Hennessy Cornerstone Value Fd Inv Cl (HFCVX)
Hennessy Cornerstone Value Fd Inv Cl operates in the Asset Management industry of the Financial Services sector, headquartered in Nevato, CA, US. The stock last traded at $25.93, up 0.23% on the session, giving a market capitalisation of $320.8M. Its beta of 0.43 implies it has historically moved less than the broad market.
This fund primarily invests in substantial, dividend-paying common stocks, utilizing a systematic quantitative framework known as the Cornerstone Value Strategy. It establishes a portfolio comprising exactly 50 different stocks, with each holding receiving an equal dollar weighting of 2% of the total assets. The investment universe is rigorously re-evaluated according to the Value Strategy, and the portfolio is subsequently rebalanced on an annual cycle, typically occurring during the winter.
Hennessy Cornerstone Value Fd Inv Cl is most often compared with the following Financial Services names: