Hennessy Midstream Fund Institutional Class (HMSIX)
| Fund Assets | 77.08M |
| Expense Ratio | 1.45% |
| Min. Investment | $250,000 |
| Turnover | 6.00% |
| Dividend (ttm) | 1.03 |
| Dividend Yield | 7.32% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 1, 2026 |
| Previous Close | 14.08 |
| YTD Return | 20.18% |
| 1-Year Return | 21.10% |
| 5-Year Return | 154.40% |
| 52-Week Low | 11.79 |
| 52-Week High | 14.72 |
| Beta (5Y) | 1.93 |
| Holdings | 16 |
| Inception Date | Dec 31, 2013 |
About HMSIX
The Hennessy Midstream Fund Institutional Class is a mutual fund focused on investing primarily in midstream energy companies. These companies play a critical role in the energy sector by providing transportation, storage, and processing services for oil and natural gas. The fund's main objective is to achieve capital appreciation through distribution growth and the delivery of current income, making it structured to appeal to investors who seek exposure to the infrastructure supporting the energy industry. The fund typically allocates at least 80% of its assets to energy infrastructure master limited partnerships (MLPs) and similar entities, emphasizing core holdings in major pipeline operators and related firms. Its portfolio features concentrated positions in leading companies such as Energy Transfer LP, Enterprise Products Partners L.P., and MPLX LP, among others. The Hennessy Midstream Fund Institutional Class is recognized for its relatively high distribution yield, providing quarterly income distributions and the potential for annual capital gains distributions. By focusing on the midstream segment, the fund occupies a vital niche, offering investors targeted access to the movement and storage backbone of the energy supply chain.
Performance
HMSIX had a total return of 21.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.46%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HMSFX | Investor Class | 1.76% |
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 |