Hennessy Cornerstone Large Growth Fund
Name
As of 05/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.5%
1 yr return
29.3%
3 Yr Avg Return
6.4%
5 Yr Avg Return
12.7%
Net Assets
$150 M
Holdings in Top 10
21.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HFLGX - Profile
Distributions
- YTD Total Return 6.5%
- 3 Yr Annualized Total Return 6.4%
- 5 Yr Annualized Total Return 12.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.69%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHennessy Cornerstone Large Growth Fund
-
Fund Family NameHennessy Funds Trust
-
Inception DateMar 20, 2009
-
Shares Outstanding10965043
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNeil Hennessy
Fund Description
1) | Above-average market capitalization |
2) | Price-to-cash flow ratio less than the median of the remaining securities |
3) | Positive total capital |
4) | Highest one-year return on total capital |
HFLGX - Performance
Return Ranking - Trailing
Period | HFLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | -2.1% | 17.5% | 66.61% |
1 Yr | 29.3% | -3.7% | 43.1% | 6.11% |
3 Yr | 6.4%* | -5.0% | 29.3% | 52.52% |
5 Yr | 12.7%* | 0.0% | 44.2% | 11.93% |
10 Yr | 8.1%* | 1.2% | 24.7% | 68.52% |
* Annualized
Return Ranking - Calendar
Period | HFLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.1% | -24.9% | 46.1% | 6.44% |
2022 | -27.0% | -64.7% | 4.6% | 96.60% |
2021 | 17.5% | -44.2% | 57.5% | 45.54% |
2020 | 0.2% | -23.2% | 285.0% | 44.73% |
2019 | 24.5% | -21.4% | 48.5% | 14.65% |
Total Return Ranking - Trailing
Period | HFLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | -2.1% | 17.5% | 66.61% |
1 Yr | 29.3% | -3.7% | 43.1% | 6.11% |
3 Yr | 6.4%* | -5.0% | 29.3% | 52.52% |
5 Yr | 12.7%* | 0.0% | 44.2% | 11.93% |
10 Yr | 8.1%* | 1.2% | 24.7% | 68.52% |
* Annualized
Total Return Ranking - Calendar
Period | HFLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.7% | -15.9% | 46.7% | 5.03% |
2022 | -13.3% | -42.0% | 8.5% | 94.72% |
2021 | 34.7% | 3.6% | 129.7% | 2.02% |
2020 | 5.5% | -22.6% | 304.8% | 29.76% |
2019 | 27.5% | -12.7% | 52.1% | 27.35% |
NAV & Total Return History
HFLGX - Holdings
Concentration Analysis
HFLGX | Category Low | Category High | HFLGX % Rank | |
---|---|---|---|---|
Net Assets | 150 M | 1.09 M | 163 B | 83.47% |
Number of Holdings | 51 | 2 | 1683 | 77.51% |
Net Assets in Top 10 | 30.3 M | 420 K | 33.9 B | 85.89% |
Weighting of Top 10 | 21.20% | 4.8% | 98.8% | 84.98% |
Top 10 Holdings
- United Rentals Inc 2.23%
- Nucor Corp 2.18%
- Valero Energy Corp 2.13%
- AutoZone Inc 2.13%
- HCA Healthcare Inc 2.11%
- Marathon Petroleum Corp 2.10%
- Steel Dynamics Inc 2.09%
- PACCAR Inc 2.09%
- Cencora Inc 2.08%
- Exxon Mobil Corp 2.05%
Asset Allocation
Weighting | Return Low | Return High | HFLGX % Rank | |
---|---|---|---|---|
Stocks | 98.79% | 1.86% | 108.42% | 42.59% |
Cash | 1.23% | 0.00% | 38.18% | 50.79% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 22.75% |
Other | 0.00% | -1.68% | 39.72% | 41.80% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 18.74% |
Bonds | 0.00% | -1.92% | 73.23% | 21.43% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HFLGX % Rank | |
---|---|---|---|---|
Basic Materials | 19.02% | 0.00% | 21.69% | 0.27% |
Industrials | 17.40% | 0.00% | 42.76% | 5.33% |
Consumer Cyclical | 16.82% | 0.00% | 22.74% | 2.13% |
Healthcare | 16.04% | 0.00% | 30.08% | 64.56% |
Technology | 10.31% | 0.00% | 54.02% | 50.27% |
Financial Services | 10.15% | 0.00% | 58.05% | 97.60% |
Communication Services | 4.25% | 0.00% | 26.58% | 73.18% |
Consumer Defense | 3.93% | 0.00% | 34.10% | 89.17% |
Energy | 2.09% | 0.00% | 54.00% | 94.05% |
Utilities | 0.00% | 0.00% | 27.04% | 90.76% |
Real Estate | 0.00% | 0.00% | 90.54% | 86.77% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HFLGX % Rank | |
---|---|---|---|---|
US | 98.79% | 1.86% | 108.42% | 35.27% |
Non US | 0.00% | 0.00% | 26.07% | 42.68% |
HFLGX - Expenses
Operational Fees
HFLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.28% | 0.03% | 14.82% | 25.40% |
Management Fee | 0.74% | 0.00% | 1.50% | 80.78% |
12b-1 Fee | 0.15% | 0.00% | 1.00% | 21.36% |
Administrative Fee | N/A | 0.00% | 0.50% | 54.86% |
Sales Fees
HFLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
HFLGX 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.
HFLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 68.00% | 0.00% | 488.00% | 75.82% |
HFLGX - Distributions
Dividend Yield Analysis
HFLGX | Category Low | Category High | HFLGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.97% | 0.00% | 36.05% | 88.29% |
Dividend Distribution Analysis
HFLGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
HFLGX | Category Low | Category High | HFLGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.69% | -1.51% | 4.28% | 82.90% |
Capital Gain Distribution Analysis
HFLGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.114 | OrdinaryDividend |
Dec 07, 2023 | $0.303 | CapitalGainLongTerm |
Dec 28, 2022 | $0.082 | OrdinaryDividend |
Dec 08, 2022 | $1.761 | CapitalGainLongTerm |
Dec 29, 2021 | $0.082 | OrdinaryDividend |
Dec 07, 2021 | $1.783 | OrdinaryDividend |
Dec 29, 2020 | $0.097 | OrdinaryDividend |
Dec 08, 2020 | $0.487 | CapitalGainLongTerm |
Dec 27, 2019 | $0.139 | OrdinaryDividend |
Dec 06, 2019 | $0.107 | CapitalGainShortTerm |
Dec 06, 2019 | $0.023 | CapitalGainLongTerm |
Dec 27, 2018 | $0.087 | OrdinaryDividend |
Dec 27, 2017 | $0.077 | OrdinaryDividend |
Dec 07, 2017 | $0.017 | CapitalGainShortTerm |
Dec 07, 2017 | $0.409 | CapitalGainLongTerm |
Dec 28, 2016 | $0.124 | OrdinaryDividend |
Dec 07, 2016 | $0.007 | CapitalGainShortTerm |
Dec 07, 2016 | $0.650 | CapitalGainLongTerm |
Dec 29, 2015 | $0.159 | OrdinaryDividend |
Dec 09, 2015 | $2.734 | CapitalGainLongTerm |
Dec 31, 2014 | $0.142 | OrdinaryDividend |
Dec 08, 2014 | $2.237 | CapitalGainLongTerm |
Dec 31, 2013 | $0.146 | OrdinaryDividend |
Dec 10, 2013 | $0.001 | CapitalGainShortTerm |
Dec 10, 2013 | $0.675 | CapitalGainLongTerm |
Dec 31, 2012 | $0.104 | OrdinaryDividend |
Dec 07, 2012 | $0.017 | CapitalGainLongTerm |
Dec 27, 2011 | $0.074 | OrdinaryDividend |
Dec 05, 2011 | $2.461 | CapitalGainLongTerm |
Dec 30, 2010 | $0.094 | OrdinaryDividend |
Dec 02, 2010 | $0.016 | CapitalGainLongTerm |
Dec 29, 2009 | $0.049 | OrdinaryDividend |
HFLGX - Fund Manager Analysis
Managers
Neil Hennessy
Start Date
Tenure
Tenure Rank
Mar 20, 2009
13.21
13.2%
Neil is a seasoned asset manager with over four decades of financial services and investing experience. He started his career as a broker in 1979, started his first mutual fund in 1996, and today provides strategic economic and market direction for Hennessy Funds. As Chief Market Strategist, Neil analyzes the economy and financial markets to develop insights and direction to support our investment team. Embodying the Hennessy Funds' motto of "Investing, Uncompromised" Neil leads with high conviction, adhering to proven and repeatable strategies, and always in the best interest of shareholders, and he never strays from these core values. Neil began his career at Paine Webber and worked there and at Hambrecht & Quist until founding his own broker/dealer firm in 1989 and Hennessy Funds in 1996. Neil is a recognized and respected asset manager, and he is a frequent guest/contributor in national financial media. Neil received a BBA in Business Administration from the University of San Diego.
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 |
---|---|---|---|
0.05 | 86.59 | 8.06 | 16.42 |
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.