Mutual fund investing involves risk. Principal loss is possible. The Funds may invest in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility. Investments in foreign securities and emerging markets 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 make short sales of securities involve the risk that losses may exceed the original amount invested. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Funds that are non-diversified are more exposed to individual stock volatility than a diversified fund. Investments in companies that demonstrate special situations or turnarounds, meaning companies that have experienced significant business problems but are believed to have favorable prospects for recovery, involve greater risk. While the Hodges Funds are no-load, management and other expenses still apply. Please refer to the prospectus for more information.
Earnings growth is not representative of the fund’s future performance.
Performance 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. The fund imposes a 1.00% redemption fee on shares held less than 30 days. Performance data does not reflect the redemption fee. If reflected, total returns would be reduced.
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Click here for the most recent Hodges Small Cap Fund holdings.
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Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Mega caps are companies with market capitalizations in excess of $200 billion dollars and is represented by the Russell Top 200 index which measures the performance of the 200 largest companies (63% of total market capitalization) in the Russell 1000 Index, with a weighted average market capitalization of $186 billion.
Large caps are companies with market caps that are $10 billion or above and are represented by the S&P 500 and Russell 1000 Indices. S&P 500 is an unmanaged index which is widely regarded as the standard for measuring large-cap U.S. stock market performance. The Russell 1000 Index is an index of approximately 1,000 of the largest companies in the U.S. equity market.
Mid caps are typically defined as companies with market caps that are between $2 billion and $10 billion and is represented by the S&P MidCap 400 Index (S&P 400), which is comprised of 400 companies selected as broadly representative of companies with mid-range market capitalization (market valuation between 200 million and 5 billion).
Small caps are companies with market caps that are less than $2 billion. Russell 2000 Index consists of the smallest 2,000 companies in a group of 3,000 U.S. companies in the Russell 3000 Index, as ranked by market capitalization and serves as a benchmark for small-cap stocks in the United States.
Dow Jones Industrial Average ("Dow") is an unmanaged index of common stocks comprised of major industrial companies and assumes reinvestment of dividends.
One cannot invest in an index.
Free cash flow is the cash a company produces through its operations, less the cost of expenditures on assets.
USMCA is the Agreement between the United States of America, the United Mexican States, and Canada is a signed but not ratified free trade agreement between Canada, Mexico, and the United States.