Heartland Value Plus Fund Insti Class Shs

Frequently Asked Questions About HNVIX

What does HNVIX invest in?

This investment vehicle strives to achieve substantial long-term growth for its capital and generate a moderate stream of current income. It employs a focused investment strategy, primarily allocating capital to a select portfolio of typically 40 to 70 common equities from smaller enterprises, chosen based on their intrinsic value. A significant portion of its holdings generally consists of common shares that pay dividends. Upon initial acquisition, the fund predominantly targets companies with market valuations ranging from $250 million to $4 billion.

What is the expense ratio of HNVIX?

Heartland Value Plus Fund Insti Class Shs (HNVIX) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HNVIX?

Heartland Value Plus Fund Insti Class Shs (HNVIX) manages $329.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HNVIX actively managed or an index fund?

HNVIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HNVIX launched?

Heartland Value Plus Fund Insti Class Shs (HNVIX) launched in May 2008 and is managed by the fund issuer.

How has HNVIX performed?

HNVIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.