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Morningstar

Hennessy Balanced Investor HBFBX

Morningstar Medalist Rating
Medalist Rating as of | See Hennessy Investment Hub
  • NAV / 1-Day Return 11.32  /  0.15 %
  • Total Assets 12.2 Mil
  • Adj. Expense Ratio
    1.800%
  • Expense Ratio 1.800%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.75%
  • Turnover 29%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:15 PM GMT+0

Morningstar’s Analysis HBFBX

Will HBFBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HBFBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the HBFBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of HBFBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Hennessy Balanced Investor's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HBFBX

More HBFBX Holdings
  • Current Portfolio Date
  • Equity Holdings 12
  • Bond Holdings 4
  • Other Holdings 1
  • % Assets in Top 10 Holdings 46.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

20.07
2,428,254
Government

United States Treasury Bills 0%

10.51
1,271,886
Government

United States Treasury Bills 0%

9.43
1,140,877
Government

United States Treasury Bills 0%

7.89
954,455
Government

Cisco Systems Inc

5.50
664,859
Technology

Dow Inc

5.20
628,468
Basic Materials

International Business Machines Corp

5.03
608,836
Technology

Verizon Communications Inc

5.01
606,197
Communication Services

3M Co

4.67
565,508
Industrials

Intel Corp

4.62
558,448
Technology