Heartland Value Fund Investor Class Shs

Frequently Asked Questions About HRTVX

What does HRTVX invest in?

The Heartland Value Fund Investor Class chiefly allocates its capital to the common stock of smaller companies. These are typically enterprises with market capitalizations that are less than the largest companies included in the Russell 2000® Value Index. Furthermore, the fund has the discretion to commit a significant portion of its assets to micro-capitalization securities, which are generally defined as companies with a market capitalization under $500 million at the time of purchase.

What is the expense ratio of HRTVX?

Heartland Value Fund Investor Class Shs (HRTVX) charges an expense ratio of 1.09%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HRTVX?

Heartland Value Fund Investor Class Shs (HRTVX) manages $1.11B 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 HRTVX actively managed or an index fund?

HRTVX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (HRTVX's is 1.09%) because there's no security selection cost.

When was HRTVX launched?

Heartland Value Fund Investor Class Shs (HRTVX) launched in December 1984 and is managed by the fund issuer.

How has HRTVX performed?

HRTVX'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.