4 / 5 Stars
4 5 2 2 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 28 Financial Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 31.75 percent over the past year, 12.42 percent over the past three years, 20.85 percent over the past five years, and 4.59 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-1.1%|
|3 Years (Annualized)||12.4%|
|5 Years (Annualized)||20.9%|
|10 Years (Annualized)||4.6%|
The investment seeks capital appreciation. The fund invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in securities of large capitalization ("large-cap") companies "principally engaged" in the business of financial services. The adviser considers a large-cap company to be one that has a market capitalization of $3 billion or more, measured at the time of purchase. It may invest up to 20% of its net assets in companies with smaller market capitalizations or companies outside of the financial group of industries. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Hennessy Large Cap Financial Fund has an expense ratio of 1.57 percent.
Risk is Average compared to funds in the same category according to Morningstar.