Hennessy Funds Celebrates Two Lipper Fund Awards for Exceptional Performance
On March 17, 2025, Hennessy Funds proudly announced that two of its mutual funds received the esteemed 2025 Lipper Fund Awards. This recognition highlights the funds' consistently robust risk-adjusted performance when compared to their peers over periods of three or more years. The funds that were honored are the Hennessy Cornerstone Mid Cap 30 Fund (HIMDX) and the Hennessy Energy Transition Fund (HNRIX).
Ryan Kelley, Chief Investment Officer of Hennessy Funds, expressed his pride in receiving these awards, stating, "Both Funds have consistently provided strong risk-adjusted returns for our shareholders, and we are honored to be recognized by the esteemed Lipper organization once again." He emphasized the firm's commitment to delivering sustained, attractive returns regardless of market conditions, a testament to their dedication to value investing.
The Hennessy Cornerstone Mid Cap 30 Fund earned accolades for its top-tier risk-adjusted performance among Small-Cap Core Funds. Specifically, it excelled in both three-year performance, ranking among 875 funds, and in five-year performance, where it ranked among 838 funds, based on data cut off as of November 30, 2024. This fund adopts a formula-based investment strategy and features a concentrated portfolio of mid-cap companies, aiming to identify robust investment opportunities within this segment.
Meanwhile, the Hennessy Energy Transition Fund was recognized for its impressive risk-adjusted results in the Natural Resources Fund category. It stood out for its three-year performance, ranking amongst 41 funds, as well as its five-year and ten-year performance, where it ranked among 41 and 37 funds, respectively, as of the same date. This fund maintains a concentrated selection of companies that span the entire energy sector, demonstrating a comprehensive approach to achieving sustainable investment returns.
The Lipper Fund Awards are an initiative of the LSEG (London Stock Exchange Group) and are presented annually. They honor funds and fund management companies that have demonstrated excellent risk-adjusted performance relative to their peers. The awards are based on the Lipper Leader for Consistent Return rating, a risk-adjusted measure vetted over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return value in each classification earns the award.
"It's an honor to be recognized by Lipper for the Fund's performance, which reflects our dedication to an investment process that carefully balances risk and reward across the energy sector," said Ben Cook, Portfolio Manager of the Hennessy Energy Transition Fund. These statements reinforce the funds' strategic focus on achieving favorable returns through careful risk management and sector diversification.
Hennessy Funds is known for providing a wide array of investment solutions, including domestic equity funds, multi-asset funds, and specialty mutual funds, as well as exchange-traded funds (ETFs). The organization prides itself on delivering exceptional service to its shareholders and adhering to a consistent investment methodology. This includes combining tried-and-true stock selection strategies with a disciplined, team-managed approach to investment.
Potential investors should consider their investment objectives, risks, and associated costs thoroughly before investing. Detailed information is available in the funds' prospectuses, which can be found on the Hennessy Funds website at hennessyfunds.com or by calling 800-966-4354 for inquiries.
Hennessy Funds remains committed to helping investors navigate market fluctuations while adhering to its core principles of risk-adjusted performance and consistent strategy implementation. With these recent accolades, the organization affirms its position as a leader in the mutual fund space, continually demonstrating excellence in fund management and investment performance. Investors are encouraged to explore the opportunities that Hennessy Funds presents, particularly as they look to build and strengthen their investment portfolios.
Ryan Kelley, Chief Investment Officer of Hennessy Funds, expressed his pride in receiving these awards, stating, "Both Funds have consistently provided strong risk-adjusted returns for our shareholders, and we are honored to be recognized by the esteemed Lipper organization once again." He emphasized the firm's commitment to delivering sustained, attractive returns regardless of market conditions, a testament to their dedication to value investing.
The Hennessy Cornerstone Mid Cap 30 Fund earned accolades for its top-tier risk-adjusted performance among Small-Cap Core Funds. Specifically, it excelled in both three-year performance, ranking among 875 funds, and in five-year performance, where it ranked among 838 funds, based on data cut off as of November 30, 2024. This fund adopts a formula-based investment strategy and features a concentrated portfolio of mid-cap companies, aiming to identify robust investment opportunities within this segment.
Meanwhile, the Hennessy Energy Transition Fund was recognized for its impressive risk-adjusted results in the Natural Resources Fund category. It stood out for its three-year performance, ranking amongst 41 funds, as well as its five-year and ten-year performance, where it ranked among 41 and 37 funds, respectively, as of the same date. This fund maintains a concentrated selection of companies that span the entire energy sector, demonstrating a comprehensive approach to achieving sustainable investment returns.
The Lipper Fund Awards are an initiative of the LSEG (London Stock Exchange Group) and are presented annually. They honor funds and fund management companies that have demonstrated excellent risk-adjusted performance relative to their peers. The awards are based on the Lipper Leader for Consistent Return rating, a risk-adjusted measure vetted over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return value in each classification earns the award.
"It's an honor to be recognized by Lipper for the Fund's performance, which reflects our dedication to an investment process that carefully balances risk and reward across the energy sector," said Ben Cook, Portfolio Manager of the Hennessy Energy Transition Fund. These statements reinforce the funds' strategic focus on achieving favorable returns through careful risk management and sector diversification.
Hennessy Funds is known for providing a wide array of investment solutions, including domestic equity funds, multi-asset funds, and specialty mutual funds, as well as exchange-traded funds (ETFs). The organization prides itself on delivering exceptional service to its shareholders and adhering to a consistent investment methodology. This includes combining tried-and-true stock selection strategies with a disciplined, team-managed approach to investment.
Potential investors should consider their investment objectives, risks, and associated costs thoroughly before investing. Detailed information is available in the funds' prospectuses, which can be found on the Hennessy Funds website at hennessyfunds.com or by calling 800-966-4354 for inquiries.
Hennessy Funds remains committed to helping investors navigate market fluctuations while adhering to its core principles of risk-adjusted performance and consistent strategy implementation. With these recent accolades, the organization affirms its position as a leader in the mutual fund space, continually demonstrating excellence in fund management and investment performance. Investors are encouraged to explore the opportunities that Hennessy Funds presents, particularly as they look to build and strengthen their investment portfolios.
Topics Financial Services & Investing）
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