Now is the time to buy small caps CNBC / October 3, 2018
Eric Marshall believes the market pullback is healthy and provides buying opportunities, especially in areas like energy, materials and technology.
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 09/30/18
At A Glance
- Ticker HDPMX
- Total Net Assets $245.4 Million
- CUSIP 742935109
- Investment Approach Bottom Up, Fundamental
- Typical Cash Position < 10%
- Number of Holdings 39
- Minimum Investment $1,000
Risk Profile
LOW HIGHPerformance
| Returns (%) as of 9/30/2018 | QTD | 1 YR | 3 YR | 5 YR | 10 YR | SI |
|---|---|---|---|---|---|---|
| Hodges Fund | -1.53 | 8.67 | 14.95 | 10.20 | 10.01 | 10.15 |
| Returns for greater than one year are annualized | Gross Expense Ratio | 1.33 | ||||
| Net Expense Ratio | 1.18* | |||||
Calendar Year
| Returns (%) as of 12/31/2017 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|
| Hodges Fund | 13.83 | 39.78 | -11.48 | 7.30 | 57.24 | 16.07 | -13.42 |
*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:12/7/17
- Ex-Date & Payable Date:12/8/17
- Ordinary Income Rate:Zero
- Short-Term Capital Gains Rate:0.49673/share
- Long-Term Capital Gains Rate:3.09929/share
Holdings
as of 9/30/2018 Top Ten Holdings
| Security | Symbol |
|---|---|
| American Airls Group Inc | AAL |
| At Home Group Inc | HOME |
| Commercial Metals Co | CMC |
| Floor & Decor Hldgs Inc | FND |
| Integrated Device Technology C | IDTI |
| Matador Res Co | MTDR |
| Micron Technology Inc | MU |
| Texas Pac Ld Tr | TPL |
| U S Concrete Inc | USCR |
| United States Stl Corp New | X |
| Total | 50.12 |
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Portfolio Managers
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Craig D. Hodges
|
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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
'I haven't seen a more optimistic bullish time than now', says Hodges CNBC / August 24, 2018
Craig Hodges shares his insight on current market conditions. He thinks the market is in a good spot and sees value in certain areas.
Major averages on pace for 3rd straight month of gains CNBC / June 29, 2018
Eric Marshall sees continued improvement in the market, especially among small-cap domestic companies. He thinks the market pullback creates opportunities for those who focus on individual company fundamentals.
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.
Morningstar Numeric Rankings represent a fund's total return rank relative to all funds that have the same Morningstar Category. Percentile ranking is based on the total number of funds ranked and the Morningstar total return, which includes both income and capital gains or losses and is not adjusted for sales charges or redemption fees. The highest percentile rank is 1 and the lowest is 100.
© 2018 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.