3 / 5 Stars
4 2 5 2 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#94 in Large Value
U.S. News evaluated 326 Large Value 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 19.64 percent over the past year, 13.46 percent over the past three years, 26.81 percent over the past five years, and 6.39 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.2%|
|3 Years (Annualized)||13.5%|
|5 Years (Annualized)||26.8%|
|10 Years (Annualized)||6.4%|
The investment seeks total return, consisting of capital appreciation and current income. The fund invests in larger, dividend-paying companies by utilizing a highly disciplined, purely quantitative formula known as the Cornerstone Value Strategy® (the "Value Strategy"). The Value Strategy involves the identification of a universe of larger, widely-held companies with strong sales and cash flow known as the Market Leaders Universe™ ("Market Leaders"). The fund purchases 50 stocks as dictated by the Cornerstone Value Strategy, weighted equally by dollar amount, with 2% of the portfolio's assets invested in each.
Fees are Low compared to funds in the same category.
Hennessy Cornerstone Value Fund has an expense ratio of 1.22 percent.
Risk is Average compared to funds in the same category according to Morningstar.