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 quantitative formula known as the Cornerstone Mid Cap 30 Formula- (the "Mid Cap 30 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-2.95% 3 years+3.23%
3 months-7.79% 5 years+8.82%
1 year+7.15% Since inception+10.60%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+8.82%+13.28%
Expense ratio1.34%1.09%
Risk 5 year sharpe ratio0.790.99
Net assets$1.1B$2.2B
Average market cap$3.5B$8.2B
Average P/E17.018.2
Portfolio turnover106%106%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureNeil Hennessy / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$250.00


U.S. stock99.29%
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
XPO XPO Logistics Inc3.79%
BLDR Builders FirstSource Inc3.79%
SITE SiteOne Landscape Supply Inc3.74%
PNK Pinnacle Entertainment Inc3.71%
HFC HollyFrontier Corp3.69%
LGIH LGI Homes Inc3.63%
CVI CVR Energy Inc3.62%
AA Alcoa3.57%
THO Thor Industries Inc3.55%
PENN Penn National Gaming Inc3.54%