Hennessy Equity and Income Fund (HEIIX)

Portfolio Asset Allocation as of 3/31/2018

Top Ten Equity Holdings as of 3/31/2018

Total as % of Net Assets 29.9%
Berkshire Hathaway, Inc. (Class B) 4.5% Dollar Tree, Inc. 2.8%
Progressive Corp. 3.2% Visa, Inc. 2.7%
Apple, Inc. 3.1% BlackRock, Inc. 2.7%
Alphabet, Inc. (Class C) 3.0% General Dynamics Corp. 2.7%
Carnival Corp. 2.8% Deere & Co. 2.5%

Equity Sector Weighting as of 3/31/2018

Portfolio Characteristics as of 3/31/2018

Total Fund Assets $244.1 Million
Portfolio Turnover 11%
Number of Equity Holdings 29
Median Market Cap $84.5 Billion
Median Price/Earnings 20.53x
Median Price/Book 4.02x
Number of Fixed Income Holdings 98
Effective Maturity 4.88 years
Effective Duration 3.85 years

Quality Distribution as of 3/31/2018

Country Allocation as of 3/31/2018

Australia 0.6%
Canada 2.6%
Cayman Islands 0.4%
Isle of Man 0.4%
Netherlands 0.5%
Panama 2.8%
United States 88.3%
Cash & Other 4.4%

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.