Hennessy Funds Trust - Hennessy Cornerstone Mid Cap 30 Fund(NASDAQMUTFUND) HFMDX

Hennessy Cornerstone Mid Cap 30 Fund Inv Class focuses on growth-oriented mid-sized companies, utilizing a proprietary quantitative methodology. The fund maintains a diversified portfolio of 30 distinct stock holdings, each receiving equal allocation.

Products and Services

• Investment in growth-oriented mid-sized companies
• Utilization of the Cornerstone Mid Cap 30 Formula for stock selection
• Annual rebalancing of portfolio holdings

Growth Outlook

• Market capitalization of approximately $1.26 billion indicates strong investor interest
• Recent stock price range between $21.39 and $28.11 shows potential for growth
• Annual rebalancing strategy aims to optimize performance in changing market conditions

Financial Highlights

• Recent dividend yield of 0.68% reflects steady income potential
• Trailing twelve months dividend per share stands at $0.16531
• Stock price change of $0.29 indicates positive market sentiment

The Hennessy Cornerstone Mid Cap 30 Fund Inv Class is designed for investors seeking exposure to mid-cap growth stocks. The fund's unique investment strategy, which emphasizes equal allocation among its 30 holdings, aims to mitigate risk while capitalizing on growth opportunities. The annual rebalancing process ensures that the portfolio remains aligned with market trends, potentially enhancing returns. With a solid market capitalization and a consistent dividend yield, the fund presents an attractive option for those interested in mid-cap investments.