Hennessy Cornerstone Mid Cap 30 Instl HIMDX
25.21 USD -0.02 (-0.08%)
Regular-session close
Day range unavailable
22.60 52-week range 29.67
- YTD
- +3.87%
- 1 year
- +4.95%
- YTD return
- +3.87%
- 1-year return
- +4.95%
- Previous close
- 25.23
- 52-week range
- 22.60 – 29.67
No chart data for this range yet.
Key statistics
- 50-day average
- 25.16
- 200-day average
- 24.53
About Hennessy Cornerstone Mid Cap 30 Instl
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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