Why invest in the Hodges Pure Contrarian Fund?
- Multi Cap fund that employs the contrarian style of investing.
- Combines multiple investment themes and gives the manager the flexibility to invest where they see value regardless of company size.
- Focus on companies that have been beaten down and given up on by Wall Street that present undervalued situations we believe have a good chance of turning around.
At A Glance
- Ticker HDPCX
- Total Net Assets $11.7 Million
- CUSIP 742935158
- Investment Approach Bottom Up, Fundamental
- Typical Cash Position < 10%
- Number of Holdings 33
- Minimum Investment $1000
Risk ProfileLOW HIGH
|Returns (%) as of 3/31/2017||QTD||1 YR||3 YR||5 YR||10 YR||SI|
|Pure Contrarian Fund||-3.63||39.30||0.38||9.29||--||8.88|
|Returns for greater than one year are annualized||Gross Expense Ratio||2.48|
|Net Expense Ratio||1.41*|
|Returns (%) as of 12/31/2016||2016||2015||2014||2013||2012||2011||2010|
|Pure Contrarian Fund||70.51||-36.93||-4.21||46.69||24.65||-24.46||27.54|
*The Advisor has contractually agreed to reduce its fees at least until July 31, 2017. Investors pay the net expense ratio.
Performance data quoted represents past performance and does not guarantee future results. The returns shown were achieved during a period of generally rising market values. Investors should not expect that such favorable returns can be achieved consistently. 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. 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 return would be reduced
- Record Date: 12/09/15
- Ex-Date & Payable Date: 12/10/15
- Net Investment Income: $0.20906489/share
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.
as of 3/31/2017 Top Ten Holdings
|Controladora Vuela Cia De Avia SA||VLRS|
|Comstock Resources, Inc.||CRK|
|Chicos FAS, Inc.||CHS|
|Cliffs Natural Resources, Inc.||CLF|
|Ring Energy, Inc.||REI|
|American Eagle Outfitters||AEO|
|Bank of America Corp.||BAC|
|Cemex SAB De CV||CX|
|Horizon Pharma PLC||HZNP|
Craig D. Hodges
Craig Hodges is co-founder and principal at Dallas based money management firm Hodges Capital Management. Craig and …Read Full Bio
Eric J. Marshall, CFA
Eric J. Marshall, CFA currently serves as the President and Director of Research for Hodges Capital Management. Er …Read Full Bio
Gary Bradshaw, MBA
Gary serves as Senior Vice President of Hodges Capital Management. He is the co-manager of four of the Hodges Funds …Read Full Bio
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. Investments in foreign securities 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 are non-diversified are more exposed to individual stock volatility than a diversified fund.
The Morningstar category listed represents a universe of funds with similar objectives. ©2017 Morningstar, Inc. All Rights Reserved.