LongENTGJun 2026
Entegris, Inc.
Entegris was the fund's largest relative equity contributor in the first half of 2026. Improving semiconductor-fab utilization and accelerating AI-driven demand are supporting…
Hennessy Equity and Income Fund
Balanced equity and fixed-income strategy combining high-quality equities purchased at reasonable valuations with a neutral-duration, high-quality income portfolio.3 published ideas
Hennessy Equity and Income Fund combines an equity portfolio with a substantial fixed-income allocation. The equity process emphasizes durable competitive advantages, strong returns on invested capital, healthy free cash flow and conservative balance sheets at reasonable valuations. The fixed-income allocation generally stays close to neutral duration while emphasizing high-quality corporate income.
Ideas from Hennessy Equity and Income Fund
LongMLMJun 2026
Martin Marietta Materials, Inc.
Martin Marietta was a relative detractor because market expectations had become elevated rather than because the underlying business deteriorated. Infrastructure spending and…
LongDJun 2026
Dominion Energy, Inc.
Hennessy initiated Dominion Energy in January because its predominantly regulated utility model provides stable earnings and predictable cash flow. Asset sales, debt reduction…
Letters covered
- Semi-Annual Commentary: Where Opportunities Are Emerging in Equity and Fixed IncomeJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.