Hennessy Cornerstone Mid Cap 30 Inv HFMDX
23.85 USD -0.02 (-0.08%)
Regular-session close
Day range unavailable
21.39 52-week range 28.11
- YTD
- +3.56%
- 1 year
- +4.93%
- YTD return
- +3.56%
- 1-year return
- +4.93%
- Previous close
- 23.87
- 52-week range
- 21.39 – 28.11
No chart data for this range yet.
Key statistics
- 50-day average
- 24.13
- 200-day average
- 25.16
About Hennessy Cornerstone Mid Cap 30 Inv
The fund normally invests at least 80% of its net assets in mid-cap growth-oriented common stocks by utilizing a quantitative formula known as the Cornerstone Mid Cap 30 Formula (the “Mid Cap 30 Formula”). It purchases 30 stocks weighted equally by dollar amount, with 3.33% of the portfolio's assets invested in each. Using the Mid Cap 30 Formula, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the fall.
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