1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 228 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 22.15 percent over the past year, 13.57 percent over the past three years, 17.80 percent over the past five years, and 4.87 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||1.8%|
|3 Years (Annualized)||13.6%|
|5 Years (Annualized)||17.8%|
|10 Years (Annualized)||4.9%|
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"). It purchases 50 stocks as dictated by the Growth Strategy, weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Growth Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.
Fees are Above Average compared to funds in the same category.
Hennessy Cornerstone Growth Fund has an expense ratio of 0.98 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.