Hennessy Funds White Paper: Unconventional Wisdom explores studies that have shown that concentrated portfolios, those with generally fewer than 25 holdings, do not have a higher risk profile and that limiting a portfolio to just high-conviction “best ideas” may provide meaningful performance advantages over time.

Click here to read the rest of the interview.

Mutual fund investing involves risk; Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. The risk is greater for longer term debt securities. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. 

The prospectus for the Hennessy Equity and Income Fund can be found here.

The Hennessy Equity and Income Funds are distributed by Quasar Distributors, LLC.

Glossary of Terms contains definitions and additional information.