Hennessy Cornerstone Mid Cap 30 Fund Institutional Class (HIMDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
23.03
-0.30 (-1.29%)
Jul 29, 2025, 4:00 PM EDT
-1.29%
Fund Assets1.34B
Expense Ratio0.95%
Min. Investment$250,000
Turnover94.00%
Dividend (ttm)4.45
Dividend Yield18.45%
Dividend Growth128.82%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 27, 2024
Previous Close23.33
YTD Return-3.24%
1-Year Return3.52%
5-Year Return187.23%
52-Week Low18.84
52-Week High30.63
Beta (5Y)n/a
Holdings31
Inception DateMar 3, 2008

About HIMDX

The Hennessy Cornerstone Mid Cap 30 Fund Institutional Class is an actively managed mutual fund that targets long-term capital growth through a disciplined, quantitatively driven strategy. The fund invests primarily in a concentrated portfolio of 30 U.S. mid-cap companies, selecting stocks based on a proprietary formula emphasizing both value and momentum characteristics. Selection criteria include firms with market capitalizations between $1 and $10 billion, price-to-sales ratios below 1.5, annual earnings growth, and positive recent stock price momentum. This fund is notable for its transparent, rules-based process and annual rebalancing approach, which seeks to identify undervalued mid-cap stocks with proven growth potential. The portfolio is typically diversified across multiple sectors, with significant allocations to consumer discretionary, financial services, and industrials, reflecting its focus on key drivers of the U.S. economy. By maintaining a tight focus on mid-cap equities, the fund serves investors seeking exposure to companies that are often considered to be in the "sweet spot"—large enough to be stable, yet small enough to offer meaningful growth opportunities within the market.

Fund Family Hennessy
Category Small Blend
Stock Exchange NASDAQ
Ticker Symbol HIMDX
Share Class Institutional Class
Index Russell MidCap TR

Performance

HIMDX had a total return of 3.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.38%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
HFMDXInvestor Class1.33%

Top 10 Holdings

45.30% of assets
NameSymbolWeight
Brinker International, Inc.EAT6.85%
The Cheesecake Factory IncorporatedCAKE5.11%
UGI CorporationUGI5.05%
Oscar Health, Inc.OSCR4.60%
Dycom Industries, Inc.DY4.33%
Peloton Interactive, Inc.PTON4.17%
Granite Construction IncorporatedGVA3.99%
Alaska Air Group, Inc.ALK3.87%
Cinemark Holdings, Inc.CNK3.68%
Mattel, Inc.MAT3.63%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 27, 2024$0.12141Dec 27, 2024
Dec 5, 2024$4.45095Dec 5, 2024
Dec 7, 2023$1.9982Dec 7, 2023
Dec 8, 2022$3.7795Dec 8, 2022
Dec 29, 2021$0.3515Dec 29, 2021
Dec 7, 2018$4.59433Dec 7, 2018
Full Dividend History