HNNA

Hennessy Advisors, Inc. operates as an investment management firm headquartered in Novato, California. The company provides investment advisory services primarily through the Hennessy Funds family of no-load mutual funds, which it manages and distributes to individual and institutional investors. Hennessy Advisors offers a range of equity and multi-asset funds across various investment strategies, including large-cap, small-cap, sector-specific, and international portfolios. The firm employs a multi-manager approach for several of its funds, partnering with specialized sub-advisors to deliver targeted investment expertise. As of recent reporting periods, the company manages approximately $3 billion in assets under management across its fund lineup. Hennessy Advisors generates revenue primarily through management fees calculated as a percentage of assets under management, as well as administrative service fees. The company operates in the competitive registered investment company industry, positioning itself as a boutique asset manager focused on long-term investment strategies and shareholder value. In recent years, Hennessy Advisors has maintained its core fund offerings while navigating industry challenges including fee compression and passive investment trends. The firm's experienced management team emphasizes disciplined investment processes and seeks to differentiate through specialized equity strategies and consistent fund stewardship.