Why invest in the Hodges Small Cap Fund?
- Small cap core fund that focuses on investing in specific growth and value opportunities within the small cap segment (generally market caps up to $4 billion) of the market.
- Seeks companies that are poised to benefit from recent industry consolidation, exhibit pricing power, have high barriers to entry, have strong brand awareness, and undervalued earnings prospects.
- Has a history of better risk adjusted returns than its benchmark, the Russell 2000 since inception.
At A Glance
- Ticker HDPSX
- Total Net Assets $1.30 Billion
- CUSIP 742935299
- Investment Approach Bottom Up, Fundamental
- Typical Cash Position < 10%
- Number of Holdings 68
- Minimum Investment $1000
- Benchmark Russell 2000
Risk ProfileLOW HIGH
|Returns (%) as of 12/31/2016||QTD||1 YR||3 YR||5 YR||10 YR||SI|
|Small Cap Fund||11.47||16.18||3.98||14.58||--||10.14|
|Returns for greater than one year are annualized||Gross Expense Ratio||1.30|
|Returns (%) as of 12/31/2016||2016||2015||2014||2013||2012||2011||2010|
|Small Cap Fund||16.18||-8.75||6.05||45.56||20.67||4.40||34.40|
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: 12/08/16
- Ex-Date & Payable Date: 12/09/16
as of 12/31/2016 Top Ten Holdings
|RSP Permian Inc||RSPP|
|Texas Pacific Land Trust||TPL|
|JetBlue Airways Corp||JBLU|
|Hilltop Holdings Inc||HTH|
|US Concrete Inc||USCR|
|Kapstone Paper & Packaging Corp||KS|
|Legacy Texas Financial Group Inc||LTXB|
|Caseys General Stores Inc||CASY|
|JC Penney Inc||JCP|
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. 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 Russell 2000 Index consists of the smallest 2,000 companies in a group of 3,000 U.S. companies in the Russell 3000 Index, as ranked by market capitalization. You cannot invest directly in an index.