Hennessy Small Cap Financial Fund Institutional Class (HISFX)

15.74
Net Asset Value
+1.48%
1 Day
+8.33%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
1.16%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests at least 80% of its net assets- plus the amount of any borrowings for investment purposes- in securities of small-cap companies "principally engaged" in the business of providing financial services. The fund's manager considers a small-cap company to be one that has a market capitalization of less than $3 billion- measured at the time of purchase. It will not invest more than 5% of its total assets in the equity-related securities of any one company that derives more than 15% of its revenues from brokerage or investment management activities. The fund is non-diversified.

Performance

1 month+1.51% 3 years+13.93%
3 months+1.37% 5 years+12.70%
1 year+11.73% Since inception+11.31%
Data through --

Peer Comparisonvs. Financial

 HISFXCategory
Performance 5-yr return+12.70%+12.74%
Expense ratio1.16%1.72%
Risk 5 year sharpe ratio0.840.84
Net assets$198.7M$500.2M
Average market cap$1.3B$4.0B
Average P/E21.510.1
Portfolio turnover46%46%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureDavid Ellison / 21 Years
Minimal initial investment$250,000.00
Minimum IRA investment--

Holdings

U.S. stock91.57%
Cash6.64%
International stock1.80%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 94.29%
Business service 4.68%
Industrial materials 1.03%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
HIFS Hingham Institution For Savings5.04%
BRKL Brookline Bancorp Inc4.75%
OCFC OceanFirst Financial Corp4.64%
EBSB Meridian Bancorp Inc4.37%
CNOB ConnectOne Bancorp Inc4.33%
BANC Banc of California Inc4.33%
OPB Opus Bank4.28%
FCB FCB Financial Holdings Inc3.91%
BKU BankUnited Inc3.47%
EGBN Eagle Bancorp Inc3.36%