The Best and Worst Mutual Funds of the Market Correction Kiplinger / March 6, 2019
The Hodges Fund and Hodges Small-Cap Fund were recognized for how they fared in recent market correction among diversified, actively managed mutual funds.
Why invest in the Hodges Fund?
- Core equity fund that invests in publicly traded companies ranging from large,
blue chip companies to undiscovered small cap companies. - Combines multiple investment themes and gives the manager the flexibility to invest where they see value regardless of company size.
as of 03/31/19
At A Glance
- Ticker HDPMX
- Total Net Assets $194.0 Million
- CUSIP 742935109
- Investment Approach Bottom Up, Fundamental
- Typical Cash Position < 10%
- Number of Holdings 34
- Minimum Investment $1,000
Risk Profile
LOW HIGHPerformance
| Returns (%) as of 3/31/2019 | QTD | 1 YR | 3 YR | 5 YR | 10 YR | SI |
|---|---|---|---|---|---|---|
| Hodges Fund | 27.10 | -14.45 | 7.73 | 3.65 | 14.91 | 9.33 |
| S&P 500® Total Return | 13.65 | 9.50 | 13.51 | 10.91 | 15.92 | 9.82 |
| Returns for greater than one year are annualized | Gross Expense Ratio | 1.33 | ||||
| Net Expense Ratio | 1.18* | |||||
Calendar Year
| Returns (%) as of 12/31/2018 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|
| Hodges Fund | -34.18 | 13.83 | 39.78 | -11.48 | 7.30 | 57.24 | 16.07 |
| S&P 500® | -4.38 | 21.83 | 11.96 | 1.38 | 13.69 | 32.39 | 16.00 |
*The Advisor has contractually agreed to reduce its fees at least until July 31, 2019. Investors pay the net expense ratio.
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. Performance data current to the most recent month end may be obtained by calling 1-866-811-0224. The fund imposes a 1.00% redemption fee on retail class shares held less than 30 days and 60 days for institutional class shares. Performance data does not reflect the redemption fee. If reflected, total returns would be reduced.
Additional Resources
Distribution Information
- Record Date:12/12/18
- Ex-Date & Payable Date:12/13/18
- Ordinary Income Rate:Zero
- Short-Term Capital Gains Rate:2.97299/share
- Long-Term Capital Gains Rate:0.19574/share
Holdings
as of 3/31/2019 Top Ten Holdings
| Security | Symbol |
|---|---|
| COMMERCIAL METALS CO | CMC |
| FLOOR & DECOR HLDGS INC | FND |
| MATADOR RES CO | MTDR |
| SMARTSHEET INC | SMAR |
| TEXAS PAC LD TR | TPL |
| TRIUMPH BANCORP INC | TBK |
| TWILIO INC | TWLO |
| TWITTER INC | TWTR |
| U S CONCRETE INC | USCR |
| UNITED STATES STL CORP NEW | X |
| Total | 42.24% |
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Portfolio Managers
|
Craig D. Hodges
|
|
Craig Hodges is co-founder and principal at Dallas based money management firm Hodges Capital Management. Craig and … Read Full Bio |
|
Eric J. Marshall, CFA
|
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Eric J. Marshall, CFA currently serves as the President and Director of Research for Hodges Capital Management. Er … Read Full Bio |
Commentary & News
Craig Hodges' stock picks CNBC / March 5, 2019
Craig Hodges shares his insight on a few stock picks on CNBC’s Markets Now.
Biggest market risks tied to trade, says investor CNBC / February 7, 2019
Following the recent market drop, Craig Hodges sees a lot of opportunities in mispriced and overlooked stocks.
Mutual fund investing involves risk. Principal loss is possible. The fund invests in smaller companies, which involves additional risks such as limited liquidity and greater volatility. The Fund invests in foreign securities which involves greater volatility and political, economic and currency risks and differences in accounting methods. The fund may also make short sales of securities, which involves the risk that losses may exceed the original amount invested.
The Morningstar category listed represents a universe of funds with similar objectives. ©2017 Morningstar, Inc. All Rights Reserved.
The Standard & Poor’s 500 is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. It is not possible to invest directly in an index.