Hennessy Equity and Income Fund (HEIFX)

Portfolio Asset Allocation as of 6/30/2017


Top Ten Equity Holdings as of 6/30/2017

Total as % of Net Assets 28.5%
Berkshire Hathaway, Inc. (Class B) 4.3% Altria Group, Inc. 2.6%
Carnival Corp. 3.2% CarMax, Inc. 2.6%
Apple, Inc. 3.1% Visa, Inc. 2.5%
General Dynamics Corp. 2.8% BlackRock, Inc. 2.4%
Progressive Corp. 2.7% Dollar Tree, Inc. 2.3%

Equity Sector Weighting as of 6/30/2017


Portfolio Characteristics as of 6/30/2017

Total Fund Assets $277.2 Million
Portfolio Turnover 20%
Number of Equity Holdings 29
Median Market Cap $69.0 Billion
Median Price/Earnings 19.94x
Median Price/Book 4.58x
Number of Fixed Income Holdings 105
Effective Maturity 5.19 years
Effective Duration 4.09 years

Quality Distribution as of 6/30/2017


Country Allocation as of 6/30/2017

Australia 0.6%
Canada 2.9%
Curacao 0.5%
Isle of Man 0.4%
Netherlands 0.5%
Panama 3.2%
United Kingdom 0.4%
United States 87.8%
Cash & Other 3.9%

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

Credit Quality Bond Ratings typically range from AAA/Aaa (highest) to D (lowest). The credit ratings shown are based on each portfolio security’s rating as generally provided by Moody’s. If a Moody’s rating is not available, then the rating is provided by Standard and Poor’s (“S&P”), a Nationally Recognized Statistical Rating Organization (“NRSRO”). The credit quality of the investments in the Fund’s portfolio does not apply to the stability or safety of the Fund.