# Hennessy Focus Fund Institutional Class (HFCIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/hfcix 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: 2008-06-11 The fund's primary investment strategy is directed towards U.S.-based companies whose securities are publicly traded on national exchanges within the United States. Beyond this core focus, the fund retains the option to acquire holdings in international companies. This encompasses foreign firms whose shares are already traded on U.S. national securities exchanges. It can also invest in overseas businesses through American Depositary Receipts (ADRs) or similar depositary instruments, which represent U.S. dollar-denominated securities from foreign issuers that are also listed on U.S. national... ## Key Facts | Metric | Value | |---|---| | Price | $34.92 | | Expense Ratio | 1.10% | | Assets Under Management | $1.04B | | NAV | $34.92 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | $18.84 /share | | Distribution Frequency | Annual | | 52-Week Range | $34.54 – $62.11 | | Beta | 1.22 | ## Latest Distribution - Amount: $18.8399 /share - Ex-date: 2025-12-04 - Pay date: 2025-12-04 ## Frequently Asked Questions ### What does HFCIX invest in? The fund's primary investment strategy is directed towards U.S.-based companies whose securities are publicly traded on national exchanges within the United States. Beyond this core focus, the fund retains the option to acquire holdings in international companies. This encompasses foreign firms whose shares are already traded on U.S. national securities exchanges. It can also invest in overseas businesses through American Depositary Receipts (ADRs) or similar depositary instruments, which represent U.S. dollar-denominated securities from foreign issuers that are also listed on U.S. national exchanges. Additionally, the fund may seek opportunities in foreign enterprises whose securities are traded exclusively on non-U.S. exchanges. It operates as a non-diversified investment vehicle. ### What is the expense ratio of HFCIX? Hennessy Focus Fund Institutional Class (HFCIX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is HFCIX? Hennessy Focus Fund Institutional Class (HFCIX) manages $1.04B 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 HFCIX actively managed or an index fund? HFCIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was HFCIX launched? Hennessy Focus Fund Institutional Class (HFCIX) launched in June 2008 and is managed by the fund issuer. ### How has HFCIX performed? HFCIX'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 HFCIX pay a dividend? Hennessy Focus Fund Institutional Class (HFCIX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does HFCIX pay dividends? Hennessy Focus Fund Institutional Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is HFCIX's dividend yield? HFCIX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is HFCIX's next ex-dividend date? The most recently announced ex-dividend date for HFCIX was 2025-12-04. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will HFCIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.10% 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 HFCIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from HFCIX'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 HFCIX cost more than a fund like VOO? HFCIX's strategy (current expense ratio 1.10%) 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 HFCIX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to HFCIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as HFCIX (1.10%) 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/hfcix - Distribution history: https://www.dividenddata.com/funds/hfcix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/hfcix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/hfcix/expenses - Peer comparison: https://www.dividenddata.com/funds/hfcix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.