Hennessy Small Cap Financial Fund

Frequently Asked Questions About HSFNX

What does HSFNX invest in?

Under typical circumstances, this fund allocates a minimum of 80% of its net assets to securities issued by small-capitalization companies primarily engaged in providing financial services. The fund's managers define a small-cap company as one possessing a market capitalization below $3 billion at the time of purchase. Additionally, the fund limits its exposure to equity-related instruments of any single company to no more than 5% of its total assets, specifically when that company derives over 15% of its revenue from brokerage or investment management activities. This investment vehicle operates on a non-diversified basis.

What is the expense ratio of HSFNX?

Hennessy Small Cap Financial Fund (HSFNX) charges an expense ratio of 1.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HSFNX?

Hennessy Small Cap Financial Fund (HSFNX) manages $270.8M 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 HSFNX actively managed or an index fund?

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

When was HSFNX launched?

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

How has HSFNX performed?

HSFNX'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.