HFCIX Performance — Hennessy Focus Fund, Institutional Class
Data updated: 2026-09-28
HFCIX returned −0.33% year to date and +6.13% over one year to Jul 2026. Annualised returns are +15.03% over 3 years and +7.24% over 5 years. Against its US Mid-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $152, against $144 for the category, and to $106 over one year, against $119. Volatility over the past three years was 25.28% a year. In the 12 months to Jul 2026 the fund took in a net $38.0M, and assets reached $461.42M.
HFCIX Growth of $100
What $100 invested in Hennessy Focus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | HFCIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $119 |
| 3 years (Aug 2023 – Jul 2026) | $152 | $144 |
| 5 years (Aug 2021 – Jul 2026) | $142 | $145 |
| Since data start (Aug 2019 – Jul 2026) | $202 | $204 |
HFCIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.33% |
| 1 year | +6.13% |
| 3 years (annualised) | +15.03% |
| 5 years (annualised) | +7.24% |
HFCIX Annual Returns
Calendar-year total returns of Hennessy Focus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.33% |
| 2025 | +27.23% |
| 2024 | +15.21% |
| 2023 | +21.31% |
| 2022 | −24.70% |
| 2021 | +32.01% |
| 2020 | +5.89% |
| 2019 (Aug–Dec) | +8.10% |
HFCIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.8% | −6.2% | −4.0% | +2.2% | +10.2% | +0.5% | −10.9% | — | — | — | — | — |
| 2025 | +3.6% | +0.2% | −8.0% | −2.1% | +2.7% | +18.7% | +4.8% | −1.9% | −1.2% | +16.9% | −9.4% | +3.8% |
| 2024 | −2.6% | +5.6% | +1.6% | −9.0% | +6.8% | +0.4% | +13.9% | +2.9% | +1.5% | −3.7% | +5.9% | −7.0% |
| 2023 | +11.0% | −3.5% | −2.4% | +1.7% | −3.0% | +11.2% | +1.6% | −0.1% | −7.3% | −5.0% | +9.2% | +8.4% |
| 2022 | −8.3% | −2.3% | +1.4% | −9.1% | +3.0% | −8.5% | +11.3% | −7.4% | −12.7% | +6.0% | +8.3% | −6.3% |
| 2021 | −2.5% | +6.9% | +8.9% | +5.0% | +0.4% | +1.7% | +2.0% | +2.3% | −3.4% | +6.8% | −3.1% | +3.9% |
| 2020 | +1.3% | −6.7% | −26.2% | +14.5% | +8.6% | +4.5% | +5.1% | +6.0% | −5.4% | −5.3% | +12.4% | +4.0% |
| 2019 | — | — | — | — | — | — | — | +0.5% | +2.1% | +1.9% | +4.0% | −0.7% |
HFCIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 25.28%
- 3-year Sharpe ratio: 0.42 (vs 4.5% risk-free rate)
- Best month: +18.70% (Jun 2025)
- Worst month: −10.90% (Jul 2026)
HFCIX Fund Flows
Monthly money in and out of Hennessy Focus Fund, from SEC Form N-PORT.
- 12-month net flow: $38.0M
- 12-month gross sales (incl. reinvestments): $215.2M
- Sales ÷ redemptions: 1.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.7M | $10.2M | −$7.4M |
| Jun 2026 | $2.0M | $9.5M | −$7.5M |
| May 2026 | $2.2M | $12.1M | −$9.9M |
| Apr 2026 | $2.3M | $9.0M | −$6.8M |
| Mar 2026 | $2.7M | $8.2M | −$5.5M |
| Feb 2026 | $3.2M | $11.2M | −$8.0M |
| Jan 2026 | $6.4M | $13.3M | −$6.9M |
| Dec 2025 | $178.1M | $37.6M | $140.5M |
| Nov 2025 | $5.7M | $13.0M | −$7.3M |
| Oct 2025 | $4.8M | $24.4M | −$19.6M |
| Sep 2025 | $2.2M | $15.5M | −$13.3M |
| Aug 2025 | $2.9M | $13.1M | −$10.2M |
HFCIX Assets Under Management
Net assets of Hennessy Focus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $461.42M |
| 2026-04-30 | $491.83M |
| 2026-01-31 | $556.15M |
| 2025-10-31 | $592.29M |
| 2025-07-31 | $564.95M |
| 2025-04-30 | $464.97M |
| 2025-01-31 | $617.94M |
| 2024-10-31 | $674.99M |
| 2024-07-31 | $688.83M |
| 2024-04-30 | $617.97M |
| 2024-01-31 | $664.91M |
| 2023-10-31 | $571.99M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.