3 Stock Picks in Unloved Sectors Barron’s / April 4, 2018
For investors willing to do their research, Craig Hodges thinks that there are plenty of value opportunities available. He shares his insight on a few stock picks.
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 03/31/18
At A Glance
- Ticker HDPMX
- Total Net Assets $264.4 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 3/31/2018 | QTD | 1 YR | 3 YR | 5 YR | 10 YR | SI |
|---|---|---|---|---|---|---|
| Hodges Fund | -2.22 | 11.88 | 10.54 | 14.55 | 8.05 | 10.39 |
| Returns for greater than one year are annualized | Gross Expense Ratio | 1.30 | ||||
| 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, 2018. 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 shares held less than 30 days. 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 3/31/2018 Top Ten Holdings
| Security | Symbol |
|---|---|
| Nutanix Inc | NTNX |
| Texas Pac Ld Tr | TPL |
| Micron Technology Inc | MU |
| Ring Energy Inc | REI |
| Commercial Metals Co | CMC |
| United States Stl Corp New | X |
| Eagle Materials Inc | EXP |
| Floor & Decor Hldgs Inc | FND |
| Encore Wire Corp | WIRE |
| American Airls Group Inc | AAL |
| Total | 43.24 |
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Portfolio Managers
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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 |
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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
Hodges Funds’ Best Small-Cap Plays According to Eric Marshall CNBC / March 26, 2018
Eric Marshall sees a lot of opportunities in small-cap stocks, which he believes are very diverse and should be looked at on a case-by-case basis.
Undiscovered Quality in Small and Mid Caps Ticker / February 26, 2018
Craig Hodges highlights the investment philosophy, strategy and process for the Hodges Fund and Hodges Small Cap Fund and provides insight on a few 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.
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.
© 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.