Hennessy Energy Transition Fund Investor Class

Frequently Asked Questions About HNRGX

What does HNRGX invest in?

Typically, this fund allocates a minimum of 80% of its net assets to U.S.-based companies that operate across the entire energy supply and demand value chain. This broad scope encompasses traditional energy sectors like exploration, production (upstream), transportation, and processing (midstream and downstream), alongside investments in renewable energy businesses and significant energy end-users. The portfolio's primary holdings are common stocks. Additionally, the fund has the discretion to invest up to 25% of its total assets in energy-related Master Limited Partnerships (MLPs).

What is the expense ratio of HNRGX?

Hennessy Energy Transition Fund Investor Class (HNRGX) charges an expense ratio of 2.53%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HNRGX?

Hennessy Energy Transition Fund Investor Class (HNRGX) manages $15.0M 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 HNRGX actively managed or an index fund?

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

When was HNRGX launched?

Hennessy Energy Transition Fund Investor Class (HNRGX) launched in October 2018 and is managed by the fund issuer.

How has HNRGX performed?

HNRGX'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.