About HILFX
The Hennessy Large Cap Financial Fund is a specialized mutual fund that actively manages a concentrated portfolio of large-cap stocks within the Financial Services sector. Targeting companies with market capitalizations above $3 billion, the fund focuses on high-quality banks and financial institutions, seeking those with strong management teams, straightforward business models, and robust, well-structured balance sheets. Its portfolio typically contains 25 to 50 holdings, emphasizing financial firms such as diversified banks, transaction and payment processors, investment banking and brokerage firms, as well as regional banks and insurance providers. With a strategy centered on identifying value and companies poised for positive change, the fund aims to deliver capital appreciation for its investors. Managed by experienced professionals, it plays a significant role in providing focused exposure to the U.S. financial sector, catering to investors seeking access to large, established financial entities with growth potential and disciplined management practices.
Fund Family Hennessy
Category Financial
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol HILFX
Share Class Institutional Class
Index Russell 1000 Financial Services TR
HILFX had a total return of 7.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.39%.
