NOVATO, Calif., May 12, 2025 /PRNewswire/ -- Hennessy Advisors Inc. announced effective today that its semi-transparent Hennessy Stance ESG ETF (Ticker: STNC) has transitioned to a fully transparent structure and will now be known as the Hennessy Sustainable ETF. The ETF continues to trade on the Nasdaq Stock Market LLC ("Nasdaq"), with Hennessy Advisors serving as the investment advisor.

This strategic move reflects both a broader industry trend toward greater transparency and Hennessy's longstanding commitment to prioritizing shareholders' interests – a core value since the firm's founding in 1989. By adopting a fully transparent structure, STNC will now disclose its holdings daily, providing enhanced visibility and the ability to make more informed investment decisions.   

NOVATO, Calif., May 7, 2025 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq:HNNA) reported results for its second fiscal quarter of 2025, which ended March 31, 2025. The firm also announced a quarterly dividend of $0.1375 per share to be paid on June 4, 2025, to shareholders of record as of May 20, 2025, which represents an annualized dividend yield of 5.2%.*

"The first quarter of 2025 was marked by heightened volatility, fueled by headline-grabbing developments, most notably the announcement of sweeping new tariffs that triggered sharp selloffs across both equity and bond markets," said Neil Hennessy, Chairman and CEO. "Ongoing uncertainty surrounding potential tax changes, inflation, interest rate policy, and government spending cuts has only added to investor unease. With so much happening so quickly—and with little immediate clarity—it's understandable that many investors are feeling overwhelmed. Having witnessed many turbulent markets over my 45-year career, I believe it's essential to look past the short-term noise. Markets should eventually stabilize as new realities are absorbed and understood. We feel our responsibility is to stay grounded in the fundamentals. And today, those fundamentals appear to remain solid: consumers are still spending, corporations are well capitalized, and interest rates have remained relatively stable."

NOVATO, Caif., March 14, 2025 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq: HNNA) announced that it has signed a definitive agreement with STF Management, LP ("STFM") to significantly expand its ETF offerings. This strategic move involves purchasing the assets of two ETFs and bringing them under the Hennessy umbrella: the STF Tactical Growth ETF (TUG) and the STF Tactical Growth & Income ETF (TUGN) (the "STFM ETFs"), with combined assets of approximately $220 million. The transaction is expected to close in the third quarter of 2025.

NOVATO, Calif., Feb. 13, 2025 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq:HNNA) reported results for its first fiscal quarter of 2025, which ended December 31, 2024. The firm also announced a quarterly dividend of $0.1375 per share to be paid on March 6, 2025, to shareholders of record as of February 24, 2025, which represents an annualized dividend yield of 4.6%.*

"2024 delivered record highs in the stock market, with the Dow Jones Industrial Average returning 14.99% and the S&P 500® Index returning 25.02% for the year ended December 31, 2024," said Neil Hennessy, Chairman and CEO. "I believe the markets were buoyed by the strength of the U.S. economy, and I am confident that investors are carrying that positive sentiment into 2025, fueled by strong—and even increasing—consumer spending. With robust corporate profits across multiple sectors and mild inflation, I believe positive market momentum will continue. While periods of volatility may arise, we remain confident that corporate America will continue to adapt to fiscal and administrative policies, sustaining growth and creating economic opportunities now and in the future."

NOVATO, Calif., Dec. 11, 2024 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq: HNNA) today reported results for the fiscal year ended September 30, 2024.

"So far in 2024, the U.S. stock market and economy have thrived on a wave of optimism," said Neil Hennessy, Chairman and CEO. "With the presidential election and initial Federal Reserve rate cuts now behind us, investors can return their focus to core fundamentals of the U.S. economy, which appear solid."

"Over the course of more than four decades in this business, I have witnessed the economic resilience of the United States through periods of high inflation, rising interest rates, and geopolitical uncertainty. Today, I believe many economic fundamentals are strong. Unemployment is low and stable, corporate earnings and cash flows are robust, and our banking system is both healthy and viable. With positive consumer sentiment, I see spending driving corporate profits, and I believe this will spur the stock market's continued growth through the end of the year and beyond. As always, our focus remains on navigating any economic environment to deliver long-term value for our shareholders," he continued.

NOVATO, Calif., Nov. 25, 2024 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) today announced that, effective December 18, 2024, it will transfer the stock exchange listing for the Hennessy Stance ESG ETF (the "Stance ETF") from NYSE Arca, Inc. to The Nasdaq Stock Market LLC ("Nasdaq").

Hennessy Advisors, Inc. is the investment advisor for the Stance ETF, which is a series of Hennessy Funds Trust (the "Trust"). The Board of Trustees of the Trust approved the transfer at a meeting held on September 25, 2024. The Stance ETF expects to begin trading as a Nasdaq-listed company on December 18, 2024, and its shares will continue to trade under the symbol "STNC."

NOVATO, Calif., Oct. 30, 2024 /PRNewswire/ -- The Board of Directors of Hennessy Advisors, Inc. (NASDAQ: HNNA) today declared a quarterly dividend of $0.1375 per share to be paid on November 27, 2024, to shareholders of record as of November 14, 2024, which represents an annualized dividend yield of 5.28%.*

"This year marks the second decade of consistently paying a dividend to our shareholders. Our dividend is well supported by both earnings and cash flow and reflects our core commitment that our shareholders are our top priority," said Neil Hennessy, Chairman and CEO of Hennessy Advisors, Inc.  

NOVATO, Calif., Aug. 8, 2024 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq: HNNA) reported results for its third fiscal quarter of 2024, which ended June 30, 2024. The firm also announced a quarterly dividend of $0.1375 per share to be paid on September 5, 2024, to shareholders of record as of August 22, 2024, which represents an annualized dividend yield of 6.6%.*

"The U.S. stock market continues to perform well in 2024, with the Dow Jones Industrial Average up 4.79% and the S&P 500® Index up 15.29% for the calendar year-to-date through June 30, 2024. Even the most persistent stock market naysayers seem to have come to a consensus that the markets will likely remain positive through the end of the year. Investors appear to be optimistic about lower inflation data, continued earnings growth, possible interest rate cuts, and solid 2.3% GDP growth estimates for 2024 – and rightly so in my opinion," said Neil Hennessy, Chairman and CEO. "We at Hennessy Funds are proud to manage a successful fund lineup. Our family of funds has delivered both recent solid returns and consistent long-term results," he added.