A middling People rating and a subpar Parent Pillar limit Hennessy Cornerstone Mid Cap 30 Inv to a Morningstar Medalist Rating of Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
- NAV / 1-Day Return 17.60 / 2.60 %
- Total Assets 416.2 Mil
-
Adj. Expense Ratio
1.350%
- Expense Ratio 1.350%
- Distribution Fee Level High
- Share Class Type No Load
- Category Small Value
- Investment Style Small Blend
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 0.00
- Turnover 176%
Morningstar’s Analysis HFMDX
Will HFMDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date Mar 31, 2023
- Equity Holdings 30
- Bond Holdings 0
- Other Holdings 1
- % Assets in Top 10 Holdings 38.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
First American Government Obligs X
4.42
18,174,602
Cash and Equivalents