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Morningstar

Hennessy Cornerstone Value Inst HICVX

Morningstar Medalist Rating
Medalist Rating as of | See Hennessy Investment Hub
  • NAV / 1-Day Return 21.13  /  +1.15 %
  • Total Assets 276.3 Mil
  • Adj. Expense Ratio
    1.060%
  • Expense Ratio 1.060%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 3.46%
  • Turnover 31%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis HICVX

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

  • People Pillar

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

Hennessy Cornerstone Value Inst's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HICVX

More HICVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Manulife Financial Corp

2.34 6.3 Mil
Financial Services

Cenovus Energy Inc

2.34 6.3 Mil
Energy

Citigroup Inc

2.30 6.2 Mil
Financial Services

Wells Fargo & Co

2.29 6.2 Mil
Financial Services

Bank of America Corp

2.27 6.1 Mil
Financial Services

JPMorgan Chase & Co

2.24 6.1 Mil
Financial Services

RTX Corp

2.22 6.0 Mil
Industrials

AT&T Inc

2.22 6.0 Mil
Communication Services

Texas Instruments Inc

2.22 6.0 Mil
Technology

HP Inc

2.21 6.0 Mil
Technology