Heartland Mid Cap Value Fund (HRMDX)

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The chart shows the growth of an initial investment of $10,000 in Heartland Mid Cap Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Heartland Mid Cap Value Fund (HRMDX) has returned 2.35% so far this year and 1.79% over the past 12 months. Over the last ten years, HRMDX has returned 9.54% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2015, HRMDX's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, your investment would double in approximately 7.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +14.9%, while the worst month was Mar 2020 at -20.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HRMDX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -11.3%.

Heartland Mid Cap Value Fund has an annualized alpha of -1.11%, beta of 0.92, and R² of 0.73 versus S&P 500 Index. Calculated based on daily prices since January 05, 2015.

• This fund participated in 97.74% of S&P 500 Index downside but only 87.26% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 0.92 and R² of 0.73, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

HRMDX has a high expense ratio of 1.10%, indicating above-average management fees.

HRMDX ranks 7 for risk / return — in the bottom 7% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Heartland Mid Cap Value Fund (HRMDX) and compare them to a chosen benchmark (S&P 500 Index).

Heartland Mid Cap Value Fund provided a 2.12% dividend yield over the last twelve months, with an annual payout of $0.29 per share.

The table displays the monthly dividend distributions for Heartland Mid Cap Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Heartland Mid Cap Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Heartland Mid Cap Value Fund was 42.61%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.

The current Heartland Mid Cap Value Fund drawdown is 9.39%.

The chart below shows the rolling one-month volatility.