Hennessy Cornerstone Value Fund Class Institutional (HICVX)
| Fund Assets | 314.47M |
| Expense Ratio | 0.98% |
| Min. Investment | $250,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 1.27% |
| Dividend Growth | 73.97% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 24.33 |
| YTD Return | 9.64% |
| 1-Year Return | 22.41% |
| 5-Year Return | 98.40% |
| 52-Week Low | 18.24 |
| 52-Week High | 24.64 |
| Beta (5Y) | n/a |
| Holdings | 53 |
| Inception Date | Mar 3, 2008 |
About HICVX
Hennessy Cornerstone Value Fund Institutional Class is a quantitatively managed mutual fund designed to identify and invest in large U.S. companies with high dividend yields. Its core objective is to achieve both capital preservation and appreciation by constructing a concentrated portfolio of 50 stocks selected based on strict value-oriented criteria. These criteria include above-average market capitalization, high dividend yields, a significant number of shares outstanding, and robust sales and cash flow metrics. The fund notably excludes utilities from its universe and emphasizes companies that may be undervalued or out of favor, offering potential income through annual distributions. Its portfolio is diversified across sectors such as financial services, energy, technology, and industrials, with significant allocations to industries often associated with stability and income generation. The fund is managed by an experienced team and aims to provide investors with a disciplined, repeatable value strategy that targets large-cap equities, making it a prominent option within the large value category of mutual funds.
Performance
HICVX had a total return of 22.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.97%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWNAX | Vanguard | Vanguard Windsor II Fund Admiral Shares | 0.23% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HFCVX | Investor Class | 1.22% |
Top 10 Holdings
26.78% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGXXX | 4.07% |
| The Toronto-Dominion Bank | TD | 2.80% |
| HSBC Holdings PLC ADR | HBC2.DE | 2.65% |
| RTX Corporation | RTX | 2.58% |
| CVS Health Corporation | CVS | 2.58% |
| GSK plc | GSK | 2.51% |
| Citigroup Inc. | C | 2.49% |
| Royal Bank of Canada | RY | 2.41% |
| Johnson & Johnson | JNJ | 2.40% |
| Gilead Sciences, Inc. | GILD | 2.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.61673 | Dec 29, 2025 |
| Dec 4, 2025 | $1.0794 | Dec 4, 2025 |
| Dec 27, 2024 | $0.71719 | Dec 27, 2024 |
| Dec 5, 2024 | $0.25777 | Dec 5, 2024 |
| Dec 27, 2023 | $0.70442 | Dec 27, 2023 |
| Dec 28, 2022 | $0.54645 | Dec 28, 2022 |