Heartland Value Plus Fund Investor Class (HRVIX)

Fund Assets	297.89M
Expense Ratio	1.202%
Min. Investment	$1,000
Turnover	67.00%
Dividend (ttm)	0.22
Dividend Yield	0.54%
Dividend Growth	28.33%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	41.14
YTD Return	15.67%
1-Year Return	15.96%
5-Year Return	14.86%
52-Week Low	34.18
52-Week High	45.31
Beta (5Y)	0.84
Holdings	57
Inception Date	Oct 26, 1993

About HRVIX

Heartland Value Plus Fund Investor Class is a mutual fund focused on achieving long-term capital appreciation with a secondary goal of modest current income. The fund primarily invests in a concentrated portfolio of 40 to 70 small-cap value stocks that are considered undervalued relative to their intrinsic worth. Its disciplined investment approach relies on rigorous fundamental analysis guided by Heartland’s 10 Principles of Value Investing™, emphasizing companies with strong balance sheets, many of which pay dividends. The fund’s holdings are typically aligned with the market capitalization range of the Russell 2000® Value Index, making it representative of the U.S. small-cap value equity segment. With a focus on stock selection as the main driver of performance, the fund actively manages sector and security exposures to mitigate volatility and capture potential price appreciation. Heartland Value Plus Fund Investor Class plays a role in the market by providing investors with exposure to smaller, often overlooked companies, aiming to uncover value opportunities that may not be fully recognized by the broader market.

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

Performance

HRVIX had a total return of 15.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.21%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FCVCX	Fidelity	Fidelity Advisor Small Cap Value C	1.79%
FCVAX	Fidelity	Fidelity Advisor Small Cap Value A	1.07%
FCVTX	Fidelity	Fidelity Advisor Small Cap Value M	1.34%
FIKNX	Fidelity	Fidelity Advisor Small Cap Value Z	0.66%
FCVIX	Fidelity	Fidelity Advisor Small Cap Value I	0.78%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
HNVIX	Institutional Class	0.99%

Top 10 Holdings

30.55% of assets

Name	Symbol	Weight
Royalty Pharma plc	RPRX	3.60%
Stifel Financial Corp.	SF	3.20%
Associated Banc-Corp	ASB	3.16%
F.N.B. Corporation	FNB	3.04%
EastGroup Properties, Inc.	EGP	3.01%
Renasant Corporation	RNST	2.98%
Seacoast Banking Corporation of Florida	SBCF	2.96%
Lamar Advertising Company	LAMR	2.95%
FB Financial Corporation	FBK	2.85%
Envista Holdings Corporation	NVST	2.80%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.22343	Dec 19, 2025
Dec 20, 2024	$1.07539	Dec 20, 2024
Dec 27, 2023	$0.53105	Dec 27, 2023
Dec 28, 2022	$0.83112	Dec 28, 2022
Dec 29, 2021	$9.72176	Dec 29, 2021
Dec 29, 2020	$0.40695	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

Data Sources Report a data error