Hodges Fund Earns 2005 Lipper Performance Award for Consistent Quality and Risk-Adjusted Performance

Strategic Insights -

The Hodges Fund has achieved exceptional success in the multi-cap-core category, earning a 2005 Lipper Performance Award for its consistent quality and risk-adjusted performance over the three-year period ending December 31, 2004. The Reuters Lipper Fund Awards, announced on March 21, 2005, recognize top-performing mutual funds and fund families in 17 countries across Asia, Europe, and the United States. Lipper, a global provider of mutual fund information, tracks over 125,000 funds worldwide.

Key Takeaways:

  • The Hodges Fund (HDPMX) achieved a consistent return score of 18.25% for the three-year period ending December 31, 2004, surpassing its peers in the multi-cap-core category.
  • The fund's investment philosophy focuses on investing in large-, mid- and small-cap companies across various industries, with a unique strategy that blends core-growth, value, and momentum-growth investments.
  • The fund's management team, consisting of father-son duo Don and Craig Hodges, has over 60 years of combined industry experience and employs a distinctive investment approach that provides significant diversification and balance.
  • The Hodges Fund has outperformed its peers in various performance periods, including one-year, three-year, five-year, and ten-year returns, as ranked by Lipper.

Statistics:

  • The Hodges Fund achieved a 12.57% average annual return since its inception on October 9, 1992, through December 31, 2004.
  • One-year performance was +24.45%, five-year performance was +5.46%, and ten-year performance was +13.74% through December 31, 2004.
  • The fund received a 2005 Lipper Performance Award for its consistent quality and risk-adjusted performance.
  • Lipper recognized the Hodges Fund as a top performer in the multi-cap-core category for the quarter ending December 31, 2004, ranking it 1 among 722 funds, 2 among 514 funds, 69 among 347 funds, and 21 among 118 funds.

Sources:

  • Reuters Lipper Fund Awards 2005
  • Lipper, a wholly owned subsidiary of Reuters
  • Lipper, a leading global mutual fund research firm
  • Hodges Capital Management, Inc.
  • First Dallas Securities
  • NASD, SIPC
  • http://www.hodgesfund.com/
  • http://www.lipperweb.com/
  • http://www.nasdaq.com/