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Hennessy Cornerstone Mid Cap 30 Fund Investor Class (HFMDX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
Expense Ratio
Above 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.


1 month+2.73% 3 years+4.77%
3 months+3.03% 5 years+13.07%
1 year+11.24% Since inception+10.68%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+13.07%+11.50%
Expense ratio1.35%1.12%
Risk 5 year sharpe ratio1.001.17
Net assets$1.0B$2.0B
Average market cap$4.5B$7.1B
Average P/E20.321.4
Portfolio turnover108%108%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureNeil Hennessy / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$250.00


U.S. stock96.59%
International stock0.00%
Fixed income0.00%
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
SANM Sanmina Corp4.22%
HUN Huntsman Corp4.16%
KMT Kennametal Inc3.99%
BCO Brinks Co3.89%
ON ON Semiconductor Corp3.82%
UNM Unum Group3.81%
NCR NCR Corp3.75%
CDW CDW Corp3.70%
WCG WellCare Health Plans Inc3.55%
TTMI TTM Technologies Inc3.53%