Hennessy Equity and Income Fund (HEIIX)

Portfolio Asset Allocation as of 9/30/2017


Top Ten Equity Holdings as of 9/30/2017

Total as % of Net Assets 29.7%
Berkshire Hathaway, Inc. (Class B) 4.5% Dollar Tree, Inc. 2.8%
Apple, Inc. 3.2% General Dynamics Corp. 2.8%
Carnival Corp. 3.1% Visa, Inc. 2.7%
CarMax, Inc. 3.0% BlackRock, Inc. 2.5%
Progressive Corp. 2.8% Norfolk Southern Corp. 2.4%

Equity Sector Weighting as of 9/30/2017


Portfolio Characteristics as of 9/30/2017

Total Fund Assets $267.5 Million
Portfolio Turnover 16%
Number of Equity Holdings 29
Median Market Cap $72.7 Billion
Median Price/Earnings 20.68x
Median Price/Book 4.31x
Number of Fixed Income Holdings 99
Effective Maturity 5.22 years
Effective Duration 4.09 years

Quality Distribution as of 9/30/2017


Country Allocation as of 9/30/2017

Australia 0.6%
Canada 3.0%
Curacao 0.5%
Isle of Man 0.4%
Netherlands 0.5%
Panama 3.0%
United Kingdom 0.4%
United States 87.2%
Cash & Other 4.5%

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.