There are reasons to be 'cautiously optimistic' about the market... CNBC / November 29, 2018
Craig Hodges discusses the market's strengths and weaknesses on CNBC’s Power Lunch. He sees Fed policy following the ebb and flow of the market.
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 12/31/18
At A Glance
- Ticker HDPMX
- Total Net Assets $156.7 Million
- CUSIP 742935109
- Investment Approach Bottom Up, Fundamental
- Typical Cash Position < 10%
- Number of Holdings 33
- Minimum Investment $1,000
Risk Profile
LOW HIGHPerformance
| Returns (%) as of 12/31/2018 | QTD | 1 YR | 3 YR | 5 YR | 10 YR | SI |
|---|---|---|---|---|---|---|
| Hodges Fund | -32.28 | -34.18 | 1.55 | -0.11 | 10.00 | 8.43 |
| S&P 500® Total Return | -13.52 | -4.38 | 9.26 | 8.49 | 13.12 | 9.39 |
| 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 12/31/2018 Top Ten Holdings
| Security | Symbol |
|---|---|
| AMERICAN AIRLINES GROUP INC | AAL |
| BOSTON SCIENTIFIC CORP | BSX |
| COMMERCIAL METALS CO | CMC |
| FLOOR & DECOR HOLDINGS INC | FND |
| AT HOME GROUP INC | HOME |
| SMARTSHEET INC | SMAR |
| TRIUMPH BANCORP INC | TBK |
| TEXAS PACIFIC LAND TRUST | TPL |
| U S CONCRETE INC | USCR |
| UNITED STATES STEEL CORP | X |
| Total | 50.90% |
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
Dow, S&P at 3-week lows CNBC / November 21, 2018
Gary Bradshaw is optimistic about the market and thinks it’s time to play offense. With strong consumer and corporate confidence, he believes we’re in the midst of a correction and potential upcoming catalysts could make the market rally into the end of the year.
The Hodges Brothers Doing It Right Podcast / November 20, 2018
Brothers Craig and Clark Hodges talk with Valerie Sokolosky about running a family business. They talk about growing up together and how their different strengths benefit the firm.
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.