DG Value Funds was up about 1.5% for the fourth quarter. The Legacy Class was up 1.7%, while Class A was up 1.37%, and Class B was up 1.46% for the quarter. For the full year, the Legacy Class was up 8.3%, Class A was up 6.86%, and Class B was up 7.3%. The benchmark HFRI Distressed/ Restructuring Index was down 0.41% for the quarter and up 2.61% for the year.

Contributors and detractors
Credit positions that contributed to DG Value Funds' performance during the fourth quarter include Blueknight, Bowie Resources, Cooke Omega, Isola, Invacare, NSO Group and Turning Point Brands. Equity positions that...



