Hennessy Cornerstone Mid Cap 30 Fund Investor Class (HFMDX)

18.29
Net Asset Value
+0.61%
1 Day
+7.34%
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-3.74% 3 years+18.24%
3 months-7.67% 5 years+16.95%
1 year+13.70% Since inception+11.79%
Data through --

Peer Comparisonvs. Mid-cap blend

 HFMDXCategory
Performance 5-yr return+16.95%+14.91%
Expense ratio1.31%1.24%
Risk 5 year sharpe ratio1.140.96
Net assets$332.4M$1.8B
Average market cap$4.4B$7.3B
Average P/E14.319.8
Portfolio turnover212%212%

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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. stock96.41%
Cash3.59%
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
HBI Hanesbrands Inc5.12%
PPC Pilgrims Pride Corp5.11%
SKX Skechers USA Inc4.74%
HII Huntington Ingalls Industries Inc4.72%
CAR Avis Budget Group Inc4.47%
UHS Universal Health Services Inc Class B4.30%
ALK Alaska Air Group Inc4.18%
VC Visteon Corp3.95%
SPWR SunPower Corp3.95%
ITT ITT Corp3.83%

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