Hennessy Balanced Fund Investor Class (HBFBX) NASDAQ
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Address
7250 Redwood Boulevard
Novato, CA 94945
United States of America (the)
Phone
8009664354
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
March 08, 1996
This fund employs a two-pronged investment strategy. Approximately half of its capital is allocated to an equally weighted portfolio of the ten top dividend-yielding stocks from the Dow Jones Industrial Average (DJIA), a strategy commonly referred to as the "Dogs of the Dow." To temper market risk and volatility, the remaining 50% of the fund's assets are invested in U.S. Treasury securities that mature in under one year. It operates as a non-diversified fund.