3 / 5 Stars
1 1 5 5 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#149 in Large Value
U.S. News evaluated 330 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 10.04 percent over the past year, 10.99 percent over the past three years, 15.19 percent over the past five years, and 5.60 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.1%|
|3 Years (Annualized)||11.0%|
|5 Years (Annualized)||15.2%|
|10 Years (Annualized)||5.6%|
The investment seeks total return, consisting of capital appreciation and current income. The fund invests approximately 50% of its assets in the ten highest dividend-yielding Dow Jones Industrial Average ("DJIA") stocks (known as the "Dogs of the Dow"), in roughly equal dollar amounts, and approximately 50% of its assets in U.S. Treasury securities with a maturity of less than one year. It then utilizes a borrowing strategy which allows the fund's performance to approximate what it would be if the fund had an asset allocation of roughly 75% Dogs of the Dow stocks and 25% U.S. Treasury securities. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Hennessy Total Return Fund has an expense ratio of 1.27 percent.
Risk is Low compared to funds in the same category according to Morningstar.