Hennessy Midstream Fund
|
||||||||||||
Schedule of Investments
|
||||||||||||
January 31, 2024 (Unaudited)
|
||||||||||||
COMMON STOCKS — 41.27%
|
Number of
Shares
|
Value
|
% of Net
Assets
|
|||||||||
Gathering & Processing — 18.39%
|
||||||||||||
Antero Midstream Corp.
|
346,600
|
$
|
4,242,384
|
7.53
|
%
|
|||||||
EnLink Midstream LLC
|
109,000
|
1,314,540
|
2.33
|
%
|
||||||||
Equitrans Midstream Corp.
|
338,500
|
3,449,315
|
6.13
|
%
|
||||||||
Targa Resources Corp.
|
15,900
|
1,350,864
|
2.40
|
%
|
||||||||
10,357,103
|
18.39
|
%
|
||||||||||
Natural Gas/NGL Transportation — 22.88%
|
||||||||||||
DT Midstream, Inc.
|
19,800
|
1,063,062
|
1.89
|
%
|
||||||||
Kinder Morgan, Inc.
|
126,690
|
2,143,595
|
3.81
|
%
|
||||||||
ONEOK, Inc.
|
60,345
|
4,118,546
|
7.32
|
%
|
||||||||
TC Energy Corp.
|
60,000
|
2,365,800
|
4.20
|
%
|
||||||||
The Williams Companies, Inc.
|
91,952
|
3,187,056
|
5.66
|
%
|
||||||||
12,878,059
|
22.88
|
%
|
||||||||||
Total Common Stocks
|
||||||||||||
(Cost $15,531,138)
|
23,235,162
|
41.27
|
%
|
|||||||||
PARTNERSHIPS & TRUSTS — 55.92%
|
||||||||||||
Crude Oil and Refined Products — 21.35%
|
||||||||||||
MPLX LP
|
152,949
|
5,896,184
|
10.48
|
%
|
||||||||
Plains All American Pipeline LP
|
396,426
|
6,120,818
|
10.87
|
%
|
||||||||
12,017,002
|
21.35
|
%
|
||||||||||
Gathering & Processing — 6.16%
|
||||||||||||
Western Midstream Partners LP
|
120,700
|
3,467,711
|
6.16
|
%
|
||||||||
Natural Gas/NGL Transportation — 28.41%
|
||||||||||||
Cheniere Energy Partners LP
|
9,300
|
492,156
|
0.88
|
%
|
||||||||
Energy Transfer LP
|
585,500
|
8,372,650
|
14.87
|
%
|
||||||||
Enterprise Products Partners LP
|
266,400
|
7,128,864
|
12.66
|
%
|
||||||||
15,993,670
|
28.41
|
%
|
||||||||||
Total Partnerships & Trusts
|
||||||||||||
(Cost $16,821,556)
|
31,478,383
|
55.92
|
%
|
|||||||||
SHORT-TERM INVESTMENTS — 1.91%
|
||||||||||||
Money Market Funds — 1.91%
|
||||||||||||
First American Government Obligations Fund - Class X, 5.250%(a)
|
1,072,772
|
1,072,772
|
1.91
|
%
|
||||||||
Total Short-Term Investments
|
||||||||||||
(Cost $1,072,772)
|
1,072,772
|
1.91
|
%
|
|||||||||
Total Investments
|
||||||||||||
(Cost $33,425,466) — 99.10%
|
55,786,317
|
99.10
|
%
|
|||||||||
Other Assets in Excess of Liabilities - 0.90%
|
507,179
|
0.90
|
%
|
|||||||||
TOTAL NET ASSETS — 100.00%
|
$
|
56,293,496
|
100.00
|
%
|
||||||||
Percentages are stated as a percent of net assets.
|
(a)
|
The rate listed is the fund’s seven-day yield as of January 31, 2024.
|
Common Stocks
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Gathering & Processing
|
$
|
10,357,103
|
$
|
—
|
$
|
—
|
$
|
10,357,103
|
||||||||
Natural Gas/NGL Transportation
|
12,878,059
|
—
|
—
|
12,878,059
|
||||||||||||
Total Common Stocks
|
$
|
23,235,162
|
$
|
—
|
$
|
—
|
$
|
23,235,162
|
||||||||
Partnerships & Trusts
|
||||||||||||||||
Crude Oil and Refined Products
|
$
|
12,017,002
|
$
|
—
|
$
|
—
|
$
|
12,017,002
|
||||||||
Gathering & Processing
|
3,467,711
|
—
|
—
|
3,467,711
|
||||||||||||
Natural Gas/NGL Transportation
|
15,993,670
|
—
|
—
|
15,993,670
|
||||||||||||
Total Partnerships & Trusts
|
$
|
31,478,383
|
$
|
—
|
$
|
—
|
$
|
31,478,383
|
||||||||
Short-Term Investments
|
||||||||||||||||
Money Market Funds
|
$
|
1,072,772
|
$
|
—
|
$
|
—
|
$
|
1,072,772
|
||||||||
Total Short-Term Investments
|
$
|
1,072,772
|
$
|
—
|
$
|
—
|
$
|
1,072,772
|
||||||||
Total Investments
|
$
|
55,786,317
|
$
|
—
|
$
|
—
|
$
|
55,786,317
|