Fund info

Hennessy Focus Fund Investor Class is an actively managed mutual fund that targets long-term capital appreciation by investing primarily in a concentrated portfolio of domestic equities, with selective exposure to foreign companies via U.S. exchanges or depositary receipts. The fund is managed with a high-conviction strategy, typically holding about 20–25 stocks, with more than 60% of assets frequently allocated to its top ten holdings. The portfolio managers implement an extensive, fundamentals-driven research process, seeking to identify high-quality businesses with strong, sustainable growth prospects, excellent management, large market opportunities, and trading at attractive valuations. This approach results in a low-turnover portfolio, often holding companies for five years or longer. The fund is classified within the mid-cap blend category and exhibits a distinct concentration in sectors such as communication services, financials, and consumer discretionary. Its philosophy and focused allocation aim to exploit long-term secular growth trends while minimizing tail risk. The Hennessy Focus Fund Investor Class has been in operation since 1997 and holds a notable position in the U.S. mid-cap equity segment, appealing to investors seeking a concentrated, research-intensive investment vehicle that diverges from broad market indexes.