Hennessy Cornerstone Mid Cap 30 Fund Investor Class (HFMDX)

19.87
Net Asset Value
+0.20%
1 Day
+16.61%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
1.31%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in medium cap growth-oriented stocks (medium cap companies are companies with a market capitalization of $1 billion to $10 billion) by utilizing a highly disciplined, purely quantitative formula known as the Cornerstone Mid Cap 30 Formula  (the "Formula"). The Formula selects companies which have between $1 billion and $10 billion in market value, and excludes American Depositary Receipts, or "ADRs".

Performance

1 month+1.85% 3 years+21.16%
3 months+5.41% 5 years+19.62%
1 year+34.88% Since inception+12.13%
Data through --

Peer Comparisonvs. Mid-cap blend

 HFMDXCategory
Performance 5-yr return+19.62%+19.76%
Expense ratio1.31%1.24%
Risk 5 year sharpe ratio1.271.07
Net assets$302.5M$1.7B
Average market cap$4.6B$7.8B
Average P/E15.519.3
Portfolio turnover212%212%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureNeil Hennessy / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$250.00

Holdings

U.S. stock94.33%
Cash5.67%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 27.88%
Consumer service 27.41%
Industrial materials 16.41%
Healthcare 9.73%
Business service 6.33%
Top 10 Holdings
Portfolio weighting
CAR Avis Budget Group Inc4.93%
PPC Pilgrims Pride Corp4.26%
HBI Hanesbrands Inc4.24%
SPWR SunPower Corp4.22%
SKX Skechers USA Inc4.05%
ALK Alaska Air Group Inc4.03%
HII Huntington Ingalls Industries Inc3.78%
GNW Genworth Financial Inc3.63%
ITT ITT Corp3.61%
TEN Tenneco Inc3.51%

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