Hennessy Balanced Fund

Full Portfolio Holdings

As of 12/31/25
Equity Holdings Ticker % of Net Assets
Merck & Co., Inc. MRK 6.5%
Johnson & Johnson JNJ 5.4%
Amgen AMGN 5.0%
Chevron Corp. CVX 4.8%
The Coca-Cola Company KO 4.4%
Verizon Communications, Inc. VZ 4.3%
Cisco Systems, Inc. CSCO 4.0%
IBM Corp. IBM 3.7%
Procter & Gamble Co. PG 3.6%
UnitedHealth Group, Inc. UNH 3.3%
NIKE, Inc. (Class B) NKE 2.0%
The Home Depot, Inc. HD 1.2%
McDonald's Corp. MCD 1.2%
Total as % of Net Assets 49.23%
Fixed Income Holdings Ticker % of Net Assets
U.S. Treasury Bill - (09/03/26) 912797RS8 14.1%
U.S. Treasury Bill - (11/27/26) 912797SU2 14.7%
U.S. Treasury Bill - (01/22/26) 912797PD3 7.6%
U.S. Treasury Bill - (06/11/26) 912797QX8 11.2%
Total as % of Net Assets 47.6%
Cash & Other Holdings Ticker % of Net Assets
Cash & Other 3.2%
Total as % of Net Assets 3.16%