Hennessy Large Cap Financial Fund (HLFNX)

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The chart shows the growth of an initial investment of $10,000 in Hennessy Large Cap Financial Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Hennessy Large Cap Financial Fund (HLFNX) has returned -14.20% so far this year and 7.89% over the past 12 months. Over the last ten years, HLFNX has returned 9.82% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 1997, HLFNX's average daily return is +0.03%, while the average monthly return is +0.55%. At this rate, your investment would double in approximately 10.5 years.

Historically, 56% of months were positive and 44% were negative. The best month was Mar 2000 with a return of +18.9%, while the worst month was Dec 2007 at -22.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, HLFNX closed higher 51% of trading days. The best single day was Mar 23, 2009 with a return of +14.8%, while the worst single day was Dec 14, 2007 at -21.8%.

Hennessy Large Cap Financial Fund has an annualized alpha of -1.82%, beta of 1.01, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since January 03, 1997.

• This fund participated in 102.54% of S&P 500 Index downside but only 88.67% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 1.01 and R² of 0.62, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

HLFNX has a high expense ratio of 1.68%, indicating above-average management fees.

HLFNX ranks 12 for risk / return — in the bottom 12% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Hennessy Large Cap Financial Fund (HLFNX) and compare them to a chosen benchmark (S&P 500 Index).

Hennessy Large Cap Financial Fund provided a 9.23% dividend yield over the last twelve months, with an annual payout of $2.63 per share.

The table displays the monthly dividend distributions for Hennessy Large Cap Financial Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Hennessy Large Cap Financial 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 Large Cap Financial Fund was 71.74%, occurring on Mar 6, 2009. Recovery took 2199 trading sessions.

The current Hennessy Large Cap Financial Fund drawdown is 17.86%.

The chart below shows the rolling one-month volatility.