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
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.
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing be...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to o...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Everyone wants to use containers, but monitoring containers is hard. New ephemeral architecture introduces new challenges in how monitoring tools need to monitor and visualize containers, so your team can make sense of everything. In his session at @DevOpsSummit, David Gildeh, co-founder and CEO of Outlyer, will go through the challenges and show there is light at the end of the tunnel if you use the right tools and understand what you need to be monitoring to successfully use containers in your...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Judith Hurwitz is president and CEO of Hurwitz & Associates, a Needham, Mass., research and consulting firm focused on emerging technology, including big data, cognitive computing and governance. She is co-author of the book Cognitive Computing and Big Data Analytics, published in 2015. Her Cloud Expo session, "What Is the Business Imperative for Cognitive Computing?" is scheduled for Wednesday, June 8, at 8:40 a.m. In it, she puts cognitive computing into perspective with its value to the busin...