Hennessy Small Cap Financial Fund (HSFNX)

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Hennessy Small Cap Financial Fund (HSFNX) is up 7.1% since the beginning of the year. HSFNX is currently trading at $29 per share. Investors who bought $1,000 worth of HSFNX shares 5 years ago would now be looking at an investment worth $1,257.

Hennessy Small Cap Financial Fund (HSFNX) has returned 7.11% so far this year and 29.76% over the past 12 months. Over the last ten years, HSFNX has returned 9.19% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 2, 1998, HSFNX's average daily return is +0.03%, while the average monthly return is +0.55%. At this rate, an investment would double in approximately 10.5 years.

Historically, 58% of months were positive and 42% were negative. The best month was Oct 2020 with a return of +21.8%, while the worst month was Dec 2007 at -29.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, HSFNX closed higher 51% of trading days. The best single day was Nov 9, 2020 with a return of +15.0%, while the worst single day was Dec 14, 2007 at -29.3%.

Hennessy Small Cap Financial Fund has an annualized alpha of 0.17%, beta of 0.77, and R2 of 0.38 versus S&P 500 Index. Calculated based on daily prices since January 05, 1998.

• This fund participated in 83.67% of S&P 500 Index downside but only 69.97% of its upside - more exposed to losses than it benefited from rallies.
• R2 of 0.38 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

HSFNX has a high expense ratio of 1.58%, indicating above-average management fees.

HSFNX ranks 25 for risk / return — below 25% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Hennessy Small Cap Financial Fund (HSFNX) and compare them to S&P 500 Index.

Hennessy Small Cap Financial Fund provided a 10.26% dividend yield over the last twelve months, with an annual payout of $3.01 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Hennessy Small 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 Small 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 Small Cap Financial Fund was 70.18%, occurring on Mar 5, 2009. Recovery took 2985 trading sessions.

The current Hennessy Small Cap Financial Fund drawdown is 4.83%.

The chart below shows the rolling one-month volatility.