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Morningstar

Hennessy Equity and Income Investor HEIFX

Morningstar Medalist Rating
Medalist Rating as of | See Hennessy Investment Hub
  • NAV / 1-Day Return 14.35  /  −0.49 %
  • Total Assets 66.3 Mil
  • Adj. Expense Ratio
    1.580%
  • Expense Ratio 1.580%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 0.57%
  • Turnover 11%

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:12 AM GMT+0

Morningstar’s Analysis HEIFX

Will HEIFX 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 HEIFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HEIFX 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 HEIFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This fund has flaws and a high price tag.

Associate Analyst Spencer Brown

Spencer Brown

Associate Analyst

Summary

Relative to industry standards, Hennessy Equity and Income lacks the attention to risk management and nuanced insight that builds confidence in a concentrated portfolio, such as the one on offer here. This results in a downgrade to the People Pillar rating and contributes to a Morningstar Medalist Rating of Negative across its two share classes.

by Spencer Brown
Rated on Published on

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Portfolio Holdings HEIFX

More HEIFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
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