Hennessy Japan Small Cap Fund (HJPSX)

Top Ten Holdings as of 3/31/2018

Total as % of Net Assets 21.4%
Nihon Kohden Corp. 2.4% Jeol, Ltd. 2.1%
Macromill, Inc. 2.3% Elecom Co., Ltd. 2.1%
SBS Holdings, Inc. 2.3% Kito Corp. 2.0%
Digital Garage, Inc. 2.2% OBIC Business Consultants Co. 2.0%
Hamakyorex Co., Ltd. 2.1% Macnica Fuji Electronics Holdings 2.0%

Sector Weighting as of 3/31/2018

Portfolio Characteristics as of 3/31/2018

Total Fund Assets $224.7 Million
Portfolio Turnover 41%
Number of Holdings 66
Median Market Cap $870.9 Million
Median Price/Earnings 16.95x
Median Price/Book 1.69x

Country Allocation as of 3/31/2018

Japan 92.4%
Cash & Other 7.6%

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