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Hennessy Cornerstone Mid Cap 30 Fund Investor Class (HFMDX)

18.43
Net Asset Value
+0.22%
1 Day
-0.59%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
1.33%
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 mid-cap, growth-oriented stocks by utilizing a highly disciplined, quantitative formula known as the Cornerstone Mid Cap 30 Formula  (the "Formula"). It purchases 30 stocks as dictated by the Formula, weighted equally by dollar amount, with 3.33% of the portfolio's assets invested in each. Using the Formula, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the fall.

Performance

1 month-1.86% 3 years+7.83%
3 months+1.38% 5 years+9.96%
1 year-8.91% Since inception+10.73%
Data through --

Peer Comparisonvs. Mid-cap blend

 HFMDXCategory
Performance 5-yr return+9.96%+7.75%
Expense ratio1.33%1.17%
Risk 5 year sharpe ratio0.680.57
Net assets$1.1B$1.6B
Average market cap$4.4B$6.6B
Average P/E16.916.9
Portfolio turnover5%5%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureNeil Hennessy / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$250.00

Holdings

U.S. stock95.70%
Cash4.30%
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
HA Hawaiian Holdings Inc4.36%
JCP J C Penney Company Inc4.01%
ATO Atmos Energy Corp3.84%
INGR Ingredion Inc3.64%
OMI Owens & Minor Inc3.64%
EXPR Express Inc3.59%
AVY Avery Dennison Corp3.58%
POOL Pool Corp3.49%
NVR NVR Inc3.42%
THG Hanover Insurance Group Inc3.41%

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