Hennessy Total Return Fund

Full Portfolio Holdings

As of 12/31/25
Equity Holdings Ticker % of Net Assets
Johnson & Johnson JNJ 7.5%
Merck & Co., Inc. MRK 7.4%
Amgen AMGN 7.3%
The Coca-Cola Company KO 6.9%
Verizon Communications, Inc. VZ 6.8%
Chevron Corp. CVX 6.5%
Procter & Gamble Co. PG 6.2%
Cisco Systems, Inc. CSCO 3.9%
UnitedHealth Group, Inc. UNH 3.7%
IBM Corp. IBM 3.5%
McDonald's Corp. MCD 3.3%
NIKE, Inc. (Class B) NKE 3.2%
The Home Depot, Inc. HD 3.1%
Total as % of Net Assets 69.18%
Fixed Income Holdings Ticker % of Net Assets
U.S. Treasury Bill - (03/12/26) 912797SB4 9.5%
U.S. Treasury Bill - (02/05/26) 912797RL3 8.3%
U.S. Treasury Bill - (01/08/26) 912797RH2 11.9%
Total as % of Net Assets 29.65%
Cash & Other Holdings Ticker % of Net Assets
Cash & Other 1.2%
Total as % of Net Assets 1.17%