Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
31.0%
1 yr return
45.2%
3 Yr Avg Return
13.8%
5 Yr Avg Return
19.8%
Net Assets
$256 M
Holdings in Top 10
26.0%
Expense Ratio 1.02%
Front Load N/A
Deferred Load N/A
Turnover 98.00%
Redemption Fee N/A
Standard (Taxable)
$250,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
• | Price-to-sales ratio below 1.5 |
The Growth Strategy uses price-to-sales as its value criterion because sales figures are more difficult for a company to manipulate than earnings and frequently provide a clearer picture of a company’s potential value. | |
• | Annual earnings that are higher than the previous year |
The Growth Strategy considers improved earnings to be a key indicator of a company’s financial strength. | |
• | Positive stock price appreciation over the past three-month and six-month periods |
The Growth Strategy considers stock price appreciation because it is often associated with positive fundamentals, such as strong growth or improving profitability. |
Period | HICGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 31.0% | -18.0% | 29.9% | 0.19% |
1 Yr | 45.2% | -2.3% | 47.7% | 0.19% |
3 Yr | 13.8%* | -14.7% | 41.9% | 0.38% |
5 Yr | 19.8%* | -12.9% | 33.7% | 0.40% |
10 Yr | 10.0%* | -3.1% | 17.9% | 3.17% |
* Annualized
Period | HICGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.2% | -19.9% | 29.0% | 8.14% |
2022 | -8.2% | -59.3% | 118.2% | 1.52% |
2021 | 1.8% | -31.6% | 39.3% | 77.95% |
2020 | 18.1% | -51.0% | 39.5% | 14.29% |
2019 | 21.0% | -5.6% | 37.8% | 49.28% |
Period | HICGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 31.0% | -18.0% | 29.9% | 0.19% |
1 Yr | 45.2% | -2.3% | 47.7% | 0.19% |
3 Yr | 13.8%* | -14.7% | 41.9% | 0.38% |
5 Yr | 19.8%* | -12.9% | 33.7% | 0.40% |
10 Yr | 10.0%* | -3.1% | 17.9% | 3.17% |
* Annualized
Period | HICGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.0% | -11.7% | 31.8% | 14.20% |
2022 | -4.7% | -45.2% | 123.7% | 1.52% |
2021 | 29.4% | 0.0% | 45.6% | 15.67% |
2020 | 18.1% | -50.5% | 46.9% | 26.19% |
2019 | 21.0% | 2.2% | 40.9% | 86.54% |
HICGX | Category Low | Category High | HICGX % Rank | |
---|---|---|---|---|
Net Assets | 256 M | 529 K | 145 B | 66.10% |
Number of Holdings | 51 | 2 | 2445 | 91.90% |
Net Assets in Top 10 | 126 M | 124 K | 9.87 B | 38.79% |
Weighting of Top 10 | 26.03% | 3.1% | 100.1% | 21.93% |
Weighting | Return Low | Return High | HICGX % Rank | |
---|---|---|---|---|
Stocks | 96.95% | 7.51% | 107.74% | 78.72% |
Cash | 3.09% | 0.00% | 42.24% | 30.32% |
Preferred Stocks | 0.00% | 0.00% | 6.06% | 17.51% |
Other | 0.00% | -0.07% | 49.08% | 54.05% |
Convertible Bonds | 0.00% | 0.00% | 3.17% | 17.55% |
Bonds | 0.00% | 0.00% | 87.66% | 24.11% |
Weighting | Return Low | Return High | HICGX % Rank | |
---|---|---|---|---|
Energy | 37.72% | 0.00% | 37.72% | 0.19% |
Industrials | 16.82% | 2.46% | 37.42% | 49.52% |
Basic Materials | 14.20% | 0.00% | 18.66% | 1.14% |
Consumer Defense | 9.49% | 0.00% | 18.87% | 1.33% |
Financial Services | 8.78% | 0.00% | 35.52% | 96.19% |
Healthcare | 7.85% | 0.00% | 26.53% | 84.76% |
Consumer Cyclical | 3.42% | 0.99% | 47.79% | 99.24% |
Communication Services | 1.71% | 0.00% | 14.85% | 76.19% |
Utilities | 0.00% | 0.00% | 18.58% | 91.05% |
Technology | 0.00% | 0.00% | 43.95% | 99.62% |
Real Estate | 0.00% | 0.00% | 29.43% | 96.76% |
Weighting | Return Low | Return High | HICGX % Rank | |
---|---|---|---|---|
US | 96.95% | 2.58% | 107.74% | 72.32% |
Non US | 0.00% | 0.00% | 97.07% | 29.94% |
HICGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.02% | 0.01% | 38.30% | 53.31% |
Management Fee | 0.74% | 0.00% | 1.50% | 48.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | 5.28% |
Administrative Fee | N/A | 0.01% | 0.45% | 58.77% |
HICGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
HICGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HICGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 98.00% | 1.00% | 314.00% | 87.77% |
HICGX | Category Low | Category High | HICGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.49% | 0.00% | 42.47% | 63.09% |
HICGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
HICGX | Category Low | Category High | HICGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.17% | -2.40% | 2.49% | 74.29% |
HICGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.184 | OrdinaryDividend |
Dec 28, 2022 | $0.354 | OrdinaryDividend |
Dec 08, 2022 | $0.575 | CapitalGainLongTerm |
Dec 07, 2021 | $6.927 | CapitalGainLongTerm |
Dec 29, 2015 | $0.051 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Jul 01, 2000
21.93
21.9%
Neil is a seasoned asset manager with over four decades of financial services and investing experience. He started his career as a broker in 1979, started his first mutual fund in 1996, and today provides strategic economic and market direction for Hennessy Funds. As Chief Market Strategist, Neil analyzes the economy and financial markets to develop insights and direction to support our investment team. Embodying the Hennessy Funds' motto of "Investing, Uncompromised" Neil leads with high conviction, adhering to proven and repeatable strategies, and always in the best interest of shareholders, and he never strays from these core values. Neil began his career at Paine Webber and worked there and at Hambrecht & Quist until founding his own broker/dealer firm in 1989 and Hennessy Funds in 1996. Neil is a recognized and respected asset manager, and he is a frequent guest/contributor in national financial media. Neil received a BBA in Business Administration from the University of San Diego.
Start Date
Tenure
Tenure Rank
Feb 28, 2017
5.25
5.3%
Kelley has been employed by Hennessy Advisors, Inc. since October 26, 2012. Prior to October 26 2012, Mr. Kelley was employed by FBR Fund Advisers, Inc. Prior to joining the FBR Advisers, Inc. in 2005, he held various positions at FBR, including senior equity analyst in the research department since 2002 and associate in corporate finance for five years prior to 2002. Kelley holds the Chartered Financial Analyst designation.
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Wein joined the Investment Manager in September 2018 until February 2019.Josh previously joined BB&T Asset Management in 2008 and Sterling Capital Management through merger in October 2010. He has investment experience since 1995. Josh is an investment analyst with Sterling's Advisory Solutions team with a focus on alternative investments. Prior to joining BB&T, he worked as a Managing Member of Bellator Capital Partners, a long/short equity fund focused primarily on small and mid-cap equities. He also worked as an Equity Research Associate covering enterprise software companies at First Union Securities. Josh is a graduate of Emory University where he received his BBA in Finance. He received his MBA from Vanderbilt University. He is a CAIA charterholder.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 49.61 | 7.18 | 2.58 |
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