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Address And Details

2905 Maple Avenue , Dallas, TX 75201
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Hodges Small Cap Fund (the Small Cap Fund) seeks long-term capital appreciation. Under normal market conditions, the Small Cap Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the stocks of small capitalization (small cap) companies. The Small Cap Fund defines small cap companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell 2000 Index. As of the last-reconstitution date, May 8, 2020, the market capitalization of companies in the Russell 2000 Index ranged from $94.8 million to$4.4 billion.The Advisor seeks to buy securities of companies that it believes are undervalued, under-followed and/or offer above-average growth prospects. The remaining 20% of the Funds net assets may be invested in the stocks of micro, mid and/or large capitalization companies, U.S. government securities and other investment companies, including exchange-traded funds (ETFs). Although most of the Funds securities will be domestic, the Fund may invest up to 25% of its net assets in equity securities of foreign issuers, including those in emerging markets, which may include both direct investments and investments in U.S. dollar denominated foreign securities, and in American Depositary Receipts (ADRs), European Depositary Receipts (EDRs) and Global Depositary Receipts (GDRs) consistent with the Funds investment objective. From time to time, the Fund may engage in short sale transactions with respect to 25% of its net assets.The Fund uses a bottom-up approach in investing. The Fund also may invest in money market instruments and may, from time to time,purchase put and call options on U.S. traded stocks, currencies or security indices. The Fund may also sell options purchased and write covered put and call options. The Small Cap Fund is permitted to invest up to 10% of its net assets in securities futures and option.

Net Asset Value

as of 4:58 PM ET 12/07/2021

Performance

  • 1 Week
  • -0.69%
  • 1 Month
  • -8.46%
  • 3 Months
  • -1.08%
  • 1 Yr Return
  • +38.81%
  • 5 Yr Return
  • +23.68%

Equity Sector Breakdown

IndustrialCyclical 20.32%
RetailTrade 17.79%
Technology 13.20%
NonDurables 11.39%
Finance 10.91%
Energy 8.05%
Health 5.25%
ConsumerDurables 3.68%
Utilities 1.04%
Services n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 98.84%
ForeignStocks 4.46%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 186.96 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -10.57 -9.01 -8.18
Beta 1.51 1.47 1.39
R Squared 0.77 0.73 0.71
Std Deviation 31.95 26.46 21.53
Sharpe Ratio 0.68 0.67 n/a

Purchase Information

as of 5:05 PM ET 12/06/2021
Minimum Initial $1000
Minimum Additional $100
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +41.57%
  • +71.23%
+41.57% +71.23%
3 Year
  • +14.52%
  • +10.39%
+14.52% +10.39%
10 Year
  • +12.47%
  • +13.87%
+12.47% +13.87%
Life Of Fund
  • +10.16%
  • +10.41%
+10.16% +10.41%

Top 10 Holdings

Symbol Company Name % Of Assets
TPL TEXAS PACIFIC LAND CORPORATI 6.01%
CMC COMMERCIAL METALS CO 3.33%
EXP EAGLE MATERIALS INC 2.97%
HTH HILLTOP HOLDINGS INC 2.76%
VSTO VISTA OUTDOOR INC 2.72%
BYD BOYD GAMING CORP 2.69%
RH RH 2.58%
CRCT CRICUT INC 2.51%
MTDR MATADOR RESOURCES COMPANY 2.39%
CLF CLEVELAND CLIFFS INC 2.37%

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