Average Annualized Returns
| Expense Ratios | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (%) for Retail Class Shares as of 09/30/2018 | QTD | 1 YR | 3 YR | 5 YR | 10 YR | SI | Inception | Gross | Net |
| Small Cap Fund (HDPSX) | 4.96 | 23.44 | 12.09 | 8.57 | 13.46 | 10.42 | 12/18/07 | 1.30 | -- |
| Hodges Fund (HDPMX) | -1.53 | 8.67 | 14.95 | 10.20 | 10.01 | 10.15 | 10/09/92 | 1.33 | 1.181 |
| Small Intrinsic Value Fund (HDSVX) | 0.56 | 7.35 | 10.69 | -- | -- | 8.89 | 12/26/13 | 1.38 | 1.291 |
| Small-Mid Cap Fund (HDSMX) | 3.79 | 17.34 | 12.25 | -- | -- | 9.00 | 12/26/13 | 1.86 | 1.401 |
| Pure Contrarian Fund (HDPCX)3 | 3.39 | 4.93 | 11.56 | 2.07 | -- | 2.07 | 09/10/09 | 2.47 | 1.401 |
| Blue Chip Equity Fund (HDPBX) | 7.23 | 15.47 | 14.32 | 11.56 | -- | 11.56 | 09/10/09 | 1.45 | 1.301 |
Calendar Year
| Annual Returns (%) | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Small Cap Fund (HDPSX) | 9.19 | 16.18 | -8.75 | 6.05 | 45.56 | 20.67 | 4.40 | 34.40 | 49.22 | -40.62 | -- | -- |
| Hodges Fund (HDPMX) | 13.83 | 39.78 | -11.48 | 7.30 | 57.24 | 16.07 | -13.42 | 21.08 | 36.36 | -49.49 | 8.47 | 17.77 |
| Small Intrinsic Value Fund (HDSVX) | 8.76 | 19.76 | -0.83 | 12.04 | -0.302 | -- | -- | -- | -- | -- | -- | -- |
| Small-Mid Cap Fund (HDSMX) | 9.17 | 21.62 | -0.20 | 5.88 | 0.302 | -- | -- | -- | -- | -- | -- | -- |
| Pure Contrarian Fund (HDPCX)3 | -2.82 | 70.51 | -36.93 | -4.21 | 46.69 | 24.65 | -24.46 | 27.54 | 8.702 | -- | -- | -- |
| Blue Chip Equity Income (HDPBX) | 24.79 | 5.74 | 4.55 | 4.57 | 0.21 | 12.66 | -0.08 | 7.18 | 4.702 | -- | -- | -- |
1The Advisor has contractually agreed to waive fees and expenses through July 31, 2019. Investors pay the net expense ratio.
2Not a full calendar year.
3The returns shown were achieved during a period of generally rising market values. Investors should not expect that such favorable returns can be achieved consistently.
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.
Mutual fund investing involves risk. Principal loss is possible. The Funds may invest in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility. Investments in foreign securities and emerging markets involve greater volatility and political, economic and currency risks and differences in accounting methods. The use of options and future contracts have special risks such as unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of securities prices, interest rates and currency exchange rates. Funds that make short sales of securities involve the risk that losses may exceed the original amount invested. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Funds that are non-diversified are more exposed to individual stock volatility than a diversified fund. Investments in companies that demonstrate special situations or turnarounds, meaning companies that have experienced significant business problems but are believed to have favorable prospects for recovery, involve greater risk.