Hennessy Cornerstone Large Growth Inv HFLGX
13.65 USD 0.00 (+0.00%)
Regular-session close
Day range unavailable
11.32 52-week range 13.84
- YTD
- +20.58%
- 1 year
- +15.09%
- YTD return
- +20.58%
- 1-year return
- +15.09%
- Previous close
- 13.65
- 52-week range
- 11.32 – 13.84
No chart data for this range yet.
Key statistics
- 50-day average
- 12.18
- 200-day average
- 11.94
About Hennessy Cornerstone Large Growth Inv
The fund invests in growth-oriented common stocks of larger companies by utilizing a quantitative formula known as the Cornerstone Large Growth Formula (the "Large Growth Formula"). It purchases 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Large Growth Formula, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.
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