5 / 5 Stars
5 2 4 2 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 135 Mid-Cap Blend 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 31.95 percent over the past year, 15.41 percent over the past three years, 22.32 percent over the past five years, and 12.37 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||15.1%|
|3 Years (Annualized)||15.4%|
|5 Years (Annualized)||22.3%|
|10 Years (Annualized)||12.4%|
The investment seeks long-term growth of capital. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in medium cap growth-oriented stocks (medium cap companies are companies with a market capitalization of $1 billion to $10 billion) by utilizing a highly disciplined, purely quantitative formula known as the Cornerstone Mid Cap 30 Formula® (the "Formula"). The Formula selects companies which have between $1 billion and $10 billion in market value, and excludes American Depositary Receipts, or "ADRs".
Fees are Above Average compared to funds in the same category.
Hennessy Cornerstone Mid Cap 30 Fund has an expense ratio of 1.31 percent.
Risk is Average compared to funds in the same category according to Morningstar.