Hennessy Small Cap Financial Fund Institutional Class (HISFX)
| Fund Assets | 64.56M |
| Expense Ratio | 1.29% |
| Min. Investment | $250,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 1.15 |
| Dividend Yield | 7.42% |
| Dividend Growth | 18.58% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 15.51 |
| YTD Return | 2.51% |
| 1-Year Return | 8.03% |
| 5-Year Return | 139.29% |
| 52-Week Low | 12.45 |
| 52-Week High | 18.34 |
| Beta (5Y) | n/a |
| Holdings | 32 |
| Inception Date | May 30, 2008 |
About HISFX
The Hennessy Small Cap Financial Fund Institutional Class is an actively managed mutual fund focused on U.S. small-cap financial sector companies. Its primary objective is to provide capital preservation and appreciation through a concentrated portfolio of 25–50 stocks, predominantly in financial services, regional, and community banks with market capitalizations under $3 billion. The fund is distinguished by its investment philosophy, which targets institutions with experienced management, conservative lending practices, uncomplicated business models, and strong balance sheets. Portfolio managers seek companies demonstrating sustainable earnings and book value growth, while maintaining attractive valuations compared to peers. As of the latest data, nearly all assets are allocated to financials, with a particular emphasis on regional banks. The fund’s institutional class demands a higher initial investment and caters to institutional investors, offering exposure to the small-cap financial landscape, an area often overlooked by larger funds. The fund plays a specialized role within the market by enabling access to diversified small-cap banking and financial services, managed by a team with deep sector experience.
Performance
HISFX had a total return of 8.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.95%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HSFNX | Investor Class | 1.63% |
Top 10 Holdings
48.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Bread Financial Holdings, Inc. | BFH | 5.19% |
| OceanFirst Financial Corp. | OCFC | 5.07% |
| Banc of California, Inc. | BANC | 4.96% |
| WaFd, Inc. | WAFD | 4.88% |
| NB Bancorp, Inc. | NBBK | 4.87% |
| BankUnited, Inc. | BKU | 4.85% |
| Pacific Premier Bancorp, Inc. | PPBI | 4.79% |
| Provident Financial Services, Inc. | PFS | 4.78% |
| ConnectOne Bancorp, Inc. | CNOB | 4.74% |
| Hingham Institution for Savings | HIFS | 4.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.43608 | Dec 27, 2024 |
| Dec 5, 2024 | $0.71606 | Dec 5, 2024 |
| Dec 27, 2023 | $0.55918 | Dec 27, 2023 |
| Dec 7, 2023 | $0.41247 | Dec 7, 2023 |
| Dec 28, 2022 | $0.30739 | Dec 28, 2022 |
| Dec 8, 2022 | $1.267 | Dec 8, 2022 |