HICVX Hennessy Cornerstone Value Inst Forecast, Technical & Fundamental Analysis

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), Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) (NYSE:PBR), CVS HEALTH Corp (NYSE:CVS).

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.

The average market capitalization across the Hennessy Cornerstone Value Inst MF is 282.7B. The market cap for tickers in the group ranges from 106.23B to 442.08B. CSCO holds the highest valuation in this group at 442.08B. The lowest valued company is EQNR at 106.23B.

The average weekly volume growth across all stocks in the Hennessy Cornerstone Value Inst MF was 7%. For the same stocks of the MF, the average monthly volume growth was -5% and the average quarterly volume growth was -39%