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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

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