Hennessy Japan Fund

Frequently Asked Questions About HJPNX

What does HJPNX invest in?

The fund dedicates a significant portion, specifically no less than 80% of its total net assets, to acquiring shares of companies operating in Japan. For investment purposes, the management team classifies a "Japanese company" as an entity either legally established under Japanese law, whose primary stock market is Japan, or which generates the majority of its assets or business revenue within Japan. Despite being officially labeled as a "diversified" mutual fund, it adopts a rather concentrated investment approach, potentially leading to a portfolio with a smaller number of distinct companies compared to other funds in the diversified category.

What is the expense ratio of HJPNX?

Hennessy Japan Fund (HJPNX) charges an expense ratio of 1.41%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HJPNX?

Hennessy Japan Fund (HJPNX) manages $483.1M 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 HJPNX actively managed or an index fund?

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

When was HJPNX launched?

Hennessy Japan Fund (HJPNX) launched in November 2003 and is managed by the fund issuer.

How has HJPNX performed?

HJPNX'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.