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.
Pure Contrarian Fund Morningstar® Ranking
Ranked 1% for 1 year, 94% for 3 years and 45% for 5 years as of 12/31/2016 among 7,777; 6,758 and 6,776 US Equity Funds, respectively, based on total return according to Morningstar.
At A Glance
- Ticker HDPCX
- Total Net Assets $15.8 Million
- CUSIP 742935158
- Investment Approach Bottom Up, Fundamental
- Typical Cash Position < 10%
- Number of Holdings 41
- Minimum Investment $1000
- Benchmark S&P 500
Risk ProfileLOW HIGH
|Returns (%) as of 12/31/2016||QTD||1 YR||3 YR||5 YR||10 YR||SI|
|Pure Contrarian Fund||9.17||70.51||1.00||13.50||--||9.75|
|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.
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
- Record Date: 12/09/15
- Ex-Date & Payable Date: 12/10/15
- Net Investment Income: $0.20906489/share
as of 12/31/2016 Top Ten Holdings
|Controladora Vuela Cia De Avia Sa||VLRS|
|LSB Industries Inc||LXU|
|Comstock Resources Inc||CRK|
|United States Steel Corp||X|
|Lonestar Resources US Inc||LONE|
|Cliffs Natural Resources||CLF|
|Southwestern Energy Co||SWN|
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.
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 S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as a representative of the equity market in general.
One cannot invest directly in an index.
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.
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