Welcome!

News Feed Item

Hodges Capital Management Introduces Two New Funds

Expanding on a Distinctive Research Process and Core Competency

DALLAS, Jan. 8, 2014 /PRNewswire/ -- Hodges Capital Management (HCM) announced today the addition of two mutual funds to the Hodges family of funds, expanding the firm's ability to serve investors through strategies that take advantage of their extensive research capabilities. The new funds, the Hodges Small Intrinsic Value Fund (HDSVX) and the Hodges Small-Mid Cap Fund (HDSMX), seek to offer investors long-term capital appreciation utilizing the firm's time-tested proprietary bottom-up analysis. Both funds were launched December 26, 2013. 

"We credit our distinctive research process and tenured investment team for our success to date," said Craig Hodges, CEO and Chief Investment Officer of HCM. "We're very proud of our 26-year track record for the flagship multi-cap Hodges Fund (HDPMX). It's given us vast experience evaluating equities across all capitalization sizes. We believe these focused funds will take advantage of specific areas of our expertise and will strengthen and expand our fund family.  As stand-alone strategies, they may help investors who need to further diversify their portfolios."

The HCM investment team manages these funds and conducts the rigorous research for which Hodges is known. "On average, our investment team contacts more than 700 companies each year, eventually narrowing potential investment candidates to 60-80," said Eric Marshall, lead portfolio manager for the Hodges Small Intrinsic Value Fund. "We visit their facilities, meet management and become well-acquainted with their products and growth plans. We believe our expertise and insights into this asset class may provide an advantage for investors seeking value in the small and mid cap spaces."

Specifically, the Hodges Small Intrinsic Value Fund will invest in companies the investment team believes have high intrinsic value; at times including deep value stocks. The fund's benchmark is the Russell 2000 Value. The Hodges Small-Mid Cap Fund will utilize Hodges' core research competencies and vast knowledge of small- and mid-sized public companies with a market capitalization between $2-8 billion. The fund's benchmark is the Russell 2500.

The investment objective for both funds is long-term capital appreciation and a $1,000 minimum investment is required on most platforms.

About Hodges Capital Management
Hodges Capital Management, a Dallas-based investment advisory firm founded in 1989, has a family of seven mutual funds, actively managed by five research analysts and four portfolio managers. In addition to the funds, HCM manages separately managed accounts for many high net worth individuals, trusts, foundations and charitable organizations.

For more information, visit www.hodgesmutualfunds.com  

*Hodges Fund (HDPMX) For Retail Class Shares as of 12-31-2013

Inception Date: 10-09-92




TOTAL RETURN

ANNUALIZED AVERAGE RETURNS

Expense ratio: 1.43%

1 year      

3 year    

5 year   

10 year 

57.24%

16.47%

21.12%

9.40%





*Hodges Small Cap Fund (HDPSX) For Retail Class Shares as of 12-31-2013

Inception Date: 12-18-07




TOTAL RETURN

ANNUALIZED AVERAGE RETURNS

Expense ratio: 1.39%

1 year          

3 year        

5 year         

Since Inception       

45.56%

22.40%

29.75%

13.34%





*Hodges Blue Chip 25 Fund (HDPBX) For Retail Class Shares as of 12-31-2013

Inception Date: 9-10-09






TOTAL RETURN

ANNUALIZED AVERAGE RETURNS

Expense ratio: 2.47%

1 year    

3 year       

Since Inception           


40.21%

16.49%

14.24%






*Hodges Equity Income Fund (HDPEX) For Retail Class Shares as of 12-31-2013

Inception Date: 9-10-09




TOTAL RETURN

ANNUALIZED AVERAGE RETURNS

Expense ratio: 1.68%

1 year        

3 year        

Since Inception      


23.63%

13.04%

14.10%






*Hodges Pure Contrarian Fund (HDPCX) For Retail Class Shares as of 12-31-2013


TOTAL RETURN

ANNUALIZED AVERAGE RETURNS

Expense ratio: 2.54%

Inception Date: 9-10-09




1 year     

3 year

Since Inception 


46.69%

11.37%

16.28%


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 funds 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.hodgesfund.com. The funds impose a 1.00% redemption fee on shares held for thirty days or less. Performance data quoted does not reflect the redemption fee. If reflected, total returns would be reduced.

Diversification does not guarantee a profit or protect from loss in a declining market.

Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. Options and future contracts have the risks of 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. These risks may be greater than risks associated with more traditional investments. 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. Investments in small- and medium-capitalization companies involve additional risks such as limited liquidity and greater volatility. Non-diversified funds may concentrate their assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund may also be invested in companies that demonstrate special situations or turnarounds, meaning that have experienced significant business challenges but are believed to have favorable prospects for recovery.

The funds' investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company and can be obtained by calling 1-866-811-0224. Read it carefully before investing.

Quasar Distributor, LLC, Distributor

Russell 2000® Value Index
The Russell 2000 Value Index measures the performance of small-cap value segment of the U.S. equity universe. It includes those Russell 2000 Index companies with lower price-to-book ratios and lower forecasted growth values.

Russell 2500™ Index
The Russell 2500 Index measures the performance of the small to mid-cap segment of the U.S. equity universe, commonly referred to as "smid" cap. The Russell 2500 is a subset of the Russell 3000® Index. It includes approximately 2500 of the smallest securities based on a combination of their market cap and current index membership.

It is not possible to invest directly in an index.

SOURCE Hodges Capital Management

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
In his session at @DevOpsSummit at 19th Cloud Expo, Robert Doyle, lead architect at eCube Systems, will examine the issues and need for an agile infrastructure and show the advantages of capturing developer knowledge in an exportable file for migration into production. He will introduce the use of NXTmonitor, a next-generation DevOps tool that captures application environments, dependencies and start/stop procedures in a portable configuration file with an easy-to-use GUI. In addition to captu...