Notable companies
The most notable companies in this group are Cisco Systems (NASDAQ:CSCO), Unitedhealth Group (NYSE:UNH), Texas Instruments (NASDAQ:TXN), Citigroup (NYSE:C), QUALCOMM (NASDAQ:QCOM), CVS HEALTH Corp (NYSE:CVS), Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) (NYSE:PBR).
Industry description
The investment seeks total return, consisting of capital appreciation and current income.
The fund invests in larger, dividend-paying common stocks by utilizing a quantitative formula known as the Cornerstone Value Strategy (the "Value Strategy"). It purchases 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Value Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.
Market Cap
The average market capitalization across the Hennessy Cornerstone Value Investor MF is 277.62B. The market cap for tickers in the group ranges from 101.38B to 437.66B. CSCO holds the highest valuation in this group at 437.66B. The lowest valued company is EQNR at 101.38B.
Volume
The average weekly volume growth across all stocks in the Hennessy Cornerstone Value Investor MF was 20%. For the same stocks of the MF, the average monthly volume growth was -15% and the average quarterly volume growth was -27%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 51
P/E Growth Rating: 36
Price Growth Rating: 41
SMR Rating: 38
Profit Risk Rating: 29
Seasonality Score: -27 (-100 ... +100)