Objective and Overview
The Hennessy Gas Utility Fund seeks income and capital appreciation by investing in the companies that deliver natural gas that are members of the American Gas Association.
The Hennessy Gas Utility Fund owns all publicly-traded companies that comprise the American Gas Association (AGA) Stock Index. The AGA Stock Index is market cap weighted and adjusted for the percentage of natural gas assets on each company’s balance sheet. The Fund invests in companies approximately in the same proportion as its weighting in the Index, with no company representing greater than 5% of its assets.