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DG Value Funds presents debt thesis for fish oil company; Long MiMedx

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Michelle deBoer-Jones
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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.

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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...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.