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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 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.


1 month+9.72% 3 years+8.02%
3 months+3.35% 5 years+13.45%
1 year+1.14% Since inception+10.30%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+13.45%+14.34%
Expense ratio1.33%1.14%
Risk 5 year sharpe ratio0.980.95
Net assets$1.2B$1.7B
Average market cap$6.3B$6.4B
Average P/E17.318.8
Portfolio turnover5%5%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureNeil Hennessy / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$250.00


U.S. stock98.30%
International stock1.70%
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
INGR Ingredion Inc3.32%
HA Hawaiian Holdings Inc3.29%
IPG Interpublic Group of Companies Inc3.26%
SNPS Synopsys Inc3.23%
SNX SYNNEX Corp3.06%
AVY Avery Dennison Corp2.83%
ATO Atmos Energy Corp2.83%
POOL Pool Corp2.76%
TECD Tech Data Corp2.74%
CASY Caseys General Stores Inc2.63%

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