Hennessy Japan Small Cap Fund (HJPSX)
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of smaller Japanese companies, typically considered to be companies with market capitalizations in the bottom 20% of all publicly traded 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.
Fund Info
| ISIN | US4258943004 |
|---|---|
| CUSIP | 425894300 |
| Issuer | Hennessy |
| Inception Date | Aug 30, 2007 |
| Category | Japan Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HJPSX has a high expense ratio of 1.57%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: HJPSX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hennessy Japan Small Cap 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 Small Cap Fund had a return of 5.72% year-to-date (YTD) and 13.55% in the last 12 months. Over the past 10 years, Hennessy Japan Small Cap Fund had an annualized return of 7.08%, while the S&P 500 had an annualized return of 10.88%, indicating that Hennessy Japan Small Cap Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.72% | 18.10% |
| 1 month | 3.21% | 1.42% |
| 6 months | 2.84% | 9.39% |
| 1 year | 13.55% | 26.58% |
| 5 years (annualized) | 4.42% | 13.42% |
| 10 years (annualized) | 7.08% | 10.88% |
Monthly Returns
The table below presents the monthly returns of HJPSX, 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 | -1.52% | 2.22% | 3.20% | -3.22% | 0.54% | 0.48% | 7.01% | -1.68% | 5.72% | ||||
| 2023 | 6.46% | -2.97% | 4.69% | -0.84% | -2.94% | 2.97% | 1.70% | -0.84% | -1.75% | -2.58% | 6.24% | 5.83% | 16.30% |
| 2022 | -6.42% | 0.75% | -6.87% | -7.64% | 2.95% | -5.17% | 5.90% | -1.88% | -6.24% | -0.83% | 10.07% | -0.64% | -16.35% |
| 2021 | -2.60% | -1.42% | 4.67% | -2.43% | -0.45% | 0.51% | 2.20% | -0.66% | 2.11% | -1.31% | -6.46% | 1.55% | -4.64% |
| 2020 | -5.14% | -12.43% | -7.55% | 7.76% | 11.89% | -1.02% | -1.51% | 4.24% | 5.13% | -0.32% | 10.24% | 4.34% | 13.43% |
| 2019 | 4.16% | 3.21% | -2.21% | 2.40% | -1.86% | 3.09% | 0.89% | -3.38% | 3.08% | 4.68% | 1.04% | 3.66% | 19.97% |
| 2018 | 4.47% | -1.57% | 0.18% | 0.06% | 1.16% | -2.59% | 0.06% | -0.74% | 2.12% | -8.49% | 2.80% | -12.59% | -15.28% |
| 2017 | 5.52% | 5.93% | 2.72% | 0.48% | 4.39% | 2.75% | 3.12% | 1.73% | 3.19% | 2.54% | 5.23% | 3.48% | 49.60% |
| 2016 | -3.72% | -3.36% | 8.11% | -0.39% | 2.83% | 1.05% | 3.39% | -2.73% | 5.99% | -0.35% | -2.13% | 0.29% | 8.55% |
| 2015 | 1.80% | 1.56% | 1.64% | 2.82% | 3.72% | 3.21% | -2.01% | -4.10% | -2.24% | 2.39% | 2.14% | 0.42% | 11.56% |
| 2014 | 1.68% | -1.03% | 2.92% | -1.82% | 4.43% | 6.61% | -0.18% | 1.02% | -0.92% | -2.50% | -3.04% | 1.70% | 8.74% |
| 2013 | 4.29% | 1.58% | 9.03% | 7.81% | -4.33% | -1.66% | 3.10% | -2.19% | 8.57% | 0.34% | 0.77% | 2.80% | 33.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HJPSX is 10, indicating that it is in the bottom 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hennessy Japan Small Cap Fund (HJPSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hennessy Japan Small Cap Fund granted a 0.80% dividend yield in the last twelve months. The annual payout for that period amounted to $0.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.14 | $0.14 | $0.09 | $0.07 | $0.04 | $0.21 | $0.00 | $0.33 | $0.22 | $0.34 | $0.91 | $2.51 |
Dividend yield | 0.80% | 0.85% | 0.61% | 0.43% | 0.23% | 1.30% | 0.00% | 2.09% | 2.03% | 3.34% | 9.62% | 26.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Hennessy Japan Small Cap 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 | $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 | $0.14 | $0.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2018 | $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 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
| 2013 | $2.51 | $2.51 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hennessy Japan Small Cap 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 Small Cap Fund was 47.91%, occurring on Mar 9, 2009. Recovery took 468 trading sessions.
The current Hennessy Japan Small Cap Fund drawdown is 8.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.91% | Jun 6, 2008 | 189 | Mar 9, 2009 | 468 | Jan 13, 2011 | 657 |
| -36.83% | Jun 14, 2018 | 441 | Mar 16, 2020 | 166 | Nov 9, 2020 | 607 |
| -33.24% | Sep 15, 2021 | 274 | Oct 14, 2022 | — | — | — |
| -20.78% | Mar 1, 2011 | 12 | Mar 16, 2011 | 447 | Dec 26, 2012 | 459 |
| -16.62% | Jul 6, 2015 | 155 | Feb 12, 2016 | 78 | Jun 6, 2016 | 233 |
Volatility
Volatility Chart
The current Hennessy Japan Small Cap Fund volatility is 4.97%, 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.