About HSVIX
The Hodges Small Intrinsic Value Fund is a mutual fund focused on achieving long-term capital appreciation by investing primarily in small-cap companies trading at prices the manager believes are below their intrinsic value. Employing a deep value investment strategy, the fund typically allocates at least 80% of its assets to small-cap equities, seeking businesses with high intrinsic asset value, low valuation multiples, robust dividend yields, or potential for fundamental turnarounds. While its core holdings are domestic small-cap stocks aligned with the market capitalization range of the Russell 2000 Value Index, the fund may also invest a portion of assets in micro, mid, and large-cap companies, as well as foreign equities, including those in emerging markets. The strategy is grounded in bottom-up research, often targeting mispriced or misunderstood companies that may require a longer time horizon for their value to be recognized. Periodically, the fund will use options, short sales, and other investment instruments to enhance returns or manage risk, and it may experience elevated portfolio turnover as opportunities are evaluated and realized. Overall, the Hodges Small Intrinsic Value Fund plays a specialized role for investors seeking exposure to undervalued, smaller U.S. companies with significant growth or turnaround potential.
Fund Family Hodges
Category Small Value
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol HSVIX
HSVIX had a total return of 9.18% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.39%.
