Longevity at the firm has been impressive. Its five-year success ratio is 100%, meaning that 100% of the products have both survived and beaten their respective category median. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. Experienced longest-tenured management is a core advantage that Hodges has over peer firms. With 13 years of average asset-weighted tenure across the group, it is clear that they've been put through their paces. Hodges open-end and exchange-traded products are priced, on average, among the second most-expensive quintile of similarly distributed strategies. This higher expense profile of its funds creates a larger performance hurdle and contributes negatively to Hodges's rating.
Key Statistics About Income and Wealth for the U.S. LGBTQ+ Population
Homeownership rates are lower and poverty rates are higher, especially for transgender people and LGBTQ+ people of color.