HNVIX – Heartland Value Plus Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation and modest current income. The fund invests primarily in a limited 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. The fund invests a majority of its assets in companies with market capitalizations consistent with the capitalization range of the Russell 2000® Value Index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HRVIX	Heartland Value Plus Fund Investor Class	No Load	Open			Oct 26, 1993	$168.78M	1.220%	Above Average	$1,000	−$24.95M
HNVIX	Heartland Value Plus Fund Institutional Class	Institutional	Open			May 1, 2008	$134.60M	0.990%	Above Average	$500,000	−$14.98M

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