HSFNX: Hennessy Small Cap Financial Fund - MutualFunds.com

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Hennessy Small Cap Financial Investor

HSFNX - Snapshot

Vitals

  • YTD Return -1.0%
  • 3 Yr Annualized Return -7.1%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $65.6 M
  • Holdings in Top 10 47.3%

52 WEEK LOW AND HIGH

$22.05
$11.70
$22.36

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.58%

SALES FEES

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

BROKERAGE FEES

  • Turnover 46.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare HSFNX to Popular Financials Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$28.56

-0.35%

$17.15 B

2.10%

$0.60

-7.21%

-

$70.45

-0.48%

$6.26 B

2.26%

$1.60

-7.64%

-

$35.29

-0.56%

$6.26 B

2.26%

$0.80

-7.74%

-

$40.47

-1.46%

$1.56 B

2.57%

$1.06

-14.42%

-

$50.15

-1.53%

$1.24 B

2.77%

$1.41

-13.91%

-

HSFNX - Profile

Distributions

  • YTD Total Return -1.0%
  • 3 Yr Annualized Total Return -7.1%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Hennessy Small Cap Financial Fund
  • Fund Family Name
    Hennessy
  • Inception Date
    Jan 03, 1997
  • Shares Outstanding
    3147417
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Ellison

Fund Description

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of small-cap companies "principally engaged" in the business of providing financial services. The fund's manager considers a small-cap company to be one that has a market capitalization of less than $3 billion, measured at the time of purchase. It 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. The fund is non-diversified.


HSFNX - Performance

Return Ranking - Trailing

Period HSFNX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -42.1% 18.2% 17.48%
1 Yr -16.4% -47.0% 11.5% 53.40%
3 Yr -7.1%* -15.7% 6.9% 67.71%
5 Yr 1.2%* -5.7% 10.5% 80.85%
10 Yr 6.0%* -2.0% 10.7% 71.08%

* Annualized

Return Ranking - Calendar

Period HSFNX Return Category Return Low Category Return High Rank in Category (%)
2019 15.8% 10.5% 35.3% 89.11%
2018 -21.4% -38.6% -4.7% 79.79%
2017 -7.7% -63.0% 29.1% 95.56%
2016 18.2% -14.7% 36.0% 37.35%
2015 4.1% -34.6% 15.9% 17.72%

Total Return Ranking - Trailing

Period HSFNX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -42.1% 18.2% 17.48%
1 Yr -16.4% -47.0% 11.5% 46.60%
3 Yr -7.1%* -15.7% 6.9% 67.71%
5 Yr 1.2%* -5.7% 10.5% 79.79%
10 Yr 6.0%* -2.0% 10.7% 71.08%

* Annualized

Total Return Ranking - Calendar

Period HSFNX Return Category Return Low Category Return High Rank in Category (%)
2019 15.8% 10.5% 35.3% 89.11%
2018 -21.1% -36.1% -4.7% 77.66%
2017 -0.2% -9.3% 30.0% 94.44%
2016 33.6% -14.7% 37.9% 8.43%
2015 11.6% -17.1% 15.9% 11.39%

NAV & Total Return History


HSFNX - Holdings

Concentration Analysis

HSFNX Category Low Category High HSFNX % Rank
Net Assets 65.6 M 330 K 17.2 B 62.62%
Number of Holdings 31 20 413 86.67%
Net Assets in Top 10 25.8 M 265 K 9 B 64.76%
Weighting of Top 10 47.25% 16.3% 82.4% 37.14%

Top 10 Holdings

  1. Synovus Financial Corp 5.22%
  2. Alliance Data Systems Corp 4.99%
  3. CIT Group Inc 4.86%
  4. Texas Capital Bancshares Inc 4.84%
  5. Hancock Whitney Corp 4.81%
  6. Berkshire Hills Bancorp Inc 4.80%
  7. Wintrust Financial Corp 4.76%
  8. Pacific Premier Bancorp Inc 4.60%
  9. First Midwest Bancorp Inc 4.45%
  10. PennyMac Financial Services Inc Class A 4.31%

Asset Allocation

Weighting Return Low Return High HSFNX % Rank
Stocks
99.35% 54.95% 100.03% 53.33%
Cash
0.64% -1.74% 8.14% 43.81%
Preferred Stocks
0.00% 0.00% 12.76% 82.86%
Other
0.00% -0.37% 1.99% 86.67%
Convertible Bonds
0.00% 0.00% 0.61% 82.86%
Bonds
0.00% -0.57% 39.72% 83.81%

Stock Sector Breakdown

Weighting Return Low Return High HSFNX % Rank
Financial Services
100.00% 31.83% 100.00% 23.81%
Utilities
0.00% 0.00% 0.11% 82.86%
Technology
0.00% 0.00% 28.47% 89.52%
Real Estate
0.00% 0.00% 35.37% 93.33%
Industrials
0.00% 0.00% 9.71% 88.57%
Healthcare
0.00% 0.00% 4.56% 82.86%
Energy
0.00% 0.00% 0.02% 82.86%
Communication Services
0.00% 0.00% 4.35% 83.81%
Consumer Defense
0.00% 0.00% 2.86% 82.86%
Consumer Cyclical
0.00% 0.00% 56.96% 90.48%
Basic Materials
0.00% 0.00% 4.44% 83.81%

Stock Geographic Breakdown

Weighting Return Low Return High HSFNX % Rank
US
95.30% 0.00% 100.00% 36.19%
Non US
4.05% 0.00% 98.35% 58.10%

HSFNX - Expenses

Operational Fees

HSFNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.58% 0.08% 4.21% 31.07%
Management Fee 0.90% 0.00% 1.25% 83.18%
12b-1 Fee 0.15% 0.00% 1.00% 32.69%
Administrative Fee N/A 0.10% 0.25% 32.14%

Sales Fees

HSFNX 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

HSFNX 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.

HSFNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.00% 4.00% 360.00% 77.23%

HSFNX - Distributions

Dividend Yield Analysis

HSFNX Category Low Category High HSFNX % Rank
Dividend Yield 0.00% 0.00% 9.93% 88.79%

Dividend Distribution Analysis

HSFNX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Monthly Quarterly

Net Income Ratio Analysis

HSFNX Category Low Category High HSFNX % Rank
Net Income Ratio 0.47% -2.04% 9.95% 83.81%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

HSFNX - Fund Manager Analysis

Managers

David Ellison


Start Date

Tenure

Tenure Rank

Jan 03, 1997

23.84

23.8%

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

7.59

7.6%

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
0.18 23.84 6.69 0.54
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