Hood River New Opportunities Investor (HRNIX)
| Fund Assets | 456.41M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 105.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 18.73 |
| YTD Return | 6.23% |
| 1-Year Return | 41.06% |
| 5-Year Return | n/a |
| 52-Week Low | 9.77 |
| 52-Week High | 19.80 |
| Beta (5Y) | n/a |
| Holdings | 110 |
| Inception Date | n/a |
About HRNIX
The Hood River New Opportunities Fund is a diversified mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of small- and mid-capitalization U.S. companies. Managed by Hood River Capital Management, the fund typically maintains a portfolio of 80 to 120 growth-oriented stocks, with stock selection driven by proprietary, fundamental research. The investment strategy centers on identifying businesses growing at 15% or more and with market capitalizations of $10 billion or less, aiming to uncover opportunities where there is a gap between the fund's earnings estimates and those of Wall Street. The fund's approach is benchmarked against the Russell 2500 Growth Index, reflecting its focus on the small- and mid-cap growth segment. By conducting in-depth analysis and engaging with company managements as well as industry participants, the fund seeks to capitalize on perceived inefficiencies in the market for smaller companies. The Hood River New Opportunities Fund serves investors seeking exposure to dynamic segments of the U.S. equity market through a disciplined and research-driven process, and may be appropriate for those looking to diversify with a focus on growth potential in the small- and mid-cap space.
Performance
HRNIX had a total return of 41.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 51.96%.
Top 10 Holdings
39.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Mount Vernon Liquid Assets Portfolio, LLC | n/a | 12.58% |
| Applied Digital Corporation | APLD | 3.90% |
| First American Treasury Obligations Fund | FXFXX | 3.66% |
| Ondas Inc. | ONDS | 3.39% |
| Dave Inc. | DAVE | 3.32% |
| MasTec, Inc. | MTZ | 3.30% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 2.51% |
| Comfort Systems USA, Inc. | FIX | 2.32% |
| Ciena Corporation | CIEN | 2.17% |
| Insmed Incorporated | INSM | 2.04% |