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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 14.98  /  +1.22 %
  • Total Assets 60.7 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 0.54%
  • Turnover 11%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM 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.

A concentrated approach with flaws and hefty price tag.

Analyst Ben Sater

Ben Sater

Analyst

Summary

Hennessy Equity and Income features a concentrated multi-asset portfolio that lacks cohesion, and investment decisions made by Hennessy and the fund’s equity subadvisor can at times lack the analytical rigor necessary for the mandate.

by Ben Sater
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 34.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Alphabet Inc Class C

5.20 3.1 Mil
Communication Services

Berkshire Hathaway Inc Class B

4.72 2.8 Mil
Financial Services

Apple Inc

4.36 2.6 Mil
Technology

Progressive Corp

3.29 2.0 Mil
Financial Services

Air Products & Chemicals Inc

3.08 1.9 Mil
Basic Materials

BlackRock Inc

3.05 1.8 Mil
Financial Services

Visa Inc Class A

2.72 1.6 Mil
Financial Services

Norfolk Southern Corp

2.71 1.6 Mil
Industrials

Charles Schwab Corp

2.53 1.5 Mil
Financial Services

Fiserv Inc

2.53 1.5 Mil
Technology