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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

$21.55

$7.63 M

0.05%

$0.01

3.17%

Vitals

YTD Return

7.1%

1 yr return

29.8%

3 Yr Avg Return

4.6%

5 Yr Avg Return

11.8%

Net Assets

$7.63 M

Holdings in Top 10

18.8%

52 WEEK LOW AND HIGH

$21.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 200.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$250


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

$21.55

$7.63 M

0.05%

$0.01

3.17%

HTECX - Profile

Distributions

  • YTD Total Return 7.1%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return 11.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.08%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Hennessy Technology Fund
  • Fund Family Name
    Hennessy Funds Trust
  • Inception Date
    Oct 31, 2012
  • Shares Outstanding
    282980
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ryan Kelley

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.
Under normal circumstances, the Fund invests at least 80% of its net assets in securities of companies that are principally engaged in the research, design, development, manufacturing, or distributing of products or services in the technology industry. Potential investments include, but are not limited to, the following sub-industries: IT consulting and other services, internet services and infrastructure, application software, systems software, communications equipment, technology hardware, storage and peripherals, electronic equipment and instruments, electronic components, electronic manufacturing services, technology distributors, semiconductor materials and equipment, semiconductors, interactive home entertainment, and interactive media and services.
From the investable common stocks of public companies in the S&P Capital IQ Database with market capitalizations exceeding $175 million, the portfolio management team identifies approximately 60 stocks (weighted equally by dollar amount) with the following attributes:
Sector-leading cash flows and profits
History of delivering returns in excess of cost of capital
Attractive relative valuation
Ability to generate cash
Attractive balance sheet risk profile
Prospects for sustainable profitability
The universe of stocks is re-screened and the portfolio is rebalanced approximately on a monthly basis.
Read More

HTECX - Performance

Return Ranking - Trailing

Period HTECX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% -15.0% 28.6% 78.85%
1 Yr 29.8% -16.7% 81.1% 83.26%
3 Yr 4.6%* -30.8% 29.1% 68.16%
5 Yr 11.8%* -9.7% 35.6% 79.40%
10 Yr 10.5%* 0.3% 27.6% 91.33%

* Annualized

Return Ranking - Calendar

Period HTECX Return Category Return Low Category Return High Rank in Category (%)
2023 35.9% -5.6% 96.9% 68.58%
2022 -26.3% -73.9% -16.4% 4.48%
2021 -15.1% -44.6% 51.5% 86.94%
2020 20.2% 5.5% 154.1% 94.71%
2019 35.4% -3.0% 63.7% 43.43%

Total Return Ranking - Trailing

Period HTECX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% -15.0% 28.6% 78.85%
1 Yr 29.8% -16.7% 81.1% 83.26%
3 Yr 4.6%* -30.8% 29.1% 68.16%
5 Yr 11.8%* -9.7% 35.6% 79.40%
10 Yr 10.5%* 0.3% 27.6% 91.33%

* Annualized

Total Return Ranking - Calendar

Period HTECX Return Category Return Low Category Return High Rank in Category (%)
2023 35.9% -2.3% 96.9% 76.99%
2022 -26.3% -67.5% -5.9% 7.62%
2021 13.4% -17.8% 59.2% 63.51%
2020 24.7% 17.5% 157.5% 97.12%
2019 39.1% 7.5% 66.9% 50.51%

NAV & Total Return History


HTECX - Holdings

Concentration Analysis

HTECX Category Low Category High HTECX % Rank
Net Assets 7.63 M 4.18 M 58.1 B 98.68%
Number of Holdings 61 10 319 48.68%
Net Assets in Top 10 1.42 M 1.23 M 40.5 B 99.56%
Weighting of Top 10 18.75% 11.5% 100.0% 97.37%

Top 10 Holdings

  1. NVIDIA Corp 2.07%
  2. ASML Holding NV 1.94%
  3. Sanmina Corp 1.91%
  4. CommVault Systems Inc 1.90%
  5. Crowdstrike Holdings Inc 1.87%
  6. Palo Alto Networks Inc 1.86%
  7. Unisys Corp 1.85%
  8. International Business Machines Corp 1.79%
  9. Atlassian Corp 1.78%
  10. ServiceNow Inc 1.78%

Asset Allocation

Weighting Return Low Return High HTECX % Rank
Stocks
99.08% 0.00% 103.06% 74.56%
Cash
1.24% -0.14% 26.97% 28.51%
Preferred Stocks
0.00% 0.00% 7.72% 60.53%
Other
0.00% -0.04% 26.87% 57.46%
Convertible Bonds
0.00% 0.00% 0.40% 52.63%
Bonds
0.00% 0.00% 90.88% 52.19%

Stock Sector Breakdown

Weighting Return Low Return High HTECX % Rank
Technology
83.88% 2.80% 100.00% 18.86%
Consumer Cyclical
5.75% 0.00% 32.97% 56.14%
Industrials
3.60% 0.00% 38.68% 26.75%
Financial Services
3.41% 0.00% 38.36% 57.02%
Communication Services
3.36% 0.00% 97.05% 73.68%
Utilities
0.00% 0.00% 5.17% 51.32%
Real Estate
0.00% 0.00% 15.05% 62.28%
Healthcare
0.00% 0.00% 25.57% 78.51%
Energy
0.00% 0.00% 1.24% 50.88%
Consumer Defense
0.00% 0.00% 5.64% 56.14%
Basic Materials
0.00% 0.00% 2.38% 55.26%

Stock Geographic Breakdown

Weighting Return Low Return High HTECX % Rank
US
99.08% 0.00% 103.06% 46.05%
Non US
0.00% 0.00% 58.19% 74.56%

HTECX - Expenses

Operational Fees

HTECX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.17% 0.08% 6.86% 3.08%
Management Fee 0.74% 0.03% 1.95% 47.37%
12b-1 Fee 0.15% 0.00% 1.00% 40.48%
Administrative Fee N/A 0.00% 0.50% 51.09%

Sales Fees

HTECX 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% 4.00% N/A

Trading Fees

HTECX 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.

HTECX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 200.00% 0.69% 281.00% 97.22%

HTECX - Distributions

Dividend Yield Analysis

HTECX Category Low Category High HTECX % Rank
Dividend Yield 0.05% 0.00% 7.37% 63.16%

Dividend Distribution Analysis

HTECX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

HTECX Category Low Category High HTECX % Rank
Net Income Ratio -0.08% -2.30% 2.08% 29.46%

Capital Gain Distribution Analysis

HTECX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

HTECX - Fund Manager Analysis

Managers

Ryan Kelley


Start Date

Tenure

Tenure Rank

Feb 28, 2017

5.25

5.3%

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

3.25

3.3%

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
0.04 32.43 8.4 1.41