Hennessy Japan Fund (HJPNX)
The fund invests at least 80% of its net assets in equity securities of Japanese companies. The fund's manager considers a Japanese company to be a company organized under the laws of Japan, for which the principal securities trading market is Japan, or that has a majority of its assets or business in Japan. While it is considered a "diversified" mutual fund, it employs a relatively concentrated investment strategy and may hold securities of fewer issuers than other diversified funds.
Fund Info
| ISIN | US4258941024 |
|---|---|
| CUSIP | 425894102 |
| Issuer | Hennessy |
| Inception Date | Oct 30, 2003 |
| Category | Japan Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HJPNX has a high expense ratio of 1.44%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: HJPNX vs. NFTY, HJPNX vs. MINDX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hennessy Japan Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Hennessy Japan Fund had a return of 13.25% year-to-date (YTD) and 24.66% in the last 12 months. Over the past 10 years, Hennessy Japan Fund had an annualized return of 8.64%, while the S&P 500 had an annualized return of 10.76%, indicating that Hennessy Japan Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.25% | 11.21% |
| 1 month | 3.52% | 4.60% |
| 6 months | 18.82% | 16.35% |
| 1 year | 24.66% | 27.79% |
| 5 years (annualized) | 5.17% | 13.43% |
| 10 years (annualized) | 8.64% | 10.76% |
Monthly Returns
The table below presents the monthly returns of HJPNX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.45% | 8.28% | 4.08% | -5.13% | 13.25% | ||||||||
| 2023 | 6.17% | -4.08% | 5.20% | 0.23% | 3.14% | 5.09% | 1.26% | -1.75% | -3.47% | -2.45% | 7.15% | 5.20% | 22.90% |
| 2022 | -11.09% | -4.96% | -3.48% | -12.83% | 2.43% | -8.04% | 8.10% | -3.97% | -10.11% | 1.80% | 12.71% | -3.29% | -30.65% |
| 2021 | -1.83% | -0.57% | -2.51% | -1.75% | 0.67% | -0.66% | 1.09% | 4.70% | 2.88% | -2.53% | -1.80% | -0.54% | -3.08% |
| 2020 | -3.83% | -7.43% | -5.86% | 6.25% | 11.36% | 2.02% | 3.09% | 5.07% | 1.69% | 0.09% | 9.75% | 2.53% | 25.52% |
| 2019 | 3.29% | 1.64% | 2.20% | 3.12% | -4.64% | 3.58% | -1.60% | -1.80% | 3.81% | 4.21% | 1.40% | 1.91% | 18.04% |
| 2018 | 3.59% | -2.22% | 0.09% | -0.20% | 1.39% | -0.34% | -1.29% | 2.67% | 4.71% | -11.06% | 3.69% | -6.62% | -6.57% |
| 2017 | 5.68% | -0.39% | 0.32% | 1.94% | 5.21% | 0.64% | 1.60% | 0.92% | 1.33% | 4.80% | 4.79% | 1.53% | 32.04% |
| 2016 | -3.96% | 1.01% | 3.82% | 2.13% | 4.47% | 1.22% | 1.94% | 0.53% | 4.46% | 0.69% | -4.60% | -0.53% | 11.26% |
| 2015 | 3.71% | 5.14% | 1.92% | 0.86% | 0.17% | 2.04% | 2.66% | -5.30% | -8.17% | 12.06% | 0.54% | -1.98% | 12.95% |
| 2014 | -2.24% | 2.50% | -0.15% | -1.27% | 2.94% | 4.41% | 1.54% | 0.43% | -0.52% | 2.98% | -2.71% | -0.85% | 6.98% |
| 2013 | 2.83% | 2.56% | 5.97% | 5.98% | -5.53% | 2.07% | 3.55% | -3.64% | 8.74% | 2.07% | 0.36% | -0.61% | 26.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HJPNX is 47, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
HJPNX (Hennessy Japan Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hennessy Japan Fund (HJPNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hennessy Japan Fund granted a 5.18% dividend yield in the last twelve months. The annual payout for that period amounted to $2.18 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $2.18 | $2.18 | $0.00 | $0.41 | $0.00 | $0.05 | $0.01 | $0.01 |
Dividend yield | 5.18% | 5.87% | 0.00% | 0.89% | 0.00% | 0.13% | 0.04% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Hennessy Japan 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.18 | $2.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2017 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hennessy Japan 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 Japan Fund was 59.51%, occurring on Mar 3, 2009. Recovery took 1322 trading sessions.
The current Hennessy Japan Fund drawdown is 13.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.51% | Apr 11, 2006 | 725 | Mar 3, 2009 | 1322 | Jun 4, 2014 | 2047 |
| -44.72% | Sep 16, 2021 | 273 | Oct 14, 2022 | — | — | — |
| -27.51% | Jan 23, 2020 | 37 | Mar 16, 2020 | 54 | Jun 2, 2020 | 91 |
| -17.73% | Oct 3, 2018 | 57 | Dec 24, 2018 | 232 | Nov 25, 2019 | 289 |
| -16.53% | Aug 11, 2015 | 35 | Sep 29, 2015 | 139 | Apr 19, 2016 | 174 |
Volatility
Volatility Chart
The current Hennessy Japan Fund volatility is 4.92%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.