter who is in office; the U.S. is long overdue for infrastructure spending.
Read source ArticlePerformance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-866-811-0224
Click here for the Hodges Fund performance for the most recent quarter- and calendar year-end. The Hodges Fund seeks long-term capital appreciation.
Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security. Click here for holdings as of most recent quarter-end.
The fund invests in smaller companies, which involves additional risks such as limited liquidity and greater volatility. Investments in foreign securities involve greater volatility and political, economic, and currency risks and differences in accounting methods. The use of options and future contracts have special risks such as unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of securities prices, interest rates, and currency exchange rates. Funds that are non-diversified are more exposed to individual stock volatility than a diversified fund.
Active investing has higher management fees because of the manager’s increased level of involvement while passive investing has lower management and operating fees. Investing in both actively and passively managed mutual funds involves risk and principal loss is possible. Both actively and passively managed mutual funds generally have daily liquidity. There are no guarantees regarding the performance of actively and passively managed mutual funds. Actively managed mutual funds may have higher portfolio turnover than passively managed funds. Excessive turnover can limit returns and can incur capital gains.
Earnings growth is not a measure of the Fund’s future performance.
© 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
The S&P 400 Mid Cap Index serves as a representation of the U.S. mid-cap equities sector and is the most widely followed mid-cap index. To be included in the index, a stock must have a total market capitalization that ranges from roughly $750 million to $3 billion dollars.
The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as a representative of the equity market in general.
One cannot invest directly in an index.
Earnings Per Share (EPS): the portion of a company’s profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company’s profitability.
As of 12/31/2016, the Hodges Fund performance was: 1 year: 39.78%, 5 years: 19.37%, 10 Years: 6.61%; S&P 400 Mid Cap Index performance was: 1 year: 14.61%, 5 years: 14.24%, 10 Years: 9.41%.