Hennessy Gas Utility Fund Quote
| HGASX Fund | USD 29.83 0.08 0.27% |
Performance24 of 100
| Odds Of DistressLess than 14
|
Hennessy Gas is trading at 29.83 as of the 26th of November 2024; that is 0.27 percent down since the beginning of the trading day. The fund's open price was 29.91. Hennessy Gas has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Hennessy Gas Utility are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
The advisor intends to provide investment results that replicate the performance of the American Gas Association Stock Index. The index is maintained by the American Gas Association, a national trade association of natural gas distribution companies, and is licensed exclusively to the Manager for use as an investment strategy. More on Hennessy Gas Utility
Moving together with Hennessy Mutual Fund
Moving against Hennessy Mutual Fund
Hennessy Mutual Fund Highlights
| Fund Concentration | Hennessy Funds, Large Funds, Utilities Funds, Utilities, Hennessy (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Hennessy Gas Utility [HGASX] is traded in USA and was established 26th of November 2024. Hennessy Gas is listed under Hennessy category by Fama And French industry classification. The fund is listed under Utilities category and is part of Hennessy family. This fund currently has accumulated 486.62 M in assets under management (AUM) with minimum initial investment of 250 K. Hennessy Gas Utility is currently producing year-to-date (YTD) return of 29.79% with the current yeild of 0.02%, while the total return for the last 3 years was 13.58%.
Check Hennessy Gas 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 Gas Utility 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 Gas Utility Mutual Fund Constituents
| PCG | PGE Corp | Stock | Utilities | |
| ATO | Atmos Energy | Stock | Utilities | |
| D | Dominion Energy | Stock | Utilities | |
| KMI | Kinder Morgan | Stock | Energy | |
| LNG | Cheniere Energy | Stock | Energy | |
| SO | Southern Company | Stock | Utilities | |
| SRE | Sempra Energy | Stock | Utilities | |
| WEC | WEC Energy Group | Stock | Utilities |
Hennessy Gas Utility Risk Profiles
| Mean Deviation | 0.5435 | |||
| Semi Deviation | 0.1546 | |||
| Standard Deviation | 0.7051 | |||
| Variance | 0.4972 |
Hennessy Gas Against Markets
Other Information on Investing in Hennessy Mutual Fund
Hennessy Gas 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 Gas security.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |