# Hennessy Large Cap Financial Fund Institutional Class (HILFX): Mutual Fund Facts & Distributions

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- Issuer: — · Asset class: Equity
- Strategy: Thematic · Inception: 2015-06-17

This fund aims to generate capital appreciation for its investors. It primarily invests in companies listed on U.S. national stock exchanges, but also gains exposure to foreign companies through American Depositary Receipts (ADRs) or similar U.S. dollar-denominated securities of non-U.S. issuers that are traded on U.S. exchanges. A core component of its strategy is to commit at least 80% of its total net assets (including any borrowed funds for investment) to large-capitalization companies principally operating within the financial services sector. Notably, this fund is structured as a non-...

## Key Facts

| Metric | Value |
|---|---|
| Price | $33.35 |
| Expense Ratio | 1.55% |
| Assets Under Management | $79.4M |
| NAV | $33.35 |
| Holdings Count | — |
| Distribution Yield (TTM) | — |
| Annual Distribution (TTM) | — /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $28.71 – $36.17 |
| Beta | 1.11 |

## Latest Distribution

- Amount: $0.0187 /share
- Ex-date: 2025-12-29
- Pay date: 2025-12-29

## Frequently Asked Questions

### What does HILFX invest in?

This fund aims to generate capital appreciation for its investors. It primarily invests in companies listed on U.S. national stock exchanges, but also gains exposure to foreign companies through American Depositary Receipts (ADRs) or similar U.S. dollar-denominated securities of non-U.S. issuers that are traded on U.S. exchanges. A core component of its strategy is to commit at least 80% of its total net assets (including any borrowed funds for investment) to large-capitalization companies principally operating within the financial services sector. Notably, this fund is structured as a non-diversified investment.

### What is the expense ratio of HILFX?

Hennessy Large Cap Financial Fund Institutional Class (HILFX) charges an expense ratio of 1.55%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is HILFX?

Hennessy Large Cap Financial Fund Institutional Class (HILFX) manages $79.4M 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 HILFX actively managed or an index fund?

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

### When was HILFX launched?

Hennessy Large Cap Financial Fund Institutional Class (HILFX) launched in June 2015 and is managed by the fund issuer.

### How has HILFX performed?

HILFX'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 HILFX pay a dividend?

Hennessy Large Cap Financial Fund Institutional Class (HILFX) 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 HILFX pay dividends?

Hennessy Large Cap Financial Fund Institutional Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is HILFX's dividend yield?

HILFX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price.

### When is HILFX's next ex-dividend date?

The most recently announced ex-dividend date for HILFX was 2025-12-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will HILFX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 1.55% 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 HILFX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from HILFX'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 HILFX cost more than a fund like VOO?

HILFX's strategy (current expense ratio 1.55%) 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 HILFX sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to HILFX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as HILFX (1.55%) 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/hilfx
- Distribution history: https://www.dividenddata.com/funds/hilfx/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/hilfx/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/hilfx/expenses
- Peer comparison: https://www.dividenddata.com/funds/hilfx/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.