Hennessy Advisors Inc

NASDAQ:HNNA

Hennessy Advisors, Inc. investment management firm, which engages in managing, servicing and marketing open-end mutual funds branded as the Hennessy Funds. The company is headquartered in Novato, California and currently employs 18 full-time employees. The company went IPO on 2002-09-03. The firm's primary business activity is managing, servicing, and marketing a family of open-end mutual funds branded as the Hennessy Funds. The company provides investment advisory services to the Hennessy Funds and secondarily by providing shareholder services to shareholders of the Hennessy Funds. Its investment advisory services include managing the composition of each Fund's portfolio, including the purchase, retention, and disposition of portfolio securities in accordance with each Fund's investment objectives, policies, and restrictions. The company also includes overseeing the selection and continued employment of sub-advisors and monitoring such sub-advisor's investment performance and adherence to investment policies and compliance procedures. The firm manages approximately 16 mutual funds that are categorized as Domestic Equity, Multi-Asset, and Sector and Specialty Funds.