# Hennessy Focus Fund Investor Class (HFCSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/hfcsx 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: 1996-12-31 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... ## Key Facts | Metric | Value | |---|---| | Price | $33.12 | | Expense Ratio | 1.48% | | Assets Under Management | $984.3M | | NAV | $33.12 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | $17.85 /share | | Distribution Frequency | Annual | | 52-Week Range | $32.62 – $58.86 | | Beta | 1.22 | ## Latest Distribution - Amount: $17.8474 /share - Ex-date: 2025-12-04 - Pay date: 2025-12-04 ## Frequently Asked Questions ### 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. ### Does HFCSX pay a dividend? Hennessy Focus Fund Investor Class (HFCSX) 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 HFCSX pay dividends? Hennessy Focus Fund Investor 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 HFCSX's dividend yield? HFCSX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is HFCSX's next ex-dividend date? The most recently announced ex-dividend date for HFCSX 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 HFCSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.48% 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 HFCSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from HFCSX'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 HFCSX cost more than a fund like VOO? HFCSX's strategy (current expense ratio 1.48%) 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 HFCSX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to HFCSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as HFCSX (1.48%) 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/hfcsx - Distribution history: https://www.dividenddata.com/funds/hfcsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/hfcsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/hfcsx/expenses - Peer comparison: https://www.dividenddata.com/funds/hfcsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.