Hennessy Technology Fund Institutional Class (HTCIX)
| Fund Assets | 9.55M |
| Expense Ratio | 0.99% |
| Min. Investment | $250,000 |
| Turnover | 99.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 27.05 |
| YTD Return | 21.14% |
| 1-Year Return | 27.57% |
| 5-Year Return | 66.41% |
| 52-Week Low | 19.94 |
| 52-Week High | 28.43 |
| Beta (5Y) | 1.24 |
| Holdings | 61 |
| Inception Date | Mar 12, 2010 |
About HTCIX
Hennessy Technology Fund Institutional Class is an actively managed mutual fund focused on the technology sector. Its primary objective is to provide long-term capital appreciation by investing predominantly in technology companies listed on U.S. national securities exchanges. The portfolio emphasizes subsectors such as systems software, application software, semiconductors, communications equipment, and technology hardware, with the vast majority of assets allocated to information technology firms. This fund is designed for institutional investors seeking targeted exposure to the rapid growth and innovation found in the technology industry. Notably, the fund maintains a high active share, indicating a differentiated approach from broad market indices, and features a moderate to high level of portfolio turnover, reflecting an actively managed investment style. With a median market capitalization in the mid-cap range and a portfolio that spans both established and emerging technology players, this fund plays a specialized role in diversifying and potentially enhancing the performance of institutional investment portfolios within the context of the broader equity market.
Performance
HTCIX had a total return of 27.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.41%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HTECX | Investor Class | 1.24% |
Top 10 Holdings
20.98% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGXXX | 2.56% |
| Seagate Technology Holdings plc | STX | 2.23% |
| Western Digital Corporation | WDC | 2.17% |
| United Microelectronics Corporation | UMC | 2.16% |
| Extreme Networks, Inc. | EXTR | 2.10% |
| Micron Technology, Inc. | MU | 2.10% |
| Celestica Inc. | CLS | 2.08% |
| Skyworks Solutions, Inc. | SWKS | 1.89% |
| Jabil Inc. | JBL | 1.87% |
| Ingram Micro Holding Corporation | INGM | 1.82% |