Hennessy Balanced Fund Investor Class
HBFBX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Hennessy Balanced Fund Investor Class (HBFBX) is a quantitatively managed mutual fund that seeks total return through a balanced portfolio consisting of approximately 50% in high-dividend-yielding, blue-chip stocks selected via the contrarian "Dogs of the Dow" strategy from the 10 highest yielding components of the Dow Jones Industrial Average and 50% in short-term U.S. Treasury securities with maturities of less than one year; the fund emphasizes downside risk mitigation while providing equity market exposure through holdings such as Johnson & Johnson, IBM Corp., Merck & Co., Inc., Chevron Corp., and Verizon Communications, Inc., alongside U.S. Treasury Bills. Launched in 1996 as the inaugural fund of Hennessy Advisors, Inc., which was founded in 1989 and is headquartered in Novato, California, with additional offices in Boston, Massachusetts; Chapel Hill, North Carolina; and Austin, Texas, the fund operates within the moderately conservative allocation category and targets individual and institutional investors seeking income and capital appreciation with reduced volatility. Hennessy Advisors, the publicly traded investment manager (Nasdaq: HNNA), oversees a broader family of equity, fixed income, sector, specialty, and multi-asset mutual funds, as well as exchange-traded funds (ETFs). In March 2025, Hennessy Advisors signed a definitive agreement to acquire approximately $220 million in assets from STF Management, LP, encompassing the STF Tactical Growth ETF (TUG) and STF Tactical Growth & Income ETF (TUGN), with the transaction expected to close in the third quarter of 2025 and portfolio manager Jonathan Molchan joining the firm to enhance its ETF lineup. This strategic expansion builds on prior acquisitions, including the CCM Core Impact Equity Fund merged into the Hennessy Sustainable ETF in 2024 and multiple fund integrations in 2023, reflecting Hennessy Advisors' ongoing growth through asset purchases and product diversification. The firm maintains a buy-and-hold investment philosophy, rejecting market timing, and services shareholders primarily in the United States across domestic equity and fixed income markets.