Heartland Mid Cap Value Fund Institutional Class (HNMDX)
| Fund Assets | 477.92M |
| Expense Ratio | 0.85% |
| Min. Investment | $500,000 |
| Turnover | 72.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.12% |
| Dividend Growth | -61.37% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 15.07 |
| YTD Return | 13.56% |
| 1-Year Return | 12.18% |
| 5-Year Return | 39.42% |
| 52-Week Low | 12.91 |
| 52-Week High | 15.31 |
| Beta (5Y) | 1.20 |
| Holdings | 62 |
| Inception Date | Oct 31, 2014 |
About HNMDX
Heartland Mid Cap Value Fund Institutional Class is an actively managed mutual fund that targets mid-sized U.S. companies exhibiting value characteristics. Its primary objective is long-term capital appreciation, achieved by investing in a diversified portfolio of 40–60 holdings, focusing on mid-cap firms that pay dividends and are considered undervalued based on fundamental analysis. The fund employs a dual-basket approach—combining traditional value stocks with deep value opportunities—to help reduce the impact of market cyclicality and enhance consistency in returns relative to the Russell Midcap® Value Index benchmark. Stock selection is guided by rigorous research, utilizing targeted catalysts to unlock shareholder value, and is the fund’s main driver of performance. The Institutional Class maintains a competitive expense ratio, capped at 0.85% through at least April 2026, and requires a substantial initial investment. The fund plays a significant role in providing institutional investors with efficient access to the mid-cap value segment, and is recognized for its disciplined process and seasoned management, offering diversification across sectors vital to the U.S. economy including industrials, healthcare, and consumer goods.
Performance
HNMDX had a total return of 12.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.01%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HRMDX | Investor Class | 1.10% |
Top 10 Holdings
32.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Teledyne Technologies Incorporated | TDY | 4.38% |
| EOG Resources, Inc. | EOG | 4.00% |
| Exelon Corporation | EXC | 3.47% |
| Public Storage | PSA | 3.35% |
| J.B. Hunt Transport Services, Inc. | JBHT | 3.06% |
| NOV Inc. | NOV | 2.97% |
| Keysight Technologies, Inc. | KEYS | 2.97% |
| Becton, Dickinson and Company | BDX | 2.96% |
| The Hershey Company | HSY | 2.95% |
| Watsco, Inc. | WSO | 2.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.32328 | Dec 19, 2025 |
| Dec 20, 2024 | $0.83679 | Dec 20, 2024 |
| Dec 27, 2023 | $0.29834 | Dec 27, 2023 |
| Dec 28, 2022 | $0.70517 | Dec 28, 2022 |
| Dec 29, 2021 | $3.26605 | Dec 29, 2021 |
| Dec 29, 2020 | $0.06968 | Dec 29, 2020 |