Hennessy Focus Fund (HFCSX)

Top Ten Holdings as of 6/30/2017

Total as % of Net Assets 66.4%
American Tower Corp. 10.9% The Charles Schwab Corp. 6.6%
Markel Corp. 8.0% AON Corp. 6.0%
CarMax, Inc. 7.1% Hexcel Corp. 5.2%
O'Reilly Automotive, Inc. 7.0% Gaming and Leisure Properties 4.5%
Brookfield Asset Management, Inc. 6.8% American Woodmark Corp. 4.4%

Sector Weighting as of 6/30/2017

Portfolio Characteristics as of 6/30/2017

Total Fund Assets $2.6 Billion
Portfolio Turnover 3%
Number of Holdings 22
Median Market Cap $12.6 Billion
Median Price/Earnings 21.93x
Median Price/Book 3.93x

Country Allocation as of 6/30/2017

Canada 6.8%
United Kingdom 6.0%
United States 79.7%
Cash & Other 7.5%

Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.

Price/Earnings Ratio is the market price per share divided by earnings per share. Price/Book Ratio is the market price per share divided by book value.