Hennessy Cornerstone Value Fund Class Institutional (HICVX)

Fund Assets	327.39M
Expense Ratio	1.033%
Min. Investment	$250,000
Turnover	27.00%
Dividend (ttm)	0.62
Dividend Yield	2.31%
Dividend Growth	-14.01%
Payout Frequency	n/a
Ex-Dividend Date	Dec 29, 2025

Previous Close	26.51
YTD Return	19.50%
1-Year Return	26.09%
5-Year Return	85.46%
52-Week Low	22.27
52-Week High	26.91
Beta (5Y)	1.04
Holdings	51
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.

• Fund Family: Hennessy
• Category: Large Value
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: HICVX
• Share Class: Institutional Class
• Index: Russell 1000 Value TR

Performance

HICVX had a total return of 26.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.84%.

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 Admiral	0.24%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HFCVX	Investor Class	1.21%

Top 10 Holdings

23.78% of assets

Name	Symbol	Weight
Cisco Systems, Inc.	CSCO	2.94%
Texas Instruments Incorporated	TXN	2.82%
The Toronto-Dominion Bank	TD	2.38%
CVS Health Corporation	CVS	2.32%
Royal Bank of Canada	RY	2.26%
Equinor ASA	EQNR	2.25%
Citigroup Inc.	C	2.24%
UnitedHealth Group Incorporated	UNH	2.21%
Petróleo Brasileiro S.A. - Petrobras	PBR	2.18%
QUALCOMM Incorporated	QCOM	2.18%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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