HNRIX
Hennessy Energy Transition Fund
Hennessy Funds Trust
Expense ratio1
2.20%
Net assets2
$14.90M
Holdings2
26
Category
US Equity
2025 return3
12.85%

Investment objective & strategy

As of March 2, 2026 · prospectus

Objective. The Hennessy Energy Transition Fund seeks total return.

Strategy. The Fund invests in companies whose securities are listed on U.S. national securities exchanges, including through American Depositary Receipts (ADRs), which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. Investments consist primarily of common stocks. The Fund may also invest up to 25% of its total assets in securities of energy-related master limited partnerships (MLPs). As a non-principal investment strategy, the Fund may also invest in securities such as preferred stocks, warrants, equity-like instruments, and debt instruments. With respect to up to 10% of its total assets, the Fund may invest in high-yield debt securities, preferred shares, and convertible securities. The Fund invests without regard to market capitalization. Under normal circumstances, the Fund invests at … The Fund invests in companies whose securities are listed on U.S. national securities exchanges, including through American Depositary Receipts (ADRs), which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. Investments consist primarily of common stocks. The Fund may also invest up to 25% of its total assets in securities of energy-related master limited partnerships (MLPs). As a non-principal investment strategy, the Fund may also invest in securities such as preferred stocks, warrants, equity-like instruments, and debt instruments. With respect to up to 10% of its total assets, the Fund may invest in high-yield debt securities, preferred shares, and convertible securities. The Fund invests without regard to market capitalization. Under normal circumstances, the Fund invests at least 80% of its net assets in companies operating in the United States across the full spectrum of the energy supply/demand value chain, including traditional upstream, midstream, and downstream energy companies, as well as renewable energy companies and energy end users. The Portfolio Managers use a proprietary research and investment process that involves fundamental and quantitative analysis of various macroeconomic and commodity price and other factors to select the Funds investments and determine the weighting of each investment. The Portfolio Managers may sell all or a portion of a position of the Funds portfolio holding for a number of reasons, including (1) the issuers fundamentals deteriorating, (2) the parameters established for the securitys profits or losses being realized, or (3) the Fund requiring cash to meet redemption requests.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
EXXON MOBIL CORP $1.02M 6.84%
SLB LTD $861.65K 5.78%
NOV INC $842.26K 5.65%
HELMERICH & PAYN $745.36K 5.00%
HALLIBURTON CO $736.77K 4.95%
CHEVRON CORP $735.37K 4.94%
FRST AM-GV OB-X TMPXX $734.00K 4.93%
WILLIAMS COS INC $706.23K 4.74%
DIAMONDBACK ENERGY INC $675.47K 4.53%
EXPAND ENERGY CORP $674.46K 4.53%
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Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
2
Exited
0
Increased
3
Decreased
6
Unchanged
15

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

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Advisers

As of October 31, 2025 · N-CEN
FirmRole
Hennessy Advisors Inc. Adviser

Footnotes

  1. Expense ratio as of March 2, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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