Hodges Blue Chip Equity Income Fund (HDPBX)

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The chart shows the growth of an initial investment of $10,000 in Hodges Blue Chip Equity Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Hodges Blue Chip Equity Income Fund (HDPBX) has returned -8.39% so far this year and 17.28% over the past 12 months. Looking at the last ten years, HDPBX has achieved an annualized return of 15.35%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Sep 10, 2009, HDPBX's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, your investment would double in approximately 5.1 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +13.2%, while the worst month was Mar 2020 at -14.4%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, HDPBX closed higher 53% of trading days. The best single day was Dec 11, 2024 with a return of +16.0%, while the worst single day was Mar 16, 2020 at -12.5%.

Hodges Blue Chip Equity Income Fund has an annualized alpha of 2.24%, beta of 0.97, and R² of 0.88 versus S&P 500 Index. Calculated based on daily prices since September 11, 2009.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (98.50%) than losses (88.67%) — typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.24% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.97 and R² of 0.88, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

HDPBX has a high expense ratio of 1.30%, indicating above-average management fees.

HDPBX ranks 45 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Hodges Blue Chip Equity Income Fund (HDPBX) and compare them to a chosen benchmark (S&P 500 Index).

Hodges Blue Chip Equity Income Fund provided a 5.39% dividend yield over the last twelve months, with an annual payout of $1.37 per share.

The table displays the monthly dividend distributions for Hodges Blue Chip Equity Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Hodges Blue Chip Equity Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Hodges Blue Chip Equity Income Fund was 35.10%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.

The current Hodges Blue Chip Equity Income Fund drawdown is 12.48%.

The chart below shows the rolling one-month volatility.