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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.44

$68 M

4.30%

$0.56

1.30%

Vitals

YTD Return

-7.9%

1 yr return

14.0%

3 Yr Avg Return

-2.7%

5 Yr Avg Return

7.4%

Net Assets

$68 M

Holdings in Top 10

44.3%

52 WEEK LOW AND HIGH

$13.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 28.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.44

$68 M

4.30%

$0.56

1.30%

HISFX - Profile

Distributions

  • YTD Total Return -7.9%
  • 3 Yr Annualized Total Return -2.7%
  • 5 Yr Annualized Total Return 7.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.31%
DIVIDENDS
  • Dividend Yield 4.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Hennessy Small Cap Financial Fund
  • Fund Family Name
    Hennessy Funds Trust
  • Inception Date
    Oct 31, 2012
  • Shares Outstanding
    1472113
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Ellison

Fund Description

The Fund invests primarily in companies whose securities are listed on U.S. national securities exchanges, including through American Depositary Receipts (“ADRs”), which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges.  The Fund’s investments consist primarily of common stocks.
Under normal circumstances, the Fund invests at least 80% of its net assets in securities of small-cap companies principally engaged in the business of providing financial services.  An issuer is considered principally engaged in the business of providing financial services if at least 50% of its assets, gross income, or net profits are committed to, or derived from, financial services activities.  Financial services activities are activities primarily related to consumer and commercial banking, global payments, insurance, securities and investments, specialty finance, and real estate. Investments may include mortgage banking companies, discount brokerage companies, insurance companies, consumer finance companies, savings and loan associations, savings banks, leasing companies, building and loan associations, cooperative banks, commercial banks, investment companies, other depository institutions, companies in the information technology industries that are primarily engaged in providing products or services to the types of companies listed above, and real estate investment trusts.  The Fund considers a small-cap company to be one that has a market capitalization of less than $3 billion, measured at the time of purchase.
When evaluating securities to purchase, the Portfolio Managers generally look for companies that have low price-to-earnings ratios and low price-to-book ratios relative to other financial services companies.  The Portfolio Managers may choose to sell a security if they believe it has reached an excessive valuation level, when the company’s specific metrics or industry fundamentals deteriorate, or if the investment process identifies a potentially superior investment idea. They may also choose to sell a position when the company’s market capitalization rises above $3 billion.
The Fund 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.
Read More

HISFX - Performance

Return Ranking - Trailing

Period HISFX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.9% -11.0% 17.3% 98.90%
1 Yr 14.0% 7.7% 43.3% 95.60%
3 Yr -2.7%* -20.7% 17.7% 83.52%
5 Yr 7.4%* -5.8% 19.5% 67.03%
10 Yr 4.5%* -1.1% 13.6% 85.14%

* Annualized

Return Ranking - Calendar

Period HISFX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.8% -12.2% 29.3% 87.91%
2022 -19.2% -56.2% 9.4% 56.04%
2021 40.4% 1.6% 54.4% 5.43%
2020 0.8% -41.2% 61.3% 22.83%
2019 14.9% 10.5% 97.3% 95.65%

Total Return Ranking - Trailing

Period HISFX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.9% -11.0% 17.3% 98.90%
1 Yr 14.0% 7.7% 43.3% 95.60%
3 Yr -2.7%* -20.7% 17.7% 83.52%
5 Yr 7.4%* -5.8% 19.5% 67.03%
10 Yr 4.5%* -1.1% 13.6% 85.14%

* Annualized

Total Return Ranking - Calendar

Period HISFX Return Category Return Low Category Return High Rank in Category (%)
2023 4.9% -8.5% 32.0% 74.73%
2022 -10.8% -56.2% 11.4% 31.87%
2021 43.4% 18.8% 56.8% 4.35%
2020 2.9% -41.2% 61.3% 23.91%
2019 20.2% 12.8% 101.7% 86.96%

NAV & Total Return History


HISFX - Holdings

Concentration Analysis

HISFX Category Low Category High HISFX % Rank
Net Assets 68 M 1.03 M 30.3 B 66.67%
Number of Holdings 32 26 412 84.78%
Net Assets in Top 10 27.2 M 456 K 18.4 B 68.48%
Weighting of Top 10 44.25% 18.0% 84.7% 40.22%

Top 10 Holdings

  1. First American Treasury Obligations Fund 5.03%
  2. First American Government Obligations Fund 5.03%
  3. Midland States Bancorp Inc 4.61%
  4. Flushing Financial Corp 4.54%
  5. Texas Capital Bancshares Inc 4.39%
  6. Western New England Bancorp Inc 4.31%
  7. ConnectOne Bancorp Inc 4.13%
  8. Wintrust Financial Corp 4.13%
  9. Associated Banc-Corp 4.11%
  10. BankUnited Inc 3.97%

Asset Allocation

Weighting Return Low Return High HISFX % Rank
Stocks
87.39% 87.39% 107.75% 98.91%
Cash
12.61% -8.24% 32.40% 5.43%
Preferred Stocks
0.00% 0.00% 3.05% 91.30%
Other
0.00% -1.65% 2.20% 86.96%
Convertible Bonds
0.00% 0.00% 0.10% 90.22%
Bonds
0.00% 0.00% 2.83% 92.39%

Stock Sector Breakdown

Weighting Return Low Return High HISFX % Rank
Financial Services
100.00% 46.33% 100.00% 20.65%
Utilities
0.00% 0.00% 5.37% 90.22%
Technology
0.00% 0.00% 43.13% 91.30%
Real Estate
0.00% 0.00% 40.95% 94.57%
Industrials
0.00% 0.00% 5.08% 90.22%
Healthcare
0.00% 0.00% 5.97% 90.22%
Energy
0.00% 0.00% 6.18% 90.22%
Communication Services
0.00% 0.00% 4.06% 90.22%
Consumer Defense
0.00% 0.00% 4.66% 90.22%
Consumer Cyclical
0.00% 0.00% 42.54% 91.30%
Basic Materials
0.00% 0.00% 4.54% 90.22%

Stock Geographic Breakdown

Weighting Return Low Return High HISFX % Rank
US
87.39% 0.00% 106.12% 76.09%
Non US
0.00% 0.00% 99.15% 93.48%

HISFX - Expenses

Operational Fees

HISFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.30% 0.08% 11.17% 46.74%
Management Fee 0.90% 0.03% 1.25% 80.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.34% 35.71%

Sales Fees

HISFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

HISFX 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.

HISFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 3.00% 406.00% 43.21%

HISFX - Distributions

Dividend Yield Analysis

HISFX Category Low Category High HISFX % Rank
Dividend Yield 4.30% 0.00% 12.08% 20.43%

Dividend Distribution Analysis

HISFX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

HISFX Category Low Category High HISFX % Rank
Net Income Ratio 1.31% -0.76% 10.57% 52.17%

Capital Gain Distribution Analysis

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

Distributions History

View More +

HISFX - Fund Manager Analysis

Managers

David Ellison


Start Date

Tenure

Tenure Rank

Jan 03, 1997

25.42

25.4%

David H. Ellison serves as a portfolio manager with Hennessy Advisors, Inc. He has been employed by the Investment Manager since 2012. Prior to that, Mr. Ellison was employed by FBR Fund Advisers, Inc.

Ryan Kelley


Start Date

Tenure

Tenure Rank

Mar 31, 2013

9.17

9.2%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.42 9.67 4.58