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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#154 in Small Blend
U.S. News evaluated 215 Small 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 26.41 percent over the past year, 15.04 percent over the past three years, 12.20 percent over the past five years, and 3.87 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||25.1%|
|3 Years (Annualized)||15.0%|
|5 Years (Annualized)||12.2%|
|10 Years (Annualized)||3.9%|
The investment seeks long-term growth of capital. The fund invests in growth-oriented common stocks by utilizing a highly disciplined, purely quantitative formula known as the Cornerstone Growth Strategy® (the "Growth Strategy"). From a universe of stocks with market capitalization exceeding $175 million, the Cornerstone Growth Strategy selects the 50 common stocks with the highest one-year price appreciation as of the date of purchase. The fund purchases 50 stocks as dictated by the Cornerstone Growth Strategy, weighted equally by dollar amount, with 2% of the portfolio's assets invested in each.
Fees are Above Average compared to funds in the same category.
Hennessy Cornerstone Growth Fund has an expense ratio of 1.34 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.