Hennessy Midstream Fund Investor Class (HMSFX)
| Fund Assets | 77.08M |
| Expense Ratio | 1.76% |
| Min. Investment | $2,500 |
| Turnover | 6.00% |
| Dividend (ttm) | 1.03 |
| Dividend Yield | 7.76% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 13.35 |
| YTD Return | 19.04% |
| 1-Year Return | 19.48% |
| 5-Year Return | 150.00% |
| 52-Week Low | 11.18 |
| 52-Week High | 13.90 |
| Beta (5Y) | 1.93 |
| Holdings | 16 |
| Inception Date | Dec 31, 2013 |
About HMSFX
The Hennessy Midstream Fund Investor Class is a mutual fund focused on capital appreciation through both distribution growth and current income. This fund primarily invests at least 80% of its assets in midstream energy infrastructure companies—core businesses involved in the transportation, storage, and processing of oil and natural gas. The majority of its portfolio consists of master limited partnerships (MLPs) and common stocks, with additional allocations to preferred stocks, warrants, and debt instruments. The fund employs a concentrated, actively managed approach, leveraging in-depth sector research to target companies showing stable cash flows and strong balance sheets. It aims for limited commodity price exposure and a "demand-pull" bias, favoring firms benefiting from ongoing energy infrastructure expansion in the United States. With a high allocation to oil and gas storage and transportation, the Hennessy Midstream Fund serves investors seeking access to the U.S. midstream energy sector while potentially capturing a substantial and consistent income stream. The fund is non-diversified, reflecting its specialist focus within the broader energy industry.
Performance
HMSFX had a total return of 19.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.07%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HMSIX | Institutional Class | 1.45% |
Top 10 Holdings
90.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Enterprise Products Partners L.P. | EPD | 13.69% |
| Energy Transfer LP | ET | 13.39% |
| Plains All American Pipeline, L.P. | PAA | 11.51% |
| MPLX LP | MPLX | 11.34% |
| Antero Midstream Corporation | AM | 8.05% |
| The Williams Companies, Inc. | WMB | 7.95% |
| ONEOK, Inc. | OKE | 7.93% |
| Western Midstream Partners, LP | WES | 5.94% |
| First American Treasury Obligations Fund | FXFXX | 5.57% |
| First American Government Obligations Fund | FGXXX | 5.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 1, 2026 | $0.2575 | Jun 1, 2026 |
| Mar 2, 2026 | $0.2575 | Mar 2, 2026 |
| Dec 1, 2025 | $0.2575 | Dec 1, 2025 |
| Sep 2, 2025 | $0.2575 | Sep 2, 2025 |
| Jun 2, 2025 | $0.2575 | Jun 2, 2025 |
| Mar 3, 2025 | $0.2575 | Mar 3, 2025 |