Risk Profile
LOW HIGH| Returns (%) as of 3/31/2022 | QTD | 1 YR | 3 YR | 5 YR | 10 YR | SI |
|---|---|---|---|---|---|---|
| Hodges Fund | -3.90 | 2.70 | 16.00 | 8.36 | 12.52 | 9.99 |
| S&P 500® | -4.60 | 15.65 | 18.92 | 15.99 | 14.64 | 10.72 |
| Returns for greater than one year are annualized | Gross Expense Ratio | 1.41 | ||||
| Net Expense Ratio | 1.171 | |||||
| Returns (%) as of 12/31/2021 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|
| Hodges Fund | 29.50 | 29.58 | 23.02 | -34.18 | 13.83 | 39.78 | -11.48 | 7.30 |
| S&P 500® | 28.71 | 18.40 | 31.49 | -4.38 | 21.83 | 11.96 | 1.38 | 13.69 |
1 The Advisor has contractually agreed to reduce its fees at least until July 31, 2023.
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 (866) 811 0224, or visiting www.hodgesfunds.com for quarterly performance. The fun imposes a 1.00% redemption fee on retail class shares held less than 30 days. Performance data does not reflect the redemption fee. If reflected, total return would be reduced. Performance reflected is net of all other fees and expenses.
| Security | Ticker |
| CLEVELAND-CLIFFS INC | CLF |
| MATADOR RESOURCES CO | MTDR |
| TEXAS PACIFIC LAND CORP | TPL |
| FREEPORT-MCMORAN INC | FCX |
| CHESAPEAKE ENERGY CORP | CHK |
| CALLAWAY GOLF CO | ELY |
| UBER TECHNOLOGIES INC | UBER |
| ON SEMICONDUCTOR | ON |
| COMMERCIAL METALS CO | CMC |
| FRONTIER GROUP HOLDINGS | ULCC |
| Total | 41.39% |
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.
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Craig D. Hodges
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Craig Hodges is co-founder and principal of the Dallas based money management firm Hodges Capital Management. Craig … Read Full Bio |
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Eric J. Marshall, CFA
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Eric J. Marshall, CFA, currently serves as President, Co-Chief Investment Officer, and Director of Research for Hod … Read Full Bio |
Volatility once again returned to U.S. stocks in the First Quarter of 2022, as global economic uncertainty arose from inflationary pressures, supply chain challenges, and the Russian invasion of Ukraine. Despite eye-popping inflation numbers and the likelihood of several interest rate increases this year, the S&P 500 Index posted a modest loss of 4.6% in the recent quarter.
Although every year has its unique challenges, 2021 had no shortages of uncertainties to navigate, including an ongoing global pandemic, supply chain disruptions, port congestion, labor shortages, inflationary cost pressures, and a polarizing political backdrop. Nevertheless, the market climbed another wall of worry as an abundance of liquidity found its way into U.S. equities as well as most asset classes in 2021.
Estimated capital gains for Hodges Fund, Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small Intrinsic Fund.
Mutual fund investing involves risk. Principal loss is possible. Hodges Capital Management (HCM) is the adviser to the Hodges Funds, which are distributed by Quasar Distributors, LLC. -The funds' investment objectives, risks, charges, and expenses must be considered carefully before investing. The summary and statutory prospectuses contain this and other information about the investment company and can be found on this web page or by calling 1-866-811-0224.
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.