Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 04/17/2024

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

Hennessy Energy Transition Fund

HNRIX | Fund

$26.96

$14.3 M

0.66%

$0.18

2.08%

Vitals

YTD Return

11.4%

1 yr return

18.3%

3 Yr Avg Return

27.6%

5 Yr Avg Return

11.4%

Net Assets

$14.3 M

Holdings in Top 10

55.0%

52 WEEK LOW AND HIGH

$27.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.08%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 74.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$250,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/17/2024

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

Hennessy Energy Transition Fund

HNRIX | Fund

$26.96

$14.3 M

0.66%

$0.18

2.08%

HNRIX - Profile

Distributions

  • YTD Total Return 11.4%
  • 3 Yr Annualized Total Return 27.6%
  • 5 Yr Annualized Total Return 11.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.44%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Hennessy Energy Transition Fund
  • Fund Family Name
    Hennessy Funds Trust
  • Inception Date
    Dec 31, 2013
  • Shares Outstanding
    621864
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Benton Cook

Fund Description

The Fund invests 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. Investments consist primarily of common stocks. The Fund may also invest up to 25% of its total assets in securities of energy-related master limited partnerships (“MLPs”). As a non-principal investment strategy, the Fund may also invest in securities such as preferred stocks, warrants, equity-like instruments, and debt instruments. With respect to up to 10% of its total assets, the Fund may invest in high-yield debt securities, preferred shares, and convertible securities (commonly referred to as “junk securities”). The Fund invests without regard to market capitalization.
Under normal circumstances, the Fund invests at least 80% of its net assets in companies operating in the United States across the full spectrum of the energy supply/demand value chain, including traditional upstream, midstream, and downstream energy companies, as well as renewable energy companies and energy end users.
The Portfolio Managers use a proprietary research and investment process that involves fundamental and quantitative analysis of various macroeconomic and commodity price and other factors to select the Fund’s investments and determine the weighting of each investment. The Portfolio Managers may sell all or a portion of a position of the Fund’s portfolio holding for a number of reasons, including (1) the issuer’s fundamentals deteriorating, (2) the parameters established for the security’s profits or losses being realized, or (3) the Fund requiring cash to meet redemption requests.
Read More

HNRIX - Performance

Return Ranking - Trailing

Period HNRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.4% -19.6% 16.2% 34.33%
1 Yr 18.3% -31.9% 31.7% 14.93%
3 Yr 27.6%* -17.4% 38.9% 35.82%
5 Yr 11.4%* -4.5% 15.6% 32.84%
10 Yr N/A* -13.9% 13.4% N/A

* Annualized

Return Ranking - Calendar

Period HNRIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.1% -12.5% 12.1% 13.43%
2022 46.9% -9.1% 88.5% 38.81%
2021 37.8% -16.7% 94.8% 60.29%
2020 -25.6% -47.8% 225.8% 17.65%
2019 5.8% -18.0% 61.0% 30.88%

Total Return Ranking - Trailing

Period HNRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.4% -19.6% 16.2% 34.33%
1 Yr 18.3% -31.9% 31.7% 14.93%
3 Yr 27.6%* -17.4% 38.9% 35.82%
5 Yr 11.4%* -4.5% 15.6% 32.84%
10 Yr N/A* -13.9% 13.4% N/A

* Annualized

Total Return Ranking - Calendar

Period HNRIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.1% -11.5% 14.4% 26.87%
2022 48.0% -8.0% 88.5% 46.27%
2021 56.0% -15.7% 98.4% 19.12%
2020 -25.6% -44.2% 225.8% 23.53%
2019 6.1% -16.5% 63.2% 52.94%

NAV & Total Return History

HNRIX - Holdings

Concentration Analysis

HNRIX Category Low Category High HNRIX % Rank
Net Assets 14.3 M 5.1 M 35.8 B 91.30%
Number of Holdings 24 24 217 100.00%
Net Assets in Top 10 7.78 M 2.02 M 27.3 B 97.10%
Weighting of Top 10 54.99% 27.8% 75.6% 57.97%

Top 10 Holdings

  1. Suncor Energy Inc 5.92%
  2. Antero Resources Corp 5.80%
  3. Canadian Natural Resources Ltd 5.79%
  4. ConocoPhillips 5.73%
  5. Cheniere Energy Inc 5.68%
  6. Pioneer Natural Resources Co 5.53%
  7. Chevron Corp 5.38%
  8. EOG Resources Inc 5.26%
  9. Diamondback Energy Inc 5.02%
  10. Freeport-McMoRan Inc 4.89%

Asset Allocation

Weighting Return Low Return High HNRIX % Rank
Stocks 		97.58% 70.58% 100.03% 84.06%
Cash 		2.42% 0.00% 30.67% 28.99%
Preferred Stocks 		0.00% 0.00% 1.29% 66.67%
Other 		0.00% -0.02% 29.47% 68.12%
Convertible Bonds 		0.00% 0.00% 0.00% 65.22%
Bonds 		0.00% 0.00% 7.44% 69.57%

Stock Sector Breakdown

Weighting Return Low Return High HNRIX % Rank
Energy 		91.54% 0.00% 100.00% 63.77%
Basic Materials 		4.36% 0.00% 17.92% 7.25%
Utilities 		4.09% 0.00% 39.83% 23.19%
Technology 		0.00% 0.00% 35.01% 78.26%
Real Estate 		0.00% 0.00% 10.91% 69.57%
Industrials 		0.00% 0.00% 25.16% 82.61%
Healthcare 		0.00% 0.00% 0.00% 65.22%
Financial Services 		0.00% 0.00% 0.41% 68.12%
Communication Services 		0.00% 0.00% 2.65% 65.22%
Consumer Defense 		0.00% 0.00% 1.54% 72.46%
Consumer Cyclical 		0.00% 0.00% 6.59% 72.46%

Stock Geographic Breakdown

Weighting Return Low Return High HNRIX % Rank
US 		97.58% 40.17% 99.99% 40.58%
Non US 		0.00% 0.00% 59.86% 81.16%

HNRIX - Expenses

Operational Fees

HNRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.08% 0.08% 2.84% 11.59%
Management Fee 1.25% 0.00% 1.25% 100.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.06% 0.25% N/A

Sales Fees

HNRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

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

HNRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 5.00% 382.00% 66.67%

HNRIX - Distributions

Dividend Yield Analysis

HNRIX Category Low Category High HNRIX % Rank
Dividend Yield 0.66% 0.00% 6.63% 97.10%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

HNRIX Category Low Category High HNRIX % Rank
Net Income Ratio 0.44% -1.80% 4.54% 86.96%

Capital Gain Distribution Analysis

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

Distributions History

View More +

HNRIX - Fund Manager Analysis

Managers

Benton Cook

Start Date

Tenure

Tenure Rank

Sep 05, 2019

2.74

2.7%

Benton Cook, CFA, Portfolio Manager, joined BP Capital Fund Advisors in June 2017, where he serves as a member of the Investment Committee. Prior to joining the team, Mr. Cook was a Portfolio Manager with Mariner Investment Group (2016 – 2017), and before that he was a Portfolio Manager with A.G. Hill Partners (2009 – 2015) and Opsis Capital Management (2005 -2009). Mr. Cook previously held positions as a Senior Analyst with Carlson Capital and as an Equity Research Analyst with Raymond James. Mr. Cook has an MBA in Finance from the University of Texas at Austin and a BA in Economics from Johns Hopkins University. He is also a CFA charter holder and member of the Chartered Financial Analyst Institute.

L. Wein

Start Date

Tenure

Tenure Rank

Jan 31, 2022

0.33

0.3%

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
0.33 24.18 6.97 0.54

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.