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Award for Dune to hold and cherish alongside Oscar (4)

Ross

I believe the answer is:

hugo

I'm a little stuck... Click here to teach me more about this clue!

'award for dune to hold' is the definition.
I can't judge whether this definition defines the answer.

'cherish alongside oscar' is the wordplay.
'cherish' becomes 'hug' (I've seen this in another clue).
'alongside' is a charade indicator (letters next to each other).
'oscar' becomes 'O' (phonetic alphabet: alpha, bravo, charlie etc.).
'hug'+'o'='HUGO'

'and' acts as a link.

Can you help me to learn more?

(Other definitions for hugo that I've seen before include "Fr. Author; Sci-fi award" , "Author of Les Miserables, d. 1885" , "Victor, say" , "Man's name; sci-fi award" , "French romantic writer, Victor, d. 1885" .)

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