Hennessy Balanced Fund

Full Portfolio Holdings

As of 9/30/25
Equity Holdings Ticker % of Net Assets
Johnson & Johnson JNJ 5.6%
IBM Corp. IBM 5.5%
Merck & Co., Inc. MRK 5.4%
Chevron Corp. CVX 5.2%
Verizon Communications, Inc. VZ 4.9%
Amgen AMGN 4.7%
The Coca-Cola Company KO 4.6%
Cisco Systems, Inc. CSCO 4.6%
Procter & Gamble Co. PG 4.0%
McDonald's Corp. MCD 2.6%
UnitedHealth Group, Inc. UNH 2.2%
NIKE, Inc. (Class B) NKE 0.9%
Total as % of Net Assets 50.09%
Fixed Income Holdings Ticker % of Net Assets
U.S. Treasury Bill - (06/11/26) 912797QX8 11.4%
U.S. Treasury Bill - (01/22/26) 912797PD3 7.7%
U.S. Treasury Bill - (11/28/25) 912797NL7 14.7%
U.S. Treasury Bill - (09/03/26) 912797RS8 14.3%
Total as % of Net Assets 48.01%
Cash & Other Holdings Ticker % of Net Assets
Cash & Other 1.9%
Total as % of Net Assets 1.90%