• Overview

    Category
    Multi-Asset

    Hennessy Equity and Income Fund

    Actively managed and conservative by design, the Fund maintains a balanced portfolio of both equities and fixed-income securities.

    Investor

    HEIFX

    Institutional

    HEIIX

    Morningstar style box

    Morningstar style box
    Investment Overview Video
    Investment Overview Video

    Why Invest

    • A balanced portfolio of high-quality equity and fixed-income securities
    • Access to institutionally-oriented portfolio management teams 
    • Focus on participating in equity market upside while dampening downside risk 

    Investment Approach

    The Hennessy Equity and Income Fund's portfolio consists of up to 70% large-cap, value-oriented stocks and the remainder in high-quality fixed-income securities. The Portfolio Managers take a long-term perspective and maintain a primary focus on downside protection.

    The Equity Portfolio Management Team employs a research-driven approach, utilizing a proprietary Balance Sheet Optimization model. They run a focused, high-conviction portfolio, and maintain low turnover by selecting stocks with the following characteristics:

    - High return on capital

    - Consistent free cash flow generation

    - Earnings yield

    - Attractive and conservative valuations

    The Fixed Income Portfolio Management Team utilizes a rigorous, bottom-up selection process built upon continuous analysis. They believe that duration management is critical to buffering interest rate sensitivity and that sector allocation is an important factor in performance results. They seek to include fixed income securities with the following characteristics:

    - Low duration, intermediate-term

    - Primarily Treasuries, agencies, and high-quality corporate obligations

    - Average Credit Quality – A by Moody’s

    - Select non-investment grade obligations to enhance yield

    Portfolio Managers

    The Fund is sub-advised by The London Company (equity allocation) and FCI Advisors (fixed income allocation).

    The London Company, located in Richmond, VA, is a registered investment advisor providing equity portfolio management services to a diverse mix of corporations, trusts, foundations, endowments, pensions, banks, individuals, and mutual fund accounts since 1994.

    FCI Advisors, located in Kansas City, MO, is an independently owned investment adviser and has been providing investment advisory services since 1966.

    “We believe markets are much less efficient at assessing risk than reward.”

    - Steve Goddard

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  • Insights & News

  • Performance

    Daily Pricing & Performance

    as of 4/23/24
    • Investor Class (HEIFX)
      • NAV

        $14.50

      • $ Change

        $0.09

      • % Change

        0.62%

      • YTD

        2.67%

    • Institutional Class (HEIIX)
      • NAV

        $13.60

      • $ Change

        $0.08

      • % Change

        0.59%

      • YTD

        2.79%

    Average Annualized Total Return

    as of 3/31/24
    Name 1 Mo YTD 1 yr 3 yr 5 yr 10 yr Since Inception (6/3/97)
    Investor Class (HEIFX) 2.60% 5.21% 13.66% 3.39% 6.51% 6.05% 6.72%
    Institutional Class (HEIIX) 2.58% 5.28% 14.11% 3.76% 6.88% 6.43% 6.96%
    S&P 500® Index 3.22% 10.56% 29.88% 11.49% 15.05% 12.96% 9.04%

    Please swipe to view table

    as of 3/31/24
    Name QTR YTD 1 yr 3 yr 5 yr 10 yr Since Inception (6/3/97)
    Investor Class (HEIFX) 5.21% 5.21% 13.66% 3.39% 6.51% 6.05% 6.72%
    Institutional Class (HEIIX) 5.28% 5.28% 14.11% 3.76% 6.88% 6.43% 6.96%
    S&P 500® Index 10.56% 10.56% 29.88% 11.49% 15.05% 12.96% 9.04%

    Please swipe to view table

    Hypothetical Growth of $10,000

    as of 3/31/2024

    Value of $10,000 invested between 3/31/2023 and 3/31/2024

    Equity and Income Fund (HEIFX) $11,366
    Equity and Income Fund (HEIIX) $11,411
    S&P 500® Index $12,988

    Value of $10,000 invested between 3/31/2021 and 3/31/2024

    Equity and Income Fund (HEIFX) $11,050
    Equity and Income Fund (HEIIX) $11,171
    S&P 500® Index $13,859

    Value of $10,000 invested between 3/31/2019 and 3/31/2024

    Equity and Income Fund (HEIFX) $13,709
    Equity and Income Fund (HEIIX) $13,948
    S&P 500® Index $20,157

    Value of $10,000 invested between 3/31/2014 and 3/31/2024

    Equity and Income Fund (HEIFX) $17,992
    Equity and Income Fund (HEIIX) $18,652
    S&P 500® Index $33,826

    Value of $10,000 invested between 6/3/1997 and 3/31/2024

    Equity and Income Fund (HEIFX) $57,173
    Equity and Income Fund (HEIIX) $60,816
    S&P 500® Index $101,897

    This data illustrates the performance of a hypothetical $10,000 investment made in the Fund for the period noted, and it assumes reinvestment of dividends and capital gains. This chart does not imply future performance.

    Calendar Year Total Returns

      2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
    Investor Class (HEIFX)
    11.26% -2.62% 5.73% 13.51% -4.33% 15.99% 8.97% 16.71% -13.85% 10.43%
    Institutional Class (HEIIX)
    11.58% -2.25% 6.19% 13.88% -3.98% 16.50% 9.35% 17.13% -13.59% 10.90%
    S&P 500® Index
    13.69% 1.38% 11.96% 21.83% -4.38% 31.49% 18.40% 28.71% -18.11% 26.29%
    Year
    Investor Class (HEIFX)
    Institutional Class (HEIIX)
    S&P 500® Index
    2013 15.03% 15.40% 32.39%
    2012 8.82% 9.06% 16.00%
    2011 10.61% 10.84% 2.11%
    2010 11.34% 11.53% 15.06%
    2009 18.43% 18.76% 26.46%
    2008 -20.91% -20.73% -37.00%
    2007 8.98% 9.33% 5.49%
    2006 15.63% 15.87% 15.79%
    2005 5.39% 5.58% 4.91%
    2004 13.77% 13.99% 10.88%
    2003 26.08% 26.48% 28.68%
    2002 -14.63% -14.83% -22.10%
    2001 2.46% 2.50% -11.89%
    2000 11.18% 11.18% -9.10%
    1999 6.67% 6.67% 21.04%
    1998 -0.38% -0.38% 28.58%

    Please swipe to view table

    Yield

    as of 3/31/24
    Investor Class (HEIFX) Institutional Class (HEIIX)
    Dividend Yield 0.47% 0.88%
    30-Day SEC Yield 1.05% 1.41%
    Distribution Frequency Quarterly Quarterly

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    Returns-Based Statistics
    Relative to S&P 500® Index

    as of 3/31/24
    Investor Class (HEIFX)
    Type 3 yr 5 yr 10 yr
    Alpha -5.19 -4.04 -2.71
    Beta 0.66 0.66 0.64
    Upside Capture 58.58 59.92 58.91
    Downside Capture 74.44 71.75 68.78
    Institutional Class (HEIIX)
    Type 3 yr 5 yr 10 yr
    Alpha -4.83 -3.68 -2.35
    Beta 0.66 0.66 0.64
    Upside Capture 59.31 60.50 59.82
    Downside Capture 73.81 71.01 68.02

    Alpha measures the fund’s excess return relative to the return of the benchmark. Beta measures the volatility of the fund compared to that of the benchmark. The beta of the benchmark is 1.00. Capture ratios measure the fund’s overall performance in up markets (positive return periods) and down markets (negative return periods).

    Sharpe Ratio

    as of 3/31/24
    Type 3 yr 5 yr 10 yr
    Investor Class (HEIFX) 0.09 0.40 0.49
    Institutional Class (HEIIX) 0.12 0.43 0.53
    S&P 500® Index 0.54 0.74 0.79
    Moderate Allocation Category Average 0.15 0.47 0.50

    Sharpe Ratio is a measure of risk-adjusted return, reflecting the average return earned in excess of the risk-free rate per unit of volatility.

    Standard Deviation

    as of 3/31/24
    Type 3 yr 5 yr 10 yr
    Investor Class (HEIFX) 12.05 12.44 9.99
    Institutional Class (HEIIX) 12.04 12.41 9.98
    S&P 500® Index 17.60 18.37 15.16
    Moderate Allocation Category Average 11.41 12.11 9.90

    Standard deviation is a statistical measure of the historical volatility of a mutual fund or portfolio.

    Fund Expenses

    • Investor Class (HEIFX)
      • Gross expense ratio

        1.58%

    • Institutional Class (HEIIX)
      • Gross expense ratio

        1.21%

    Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

    Each Morningstar category average represents a universe of funds with similar objectives. The Morningstar Style Box reveals the fund's investment style as of 3/31/24. The vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend, or growth). ©Morningstar, Inc. All Rights Reserved. Past performance is no guarantee of future results.

    The performance shown for the Investor Class / HEIFX for periods prior to 9/24/01 represents the performance of Institutional Class shares of the Fund and includes expenses that are not applicable to and are lower than those of Investor Class shares.

    The performance shown for periods prior to 10/26/12 is that of the predecessor FBR Fund.

    The S&P 500® Index is an unmanaged index commonly used to measure the performance of U.S. stocks. One cannot invest directly in an index.

    Standard & Poor’s Financial Services is the source and owner of the S&P® and S&P 500® trademarks.

    Dividend Yield is a financial ratio that indicates how much a company pays out in dividends each year relative to its share price. 30-Day SEC Yield is a standardized yield computed by dividing the net investment income per share earned during the past 30-day period by the share price at the end of the period, expressed as an annual percentage rate. The 30-Day SEC Yield should be regarded as an estimate of the Fund’s rate of recent investment income, and it may not equal the Fund’s actual distribution rate. Past yields are no guarantee of future yields.

    Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.

    Credit Quality Bond Ratings typically range from AAA/Aaa (highest) to D (lowest). The credit ratings shown are based on each portfolio security’s rating as generally provided by Moody’s. If a Moody’s rating is not available, then the rating is provided by Standard and Poor’s (“S&P”), a Nationally Recognized Statistical Rating Organization (“NRSRO”). The credit quality of the investments in the Fund’s portfolio does not apply to the stability or safety of the Fund.

  • Portfolio

    Portfolio Allocation

    as of 3/31/24
    Allocation % of Net Assets
    Equities 68.60%
    Fixed Income 29.40%
    Preferred Stock 0.00%
    Cash & Other 2.00%

    Portfolio Characteristics

    as of 3/31/24
    Inception Date (HEIFX) 9/24/01
    Inception Date (HEIIX) 6/3/97
    Total Fund Assets $69 Million
    Portfolio Turnover 12%
    Median Market Cap $121.1 Billion
    Median Price/Earnings 24.8x
    Median Price/Book 4.6x
    Effective Maturity 4.4 years
    Effective Duration 3.8 years

    Price/Earnings measures a stock’s price per share compared to earnings. Price/Book measures a stock’s price per share to book value. Portfolio Turnover and Price/Earnings shown reflect the trailing 12-month period.

    Equity Sector Weighting

    as of 3/31/24
    Fund
    Financials 19.3%
    Materials 9.7%
    Consumer Discretionary 9.7%
    Industrials 8.9%
    Information Technology 7.0%
    Consumer Staples 5.5%
    Communication Services 4.3%
    Health Care 2.3%
    Energy 1.9%

    Portfolio Holdings

    Top 10 Holdings

    as of 3/31/24
    Top 10 Equity Holdings Ticker % of Net Assets
    Berkshire Hathaway, Inc. (Class B) BRK/B 4.8%
    Alphabet, Inc. (Class C) GOOG 4.3%
    Martin Marietta Materials, Inc. MLM 3.7%
    Apple, Inc. AAPL 3.5%
    Progressive Corp. PGR 3.3%
    BlackRock, Inc. BLK 3.2%
    Visa, Inc. V 2.9%
    Fiserv Inc. FI 2.7%
    The Home Depot, Inc. HD 2.7%
    NewMarket Corp. NEU 2.7%
    Total as % of Net Assets 33.6%

    Please swipe to view table

    Total Equity Holdings: 29
    Total Fixed-Income Holdings: 56

    as of 3/31/24
    Equity Holdings Ticker % of Net Assets
    Berkshire Hathaway, Inc. (Class B) BRK/B 4.8%
    Alphabet, Inc. (Class C) GOOG 4.3%
    Martin Marietta Materials, Inc. MLM 3.7%
    Apple, Inc. AAPL 3.5%
    Progressive Corp. PGR 3.3%
    BlackRock, Inc. BLK 3.2%
    Visa, Inc. V 2.9%
    Fiserv Inc. FI 2.7%
    The Home Depot, Inc. HD 2.7%
    NewMarket Corp. NEU 2.7%
    The Charles Schwab Corp. SCHW 2.5%
    FedEx Corp. FDX 2.4%
    Republic Services, Inc. RSG 2.3%
    O'Reilly Automotive, Inc. ORLY 2.3%
    Texas Instruments, Inc. TXN 2.2%
    Air Products & Chemicals, Inc. APD 2.2%
    Old Dominion Freight Line, Inc. ODFL 2.1%
    Norfolk Southern Corp. NSC 2.1%
    Church & Dwight Co., Inc. CHD 2.0%
    Starbucks Corp. SBUX 2.0%
    Chevron Corp. CVX 1.9%
    Altria Group, Inc. MO 1.8%
    Nestle SA NSRGY 1.7%
    Johnson & Johnson JNJ 1.5%
    Lowe's Companies, Inc. LOW 1.5%
    Cisco Systems, Inc. CSCO 1.4%
    CarMax, Inc. KMX 1.3%
    Albemarle Corp. ALB 1.2%
    Pfizer, Inc. PFE 0.8%
    Total as % of Net Assets 68.6%
    Fixed Income Holdings Ticker % of Net Assets
    Aflac - 3.6% (04/01/30) 001055BJ0 0.4%
    U.S. Treasury Note/Bond - 4 1/4% (3/1/27) 00206RDQ2 0.8%
    Autodesk - 2.85% (01/15/30) 052769AG1 0.9%
    Bank of America Corp. - 2.299% (7/21/32) 06051GKA6 0.7%
    Bank of America Corp. - 2.196% (2/4/26) 097023DG7 0.3%
    Broadcom 4.11% (09/15/28) 11135FAL5 0.6%
    Comcast - 4.65% (2/15/33) 20030NEC1 0.4%
    Edwards Lifesciences - 4.3% (6/15/28) 28176EAD0 1.0%
    Fannie Mae Pool - AU4405 3138X33P5 1.0%
    Fannie Mae Pool - AB4300 31417AX61 0.2%
    Fannie Mae Pool - 928831 31412L4Q0 0.1%
    Fannie Mae REMICS - 2013-52 MD 3136AEJ24 <0.05%
    Fannie Mae REMICS - 2012-16 Y 3136A4RW1 <0.05%
    Freddie Mac Gold Pool - Q11129 3132HMHE4 0.7%
    Freddie Mac Gold Pool - Q08238 3132GTPX9 0.5%
    Freddie Mac Gold Pool - G02922 3128M4SK0 <0.05%
    Freddie Mac REMICS - 4146 ML 3137AXGC1 <0.05%
    Freddie Mac REMICS - 4322 DJ 3137B8MS3 0.1%
    Freddie Mac REMICS - 4309 JD 3137B7US6 <0.05%
    Freddie Mac REMICS - 3870 NH 3137ABXJ5 <0.05%
    General Electric Co. - 3 5/8% (5/1/30) 369604BW2 0.5%
    Goldman Sachs - 4.223% (5/1/29) 38141GWZ3 0.4%
    Ginnie Mae - 2013-24 BD 38378FM72 0.1%
    Huntington Bancshares - 2.55% (02/04/30) 446150AS3 0.7%
    Huntington Bancshares - 4% (5/15/25) 446150AM6 0.5%
    JPMorgan Chase & Co. - 2.069% (6/1/29) 46647PCJ3 0.4%
    Lowe's Co. - 2 5/8% (4/1/31) 548661EA1 0.4%
    Morgan Stanley - 2.239% (7/21/32) 61747YED3 0.4%
    Morgan Stanley - 1.593% (5/4/27) 61772BAB9 0.4%
    Paypal - 2.85% (10/01/29) 70450YAE3 0.5%
    Prudential Financial - 3.878% (03/27/28) 74432QCC7 0.4%
    Regeneron Pharmaceuticals - 1 3/4% (9/15/30) 75886FAE7 0.5%
    Regions Financial, Inc. - 1.8% (8/12/28) 7591EPAT7 0.4%
    Starbucks - 3.5% (3/1/28) 855244AP4 0.6%
    State Street - 4.821% (01/26/34) 857477CA9 0.3%
    Timken - 6.875% (5/8/28) 88738TAA8 0.2%
    T-Mobile - 3.875% (4/15/30) 87264ABF1 0.2%
    U.S. Treasury Note/Bond - 3 3/8% (08/15/33) 91282CHC8 0.3%
    U.S. Treasury Note/Bond - 4 1/2% (11/15/33) 91282CJJ1 0.4%
    U.S. Treasury Note/Bond - 4 7/8% (11/30/25) 91282CJL6 1.5%
    U.S. Treasury Note/Bond - 4 3/8% (11/30/28) 91282CJN2 0.8%
    U.S. Treasury Note/Bond - 4% (01/31/29) 91282CJW2 0.3%
    U.S. Treasury Note/Bond - 4 5/8% (11/15/26) 91282CJK8 0.7%
    U.S. Treasury Note/Bond - 1 1/4% (12/31/26) 91282CDQ1 0.8%
    AT&T - 2.75% (8/15/32) 91282CFF3 0.4%
    U.S. Treasury Note/Bond - 4 1/8% (09/30/27) 91282CFM8 0.4%
    U.S. Treasury Note/Bond - 4 1/8% (10/31/27) 91282CFU0 0.6%
    U.S. Treasury Note/Bond - 3 1/2% (2/15/33) 91282CGM7 0.3%
    U.S. Treasury Note/Bond - 3 5/8% (05/15/26) 91282CHB0 0.5%
    U.S. Treasury Note/Bond - 4.125% (11/15/32) 91282CFV8 0.7%
    U.S. Treasury Note/Bond - 0.75% (4/30/26) 91282CBW0 2.0%
    U.S. Treasury Note/Bond - 0 5/8% (3/31/27) 912828ZE3 0.6%
    U.S. Treasury Note/Bond - 0 1/4% (8/31/25) 91282CAJ0 1.4%
    U.S. Treasury Note/Bond - 1 7/8% (7/31/26) 912828Y95 2.1%
    AT&T - 3% (10/31/25) 9128285J5 0.6%
    Williams Company - 2.6% (3/15/31) 969457BY5 0.6%
    Total as % of Net Assets 29.4%
    Cash & Other Holdings % of Net Assets
    Cash & Other 2.0%
    Total as % of Net Assets 2.0%

    Please swipe to view table

    Country Allocation

    as of 3/31/24
    • United States

      96.3%

    • International

      1.6%

    • Cash & Other

      2.0%

    United States 96.3%
    Switzerland 1.6%
    Cash & Other 2.0%

    Fixed Income Quality Distribution

    as of 3/31/24
    Aaa/AAA 59.1%
    Aa/AA 0.0%
    A 16.9%
    Baa/BBB 24.0%
    Below Baa/BBB 0.0%
    N/A 0.0%
    Non-rated 0.0%
  • Distributions

    The Hennessy Equity and Income Fund pays capital gains (if any) once annually, usually in December. Ordinary income distributions are paid quarterly, at the end of March, June, September, and December.

    Date Paid Income Short-Term Gain Long-Term Gain Total Per Share Reinvest Price
    03/28/2024 $0.01735 -- -- $0.01735 $14.86
    12/27/2023 $0.01955 -- -- $0.01955 $14.16
    12/07/2023 -- -- $1.21186 $1.21186 $13.81
    09/29/2023 $0.02026 -- -- $0.02026 $14.46
    06/30/2023 $0.03420 -- -- $0.03420 $14.97
    03/31/2023 $0.02157 -- -- $0.02157 $14.31
    12/28/2022 $0.02387 -- -- $0.02387 $13.93
    12/08/2022 -- -- $0.37982 $0.37982 $14.25
    09/30/2022 $0.02309 -- -- $0.02309 $13.47
    06/30/2022 $0.02524 -- -- $0.02524 $14.08
    03/31/2022 $0.01343 -- -- $0.01343 $15.79
    12/29/2021 $0.01625 -- -- $0.01625 $16.83
    12/07/2021 -- $0.00524 $1.10487 $1.11011 $16.51
    09/30/2021 $0.01669 -- -- $0.01669 $16.64
    06/30/2021 $0.01873 -- -- $0.01873 $16.91
    03/31/2021 $0.03313 -- -- $0.03313 $16.30
    12/29/2020 $0.02721 -- -- $0.02721 $15.37
    12/08/2020 -- -- $0.86006 $0.86006 $15.40
    09/30/2020 $0.03077 -- -- $0.03077 $15.37
    06/30/2020 $0.04042 -- -- $0.04042 $14.42
    03/31/2020 $0.05230 -- -- $0.05230 $12.84
    12/27/2019 $0.03530 -- -- $0.03530 $15.15
    12/06/2019 -- -- $0.99889 $0.99889 $15.01
    09/30/2019 $0.03879 -- -- $0.03879 $15.55
    06/28/2019 $0.04382 -- -- $0.04382 $15.36
    03/29/2019 $0.05402 -- -- $0.05402 $15.10
    12/27/2018 $0.03034 -- -- $0.03034 $13.98
    12/07/2018 -- $0.00988 $1.12438 $1.13426 $14.39
    09/28/2018 $0.03365 -- -- $0.03365 $16.52
    06/29/2018 $0.03238 -- -- $0.03238 $15.72
    03/29/2018 $0.04376 -- -- $0.04376 $15.74
    12/27/2017 $0.02788 -- -- $0.02788 $16.04
    12/07/2017 -- -- $0.83721 $0.83721 $15.87
    09/29/2017 $0.02783 -- -- $0.02783 $16.13
    06/30/2017 $0.02750 -- -- $0.02750 $15.69
    03/31/2017 $0.03479 -- -- $0.03479 $15.42
    12/28/2016 $0.03026 -- -- $0.03026 $14.97
    12/07/2016 -- -- $1.33654 $1.33654 $15.05
    09/30/2016 $0.02778 -- -- $0.02778 $15.87
    06/30/2016 $0.03392 -- -- $0.03392 $15.85
    03/31/2016 $0.03288 -- -- $0.03288 $15.59
    12/29/2015 $0.03720 -- -- $0.03720 $15.67
    12/09/2015 -- -- $0.38708 $0.38708 $15.64
    09/30/2015 $0.03017 -- -- $0.03017 $15.47
    06/30/2015 $0.03304 -- -- $0.03304 $16.34
    03/31/2015 $0.03383 -- -- $0.03383 $16.51
    12/31/2014 $0.03361 -- -- $0.03361 $16.48
    12/08/2014 -- $0.00476 $0.63992 $0.64468 $16.46
    09/30/2014 $0.03877 -- -- $0.03877 $16.39
    06/30/2014 $0.03886 -- -- $0.03886 $16.37
    03/31/2014 $0.04441 -- -- $0.04441 $15.82
    12/31/2013 $0.03803 -- -- $0.03803 $15.54
    12/10/2013 -- -- $0.49682 $0.49682 $15.41
    09/30/2013 $0.05030 -- -- $0.05030 $15.27
    06/28/2013 $0.04402 -- -- $0.04402 $15.03
    03/28/2013 $0.02552 -- -- $0.02552 $14.95
    12/31/2012 $0.10560 -- -- $0.10560 $14.09
    09/28/2012 $0.04241 -- -- $0.04241 $14.04
    06/29/2012 $0.04351 -- -- $0.04351 $13.91
    03/30/2012 $0.04654 -- -- $0.04654 $13.83
    12/30/2011 $0.06327 -- -- $0.06327 $13.17
    09/30/2011 $0.05228 -- -- $0.05228 $12.21
    06/30/2011 $0.07319 -- -- $0.07319 $12.81
    03/31/2011 $0.07897 -- -- $0.07897 $12.56
    12/31/2010 $0.06906 -- -- $0.06906 $12.16
    09/30/2010 $0.08956 -- -- $0.08956 $11.69
    06/30/2010 $0.07191 -- -- $0.07191 $10.87
    03/10/2010 $0.14560 -- -- $0.14560 $11.40
    09/29/2009 $0.07930 -- -- $0.07930 $10.73
    06/29/2009 $0.06720 -- -- $0.06720 $9.76
    03/30/2009 $0.05550 -- -- $0.05550 $8.85
    12/30/2008 $0.05180 -- -- $0.05180 $9.66
    09/29/2008 $0.08250 -- -- $0.08250 $11.04
    06/27/2008 $0.08660 $0.09590 $0.07110 $0.25360 $11.53
    03/28/2008 $0.07230 -- -- $0.07230 $12.25
    12/19/2007 $0.10130 $0.29740 $2.04260 $2.44130 $12.76
    09/28/2007 $0.10750 -- -- $0.10750 $15.21
    06/29/2007 $0.08930 $0.04010 $0.19180 $0.32120 $15.01
    03/30/2007 $0.08650 -- -- $0.08650 $14.48
    12/29/2006 $0.08300 -- $0.16240 $0.24540 $14.49
    09/29/2006 $0.08300 -- -- $0.08300 $14.01
    06/30/2006 $0.08000 -- -- $0.08000 $13.70
    03/31/2006 $0.07900 -- -- $0.07900 $13.48
    12/30/2005 $0.09400 -- -- $0.09400 $12.97
    09/30/2005 $0.09300 -- -- $0.09300 $13.10
    06/30/2005 $0.09800 -- -- $0.09800 $12.66
    03/31/2005 $0.06900 -- -- $0.06900 $12.58
    12/31/2004 $0.10200 -- -- $0.10200 $12.65
    09/30/2004 $0.08800 -- -- $0.08800 $12.07
    06/30/2004 $0.09200 -- -- $0.09200 $11.94
    03/31/2004 $0.09500 -- -- $0.09500 $11.69
    12/31/2003 $0.08900 -- -- $0.08900 $11.47
    09/30/2003 $0.08200 -- -- $0.08200 $10.69
    06/30/2003 $0.05200 -- -- $0.05200 $10.49
    03/31/2003 $0.06600 -- -- $0.06600 $9.30
    12/31/2002 $0.06500 -- -- $0.06500 $9.35
    09/25/2002 $0.07000 -- -- $0.07000 $8.94
    06/26/2002 $0.06000 -- -- $0.06000 $10.09
    03/27/2002 $0.06000 -- -- $0.06000 $11.43
    12/28/2001 $0.05940 -- -- $0.05940 $11.38
    09/26/2001 $0.00640 -- -- $0.00640 $9.92

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    Past performance is not a guarantee of future results.

    Download historical distributions and NAVs
    Date Paid Income Short-Term Gain Long-Term Gain Total Per Share Reinvest Price
    03/28/2024 $0.03046 -- -- $0.03046 $13.93
    12/27/2023 $0.03322 -- -- $0.03322 $13.28
    12/07/2023 -- -- $1.13754 $1.13754 $12.97
    09/29/2023 $0.03517 -- -- $0.03517 $13.57
    06/30/2023 $0.04755 -- -- $0.04755 $14.04
    03/31/2023 $0.03464 -- -- $0.03464 $13.42
    12/28/2022 $0.03613 -- -- $0.03613 $13.07
    12/08/2022 -- -- $0.35677 $0.35677 $13.38
    09/30/2022 $0.03613 -- -- $0.03613 $12.64
    06/30/2022 $0.03945 -- -- $0.03945 $13.22
    03/31/2022 $0.02860 -- -- $0.02860 $14.83
    12/29/2021 $0.02836 -- -- $0.02836 $15.81
    12/07/2021 -- $0.00491 $1.03848 $1.04339 $15.52
    09/30/2021 $0.03181 -- -- $0.03181 $15.63
    06/30/2021 $0.03416 -- -- $0.03416 $15.89
    03/31/2021 $0.04948 -- -- $0.04948 $15.31
    12/29/2020 $0.04229 -- -- $0.04229 $14.44
    12/08/2020 -- -- $0.80897 $0.80897 $14.49
    09/30/2020 $0.04659 -- -- $0.04659 $14.45
    06/30/2020 $0.05269 -- -- $0.05269 $13.56
    03/31/2020 $0.06728 -- -- $0.06728 $12.08
    12/27/2019 $0.05265 -- -- $0.05265 $14.26
    12/06/2019 -- -- $0.94088 $0.94088 $14.14
    09/30/2019 $0.05369 -- -- $0.05369 $14.64
    06/28/2019 $0.05820 -- -- $0.05820 $14.46
    03/29/2019 $0.06936 -- -- $0.06936 $14.23
    12/27/2018 $0.05691 -- -- $0.05691 $13.17
    12/07/2018 -- $0.00932 $1.06068 $1.07000 $13.58
    09/28/2018 $0.04981 -- -- $0.04981 $15.58
    06/29/2018 $0.04913 -- -- $0.04913 $14.83
    03/29/2018 $0.06070 -- -- $0.06070 $14.85
    12/27/2017 $0.04459 -- -- $0.04459 $15.14
    12/07/2017 -- -- $0.79119 $0.79119 $14.99
    09/29/2017 $0.04408 -- -- $0.04408 $15.23
    06/30/2017 $0.04284 -- -- $0.04284 $14.82
    03/31/2017 $0.05044 -- -- $0.05044 $14.56
    12/28/2016 $0.04636 -- -- $0.04636 $14.14
    12/07/2016 -- -- $1.26622 $1.26622 $14.23
    09/30/2016 $0.04457 -- -- $0.04457 $15.00
    06/30/2016 $0.05140 -- -- $0.05140 $14.98
    03/31/2016 $0.04864 -- -- $0.04864 $14.75
    12/29/2015 $0.05209 -- -- $0.05209 $14.82
    12/09/2015 -- -- $0.36612 $0.36612 $14.81
    09/30/2015 $0.04894 -- -- $0.04894 $14.64
    06/30/2015 $0.04792 -- -- $0.04792 $15.46
    03/31/2015 $0.04696 -- -- $0.04696 $15.63
    12/31/2014 $0.04620 -- -- $0.04620 $15.60
    12/08/2014 -- $0.00451 $0.60674 $0.61125 $15.59
    09/30/2014 $0.05055 -- -- $0.05055 $15.52
    06/30/2014 $0.04906 -- -- $0.04906 $15.51
    03/31/2014 $0.05471 -- -- $0.05471 $14.99
    12/31/2013 $0.04919 -- -- $0.04919 $14.72
    12/10/2013 -- -- $0.49682 $0.49682 $14.61
    09/30/2013 $0.05905 -- -- $0.05905 $14.49
    06/28/2013 $0.05310 -- -- $0.05310 $14.26
    03/28/2013 $0.03576 -- -- $0.03576 $14.19
    12/31/2012 $0.13870 -- -- $0.13870 $13.37
    09/28/2012 $0.05218 -- -- $0.05218 $13.36
    06/29/2012 $0.04780 -- -- $0.04780 $13.24
    03/30/2012 $0.05319 -- -- $0.05319 $13.16
    12/30/2011 $0.07334 -- -- $0.07334 $12.53
    09/30/2011 $0.06200 -- -- $0.06200 $11.63
    06/30/2011 $0.08090 -- -- $0.08090 --

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    Past performance is not a guarantee of future results.

    Download historical distributions and NAVs
  • Fund Documents

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    Summary Prospectus
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    Semi-Annual Report
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    Annual Report

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