Hennessy Gas Utility Fund Institutional Class (HGASX)
| Fund Assets | 512.85M |
| Expense Ratio | 0.69% |
| Min. Investment | $250,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 2.12 |
| Dividend Yield | 7.55% |
| Dividend Growth | 31.35% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 28.12 |
| YTD Return | 6.56% |
| 1-Year Return | 23.92% |
| 5-Year Return | 93.72% |
| 52-Week Low | 24.67 |
| 52-Week High | 30.02 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | Mar 1, 2017 |
About HGASX
Hennessy Gas Utility Fund Institutional Class is a sector-focused mutual fund designed to provide investors with targeted exposure to the natural gas utility industry. The fund seeks to deliver both income and capital appreciation by tracking the performance of the American Gas Association (AGA) Stock Index, which comprises publicly traded members of the AGA. Utilizing an index-based methodology, the fund maintains its portfolio in close alignment with the AGA Stock Index, holding each company in proportion to its index weighting, with no single company exceeding 5% of assets. The portfolio primarily consists of natural gas distributors, pipeline operators, and diversified utility firms, with sector allocations spanning utilities, energy, and a small portion in financials. This disciplined, rules-based approach offers investors access to companies expected to benefit from the ongoing demand for natural gas, emphasizing stability and potential for consistent performance. The fund is actively managed to ensure a high correlation—typically above 95%—with its benchmark, and it is overseen by experienced portfolio managers specializing in utility investments.
Performance
HGASX had a total return of 23.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.51%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GASFX | Investor Class | 0.99% |
Top 10 Holdings
49.22% of assets| Name | Symbol | Weight |
|---|---|---|
| TC Energy Corporation | TRP | 5.21% |
| Sempra | SRE | 5.19% |
| Enbridge Inc. | ENB | 5.10% |
| Cheniere Energy, Inc. | LNG | 5.05% |
| Atmos Energy Corporation | ATO | 5.04% |
| Berkshire Hathaway Inc | BRKA | 4.84% |
| The Southern Company | SO | 4.79% |
| Kinder Morgan, Inc. | KMI | 4.69% |
| ONEOK, Inc. | OKE | 4.67% |
| EQT Corporation | EQT | 4.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.21597 | Jun 30, 2025 |
| Mar 31, 2025 | $0.18278 | Mar 31, 2025 |
| Dec 27, 2024 | $0.11453 | Dec 27, 2024 |
| Dec 5, 2024 | $1.42361 | Dec 5, 2024 |
| Sep 30, 2024 | $0.18029 | Sep 30, 2024 |
| Jun 28, 2024 | $0.19845 | Jun 28, 2024 |