{"id":456456,"date":"2021-03-11T16:37:12","date_gmt":"2021-03-11T21:37:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456456"},"modified":"2021-03-11T16:37:12","modified_gmt":"2021-03-11T21:37:12","slug":"hennessy-large-cap-financial-fund-named-2021-refinitiv-lipper-fund-award-winner","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hennessy-large-cap-financial-fund-named-2021-refinitiv-lipper-fund-award-winner\/","title":{"rendered":"Hennessy Large Cap Financial Fund Named 2021 Refinitiv Lipper Fund Award Winner"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NOVATO, Calif.<\/span>, <span class=\"xn-chron\">March 11, 2021<\/span> \/PRNewswire\/ &#8212;<b>\u00a0<\/b>Hennessy Funds today announced that the Hennessy Large Cap Financial Fund (Institutional Class: HILFX) has received the 2021 Refinitiv Lipper Fund Award (U.S.) for best-in-category performance for the five-year period ended <span class=\"xn-chron\">11\/30\/20<\/span> among 22 Financial Services Funds. For more than 30 years these highly respected awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>The Hennessy Large Cap Financial Fund maintains a concentrated portfolio and provides an opportunity to invest in a select group of larger banks and financial services companies. The Fund is managed by <span class=\"xn-person\">Dave Ellison<\/span>, the most tenured fund manager in the Financial Services sector, and by <span class=\"xn-person\">Ryan C. Kelley<\/span>, CFA.<\/p>\n<p>&#8220;We are honored to receive this recognition from this prestigious organization, and we are pleased to have delivered strong results for our Fund shareholders,&#8221; said Fund Manager <span class=\"xn-person\">Dave Ellison<\/span>. &#8220;We will continue to look for opportunities among faster-growing fintech companies and those financial services companies embracing technology, which make up a significant portion of the current portfolio, to drive Fund performance. We will also remain flexible and carefully evaluate opportunities for traditional banks as the U.S. economic recovery picks up steam,&#8221; he added.<\/p>\n<p>\n        <b><br \/>\n          <b><br \/>\n            <u>About Hennessy Funds <br \/><\/u><br \/>\n          <\/b><br \/>\n        <\/b>Hennessy Funds offers a wide range of domestic equity, multi\u2013asset, and sector and specialty mutual funds. Hennessy is committed to its consistent and repeatable investment process, combining time-tested stock selection strategies with a highly disciplined, team-managed approach, and to superior service to shareholders.<\/p>\n<p>\n        <i>Investors should consider the investment objectives, risks, charges and expenses carefully before investing. This and other important information can be found in the Fund&#8217;s summary and statutory prospectuses. To obtain a free prospectus, please call 800.966.4354 or visit hennessyfunds.com. Please read the prospectus carefully before investing.<\/i><br \/>\n        <i><br \/>\n          <br \/>\n        <\/i>\n      <\/p>\n<p>\n        <b>Mutual fund investing involves risk; Principal loss is possible. A non-diversified fund, one that may concentrate its assets in fewer holdings than a diversified fund, is more exposed to individual stock volatility than a diversified fund. Investments are focused in the financial services industry; Sector funds may be subject to a higher degree of market risk. The Fund invests in medium sized companies, which may have limited liquidity and greater volatility compared to larger companies. <\/b>\n      <\/p>\n<p>A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three, five or ten-year period.<\/p>\n<p>The Hennessy Funds are distributed by Quasar Distributors, LLC, Distributor\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF07237&amp;sd=2021-03-11\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/hennessy-large-cap-financial-fund-named-2021-refinitiv-lipper-fund-award-winner-301245918.html\">http:\/\/www.prnewswire.com\/news-releases\/hennessy-large-cap-financial-fund-named-2021-refinitiv-lipper-fund-award-winner-301245918.html<\/a><\/p>\n<p>SOURCE  Hennessy Advisors, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF07237&amp;Transmission_Id=202103111634PR_NEWS_USPR_____SF07237&amp;DateId=20210311\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NOVATO, Calif., March 11, 2021 \/PRNewswire\/ &#8212;\u00a0Hennessy Funds today announced that the Hennessy Large Cap Financial Fund (Institutional Class: HILFX) has received the 2021 Refinitiv Lipper Fund Award (U.S.) for best-in-category performance for the five-year period ended 11\/30\/20 among 22 Financial Services Funds. For more than 30 years these highly respected awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The Hennessy Large Cap Financial Fund maintains a concentrated portfolio and provides an opportunity to invest in a select group of larger banks and financial services companies. The Fund is managed by Dave Ellison, the most tenured fund manager in the Financial Services sector, and by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hennessy-large-cap-financial-fund-named-2021-refinitiv-lipper-fund-award-winner\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hennessy Large Cap Financial Fund Named 2021 Refinitiv Lipper Fund Award Winner&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456456","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hennessy Large Cap Financial Fund Named 2021 Refinitiv Lipper Fund Award Winner - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hennessy-large-cap-financial-fund-named-2021-refinitiv-lipper-fund-award-winner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hennessy Large Cap Financial Fund Named 2021 Refinitiv Lipper Fund Award Winner - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NOVATO, Calif., March 11, 2021 \/PRNewswire\/ &#8212;\u00a0Hennessy Funds today announced that the Hennessy Large Cap Financial Fund (Institutional Class: HILFX) has received the 2021 Refinitiv Lipper Fund Award (U.S.) for best-in-category performance for the five-year period ended 11\/30\/20 among 22 Financial Services Funds. For more than 30 years these highly respected awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The Hennessy Large Cap Financial Fund maintains a concentrated portfolio and provides an opportunity to invest in a select group of larger banks and financial services companies. 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For more than 30 years these highly respected awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The Hennessy Large Cap Financial Fund maintains a concentrated portfolio and provides an opportunity to invest in a select group of larger banks and financial services companies. 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