Hennessy Balanced Fund Investor Class

This fund employs a two-pronged investment strategy. Approximately half of its capital is allocated to an equally weighted portfolio of the ten top dividend-yielding stocks from the Dow Jones Industrial Average (DJIA), a strategy commonly referred to as the "Dogs of the Dow." To temper market risk and volatility, the remaining 50% of the fund's assets are invested in U.S. Treasury securities that mature in under one year. It operates as a non-diversified fund.