Mark E. DeVaul, CFA, CPA
25Years of Investing Experience
Mark is a Portfolio Manager with The London Company, a sub-advisor to the Hennessy Equity and Income Fund, and has managed the equity portion of the Fund since 2010. He is a member of The London Company’s investment committee.
Mark began working in public accounting before embarking on a career in equity research. Before joining The London Company, Mark was held equity research analyst positions with First Union Securities, Salomon Smith Barney, and Nuveen Investments.
Mark received a BS in Accounting from Liberty University and an MBA from the University of Notre Dame, and he is a CFA charterholder and member of the CFA Society of Philadelphia. Mark is also a Certified Public Accountant.
|Fund Documents||Fund Facts|
|Fund Name||Manager Commentary||Fact Sheet||MorningStar Fund Category||Inception Date||Worked on Fund Since|
|Equity and Income Fund||Allocation--50% to 70% Equity||6/3/97||2011|
Related Insights & News
Equity and Income Opportunities in a Higher Interest Rate EnvironmentStephen M. Goddard, CFAPortfolio ManagerJonathan T. Moody, CFAPortfolio ManagerJ. Brian Campbell, CFAPortfolio ManagerMark E. DeVaul, CFA, CPAPortfolio ManagerSamuel D. Hutchings, CFAPortfolio ManagerGary B. Cloud, CFAPortfolio ManagerPeter G. Greig, CFAPortfolio Manager
In the following commentary, the Portfolio Managers of the Hennessy Equity and Income Fund (HEIFX/HEIIX) provide a recap of the equity market, discuss expectations for interest rates, and give insight into where they are finding high-quality securities.
A Supportive Environment for High-Quality Equities
Portfolio Managers of the Hennessy Equity and Income Fund discuss value-oriented stock leadership, recent additions to the portfolio, and their outlook for stocks. They also share their views on inflation, interest rates, and the market.Read the Commentary
Yahoo! Finance - "Stocks Soar Despite Volatility Fears"
Equity and Income Fund Portfolio Manager Mark DeVaul shares his thoughts on the direction of interest rates, proposed tariffs, and continued market volatility. He also shares his investment case for Fund holdings Altria and Apple.View More
Finding Value in the Equity and Fixed Income Markets
In the following commentary, the Portfolio Managers of the Hennessy Equity and Income Fund discuss the outlook for earnings growth, the disparity between value and growth stock performance, and their viewpoint on interest rates and the fixed income market.Read the Commentary
Forbes.com - "Swiss Army Knife for Investing"
Equity and Income Fund Portfolio Managers Gary Cloud and Mark DeVaul discuss how this balanced fund can be a one-stop shop for investors with a mix of 60% U.S. equities and 40% high-quality U.S. bonds, with the goal of downside protection.View More