Heartland Value Fund Institutional Class (HNTVX)

Fund Assets	1.10B
Expense Ratio	0.946%
Min. Investment	$500,000
Turnover	44.00%
Dividend (ttm)	0.40
Dividend Yield	0.64%
Dividend Growth	-15.44%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	61.48
YTD Return	18.95%
1-Year Return	23.54%
5-Year Return	73.28%
52-Week Low	51.66
52-Week High	67.17
Beta (5Y)	0.92
Holdings	105
Inception Date	May 1, 2008

About HNTVX

Heartland Value Fund Institutional Class is an actively managed mutual fund focused on long-term capital appreciation through investments in undervalued micro-cap and small-cap U.S. companies. The fund is distinguished by its value-oriented approach, guided by Heartland’s proprietary 10 Principles of Value Investing™, which emphasize meticulous stock selection and fundamental analysis. By targeting smaller companies—typically those with market capitalizations below $2.5 billion—it provides investors exposure to segments of the market that are often under-researched yet offer compelling value opportunities. The fund’s barbell strategy combines allocations to both micro-cap and small-cap stocks, aiming to balance risk while seeking superior performance relative to the Russell 2000 Value Index, its benchmark. Heartland Value Fund Institutional Class is managed by an experienced team and is suitable for investors and institutions seeking diversification within the small value segment, as well as active management to navigate the unique characteristics and volatility of smaller-cap equities.

• Fund Family: Heartland
• Category: Small Value
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: HNTVX
• Share Class: Institutional Class
• Index: Russell 2000 Value TR

Performance

HNTVX had a total return of 23.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.30%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HRTVX	Investor Class	1.09%

Top 10 Holdings

22.61% of assets

Name	Symbol	Weight
Centerra Gold Inc.	CG	3.12%
Bbh Repo 2.98 09/01/2026	n/a	2.69%
Encore Capital Group, Inc.	ECPG	2.47%
Teleflex Incorporated	TFX	2.31%
Eldorado Gold Corporation	ELD	2.29%
Capital City Bank Group, Inc.	CCBG	2.15%
Century Communities, Inc.	CCS	1.96%
EZCORP, Inc.	EZPW	1.92%
Integer Holdings Corporation	ITGR	1.86%
Texas Capital Bancshares, Inc.	TCBI	1.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$4.7987	Dec 19, 2025
Dec 20, 2024	$4.33896	Dec 20, 2024
Dec 27, 2023	$2.62359	Dec 27, 2023
Dec 28, 2022	$1.2641	Dec 28, 2022
Dec 29, 2021	$6.32983	Dec 29, 2021
Dec 29, 2020	$0.38356	Dec 29, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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