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Hennessy Cornerstone Mid Cap 30 Fund Investor Class (HFMDX)

20.61
Net Asset Value
+0.49%
1 Day
+10.21%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
1.17%
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.

Performance

1 month-1.29% 3 years+19.19%
3 months+0.44% 5 years+19.06%
1 year+10.27% Since inception+12.82%
Data through --

Peer Comparisonvs. Mid-cap blend

 HFMDXCategory
Performance 5-yr return+19.06%+15.90%
Expense ratio1.17%1.19%
Risk 5 year sharpe ratio1.331.02
Net assets$779.9M$1.7B
Average market cap$6.3B$7.1B
Average P/E19.319.0
Portfolio turnover132%132%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureNeil Hennessy / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$250.00

Holdings

U.S. stock95.53%
Cash4.47%
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
CNC Centene Corp5.05%
JBLU JetBlue Airways Corp5.02%
SKX Skechers USA Inc4.91%
SEE Sealed Air Corp4.08%
MHK Mohawk Industries Inc3.82%
PF Pinnacle Foods Inc3.76%
HNT Health Net Inc3.74%
HDS HD Supply Holdings Inc3.46%
LPNT LifePoint Health Inc3.38%
TTWO Take-Two Interactive Software Inc3.23%

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