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.
Hennessy Cornerstone Value Inst HICVX
- NAV / 1-Day Return 20.12 / +0.90 %
- Total Assets 270.4 Mil
-
Adj. Expense Ratio
- 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 3.44%
- Turnover 31%
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 9:58 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 22.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cenovus Energy Inc | 2.36 | 6.6 Mil | Energy |
Citigroup Inc | 2.28 | 6.3 Mil | Financial Services |
Wells Fargo & Co | 2.22 | 6.2 Mil | Financial Services |
Exxon Mobil Corp | 2.21 | 6.2 Mil | Energy |
JPMorgan Chase & Co | 2.21 | 6.1 Mil | Financial Services |
International Business Machines Corp | 2.21 | 6.1 Mil | Technology |
Canadian Natural Resources Ltd | 2.21 | 6.1 Mil | Energy |
Manulife Financial Corp | 2.19 | 6.1 Mil | Financial Services |
Bank of America Corp | 2.15 | 6.0 Mil | Financial Services |
RTX Corp | 2.15 | 6.0 Mil | Industrials |