HJSIX: Hennessy Japan Small Cap Institutional

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HJSIX Hennessy Japan Small Cap Institutional


Profile

HJSIX - Profile

Vitals

  • YTD Return -6.0%
  • 3 Yr Annualized Return 4.1%
  • 5 Yr Annualized Return N/A
  • Net Assets $83.1 M
  • Holdings in Top 10 23.1%

52 WEEK LOW AND HIGH

$14.81
$10.46
$15.93

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.12%

SALES FEES

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

BROKERAGE FEES

  • Turnover 21.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Japan Stock

Distributions

  • YTD Total Return -6.0%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.61%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Hennessy Japan Small Cap Fund
  • Fund Family Name
    Hennessy
  • Inception Date
    Jun 15, 2015
  • Shares Outstanding
    2787676
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tadahiro Fujimura

Fund Description

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of smaller Japanese companies, typically considered to be companies with market capitalizations in the bottom 20% of all publicly traded Japanese companies. The fund's manager considers a Japanese company to be a company organized under the laws of Japan, for which the principal securities trading market is Japan, or that has a majority of its assets or business in Japan.


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Categories

Performance

HJSIX - Performance

Return Ranking - Trailing

Period HJSIX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.0% -65.3% 2.3% 63.64%
1 Yr 5.3% -72.0% 22.9% 72.73%
3 Yr 4.1%* -35.1% 8.3% 51.85%
5 Yr N/A* -23.1% 10.3% 4.76%
10 Yr N/A* -11.7% 13.0% 6.67%

* Annualized

Return Ranking - Calendar

Period HJSIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% -13.1% 24.4% 60.61%
2018 -15.2% -32.8% -6.5% 28.57%
2017 46.8% 19.7% 46.8% 4.00%
2016 4.4% -2.5% 11.7% 28.00%
2015 N/A 3.3% 20.9% N/A

Total Return Ranking - Trailing

Period HJSIX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.0% -65.3% 2.3% 63.64%
1 Yr 5.3% -72.0% 22.9% 72.73%
3 Yr 5.1%* -32.9% 8.3% 37.04%
5 Yr N/A* -20.1% 10.3% 4.76%
10 Yr N/A* -8.7% 13.1% 6.67%

* Annualized

Total Return Ranking - Calendar

Period HJSIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% -13.1% 24.4% 60.61%
2018 -14.9% -32.8% -6.5% 25.00%
2017 50.3% 19.7% 50.3% 4.00%
2016 8.7% -1.5% 11.7% 24.00%
2015 N/A 3.3% 20.9% N/A

NAV & Total Return History


Holdings

HJSIX - Holdings

Concentration Analysis

HJSIX Category Low Category High HJSIX % Rank
Net Assets 83.1 M 1.74 M 1.69 B 51.52%
Number of Holdings 58 26 1764 51.52%
Net Assets in Top 10 18.5 M 651 K 729 M 51.52%
Weighting of Top 10 23.11% 3.2% 57.8% 87.88%

Top 10 Holdings

  1. COSMOS Pharmaceutical Corp 2.51%
  2. COSMOS Pharmaceutical Corp 2.51%
  3. SBS Holdings Inc 2.35%
  4. SBS Holdings Inc 2.35%
  5. Daihen Corp 2.34%
  6. Daihen Corp 2.34%
  7. Digital Garage Inc 2.31%
  8. Elecom Co Ltd 2.31%
  9. Digital Garage Inc 2.31%
  10. Elecom Co Ltd 2.31%

Asset Allocation

Weighting Return Low Return High HJSIX % Rank
Stocks
99.24% 95.19% 105.47% 42.42%
Cash
0.76% -5.48% 4.81% 63.64%
Preferred Stocks
0.00% 0.00% 0.00% 93.94%
Other
0.00% 0.00% 0.00% 93.94%
Convertible Bonds
0.00% 0.00% 0.00% 93.94%
Bonds
0.00% 0.00% 0.00% 93.94%

Expenses

HJSIX - Expenses

Operational Fees

HJSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.12% 0.65% 15.26% 63.64%
Management Fee 0.80% 0.57% 1.15% 87.88%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% 50.00%

Sales Fees

HJSIX 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

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

HJSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 4.00% 82.00% 31.03%

Distributions

HJSIX - Distributions

Dividend Yield Analysis

HJSIX Category Low Category High HJSIX % Rank
Dividend Yield 0.00% 0.00% 1.05% 93.94%

Dividend Distribution Analysis

HJSIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

HJSIX Category Low Category High HJSIX % Rank
Net Income Ratio 0.61% -0.33% 1.91% 54.55%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

HJSIX - Fund Manager Analysis

Managers

Tadahiro Fujimura


Start Date

Tenure

Tenure Rank

Aug 31, 2007

12.67

12.7%

Tadahiro Fujimura, CFA and CMA, has served as the Chief Investment Officer of SPARX since April 2013, served as the head of the Investment & Research Division from April 2010 to December 2015, and is responsible for overseeing Japanese Mid and Small Cap Strategies. Prior to joining SPARX, Mr. Fujimura served as the Chief Portfolio Manager of the small-cap investment team at Nikko Asset Management (formerly Nikko Securities Investment Trust Management Co., Ltd.).

Takenari Okumura


Start Date

Tenure

Tenure Rank

Feb 28, 2020

0.17

0.2%

Takenari Okumura gained a bachelor’s degree from Keio University (Tokyo) in 2008. He is currently the lead portfolio manager of the Japan Small and Mid Cap strategy at SPARX Asset Management. He joined SPARX as a new graduate and has 11 years of investment and financial market experience.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 22.35 5.68 1.63