May 10, 2019 - Hennessy Funds is pleased to announce that the Hennessy Gas Utility Fund (Ticker: GASFX) today celebrates its 30th anniversary. Since 1989, the Fund has provided investors an opportunity to participate in the growth of the natural gas industry.
The Hennessy Gas Utility Fund is comprised entirely of publicly traded members of the American Gas Association, a national trade association representing natural gas distribution companies. The Fund has followed the same investment process and methodology since its inception, and it is the only product of its kind offered to the investing public.
“We are very proud of the Fund’s long track record of performance," said Ryan C. Kelley, CFA, Portfolio Manager of the Fund. "With an abundant domestic supply, low and competitive pricing, and environmental advantages, natural gas should continue to be a compelling investment for decades to come,” he added.