Heartland Value Fund Investor Class Shs
HRTVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- William J . Nasgovitz
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 790 N. Water Street Milwaukee WI United States of America 53202
- IPO Date
- Dec 28, 1984
- CIK
- 0000809586
- Website
- heartlandfunds.com
- Similar Companies
- Business
- Heartland Value Fund Investor Class Shares (HRTVX) is an actively managed open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of small-cap and micro-cap companies with market capitalizations generally less than the largest companies in the Russell 2000 Value Index; the fund employs a barbell approach combining micro-cap and small-cap value stocks selected through Heartland Advisors' proprietary 10 Principles of Value Investing framework, emphasizing undervalued securities across sectors such as financial services, industrials, real estate, basic materials, and technology; it offers Investor Class shares (HRTVX, CUSIP 422359109) with a minimum initial investment of $1,000 and subsequent investments of $100, alongside Institutional Class shares (HNTVX); as of September 30, 2025, the fund holds 98 positions with $863 million in assets, a weighted average market cap of $2.6 billion, and top holdings including Lincoln Educational Services Corp., Centerra Gold Inc., and Texas Capital Bancshares Inc. Launched on December 28, 1984, the fund operates under Heartland Advisors, Inc., an independent, employee-owned value investment firm founded in 1983 and headquartered at 790 N. Water Street, Suite 1200, Milwaukee, Wisconsin; the firm manages the fund alongside its siblings, including the Heartland Value Plus Fund and Heartland Mid Cap Value Fund, and provides separately managed accounts focused on value strategies irrespective of market cap constraints; available to U.S. investors, the fund targets individual and institutional clients seeking exposure to volatile but potentially rewarding small-value equities, with geographic diversification including U.S. (83.79%), Canada (8.76%), and emerging Asia stocks. In recent developments, the Heartland Value Fund marked its 40th anniversary in 2024, reaffirming its commitment to the 10 Principles of Value Investing amid a strategic pivot toward self-help companies exhibiting insider buying, share buybacks, and margin improvements irrespective of economic cycles; Heartland Advisors enhanced its portfolio construction and risk management tools, bolstered its Board of Directors with the election of Dianna Gonzales-Burdin and Dina Tantra, relocated headquarters to Milwaukee's BMO Tower, and saw its Mid Cap Value Fund team celebrate a decade of collaboration; the firm also initiated new positions in its opportunistic value equity strategy, such as Applied Materials Inc., while maintaining a trailing 1-year turnover of 39.5% as of September 30, 2025.