Hennessy Balanced Fund Quote
| HBFBX Fund | USD 12.17 0.05 0.41% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Hennessy Balanced is trading at 12.17 as of the 24th of November 2024; that is 0.41 percent up since the beginning of the trading day. The fund's open price was 12.12. Hennessy Balanced has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Hennessy Balanced Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2023 and ending today, the 24th of November 2024. Click here to learn more.
The fund invests approximately 50 percent of its assets in roughly equal dollar amounts in the 10 highest dividend-yielding Dow Jones Industrial Average stocks , but limits exposure to market risk and volatility by investing approximately 50 percent of its assets in U.S. More on Hennessy Balanced Fund
Hennessy Mutual Fund Highlights
| Fund Concentration | Hennessy Funds, Large Value Funds, Allocation--30% to 50% Equity Funds, Allocation--30% to 50% Equity, Hennessy (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Hennessy Balanced Fund [HBFBX] is traded in USA and was established 24th of November 2024. Hennessy Balanced is listed under Hennessy category by Fama And French industry classification. The fund is listed under Allocation--30% to 50% Equity category and is part of Hennessy family. This fund currently has accumulated 12.01 M in assets under management (AUM) with minimum initial investment of 2.5 K. Hennessy Balanced is currently producing year-to-date (YTD) return of 3.9% with the current yeild of 0.03%, while the total return for the last 3 years was 2.97%.
Check Hennessy Balanced Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hennessy Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hennessy Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Hennessy Balanced Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Hennessy Balanced Fund Mutual Fund Constituents
| MRK | Merck Company | Stock | Health Care | |
| CSCO | Cisco Systems | Stock | Information Technology | |
| CVX | Chevron Corp | Stock | Energy | |
| DOW | Dow Inc | Stock | Materials | |
| IBM | International Business Machines | Stock | Information Technology | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| KO | The Coca Cola | Stock | Consumer Staples | |
| MMM | 3M Company | Stock | Industrials |
Hennessy Balanced Risk Profiles
| Mean Deviation | 0.3058 | |||
| Semi Deviation | 0.3044 | |||
| Standard Deviation | 0.3765 | |||
| Variance | 0.1418 |
Hennessy Balanced Against Markets
Other Information on Investing in Hennessy Mutual Fund
Hennessy Balanced financial ratios help investors to determine whether Hennessy Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hennessy with respect to the benefits of owning Hennessy Balanced security.
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