HDSVX Performance — Hodges Small Intrinsic Value Fund, Retail Class
Data updated: 2023-08-29
HDSVX returned +11.31% over one year to Jun 2023. The annualised 3-year return is +26.26%. The fund beat its Money Market category average: $100 invested three years ago grew to $201, against $112 for the category, and to $111 over one year, against $105. Volatility over the past three years was 22.27% a year. In the 12 months to Jun 2023 the fund took in a net $32.0M, and assets reached $42.00M.
HDSVX Growth of $100
What $100 invested in Hodges Small Intrinsic Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | HDSVX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $111 | $105 |
| 3 years (Jul 2020 – Jun 2023) | $201 | $112 |
| Since data start (Jan 2020 – Jun 2023) | $152 | $105 |
HDSVX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +11.31% |
| 3 years (annualised) | +26.26% |
HDSVX Annual Returns
Calendar-year total returns of Hodges Small Intrinsic Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +9.56% |
| 2022 | −9.84% |
| 2021 | +44.10% |
| 2020 | +6.61% |
HDSVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +9.6% | −1.2% | −3.8% | −2.6% | −2.5% | +10.7% | — | — | — | — | — | — |
| 2022 | −5.2% | +2.1% | +3.1% | −4.4% | +6.2% | −12.5% | +9.5% | −2.4% | −11.0% | +9.5% | +4.1% | −6.3% |
| 2021 | +4.3% | +13.9% | +7.6% | +2.6% | +4.2% | −1.6% | −2.3% | +0.9% | −1.9% | +6.0% | −1.1% | +5.6% |
| 2020 | −7.9% | −12.6% | −33.2% | +24.9% | +7.7% | +4.2% | +4.5% | +6.9% | −1.0% | +4.1% | +16.3% | +5.7% |
HDSVX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 22.27%
- 3-year Sharpe ratio: 0.98 (vs 4.5% risk-free rate)
- Best month: +16.32% (Nov 2020)
- Worst month: −12.50% (Jun 2022)
HDSVX Fund Flows
Monthly money in and out of Hodges Small Intrinsic Value Fund, from SEC Form N-PORT.
- 12-month net flow: $32.0M
- 12-month gross sales (incl. reinvestments): $28.1M
- Sales ÷ redemptions: -7.18×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $708K | −$199K | $907K |
| May 2023 | $856K | −$353K | $1.2M |
| Apr 2023 | $838K | −$293K | $1.1M |
| Mar 2023 | $2.0M | −$538K | $2.6M |
| Feb 2023 | $574K | −$271K | $845K |
| Jan 2023 | $777K | −$301K | $1.1M |
| Dec 2022 | $2.4M | −$512K | $2.9M |
| Nov 2022 | $18.5M | −$405K | $18.9M |
| Oct 2022 | $295K | −$607K | $901K |
| Sep 2022 | $72K | −$121K | $193K |
| Aug 2022 | $1.1M | −$26K | $1.1M |
| Jul 2022 | $52K | −$289K | $341K |
HDSVX Assets Under Management
Net assets of Hodges Small Intrinsic Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $42.00M |
| 2023-03-31 | $38.38M |
| 2022-12-31 | $34.63M |
| 2022-09-30 | $15.37M |
| 2022-06-30 | $15.52M |
| 2022-03-31 | $17.58M |
| 2021-12-31 | $17.27M |
| 2021-09-30 | $15.96M |
| 2021-06-30 | $17.61M |
| 2021-03-31 | $16.16M |
| 2020-12-31 | $12.79M |
| 2020-09-30 | $11.14M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.