Hennessy Cornerstone Large Growth Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.1%
1 yr return
19.2%
3 Yr Avg Return
13.1%
5 Yr Avg Return
7.4%
Net Assets
$137 M
Holdings in Top 10
21.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HILGX - Profile
Distributions
- YTD Total Return 10.1%
- 3 Yr Annualized Total Return 13.1%
- 5 Yr Annualized Total Return 7.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.91%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHennessy Cornerstone Large Growth Fund
-
Fund Family NameHennessy Funds Trust
-
Inception DateMar 20, 2009
-
Shares Outstanding1405218
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNeil Hennessy
Fund Description
The Fund may invest in any company whose securities are listed on a U.S. national securities exchange, but not through American Depositary Receipts, which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. The Fund invests in growth-oriented common stocks of larger companies by utilizing a quantitative formula known as the Cornerstone Large Growth Formula (the “Large Growth Formula”). Beginning with the investable common stocks of public companies in the S&P Capital IQ Database, the Large Growth Formula identifies the 50 common stocks that meet the following criteria, in the specified order:
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
The Fund purchases these 50 stocks weighted equally by dollar amount, with 2% of the portfolio’s assets invested in each. Using the Large Growth Formula, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter. Stocks meeting the Large Growth Formula’s criteria not currently in the portfolio are purchased, and stocks that no longer meet the criteria are sold. Holdings of all stocks in the Fund that continue to meet the criteria are appropriately increased or decreased to result in an equal 2% weighting.
HILGX - Performance
Return Ranking - Trailing
| Period | HILGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -6.3% | 48.0% | 46.27% |
| 1 Yr | 19.2% | -0.8% | 92.5% | 78.17% |
| 3 Yr | 13.1%* | -0.2% | 43.3% | 81.01% |
| 5 Yr | 7.4%* | 0.2% | 25.0% | 88.94% |
| 10 Yr | 9.0%* | 4.0% | 27.7% | 88.65% |
* Annualized
Return Ranking - Calendar
| Period | HILGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 1.3% | -43.6% | 32.4% | 80.06% |
| 2024 | 0.2% | -34.7% | 47.5% | 81.74% |
| 2023 | 17.2% | -16.9% | 46.1% | 6.51% |
| 2022 | -27.1% | -43.2% | 4.6% | 97.45% |
| 2021 | 17.6% | -44.1% | 57.5% | 46.33% |
Total Return Ranking - Trailing
| Period | HILGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -6.3% | 48.0% | 46.27% |
| 1 Yr | 19.2% | -0.8% | 92.5% | 78.17% |
| 3 Yr | 13.1%* | -0.2% | 43.3% | 81.01% |
| 5 Yr | 7.4%* | 0.2% | 25.0% | 88.94% |
| 10 Yr | 9.0%* | 4.0% | 27.7% | 88.65% |
* Annualized
Total Return Ranking - Calendar
| Period | HILGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 7.7% | -0.4% | 32.7% | 94.86% |
| 2024 | 4.7% | -17.4% | 47.5% | 97.80% |
| 2023 | 22.1% | -15.9% | 46.7% | 4.73% |
| 2022 | -13.1% | -42.0% | 8.5% | 93.31% |
| 2021 | 35.1% | 6.9% | 129.7% | 1.94% |
NAV & Total Return History
HILGX - Holdings
Concentration Analysis
| HILGX | Category Low | Category High | HILGX % Rank | |
|---|---|---|---|---|
| Net Assets | 137 M | 2.59 M | 238 B | 87.51% |
| Number of Holdings | 51 | 2 | 1671 | 79.01% |
| Net Assets in Top 10 | 29.1 M | 603 K | 47.6 B | 88.46% |
| Weighting of Top 10 | 20.96% | 4.5% | 99.2% | 85.91% |
Top 10 Holdings
- Gilead Sciences Inc 2.22%
- NVR Inc 2.20%
- Sysco Corp 2.13%
- Colgate-Palmolive Co 2.10%
- PepsiCo Inc 2.07%
- Johnson Johnson 2.06%
- Ameriprise Financial Inc 2.05%
- Travelers Cos Inc/The 2.05%
- HCA Healthcare Inc 2.04%
- Procter Gamble Co/The 2.03%
Asset Allocation
| Weighting | Return Low | Return High | HILGX % Rank | |
|---|---|---|---|---|
| Stocks | 98.51% | 3.70% | 130.75% | 47.64% |
| Cash | 1.55% | 0.00% | 26.41% | 43.97% |
| Preferred Stocks | 0.00% | 0.00% | 22.62% | 64.11% |
| Other | 0.00% | -1.51% | 19.37% | 66.42% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 61.91% |
| Bonds | 0.00% | 0.00% | 127.82% | 63.17% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HILGX % Rank | |
|---|---|---|---|---|
| Basic Materials | 19.02% | 0.00% | 20.01% | 0.32% |
| Industrials | 17.40% | 0.00% | 42.76% | 6.01% |
| Consumer Cyclical | 16.82% | 0.00% | 22.74% | 2.32% |
| Healthcare | 16.04% | 0.00% | 27.67% | 64.14% |
| Technology | 10.31% | 0.00% | 54.02% | 50.11% |
| Financial Services | 10.15% | 0.00% | 58.05% | 97.68% |
| Communication Services | 4.25% | 0.00% | 26.58% | 71.20% |
| Consumer Defense | 3.93% | 0.00% | 34.10% | 90.08% |
| Energy | 2.09% | 0.00% | 54.00% | 93.67% |
| Utilities | 0.00% | 0.00% | 27.04% | 95.25% |
| Real Estate | 0.00% | 0.00% | 90.54% | 93.88% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HILGX % Rank | |
|---|---|---|---|---|
| US | 98.51% | 3.70% | 130.75% | 36.83% |
| Non US | 0.00% | 0.00% | 27.70% | 74.40% |
HILGX - Expenses
Operational Fees
| HILGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.00% | 0.03% | 7.64% | 39.62% |
| Management Fee | 0.74% | 0.00% | 1.50% | 83.37% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 13.59% |
| Administrative Fee | N/A | 0.01% | 0.50% | 56.03% |
Sales Fees
| HILGX 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% | 4.00% | N/A |
Trading Fees
| HILGX 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.
| HILGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 68.00% | 0.00% | 240.00% | 77.27% |
HILGX - Distributions
Dividend Yield Analysis
| HILGX | Category Low | Category High | HILGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.10% | 0.00% | 16.67% | 83.61% |
Dividend Distribution Analysis
| HILGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| HILGX | Category Low | Category High | HILGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.91% | -1.51% | 4.28% | 74.63% |
Capital Gain Distribution Analysis
| HILGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2025 | $0.137 | OrdinaryDividend |
| Dec 04, 2025 | $0.007 | CapitalGainShortTerm |
| Dec 04, 2025 | $0.583 | CapitalGainLongTerm |
| Dec 27, 2024 | $0.142 | OrdinaryDividend |
| Dec 05, 2024 | $0.392 | OrdinaryDividend |
| Dec 05, 2024 | $0.121 | CapitalGainShortTerm |
| Dec 05, 2024 | $0.271 | CapitalGainLongTerm |
| Dec 27, 2023 | $0.144 | OrdinaryDividend |
| Dec 07, 2023 | $0.306 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.116 | OrdinaryDividend |
| Dec 08, 2022 | $1.783 | CapitalGainLongTerm |
| Dec 29, 2021 | $0.111 | OrdinaryDividend |
| Dec 07, 2021 | $1.804 | OrdinaryDividend |
| Dec 29, 2020 | $0.128 | OrdinaryDividend |
| Dec 08, 2020 | $0.493 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.166 | OrdinaryDividend |
| Dec 06, 2019 | $0.109 | CapitalGainShortTerm |
| Dec 06, 2019 | $0.023 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.118 | OrdinaryDividend |
| Dec 27, 2017 | $0.095 | OrdinaryDividend |
| Dec 07, 2017 | $0.017 | CapitalGainShortTerm |
| Dec 07, 2017 | $0.414 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.149 | OrdinaryDividend |
| Dec 29, 2015 | $0.171 | OrdinaryDividend |
| Dec 09, 2015 | $2.763 | CapitalGainLongTerm |
| Dec 31, 2014 | $0.165 | OrdinaryDividend |
| Dec 08, 2014 | $2.258 | CapitalGainLongTerm |
| Dec 31, 2013 | $0.174 | OrdinaryDividend |
| Dec 10, 2013 | $0.001 | CapitalGainShortTerm |
| Dec 10, 2013 | $0.675 | CapitalGainLongTerm |
| Dec 31, 2012 | $0.116 | OrdinaryDividend |
| Dec 07, 2012 | $0.017 | CapitalGainLongTerm |
| Dec 27, 2011 | $0.099 | OrdinaryDividend |
| Dec 05, 2011 | $2.461 | CapitalGainLongTerm |
| Dec 30, 2010 | $0.122 | OrdinaryDividend |
| Dec 02, 2010 | $0.016 | CapitalGainLongTerm |
| Dec 29, 2009 | $0.050 | OrdinaryDividend |
HILGX - 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 |
|---|---|---|---|
| 0.13 | 86.59 | 8.32 | 6.71 |