About HTECX
Hennessy Technology Fund Investor Class is a mutual fund designed to provide long-term capital appreciation by investing primarily in technology-focused companies. The fund employs a quantitative, actively managed approach, maintaining a relatively concentrated portfolio of around 60 technology stocks. Its holdings span the Information Technology sector as well as sub-industries such as systems software, application software, semiconductors, technology hardware, and interactive media and services. Key selection criteria include sector-leading cash flows, sustained profitability, strong balance sheets, and attractive valuations. The fund aims to offer exposure to the potential growth of technology companies while mitigating some of the sector’s inherent volatility through careful stock selection. Established in 2002, the fund is managed by experienced professionals who emphasize a disciplined, diversified approach to technology investing. This fund plays a notable role in the market by providing investors access to a range of innovative technology businesses, contributing to advancements across multiple industries through its targeted investment strategy.
Fund Family Hennessy
Category Technology
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol HTECX
Share Class Investor Class
Index NASDAQ Composite TR
HTECX had a total return of 30.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.88%.
