Heartland Value Plus Fund (HRVIX)
The fund invests primarily in a concentrated number (generally 40 to 70) of small-capitalization common stocks selected on a value basis. A majority of its assets are generally invested in dividend-paying common stocks. It primarily invests in companies with market capitalizations consistent with the capitalization range of the Russell 2000 Value Index.
Fund Info
US4223525001
422352500
Oct 26, 1993
$1,000
Small-Cap
Value
Expense Ratio
HRVIX has a high expense ratio of 1.15%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Heartland Value Plus Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Heartland Value Plus Fund had a return of 0.50% year-to-date (YTD) and 2.15% in the last 12 months. Over the past 10 years, Heartland Value Plus Fund had an annualized return of 2.38%, while the S&P 500 had an annualized return of 11.26%, indicating that Heartland Value Plus Fund did not perform as well as the benchmark.
HRVIX
0.50%
-4.20%
-0.13%
2.15%
2.11%
2.38%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of HRVIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.79% | 0.50% | |||||||||||
| 2024 | -5.29% | 2.11% | 5.00% | -7.40% | 2.70% | -2.60% | 9.36% | -1.71% | 0.40% | -1.60% | 9.55% | -11.13% | -2.75% |
| 2023 | 6.59% | -1.37% | -4.57% | -3.05% | -3.57% | 6.91% | 3.49% | -3.24% | -5.21% | -5.02% | 3.27% | 8.49% | 1.28% |
| 2022 | -5.12% | -0.29% | 1.57% | -6.61% | 4.02% | -5.26% | 6.07% | -4.59% | -8.70% | 14.00% | 5.01% | -4.56% | -6.65% |
| 2021 | 3.31% | 11.82% | 4.36% | 2.79% | 3.51% | -2.92% | -2.48% | 1.04% | -1.98% | 1.68% | -4.11% | -12.36% | 2.77% |
| 2020 | -4.82% | -9.71% | -10.95% | 11.01% | 3.95% | -0.61% | 3.11% | 2.46% | -5.62% | 1.19% | 18.08% | 7.09% | 11.98% |
| 2019 | 11.66% | 5.05% | -2.86% | 2.43% | -6.90% | 8.70% | 0.36% | -5.35% | 5.09% | 0.27% | 2.52% | 3.99% | 26.01% |
| 2018 | 2.28% | -5.76% | 0.75% | 3.22% | 5.82% | 1.28% | 1.04% | 3.99% | -3.20% | -10.65% | 0.83% | -11.74% | -13.12% |
| 2017 | 0.53% | -0.30% | -1.68% | -1.20% | -2.17% | 2.39% | 0.61% | -2.25% | 8.80% | 2.24% | 1.24% | 1.67% | 9.81% |
| 2016 | -4.32% | -3.47% | 7.91% | 1.29% | -0.33% | 0.37% | 4.61% | 1.65% | 0.58% | -2.50% | 16.05% | 3.72% | 26.77% |
| 2015 | -7.39% | 6.14% | -0.93% | 0.55% | -1.65% | -0.23% | -6.44% | -6.78% | -5.16% | 7.11% | 5.38% | -14.54% | -23.34% |
| 2014 | -5.58% | 5.50% | 3.48% | -1.25% | -1.45% | 5.01% | -8.08% | 5.25% | -7.40% | 3.79% | -3.14% | -6.65% | -11.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HRVIX is 8, meaning it’s performing worse than 92% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Heartland Value Plus Fund (HRVIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Heartland Value Plus Fund provided a 0.48% dividend yield over the last twelve months, with an annual payout of $0.17 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.17 | $0.17 | $0.33 | $0.18 | $1.17 | $0.18 | $0.52 | $0.32 | $0.05 | $0.20 | $0.21 | $0.07 |
Dividend yield | 0.48% | 0.49% | 0.88% | 0.47% | 2.96% | 0.46% | 1.47% | 1.13% | 0.14% | 0.65% | 0.86% | 0.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Heartland Value Plus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.17 | $1.17 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2014 | $0.07 | $0.07 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Heartland Value Plus 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 Value Plus Fund was 54.86%, occurring on Mar 9, 2009. Recovery took 488 trading sessions.
The current Heartland Value Plus Fund drawdown is 27.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.86% | Jul 20, 2007 | 411 | Mar 9, 2009 | 488 | Feb 11, 2011 | 899 |
| -45.26% | Dec 27, 2013 | 535 | Feb 11, 2016 | 1206 | Nov 24, 2020 | 1741 |
| -36.01% | May 10, 2021 | 350 | Sep 27, 2022 | — | — | — |
| -28.69% | Jul 8, 2011 | 61 | Oct 3, 2011 | 338 | Feb 8, 2013 | 399 |
| -28.19% | Apr 17, 2002 | 122 | Oct 9, 2002 | 163 | Jun 4, 2003 | 285 |
Volatility
Volatility Chart
The current Heartland Value Plus Fund volatility is 4.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.