These stock plays are bargains CNBC / September 1, 2017
Craig Hodges sees healthy signs in this narrow market. He believes there are a lot of opportunities and shares his insight on a couple of value 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 06/30/17
At A Glance
- Ticker HDPMX
- Total Net Assets $273.4 Million
- CUSIP 742935109
- Investment Approach Bottom Up, Fundamental
- Typical Cash Position < 10%
- Number of Holdings 48
- Minimum Investment $250
Risk Profile
LOW HIGHPerformance
| Returns (%) as of 6/30/2017 | QTD | 1 YR | 3 YR | 5 YR | 10 YR | SI |
|---|---|---|---|---|---|---|
| Hodges Fund | -2.85 | 21.63 | 4.69 | 17.17 | 4.98 | 10.09 |
| Returns for greater than one year are annualized | Gross Expense Ratio | 1.30 | ||||
| Net Expense Ratio | 1.18* | |||||
Calendar Year
| Returns (%) as of 12/31/2016 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|
| Hodges Fund | 39.78 | -11.48 | 7.30 | 57.24 | 16.07 | -13.42 | 21.08 |
*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: 12/09/15
- Ex-Date & Payable Date: 12/10/15
- Net Investment Income: $0.34890293/share
There was no distribution in 2016.
Holdings
as of 6/30/2017 Top Ten Holdings
| Security | Symbol |
|---|---|
| Gogo, Inc. | GOGO |
| Texas Pacific Land Trust | TPL |
| Nutanix Inc. | NTNX |
| JC Penney, Inc. | JCP |
| Square Inc. | SQ |
| Facebook, Inc. | FB |
| Controladora Vuela Cia De Avia SA | VLRS |
| Amplify Snack Brands | BETR |
| Matador Resources Co. | MTDR |
| American Airlines Group, Inc | AAL |
| Total | 41.45% |
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
Will US market benefit from tax reform? Fox Business / August 7, 2017
Craig Hodges says the market has been resilient despite the lack of progress with US tax reform. He sees tax reform as game-changer for the economy and stock market, especially small-cap companies.
This has been an incredibly narrow market CNBC / August 1, 2017
As the Dow hovers near a record 22,000, Craig Hodges says it’s been an incredibly narrow market with mispriced stocks and what he sees as disconnects. He thinks the rotation out of the momentum stocks and into some of the laggards is healthy.
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.