Hodges Institutional
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-5.2%
1 yr return
5.4%
3 Yr Avg Return
-8.3%
5 Yr Avg Return
0.6%
Net Assets
$115 M
Holdings in Top 10
48.4%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 107.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HDPIX - Profile
Distributions
- YTD Total Return -5.2%
- 3 Yr Annualized Total Return -3.2%
- 5 Yr Annualized Total Return 4.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.31%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameHodges Fund
-
Fund Family NameHodges
-
Inception DateDec 12, 2008
-
Shares Outstanding54256
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
The Hodges Fund invests in common stocks of companies of any size market capitalization – small, medium or large. The Hodges Fund’s portfolio managers invest in what could be described as growth and value companies. In selecting investments, the Advisor can also invest where it is deemed appropriate in companies having special situations and whose shares are out of favor, but appear to have prospects for above-average growth and recovery over an extended period of time. Such companies may include companies that are experiencing management changes, for instance.
From time to time, the Fund may engage in short sale transactions with respect to 10% of its net assets. The Fund may also invest in money market instruments and may, from time to time, purchase put and call options on U.S. traded stocks or security indices. The Fund may also sell options and write “covered” put and call options. The Hodges Fund is permitted to invest up to 10% of its net assets in securities futures and options.
The Hodges Fund may also invest in moderate growth stocks whose shares offer a consistent dividend yield and in the stocks of foreign companies, including those in emerging markets, which are U.S. dollar denominated and traded on a domestic national securities exchange, including American Depositary Receipts (“ADRs”) European Depositary Receipts (“EDRs”) and Global Depositary Receipts (“GDRs”).
The Advisor will consider selling a security in the Hodges Fund’s portfolio if that security has become overvalued or has reached its growth potential. In addition, in an attempt to increase the Hodges Fund’s tax efficiency or to satisfy certain tax diversification requirements, the Advisor may take tax considerations into account in deciding whether or when to sell a particular stock. The Hodges Fund’s portfolio turnover could exceed 100% in a given year. A high portfolio turnover may result in the realization and distribution of capital gains, as well as higher transaction costs. The Fund may, from time to time, have significant exposure to one or more sectors of the market. As of March 31, 2022, 26.4% of the Fund’s net assets were invested in securities within the consumer cyclical sector.
HDPIX - Performance
Return Ranking - Trailing
| Period | HDPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.2% | -23.6% | 1956.6% | 92.61% |
| 1 Yr | 5.4% | -66.9% | 2054.7% | 67.15% |
| 3 Yr | -8.3%* | -45.6% | 181.0% | 94.90% |
| 5 Yr | 0.6%* | -31.5% | 94.8% | 73.26% |
| 10 Yr | 7.5%* | -13.6% | 21.5% | 37.42% |
* Annualized
Return Ranking - Calendar
| Period | HDPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 23.3% | -50.2% | 44.9% | 58.07% |
| 2022 | -39.8% | -51.7% | 5.6% | 96.92% |
| 2021 | 6.2% | -21.1% | 34.8% | 89.09% |
| 2020 | 40.3% | -61.7% | 40.3% | 0.22% |
| 2019 | -12.6% | -54.0% | 12.2% | 81.63% |
Total Return Ranking - Trailing
| Period | HDPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.2% | -23.6% | 1956.6% | 92.61% |
| 1 Yr | 5.4% | -66.9% | 2054.7% | 67.15% |
| 3 Yr | -3.2%* | -41.3% | 181.0% | 92.16% |
| 5 Yr | 4.2%* | -24.4% | 94.8% | 83.60% |
| 10 Yr | 9.4%* | -11.4% | 21.5% | 61.35% |
* Annualized
Total Return Ranking - Calendar
| Period | HDPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 23.3% | -50.2% | 44.9% | 58.07% |
| 2022 | -34.2% | -51.7% | 12.2% | 96.72% |
| 2021 | 14.1% | -7.0% | 39.4% | 86.21% |
| 2020 | 40.3% | -61.7% | 40.3% | 0.22% |
| 2019 | -11.2% | -54.0% | 12.2% | 92.09% |
HDPIX - Holdings
Concentration Analysis
| HDPIX | Category Low | Category High | HDPIX % Rank | |
|---|---|---|---|---|
| Net Assets | 115 M | 899 K | 34.4 B | 82.74% |
| Number of Holdings | 40 | 16 | 2584 | 90.04% |
| Net Assets in Top 10 | 36.9 M | 192 K | 7.15 B | 80.25% |
| Weighting of Top 10 | 48.41% | 6.9% | 96.0% | 8.90% |
Top 10 Holdings
- Commercial Metals Co 7.16%
- Texas Pacific Land Trust 6.57%
- US Concrete Inc 4.84%
- Cree Inc 4.65%
- Uber Technologies Inc 4.57%
- Cleveland-Cliffs Inc 4.40%
- Scorpio Tankers Inc 4.39%
- Twitter Inc 4.02%
- American Airlines Group Inc 3.99%
- Exact Sciences Corp 3.80%
Asset Allocation
| Weighting | Return Low | Return High | HDPIX % Rank | |
|---|---|---|---|---|
| Stocks | 105.57% | 82.46% | 117.39% | 0.71% |
| Preferred Stocks | 0.00% | 0.00% | 1.64% | 40.04% |
| Other | 0.00% | -12.49% | 4.82% | 41.64% |
| Convertible Bonds | 0.00% | 0.00% | 0.12% | 34.70% |
| Bonds | 0.00% | 0.00% | 2.13% | 37.72% |
| Cash | -5.57% | -22.20% | 17.54% | 99.47% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HDPIX % Rank | |
|---|---|---|---|---|
| Technology | 25.13% | 0.00% | 58.99% | 80.78% |
| Consumer Cyclical | 19.84% | 0.35% | 58.93% | 4.09% |
| Basic Materials | 18.77% | 0.00% | 18.77% | 0.18% |
| Energy | 13.54% | 0.00% | 47.75% | 1.07% |
| Communication Services | 7.65% | 0.00% | 23.90% | 17.26% |
| Industrials | 7.02% | 0.00% | 35.43% | 91.10% |
| Healthcare | 6.35% | 0.00% | 40.78% | 95.37% |
| Financial Services | 1.71% | 0.00% | 38.56% | 94.13% |
| Utilities | 0.00% | 0.00% | 6.18% | 50.00% |
| Real Estate | 0.00% | 0.00% | 17.76% | 90.57% |
| Consumer Defense | 0.00% | 0.00% | 16.42% | 90.75% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HDPIX % Rank | |
|---|---|---|---|---|
| US | 99.53% | 81.17% | 107.56% | 4.45% |
| Non US | 6.04% | 0.00% | 17.06% | 35.41% |
HDPIX - Expenses
Operational Fees
| HDPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.12% | 0.05% | 27.43% | 51.49% |
| Management Fee | 0.85% | 0.00% | 1.50% | 80.60% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| HDPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| HDPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 1.00% | 2.00% | 78.57% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| HDPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 107.00% | 1.93% | 385.00% | 90.65% |
HDPIX - Distributions
Dividend Yield Analysis
| HDPIX | Category Low | Category High | HDPIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 38.05% | 35.77% |
Dividend Distribution Analysis
| HDPIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| HDPIX | Category Low | Category High | HDPIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.31% | -2.56% | 1.52% | 48.74% |
Capital Gain Distribution Analysis
| HDPIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |