Hennessy is trading at 28.25 as of the 1st of February 2025; that is 1.94 percent down since the beginning of the trading day. The fund's open price was 28.81. Hennessy 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. The performance scores are derived for the period starting the 5th of August 2024 and ending today, the 1st of February 2025. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in companies operating in the United States across the full spectrum of the energy supplydemand value chain, including traditional upstream, midstream, and downstream energy companies, as well as renewable energy companies and energy end users. More on Hennessy Bp Energy
Hennessy Bp Energy [HNRIX] is traded in USA and was established 1st of February 2025. Hennessy is listed under Hennessy category by Fama And French industry classification. The fund is listed under Equity Energy category and is part of Hennessy family. This fund currently has accumulated 18.57 M in assets under management (AUM) with minimum initial investment of 250 K. Hennessy Bp Energy is currently producing year-to-date (YTD) return of 6.51% with the current yeild of 0.0%, while the total return for the last 3 years was 20.07%.
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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 Bp Energy 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.
Other Information on Investing in Hennessy Mutual Fund
Hennessy 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 security.