| Scorecard |
|---|
|
5 / 5 Stars
|
|
Lipper
5
5
5
2
3
|
|
Zacks Investment Research
---
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
B
(Buy)
|
U.S. News evaluated 278 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 14.38 percent over the past year, 13.26 percent over the past three years, 6.99 percent over the past five years, and 8.97 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 9.0% |
| 1 Year | 14.4% |
| 3 Years (Annualized) | 13.3% |
| 5 Years (Annualized) | 7.0% |
| 10 Years (Annualized) | 9.0% |
Summary
The investment seeks long-term capital growth and current income. The fund invests in a blend of domestic common stocks, preferred stocks, convertible securities and core, high quality domestic corporate, agency and government bonds. It may invest in the stocks of companies of any size without regard to market capitalization. The fund may invest up to 10% of its assets in high yield bonds (commonly known as "junk bonds").
Fees
Fees are High compared to funds in the same category.
Hennessy Equity and Income Fund has an expense ratio of 1.24 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
