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
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Vulnerability management is vital for large companies that need to secure containers across thousands of hosts, but many struggle to understand how exposed they are when they discover a new high security vulnerability. In his session at 21st Cloud Expo, John Morello, CTO of Twistlock, addressed this pressing concern by introducing the concept of the “Vulnerability Risk Tree API,” which brings all the data together in a simple REST endpoint, allowing companies to easily grasp the severity of the ...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...