Hennessy Japan Fund
HJPNX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 7250 Redwood Boulevard Novato CA United States of America 94945
- IPO Date
- Nov 4, 2003
- CIK
- 0000891944
- Website
- hennessyfunds.com
- Similar Companies
- Business
- Hennessy Japan Fund (HJPNX) is an actively managed open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of Japanese companies, including common stocks, preferred stocks, warrants, convertible securities, and Japan real estate investment trusts or other investment companies such as exchange-traded funds focused on Japanese equities; the fund employs a concentrated portfolio strategy limited to the managers' best ideas, targeting high-quality, globally oriented companies with strong balance sheets, durable competitive advantages, high returns on equity, sustainable earnings growth, robust cash flows, and a value gap relative to market price, regardless of market capitalization (average market cap of holdings $35.68 billion as of January 31, 2025). Investor Class shares (HJPNX) and Institutional Class shares (HJPIX) are offered, with minimum initial investments of $2,500 ($250 for IRAs) for Investor Class and $250,000 for Institutional Class; the fund is managed by Hennessy Advisors, Inc., with sub-advisory provided by Tokyo-based SPARX Asset Management Co., Ltd., and portfolio management led by Masakazu Takeda, CFA and CMA (since November 2006), and Angus Lee, CFA (since July 2023). Launched on October 31, 2003, the fund is part of the Hennessy Funds family managed by Hennessy Advisors, Inc., founded in 1989 and headquartered in Novato, California; it operates within the Japan Stock category, with a domicile in the United States, targeting retail investors, financial advisors, and institutional clients through broker-dealers and direct channels. Recent developments include sustained portfolio adjustments amid market volatility, such as increased weighting in SoftBank Group Corp. to 8.01% of net assets as of September 30, 2025, and ongoing emphasis on corporate governance reforms, inflation-driven consumer shifts, rising wages, and structural labor shortages in Japan as highlighted in November 2025 commentary; the fund distributed long-term capital gains of $0.83671 per Investor Class share on December 4, 2025, reflecting active management responsiveness, with total net assets at $445 million and portfolio turnover of 17% in the most recent fiscal year.