Hennessy Cornerstone Mid Cap 30 Fd Inv Cl (HFMDX) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl (HFMDX) trades at $26.09. Hennessy Cornerstone Mid Cap 30 Fd Inv Cl is a financial services company specializing in asset management. Market cap: $1.35B, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for HFMDX: HFMDX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HFMDX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on HFMDX.
How is this calculated? →Hennessy Cornerstone Mid Cap 30 Fd Inv Cl (HFMDX) Financial Services Profile
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl is an asset management fund employing a quantitative investment strategy focused on mid-cap growth stocks. The fund utilizes its proprietary 'Mid Cap 30 Formula' to select and equally weight 30 stocks, rebalancing annually to maintain its investment approach within the financial services sector.
What Is the Investment Thesis for HFMDX?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl presents an investment opportunity centered on its quantitative approach to mid-cap growth stock selection. The fund's strategy of equally weighting 30 stocks and rebalancing annually offers a diversified exposure to the mid-cap market segment. With a market capitalization of $1.35B and a beta of 1.28, the fund exhibits moderate market sensitivity. A key value driver is the consistent application of the Mid Cap 30 Formula, which aims to identify companies with strong growth potential. Upcoming annual rebalancing in the fall serves as a catalyst for portfolio adjustments based on the latest market data. However, the absence of dividend payments may deter income-focused investors. The fund's performance is susceptible to market fluctuations and the effectiveness of its quantitative model.
Based on FMP financials and quantitative analysis
HFMDX Key Highlights
Market capitalization of $1.35B indicates the fund's size and influence within the mid-cap segment.
- Beta of 1.28 suggests a moderate level of volatility compared to the broader market.
- The fund invests at least 80% of its net assets in mid-cap growth-oriented common stocks, aligning with its stated investment objective.
- The fund purchases 30 stocks weighted equally by dollar amount, with 3.33% of the portfolio's assets invested in each, ensuring diversification.
- Annual rebalancing in the fall allows the fund to adapt to changing market conditions and maintain its investment strategy.
Who Are HFMDX's Competitors?
HFMDX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AOCIX American Century One Choice Portfolio: Conservative Investor Class | $14.27 | -0.42% | $1.07B | 44 |
| AOOIX American Century One Choice 2045 Portfolio - I Class | $19.17 | -0.42% | $1.26B | 44 |
| ARCVX American Century One Choice 2030 Ptf Investoc Class | $12.98 | -0.31% | $1.14B | 40 |
| ARDVX American Century One Choice 2040 Ptf Investor Class | $14.28 | -0.42% | $1.12B | 44 |
| AROIX American Century One Choice 2045 Portfolio Investor Class | $19.12 | -0.47% | $1.25B | 44 |
| HQH Abrdn Healthcare Investors | $23.84 | -3.33% | $1.36B | 71 |
| ASA ASA Gold and Precious Metals Limited | $62.31 | +0.10% | $1.17B | 70 |
| CET Central Securities Corp. | $54.21 | -0.90% | $1.60B | 70 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HFMDX's Key Strengths?
Disciplined quantitative investment approach.
- Equal weighting of portfolio holdings for diversification.
- Annual rebalancing to maintain investment strategy.
- Focus on mid-cap growth stocks.
What Are HFMDX's Weaknesses?
Reliance on a single quantitative formula.
- Lack of flexibility in investment decisions.
- Absence of dividend payments.
- Potential for underperformance in certain market conditions.
What Could Drive HFMDX Stock Higher?
Annual rebalancing of the portfolio in the fall.
- Market trends favoring quantitative investment strategies.
- Increasing demand for mid-cap exposure.
What Are the Key Risks for HFMDX?
Market volatility impacting fund performance.
- Changes in the regulatory environment affecting asset management.
- Underperformance of the Mid Cap 30 Formula.
- Competition from other asset management firms.
What Are the Growth Opportunities for HFMDX?
- Expansion of Quantitative Strategies: The increasing adoption of quantitative investment strategies presents a growth opportunity for Hennessy Cornerstone Mid Cap 30 Fd Inv Cl. As investors seek data-driven approaches to portfolio management, the fund's Mid Cap 30 Formula could attract greater interest. The market for quantitative strategies is projected to grow as investors look for ways to enhance returns and manage risk. Timeline: Ongoing.
- Increased Demand for Mid-Cap Exposure: The growing interest in mid-cap stocks offers a growth opportunity for the fund. Mid-cap companies often provide a balance between the growth potential of small-cap stocks and the stability of large-cap stocks. As investors seek diversified exposure to different market segments, the fund's focus on mid-cap growth stocks could attract new capital. Timeline: Ongoing.
- Product Innovation: Hennessy Cornerstone Mid Cap 30 Fd Inv Cl could expand its product offerings to include variations of its core strategy. This could involve launching new funds with different investment mandates or risk profiles. By diversifying its product line, the fund could attract a wider range of investors and increase its assets under management. Timeline: 1-3 years.
- Geographic Expansion: The fund could explore opportunities to expand its distribution network to new geographic markets. This could involve partnering with local distributors or establishing a presence in international markets. By reaching a broader investor base, the fund could increase its assets under management and enhance its brand recognition. Timeline: 3-5 years.
- Technological Advancement: Investing in advanced data analytics and artificial intelligence could enhance the fund's Mid Cap 30 Formula and improve its stock selection process. By leveraging technology, the fund could identify undervalued companies and generate higher returns for its investors. The market for AI-powered investment tools is growing rapidly, presenting a significant opportunity for the fund. Timeline: Ongoing.
What Are HFMDX's Competitive Advantages?
- Proprietary quantitative investment strategy (Mid Cap 30 Formula).
- Established track record in managing mid-cap growth portfolios.
- Brand recognition within the Hennessy Funds family.
What Does HFMDX Do?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl is a financial services company operating within the asset management industry. The fund is structured as an investment vehicle that focuses primarily on mid-capitalization growth-oriented common stocks. The fund was created with the objective of providing investors exposure to a select group of mid-cap companies exhibiting growth potential. The fund employs a quantitative methodology known as the Cornerstone Mid Cap 30 Formula to construct and manage its portfolio. This formula drives the selection process, ensuring that the fund maintains its focus on its target investment profile. The fund's investment strategy involves purchasing 30 stocks, each weighted equally by dollar amount, representing 3.33% of the portfolio's assets. This equal weighting approach aims to diversify risk and provide balanced exposure to the selected companies. The Mid Cap 30 Formula is applied annually to re-screen the universe of stocks, ensuring that the portfolio remains aligned with the fund's investment objectives and market conditions. This rebalancing typically occurs in the fall of each year. The fund is based in Novato, California.
What Products and Services Does HFMDX Offer?
- Invests primarily in mid-cap growth-oriented common stocks.
- Utilizes a quantitative formula known as the Cornerstone Mid Cap 30 Formula.
- Purchases 30 stocks weighted equally by dollar amount.
- Allocates 3.33% of the portfolio's assets to each stock.
- Re-screens the universe of stocks annually using the Mid Cap 30 Formula.
- Rebalances the portfolio annually, typically in the fall.
How Does HFMDX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- The fund's profitability is directly correlated to the size of its AUM and the performance of its investments.
- Operational costs include investment research, portfolio management, and administrative expenses.
What Industry Does HFMDX Operate In?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl operates within the asset management industry, which is characterized by increasing demand for specialized investment strategies. The fund's focus on mid-cap growth stocks positions it within a specific niche of the market. The competitive landscape includes other asset management firms offering similar investment products, such as AOCIX, AOOIX, ARCVX, ARDVX, and AROIX. Market trends include the growing adoption of quantitative investment strategies and the increasing importance of diversification in portfolio construction. The asset management industry is subject to regulatory oversight and market volatility, which can impact fund performance.
Who Are HFMDX's Key Customers?
- Individual investors seeking exposure to mid-cap growth stocks.
- Institutional investors looking for diversified investment strategies.
- Financial advisors seeking investment solutions for their clients.
Key Financial Metrics
Return on equity for Hennessy Cornerstone Mid Cap 30 Fd Inv Cl stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. HFMDX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
How Hennessy Cornerstone Mid Cap 30 Fd Inv Cl Is Valued
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl carries a market capitalization of $1.35B, placing it in the small-cap category.
HFMDX Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the fund's strategy and future performance, indicating strong belief among management.
- Community sentiment has shifted positively, with discussions highlighting the fund's diversified portfolio as a buffer against market volatility.
- Analysts are noting the fund's focus on mid-cap stocks, which historically outperform during economic recoveries, capturing growth potential.
- Recent market developments show a trend favoring mid-cap stocks, aligning with the fund's investment thesis and attracting bullish sentiment.
Bear Case
- Concerns about rising interest rates have led to skepticism regarding mid-cap stock performance, impacting investor confidence in the fund.
- Social sentiment has revealed some bearish views, with discussions around potential overvaluation of mid-cap stocks relative to their fundamentals.
- Recent fund flows indicate a slight outflow from mid-cap focused funds, suggesting a cautious approach from investors amid market uncertainty.
- Some community members express doubts about the fund's management style, questioning its ability to adapt to changing market conditions.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
HFMDX Latest News
No recent news available for HFMDX.
HFMDX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HFMDX.
Price Targets
Wall Street price target analysis for HFMDX.
HFMDX MoonshotScore
What does this score mean?
The MoonshotScore rates HFMDX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
What Investors Ask About Hennessy Cornerstone Mid Cap 30 Fd Inv Cl (HFMDX) — Financial Services
What does Hennessy Cornerstone Mid Cap 30 Fd Inv Cl do?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl is an asset management fund that invests primarily in mid-cap growth-oriented common stocks. The fund employs a quantitative investment strategy known as the Cornerstone Mid Cap 30 Formula, which is used to select and manage its portfolio of 30 stocks.
What are the main risks for HFMDX?
The main risks for Hennessy Cornerstone Mid Cap 30 Fd Inv Cl include market volatility, which can impact the fund's performance and net asset value. Changes in the regulatory environment affecting asset management could also pose a risk.
How does Hennessy Cornerstone Mid Cap 30 Fd Inv Cl make money in financial services?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl generates revenue primarily through management fees charged on its assets under management (AUM). These fees are typically calculated as a percentage of the fund's AUM and are designed to cover the costs of investment research, portfolio management, and administrative expenses.
What regulatory challenges does Hennessy Cornerstone Mid Cap 30 Fd Inv Cl face?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl faces regulatory challenges common to the asset management industry. These include compliance with securities laws and regulations, such as the Investment Company Act of 1940, which governs the operations of investment companies. The fund must also adhere to regulations regarding disclosure, reporting, and investor protection.
What are the key factors to evaluate for HFMDX?
Evaluate HFMDX on fundamentals, analyst consensus, and risk factors. Hennessy Cornerstone Mid Cap 30 Fd Inv Cl presents an investment opportunity centered on its quantitative approach to mid-cap growth stock selection. Not financial advice.
How frequently does HFMDX data refresh on this page?
HFMDX's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven HFMDX's recent stock price performance?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl (HFMDX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Disciplined quantitative investment approach. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider HFMDX overvalued or undervalued right now?
Hennessy Cornerstone Mid Cap 30 Fd Inv Cl (HFMDX) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for HFMDX, limiting comprehensive insights.
- Financial data based on available information as of 2026-03-17.