Hennessy Cornerstone Value Inst
7250 Redwood BoulevardSuite 200Novato CA 94945
Map
Phone: 800-966-4354
| Category: | Large Value | | Fund Family: | Hennessy | | Net Assets: | 152.73M | | Year-to-Date Return: | -0.27% | | Yield: | 2.01% | | Morningstar Rating: |  | | Fund Inception Date: | 03-Mar-2008 |
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Frank Jr Ingarra
Lead Manager since
27-Feb-2009 | | | Ingarra is Vice President, Co-Portfolio Manager and has been employed by the Manager since 2000. |
| Min Initial Investment: | $250,000 | | Min Initial Investment, IRA: | $250,000 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks total return, consisting of capital appreciation and current income.
The fund normally invests in 50 large, dividend-paying companies selected by the Cornerstone Value Strategy, which management judges to be the highest-dividend yielding stocks. Management will re-balance the portfolio annually, in accordance with the fund's value investment strategy.The fund purchases 50 stocks as dictated by the Cornerstone Value Strategy, weighted equally by dollar amount, with 2% of the portfolioâs assets invested in each. |
| Last Dividend
(29-Dec-09):
| 0.23 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
(18-Mar-10):
| 59.00% | | Average for Category:
| 69.56% |
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| Expense | HICVX | Category
Avg | | Total Expense Ratio: | 0.98%
| 1.29% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 5.45% | | Max Deferred Sales Load: | %
| 2.66% | | 3 Yr Expense Projection*: |
$ 312 | $61 | | 5 Yr Expense Projection*: |
$ 542 | $95 | | 10 Yr Expense Projection*: |
$ 1,201 | $187 |
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0.35% Nasdaq 
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