Hennessy Cornerstone Growth Fund Inv Cl (HFCGX) Research
The Hennessy Cornerstone Growth Fund primarily invests in common stocks exhibiting strong growth potential. These investments encompass any company listed on a U.S. national securities exchange, including American Depositary Receipts (ADRs) – U.S. dollar-denominated securities from foreign issuers also traded on U.S. exchanges. Its stock selection process is driven by a quantitative methodology known as the Cornerstone Growth Strategy. The fund typically acquires 50 such stocks, maintaining an equal dollar weighting by allocating 2% of the portfolio's total assets to each. This strategy dictates an annual re-evaluation of the stock universe and a subsequent rebalancing of the portfolio, which generally occurs during the winter months.
Market snapshot
- Symbol
- HFCGX
- Price
- $37.58
- Day change
- +0.75%
- Market cap
- $322.0M
- 52-week range
- 31.22-39.1
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Ariel International Investor (AINTX)
- BlackRock Income Trust, Inc. (BKT)
- Nuveen Small Cap Value Fund (FSCCX)
- Western Asset High Yield Defined Opportunity Fund Inc. (HYI)
- Cohen & Steers International Realty Fund Class A (IRFAX)
- MFS Charter Income Trust (MCR)
- PGIM Quant Solutions International Equity Fund- Class Z (PJIZX)
- Steward Values Enhanced International Fund A (SNTKX)
Open Hennessy Cornerstone Growth Fund Inv Cl (HFCGX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.