Hennessy Balanced Fund (HBFBX)
The fund invests approximately 50% of its assets in roughly equal dollar amounts in the ten highest dividend-yielding Dow Jones Industrial Average ("DJIA") stocks (known as the "Dogs of the Dow"), but limits exposure to market risk and volatility by investing approximately 50% of its assets in U.S. Treasury securities with a maturity of less than one year. It is non-diversified.
Fund Info
US4258871064
425887106
Mar 7, 1996
$2,500
Large-Cap
Value
Expense Ratio
HBFBX has an expense ratio of 0.49%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Hennessy Balanced Fund (HBFBX) returned 2.88% year-to-date (YTD) and 6.66% over the past 12 months. Over the past 10 years, HBFBX returned 4.64% annually, underperforming the S&P 500 benchmark at 10.85%.
HBFBX
2.88%
0.76%
0.22%
6.66%
4.33%
5.76%
4.64%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of HBFBX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.48% | 2.33% | -0.18% | -2.46% | 0.76% | 2.88% | |||||||
| 2024 | 0.55% | -0.41% | 2.24% | -1.43% | 1.81% | -0.86% | 3.91% | 1.29% | 0.94% | -1.63% | 1.41% | -2.58% | 5.17% |
| 2023 | 1.20% | -1.93% | 1.50% | -0.14% | -2.17% | 1.89% | 2.69% | 0.30% | -1.93% | -0.67% | 3.06% | 3.81% | 7.64% |
| 2022 | 0.27% | -0.79% | 1.52% | -1.05% | 2.69% | -4.83% | 1.20% | -2.15% | -4.16% | 6.29% | 3.84% | -2.19% | 0.06% |
| 2021 | -0.26% | 2.58% | 4.16% | 0.16% | 1.53% | -0.78% | -0.72% | 0.64% | -2.23% | 1.15% | -2.33% | 4.14% | 8.08% |
| 2020 | -3.05% | -4.58% | -5.08% | 4.42% | 0.72% | -1.36% | 0.73% | 1.17% | -1.70% | -1.45% | 6.46% | 1.34% | -2.98% |
| 2019 | 2.49% | 2.26% | 1.11% | 0.33% | -2.51% | 3.21% | 0.32% | -1.77% | 1.21% | 0.32% | 1.29% | 1.20% | 9.71% |
| 2018 | 2.04% | -2.71% | -0.77% | 0.75% | 0.08% | 0.43% | 1.15% | 0.81% | 0.79% | -1.44% | 2.67% | -3.54% | 0.06% |
| 2017 | -0.16% | 2.13% | -0.88% | 0.41% | -0.16% | 0.33% | 2.10% | 0.00% | 1.79% | 0.16% | 1.32% | 1.06% | 8.34% |
| 2016 | -0.99% | 0.17% | 3.70% | 0.64% | 0.24% | 1.84% | 1.26% | -0.31% | 0.47% | -1.63% | 2.45% | 1.13% | 9.21% |
| 2015 | -1.53% | 2.95% | -1.78% | 1.38% | -0.08% | -1.76% | 0.41% | -3.25% | -1.12% | 5.01% | -0.24% | 0.04% | -0.26% |
| 2014 | -2.29% | 1.53% | 1.22% | 1.02% | 0.08% | 0.32% | -0.08% | 1.09% | -0.25% | -0.15% | 1.62% | -1.45% | 2.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HBFBX is 69, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hennessy Balanced Fund (HBFBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Hennessy Balanced Fund provided a 4.07% dividend yield over the last twelve months, with an annual payout of $0.49 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.49 | $0.63 | $0.55 | $0.67 | $0.46 | $0.11 | $0.63 | $0.64 | $0.94 | $0.95 | $0.31 | $0.62 |
Dividend yield | 4.07% | 5.39% | 4.63% | 5.83% | 3.79% | 0.96% | 5.19% | 5.51% | 7.63% | 7.76% | 2.54% | 4.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Hennessy Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | |||||||
| 2024 | $0.04 | $0.03 | $0.09 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.00 | $0.00 | $0.21 | $0.63 |
| 2023 | $0.03 | $0.03 | $0.06 | $0.03 | $0.03 | $0.07 | $0.03 | $0.03 | $0.08 | $0.04 | $0.00 | $0.12 | $0.55 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.51 | $0.67 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.46 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.53 | $0.63 |
| 2018 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.58 | $0.64 |
| 2017 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.90 | $0.94 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.92 | $0.95 |
| 2015 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.28 | $0.31 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.61 | $0.62 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Hennessy Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Hennessy Balanced Fund was 41.61%, occurring on Mar 9, 2009. Recovery took 707 trading sessions.
The current Hennessy Balanced Fund drawdown is 2.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.61% | Oct 15, 2007 | 351 | Mar 9, 2009 | 707 | Dec 23, 2011 | 1058 |
| -17.82% | May 24, 2002 | 95 | Oct 9, 2002 | 300 | Dec 18, 2003 | 395 |
| -17.24% | Jan 3, 2020 | 55 | Mar 23, 2020 | 232 | Feb 23, 2021 | 287 |
| -13.71% | May 11, 1999 | 214 | Mar 7, 2000 | 251 | Mar 7, 2001 | 465 |
| -10.06% | Apr 21, 2022 | 113 | Sep 30, 2022 | 230 | Aug 31, 2023 | 343 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...