Hennessy Total Return Fund (HDOGX)

Morningstar Risk & Return as of 9/30/2017
(Relative to Allocation--70% to 85% Equity Category)

3YR 5YR10YR Overall
Morningstar Risk Below Avg Below AvgBelow Avg Below Avg
Morningstar Return Average Below AvgAverage Average
Morningstar Rating*
# of funds in Allocation--70% to 85% Equity Category 319 284202 319

*The overall Morningstar Rating is based on risk adjusted returns.

Standard Deviation (Volatility) as of 9/30/2017

3YR 5YR10YR  
Total Return Fund (HDOGX) 7.91 7.2411.98  
Dow Jones Industrial Average 10.73 10.1414.18  
Allocation--70% to 85% Equity Funds Category Average 10.79 10.2416.02  

Modern Portfolio Theory Statistics as of 9/30/2017
(Relative to Dow Jones Industrial Average)

3YR 5YR10YR  
Beta 0.66 0.630.77  
Alpha -1.14 -0.21-1.42  

Capture Ratios as of 9/30/2017
(Relative to Dow Jones Industrial Average)

Standard deviation is a statistical measure of the historical volatility of a mutual fund or portfolio. Beta measures the volatility of the fund, as compared to that of the overall market or of a benchmark. The benchmark’s beta is set at 1.00; a beta higher than 1.00 is considered to be more volatile than the benchmark, while a beta lower than 1.00 is considered to be less volatile. Alpha is an annualized return measure of how much better or worse a fund’s performance is relative to an index of funds in the same category, after allowing for differences in risk. Market Capture Ratio is a statistical measure of the Fund’s overall performance in up-markets (positive return periods) and down-markets (negative return periods). The market capture ratios are used to evaluate how well an investment performed relative to an index during periods when that index has risen or fallen.