Hennessy Focus shines at times, but inconsistent execution and persistently high fees lead to a Morningstar Analyst Rating downgrade to Neutral from Bronze.
Hennessy Focus Investor HFCSX
NAV / 1-Day Return
55.75
/
0.43
%
Total Assets
872.8 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.490%
Expense Ratio
1.490%
Fee Level
High
Longest Manager Tenure
12.73
years
Category
Mid-Cap Growth
Investment Style
Mid BlendMin. Initial Investment
2,500
Status
Open
TTM Yield
0.00%
Turnover
4%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HFCSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HFCSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HFCSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of HFCSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
High fees remain a hurdle.
