HFCGX: Hennessy Cornerstone Growth Fund - MutualFunds.com

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Hennessy Cornerstone Growth Investor

HFCGX - Snapshot

Vitals

  • YTD Return 14.2%
  • 3 Yr Annualized Return -3.3%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $123 M
  • Holdings in Top 10 32.2%

52 WEEK LOW AND HIGH

$23.94
$10.63
$23.94

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.34%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 95.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $250

Fund Classification


Compare HFCGX to Popular U.S. Small-Cap Blend Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$184.02

-0.41%

$91.06 B

0.91%

$1.68

11.10%

-

$88.10

-0.44%

$91.06 B

-

$0.00

11.03%

-

$87.24

-0.79%

$41.70 B

1.35%

$1.19

4.04%

-

$183.59

-0.34%

$40.71 B

1.11%

$2.05

10.82%

-

$36.51

-0.90%

$13.21 B

0.88%

$0.32

4.22%

-

HFCGX - Profile

Distributions

  • YTD Total Return 14.2%
  • 3 Yr Annualized Total Return -3.3%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.07%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Hennessy Cornerstone Growth Fund
  • Fund Family Name
    Hennessy
  • Inception Date
    Nov 01, 1996
  • Shares Outstanding
    5573151
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Neil Hennessy

Fund Description

The fund may invest in any company whose securities are listed on a U.S. national securities exchange and in any foreign company through American Depositary Receipts or other types of depositary receipts, which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. It purchases these 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Growth Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.


HFCGX - Performance

Return Ranking - Trailing

Period HFCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.2% -55.4% 108.2% 5.65%
1 Yr 4.0% -62.6% 18.9% 3.83%
3 Yr -3.3%* -24.8% 9.5% 84.51%
5 Yr 1.8%* -10.7% 12.3% 93.45%
10 Yr 7.8%* -0.7% 12.2% 72.67%

* Annualized

Return Ranking - Calendar

Period HFCGX Return Category Return Low Category Return High Rank in Category (%)
2019 20.7% -54.6% 48.3% 48.17%
2018 -28.2% -67.3% 0.0% 82.18%
2017 16.6% -62.9% 36.3% 4.46%
2016 8.4% -3.5% 34.1% 92.94%
2015 -1.2% -36.2% 0.4% 2.19%

Total Return Ranking - Trailing

Period HFCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.2% -55.4% 108.2% 5.65%
1 Yr 4.0% -64.4% 18.9% 3.69%
3 Yr -3.3%* -25.6% 9.5% 81.17%
5 Yr 1.8%* -11.1% 12.3% 91.52%
10 Yr 7.8%* -0.7% 12.2% 69.84%

* Annualized

Total Return Ranking - Calendar

Period HFCGX Return Category Return Low Category Return High Rank in Category (%)
2019 20.7% -54.6% 48.3% 48.17%
2018 -28.2% -67.1% 0.0% 89.27%
2017 16.6% -17.6% 52.6% 9.78%
2016 8.4% -3.5% 34.1% 96.47%
2015 -1.1% -36.2% 5.3% 6.56%

NAV & Total Return History


HFCGX - Holdings

Concentration Analysis

HFCGX Category Low Category High HFCGX % Rank
Net Assets 123 M 150 K 91.1 B 71.20%
Number of Holdings 53 1 2521 90.66%
Net Assets in Top 10 40 M 47.5 K 3.41 B 58.62%
Weighting of Top 10 32.18% 2.6% 100.0% 14.64%

Top 10 Holdings

  1. Carvana Co Class A 5.03%
  2. Sportsman's Warehouse Holdings Inc 4.72%
  3. JinkoSolar Holding Co Ltd ADR 3.60%
  4. Installed Building Products Inc 2.99%
  5. BMC Stock Holdings Inc 2.98%
  6. Target Corp 2.66%
  7. R1 RCM Inc 2.59%
  8. Best Buy Co Inc 2.55%
  9. Builders FirstSource Inc 2.55%
  10. Williams-Sonoma Inc 2.50%

Asset Allocation

Weighting Return Low Return High HFCGX % Rank
Stocks
98.49% 0.38% 103.77% 47.70%
Cash
1.51% -107.25% 51.09% 51.58%
Preferred Stocks
0.00% 0.00% 9.83% 58.91%
Other
0.00% -0.49% 61.23% 58.62%
Convertible Bonds
0.00% 0.00% 8.73% 57.04%
Bonds
0.00% 0.00% 63.85% 58.91%

Stock Sector Breakdown

Weighting Return Low Return High HFCGX % Rank
Consumer Cyclical
34.13% 1.14% 34.13% 0.29%
Industrials
21.66% 3.43% 45.50% 18.70%
Technology
20.28% 0.00% 43.25% 10.00%
Financial Services
8.19% 0.00% 39.58% 94.93%
Healthcare
4.23% 0.00% 53.90% 94.93%
Basic Materials
3.75% 0.00% 18.52% 62.75%
Energy
3.41% 0.00% 21.41% 10.00%
Consumer Defense
2.70% 0.00% 15.18% 82.90%
Real Estate
1.64% 0.00% 26.04% 92.75%
Utilities
0.00% 0.00% 22.99% 94.49%
Communication Services
0.00% 0.00% 21.56% 95.80%

Stock Geographic Breakdown

Weighting Return Low Return High HFCGX % Rank
US
88.58% 0.38% 102.17% 88.65%
Non US
9.91% 0.00% 31.89% 7.18%

HFCGX - Expenses

Operational Fees

HFCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.01% 11.80% 33.84%
Management Fee 0.74% 0.00% 2.18% 45.98%
12b-1 Fee 0.15% 0.00% 1.00% 25.42%
Administrative Fee N/A 0.01% 0.47% 61.28%

Sales Fees

HFCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HFCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HFCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 95.00% 0.02% 454.00% 80.53%

HFCGX - Distributions

Dividend Yield Analysis

HFCGX Category Low Category High HFCGX % Rank
Dividend Yield 0.00% 0.00% 41.91% 59.89%

Dividend Distribution Analysis

HFCGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

HFCGX Category Low Category High HFCGX % Rank
Net Income Ratio -0.07% -2.00% 2.80% 79.79%

Capital Gain Distribution Analysis

HFCGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

HFCGX - Fund Manager Analysis

Managers

Neil Hennessy


Start Date

Tenure

Tenure Rank

Jul 01, 2000

20.35

20.4%

Mr. Hennessy has been the Chief Executive Officer and Chairman of the Board of Directors of Hennessy Advisors, Inc. since its organization in 1989.

Ryan Kelley


Start Date

Tenure

Tenure Rank

Feb 28, 2017

3.67

3.7%

Kelley has been employed by Hennessy Advisors, Inc. since October 26, 2012. Prior to October 26 2012, Mr. Kelley was employed by FBR Fund Advisers, Inc. Prior to joining the FBR Advisers, Inc. in 2005, he held various positions at FBR, including senior equity analyst in the research department since 2002 and associate in corporate finance for five years prior to 2002. Kelley holds the Chartered Financial Analyst designation.

L. Wein


Start Date

Tenure

Tenure Rank

Feb 28, 2019

1.67

1.7%

Wein joined the Investment Manager in September 2018 until February 2019.Josh previously joined BB&T Asset Management in 2008 and Sterling Capital Management through merger in October 2010. He has investment experience since 1995. Josh is an investment analyst with Sterling's Advisory Solutions team with a focus on alternative investments. Prior to joining BB&T, he worked as a Managing Member of Bellator Capital Partners, a long/short equity fund focused primarily on small and mid-cap equities. He also worked as an Equity Research Associate covering enterprise software companies at First Union Securities. Josh is a graduate of Emory University where he received his BBA in Finance. He received his MBA from Vanderbilt University. He is a CAIA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 48.03 6.4 1.0
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