ATHWX Performance — Heritage Fund, R Class
Data updated: 2026-09-29
ATHWX returned +2.53% year to date and −1.94% over one year to Jul 2026. Annualised returns are +11.31% over 3 years and +2.70% over 5 years. The fund trailed its US Mid-Cap Growth category average: $100 invested three years ago grew to $138, against $139 for the category, and to $98 over one year, against $110. Volatility over the past three years was 18.65% a year. In the 12 months to Jul 2026 the fund lost a net $60.1M, and assets reached $5.31B.
ATHWX Growth of $100
What $100 invested in Heritage Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | ATHWX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $98 | $110 |
| 3 years (Aug 2023 – Jul 2026) | $138 | $139 |
| 5 years (Aug 2021 – Jul 2026) | $114 | $121 |
| Since data start (Aug 2019 – Jul 2026) | $187 | $189 |
ATHWX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.53% |
| 1 year | −1.94% |
| 3 years (annualised) | +11.31% |
| 5 years (annualised) | +2.70% |
ATHWX Annual Returns
Calendar-year total returns of Heritage Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +2.53% |
| 2025 | +6.11% |
| 2024 | +24.26% |
| 2023 | +19.97% |
| 2022 | −28.50% |
| 2021 | +10.56% |
| 2020 | +41.80% |
| 2019 (Aug–Dec) | +2.79% |
ATHWX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.2% | −0.2% | −6.4% | +7.1% | +5.6% | +2.7% | −5.3% | — | — | — | — | — |
| 2025 | +6.7% | −6.3% | −8.2% | +3.1% | +9.9% | +5.2% | +1.4% | −0.5% | −0.4% | +0.4% | −1.8% | −2.1% |
| 2024 | +0.2% | +9.2% | +2.8% | −5.2% | +1.2% | +2.4% | −0.4% | +3.2% | +2.7% | +0.4% | +12.6% | −5.7% |
| 2023 | +8.3% | −0.5% | +0.8% | −1.9% | +0.6% | +6.5% | +3.0% | −3.2% | −5.0% | −7.1% | +11.3% | +7.3% |
| 2022 | −14.7% | −0.7% | +1.2% | −11.6% | −4.9% | −7.7% | +13.7% | −1.5% | −8.6% | +5.9% | +6.2% | −6.6% |
| 2021 | −0.7% | +4.7% | −3.4% | +5.0% | −3.0% | +6.3% | +3.2% | +0.9% | −5.6% | +8.1% | −4.2% | −0.1% |
| 2020 | +1.5% | −6.7% | −16.0% | +15.9% | +11.5% | +2.3% | +8.1% | +3.1% | −0.2% | +0.4% | +14.6% | +5.6% |
| 2019 | — | — | — | — | — | — | — | −1.6% | −2.1% | +0.6% | +4.8% | +1.3% |
ATHWX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.65%
- 3-year Sharpe ratio: 0.36 (vs 4.5% risk-free rate)
- Best month: +12.58% (Nov 2024)
- Worst month: −8.18% (Mar 2025)
ATHWX Fund Flows
Monthly money in and out of Heritage Fund, from SEC Form N-PORT.
- 12-month net flow: −$60.1M
- 12-month gross sales (incl. reinvestments): $1.4B
- Sales ÷ redemptions: 0.96×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $15.6M | $82.2M | −$66.6M |
| Jun 2026 | $22.9M | $95.1M | −$72.2M |
| May 2026 | $19.8M | $91.9M | −$72.1M |
| Apr 2026 | $22.9M | $82.3M | −$59.5M |
| Mar 2026 | $34.7M | $162.3M | −$127.7M |
| Feb 2026 | $41.1M | $91.4M | −$50.3M |
| Jan 2026 | $52.0M | $100.0M | −$48.0M |
| Dec 2025 | $1.0B | $228.9M | $799.6M |
| Nov 2025 | $34.3M | $60.6M | −$26.2M |
| Oct 2025 | $37.4M | $91.4M | −$54.0M |
| Sep 2025 | $43.9M | $275.0M | −$231.0M |
| Aug 2025 | $41.5M | $93.6M | −$52.1M |
ATHWX Assets Under Management
Net assets of Heritage Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $5.31B |
| 2026-04-30 | $5.37B |
| 2026-01-31 | $5.60B |
| 2025-10-31 | $6.13B |
| 2025-07-31 | $6.48B |
| 2025-04-30 | $5.61B |
| 2025-01-31 | $6.33B |
| 2024-10-31 | $5.88B |
| 2024-07-31 | $5.70B |
| 2024-04-30 | $5.63B |
| 2024-01-31 | $5.43B |
| 2023-10-31 | $4.77B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.