Hennessy Large Cap Financial Fund

Frequently Asked Questions About HLFNX

What does HLFNX invest in?

This fund primarily targets investments in companies whose shares are traded on U.S. national securities exchanges. This also includes foreign entities whose stock is accessible through American Depositary Receipts (ADRs), which are dollar-denominated representations of overseas companies listed on these domestic platforms. A substantial portion of its capital—at least 80% of its net assets—is allocated to large-capitalization corporations. These companies are principally involved in offering financial services, a category that encompasses information technology firms primarily dedicated to supplying products or services to the financial sector. The fund adopts a non-diversified investment strategy.

What is the expense ratio of HLFNX?

Hennessy Large Cap Financial Fund (HLFNX) charges an expense ratio of 1.88%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HLFNX?

Hennessy Large Cap Financial Fund (HLFNX) manages $81.5M 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 HLFNX actively managed or an index fund?

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

When was HLFNX launched?

Hennessy Large Cap Financial Fund (HLFNX) launched in December 1996 and is managed by the fund issuer.

How has HLFNX performed?

HLFNX'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.