# Hennessy Equity and Income Investor (HEIFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/heifx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2001-09-24 The fund seeks income and long-term capital appreciation with reduced volatility of returns. It will invest up to 70% of its assets in equity securities and its remaining assets in fixed income securities. The fund invests primarily in domestic companies whose securities are listed on U.S. national securities exchanges. ## Key Facts | Metric | Value | |---|---| | Price | $14.13 | | Expense Ratio | 1.63% | | Assets Under Management | $222.7M | | NAV | $14.13 | | Holdings Count | — | | Distribution Yield (TTM) | 0.65% | | Annual Distribution (TTM) | $0.09 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $13.13 – $14.84 | | Beta | 0.86 | ## Latest Distribution - Amount: $0.0160 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does HEIFX invest in? The fund seeks income and long-term capital appreciation with reduced volatility of returns. It will invest up to 70% of its assets in equity securities and its remaining assets in fixed income securities. The fund invests primarily in domestic companies whose securities are listed on U.S. national securities exchanges. ### What is the expense ratio of HEIFX? Hennessy Equity and Income Investor (HEIFX) charges an expense ratio of 1.63%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is HEIFX? Hennessy Equity and Income Investor (HEIFX) manages $222.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is HEIFX actively managed or an index fund? HEIFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was HEIFX launched? Hennessy Equity and Income Investor (HEIFX) launched in September 2001 and is managed by the fund issuer. ### How has HEIFX performed? HEIFX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does HEIFX pay a dividend? Hennessy Equity and Income Investor (HEIFX) currently distributes little or no income. Trailing-twelve-month yield is 0.65%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does HEIFX pay dividends? Hennessy Equity and Income Investor pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is HEIFX's dividend yield? HEIFX's trailing-twelve-month yield is 0.65%, calculated from the sum of dividends over the past year divided by the current price. ### When is HEIFX's next ex-dividend date? The most recently announced ex-dividend date for HEIFX was 2026-09-30. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will HEIFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.63% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does HEIFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from HEIFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does HEIFX cost more than a fund like VOO? HEIFX's strategy (current expense ratio 1.63%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where HEIFX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to HEIFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as HEIFX (1.63%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/heifx - Distribution history: https://www.dividenddata.com/funds/heifx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/heifx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/heifx/expenses - Peer comparison: https://www.dividenddata.com/funds/heifx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.