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
| ISIN | US4223525001 |
|---|---|
| CUSIP | 422352500 |
| Issuer | Heartland |
| Inception Date | Oct 26, 1993 |
| Category | Small Cap Value Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | 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 -1.81% year-to-date (YTD) and 3.90% in the last 12 months. Over the past 10 years, Heartland Value Plus Fund had an annualized return of 5.09%, while the S&P 500 had an annualized return of 10.90%, indicating that Heartland Value Plus Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.81% | 11.05% |
| 1 month | 3.74% | 4.86% |
| 6 months | 6.18% | 17.50% |
| 1 year | 3.90% | 27.37% |
| 5 years (annualized) | 8.02% | 13.14% |
| 10 years (annualized) | 5.09% | 10.90% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.29% | 2.11% | 4.25% | -6.73% | -1.81% | ||||||||
| 2023 | 6.59% | -1.37% | -4.57% | -3.05% | -3.57% | 6.91% | 3.49% | -3.24% | -5.21% | -5.02% | 3.27% | 9.08% | 1.83% |
| 2022 | -5.12% | -0.29% | 1.57% | -6.61% | 4.02% | -5.26% | 6.07% | -4.59% | -8.70% | 14.00% | 5.01% | -2.86% | -4.99% |
| 2021 | 3.31% | 11.82% | 4.36% | 2.79% | 3.51% | -2.92% | -2.48% | 1.04% | -1.98% | 1.68% | -4.11% | 6.50% | 24.89% |
| 2020 | -4.82% | -9.71% | -10.95% | 11.01% | 3.95% | -0.61% | 3.12% | 2.46% | -5.62% | 1.19% | 18.08% | 7.70% | 12.62% |
| 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% | 26.00% |
| 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% | -0.29% | -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% | -7.87% | -17.35% |
| 2014 | -5.58% | 5.50% | 3.48% | -1.25% | -1.45% | 5.01% | -8.08% | 5.25% | -7.40% | 3.79% | -3.14% | 2.53% | -2.74% |
| 2013 | 5.86% | 1.27% | 2.80% | -3.94% | 6.17% | -2.28% | 5.73% | -3.36% | 7.20% | 4.51% | 4.02% | 2.60% | 34.18% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HRVIX is 10, indicating that it is in the bottom 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
HRVIX (Heartland Value Plus Fund)
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 granted a 1.46% dividend yield in the last twelve months. The annual payout for that period amounted to $0.53 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.53 | $0.83 | $9.72 | $0.41 | $0.52 | $0.32 | $0.05 | $0.20 | $2.12 | $3.22 | $4.01 |
Dividend yield | 1.46% | 1.43% | 2.25% | 24.50% | 1.03% | 1.47% | 1.13% | 0.14% | 0.65% | 8.78% | 10.16% | 11.21% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $9.72 | $9.72 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 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 | $2.12 | $2.12 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.22 | $3.22 |
| 2013 | $4.01 | $4.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 46.82%, occurring on Mar 9, 2009. Recovery took 270 trading sessions.
The current Heartland Value Plus Fund drawdown is 9.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.82% | Jun 20, 2008 | 179 | Mar 9, 2009 | 270 | Apr 5, 2010 | 449 |
| -36.69% | Sep 4, 2018 | 390 | Mar 23, 2020 | 171 | Nov 23, 2020 | 561 |
| -33.03% | Jul 7, 2014 | 405 | Feb 11, 2016 | 413 | Oct 2, 2017 | 818 |
| -28.69% | Jul 8, 2011 | 61 | Oct 3, 2011 | 314 | Jan 4, 2013 | 375 |
| -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 4.28%, 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.