Hennessy Small Cap Financial Fund (HSFNX)

Top Ten Holdings as of 12/31/2017

Total as % of Net Assets 41.6%
Hingham Institution for Savings 4.9% Meridian Bancorp, Inc. 3.9%
Opus Bank 4.8% OceanFirst Financial Corp. 3.8%
Banc of California, Inc. 4.8% BankUnited, Inc. 3.7%
Brookline Bancorp, Inc. 4.7% Washington Federal, Inc. 3.5%
FCB Financial Holdings, Inc. 4.0% IBERIABANK Corp. 3.5%

Sector Weighting as of 12/31/2017


Sub-Industry Weighting

Internet Software & Services 0.9%
Regional Banks 63.6%
Thrifts & Mortgage Finance 31.8%

Portfolio Characteristics as of 12/31/2017

Total Fund Assets $203.5 Million
Portfolio Turnover 39%
Number of Holdings 38
Median Market Cap $1.1 Billion
Median Price/Earnings 19.15x
Median Price/Book 1.50x

Country Allocation as of 12/31/2017

Puerto Rico 1.1%
United States 95.2%
Cash & Other 3.7%

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