Hennessy Cornerstone Mid Cap 30 Fund Investor Class (HFMDX)

18.58
Net Asset Value
+1.09%
1 Day
-0.64%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
1.31%
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 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-2.00% 3 years+19.23%
3 months+6.04% 5 years+18.82%
1 year+20.42% Since inception+12.16%
Data through --

Peer Comparisonvs. Mid-cap blend

 HFMDXCategory
Performance 5-yr return+18.82%+14.77%
Expense ratio1.31%1.23%
Risk 5 year sharpe ratio1.170.96
Net assets$369.5M$1.7B
Average market cap$5.7B$7.2B
Average P/E17.718.9
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. stock95.66%
Cash4.34%
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
JBLU JetBlue Airways Corp4.32%
CNC Centene Corp3.81%
SEE Sealed Air Corp3.72%
TTWO Take-Two Interactive Software Inc3.62%
AAP Advance Auto Parts Inc3.50%
HNT Health Net Inc3.44%
MHK Mohawk Industries Inc3.42%
RPM RPM International Inc3.33%
NVR NVR Inc3.31%
VAL Valspar Corp3.29%

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