Hennessy Balanced Fund

Full Portfolio Holdings

As of 6/30/25
Equity Holdings Ticker % of Net Assets
IBM Corp. IBM 6.5%
Cisco Systems, Inc. CSCO 5.4%
Chevron Corp. CVX 5.2%
The Coca-Cola Company KO 5.1%
Verizon Communications, Inc. VZ 5.1%
Merck & Co., Inc. MRK 5.0%
Amgen AMGN 4.8%
Johnson & Johnson JNJ 3.8%
Procter & Gamble Co. PG 2.9%
McDonald's Corp. MCD 2.4%
Goldman Sachs Group, Inc. GS 2.2%
NIKE, Inc. (Class B) NKE 0.9%
UnitedHealth Group, Inc. UNH 0.8%
Dow, Inc. DOW 0.8%
Total as % of Net Assets 50.66%
Fixed Income Holdings Ticker % of Net Assets
U.S. Treasury Bill - (11/28/25) 912797NL7 14.2%
U.S. Treasury Bill - (01/22/26) 912797PD3 7.4%
U.S. Treasury Bill - (09/04/25) 912797MH7 15.1%
U.S. Treasury Bill - (06/11/26) 912797QX8 11.0%
Total as % of Net Assets 47.7%
Cash & Other Holdings Ticker % of Net Assets
Cash & Other 1.7%
Total as % of Net Assets 1.65%