Hennessy Focus Fund Investor Class

Frequently Asked Questions About HFCSX

What does HFCSX invest in?

The main objective of this investment product is to grow the value of its assets over time. It primarily allocates its capital to companies headquartered in the United States, which are publicly traded on national securities exchanges within the U.S. The fund also has the option to invest in international businesses. This can include foreign companies whose stocks are listed on U.S. national exchanges, or those accessed through American Depositary Receipts (ADRs) and similar instruments – these are U.S. dollar-denominated securities representing foreign issuers, also traded on U.S. national exchanges. Furthermore, it may acquire shares in foreign companies that are listed on exchanges outside the U.S. It's important to note that this fund maintains a concentrated portfolio, meaning it is classified as non-diversified.

What is the expense ratio of HFCSX?

Hennessy Focus Fund Investor Class (HFCSX) charges an expense ratio of 1.48%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HFCSX?

Hennessy Focus Fund Investor Class (HFCSX) manages $984.3M 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 HFCSX actively managed or an index fund?

HFCSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HFCSX launched?

Hennessy Focus Fund Investor Class (HFCSX) launched in December 1996 and is managed by the fund issuer.

How has HFCSX performed?

HFCSX'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.