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.
Hennessy Large Cap Financial Instl HILFX
- NAV / 1-Day Return 25.05 / +1.50 %
- Total Assets 29.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.470%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Financial
- Investment Style Large Value
- Min. Initial Investment 250,000
- Status Open
- TTM Yield 1.92%
- Turnover 114%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:20 PM GMT+0
Morningstar’s Analysis HILFX
Will HILFX 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 55.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
M&T Bank Corp | 5.64 | 1.6 Mil | Financial Services |
Webster Financial Corp | 5.57 | 1.6 Mil | Financial Services |
Wells Fargo & Co | 5.57 | 1.6 Mil | Financial Services |
Fifth Third Bancorp | 5.56 | 1.6 Mil | Financial Services |
Mastercard Inc Class A | 5.56 | 1.6 Mil | Financial Services |
Bank of America Corp | 5.54 | 1.6 Mil | Financial Services |
JPMorgan Chase & Co | 5.54 | 1.6 Mil | Financial Services |
Citizens Financial Group Inc | 5.45 | 1.6 Mil | Financial Services |
Visa Inc Class A | 5.45 | 1.6 Mil | Financial Services |
KeyCorp | 5.38 | 1.6 Mil | Financial Services |