- What does HRMDX invest in?
- Under normal circumstances, at least 80% of the fund's net assets are invested in common stocks and other equity securities of mid-capitalization companies. It invests primarily in a concentrated number (generally 40 to 60) of mid-capitalization common stocks selected on a value basis and whose current market prices, in Heartland Advisors' judgment, are undervalued relative to their intrinsic value.
- What is the expense ratio of HRMDX?
- Heartland Mid Cap Value Investor (HRMDX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HRMDX?
- Heartland Mid Cap Value Investor (HRMDX) manages $495.0M 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 HRMDX actively managed or an index fund?
- HRMDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was HRMDX launched?
- Heartland Mid Cap Value Investor (HRMDX) launched in November 2014 and is managed by the fund issuer.
- How has HRMDX performed?
- HRMDX'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.
