Hodges Fund Retail Class

The Hodges Fund Retail Class is an actively managed mutual fund focused on long-term capital appreciation through investments in common stocks. Distinctive for its flexible mandate, the fund can invest across the full spectrum of market capitalizations—small, mid, and large-cap companies—allowing for broad equity market participation. The fund is generally categorized as mid-cap blend, striking a balance between growth and value investing by selecting stocks that are neither overly growth-oriented nor strictly value-based. Notably, the Hodges Fund Retail Class employs a dynamic investment process, which may include short-sale transactions and the use of options and other derivatives to enhance returns and manage risk. The portfolio typically consists of a concentrated group of holdings, with a significant portion allocated to its top ten positions; recent notable holdings span diverse sectors such as technology, energy, consumer cyclical, and basic materials. The fund’s high portfolio turnover rate underscores its opportunistic approach, seeking to capitalize on market inefficiencies. Since its inception in 1992, it has provided investors with exposure to a wide range of U.S. equities, making it a significant player within the mid-cap blend category for investors pursuing diversified equity growth strategies.