HNTVX Performance — Heartland Value Fund, Institutional Class
Data updated: 2026-08-21
HNTVX returned +25.75% year to date and +42.06% over one year to Jun 2026. Annualised returns are +23.25% over 3 years and +13.16% over 5 years. The fund beat its US Small Value category average: $100 invested three years ago grew to $187, against $153 for the category, and to $142 over one year, against $131. Volatility over the past three years was 18.14% a year. In the 12 months to Jun 2026 the fund took in a net $127.8M, and assets reached $1.17B.
HNTVX Growth of $100
What $100 invested in Heartland Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | HNTVX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $142 | $131 |
| 3 years (Jul 2023 – Jun 2026) | $187 | $153 |
| 5 years (Jul 2021 – Jun 2026) | $186 | $149 |
| Since data start (Jul 2019 – Jun 2026) | $256 | $213 |
HNTVX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +25.75% |
| 1 year | +42.06% |
| 3 years (annualised) | +23.25% |
| 5 years (annualised) | +13.16% |
HNTVX Annual Returns
Calendar-year total returns of Heartland Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +25.75% |
| 2025 | +16.16% |
| 2024 | +15.86% |
| 2023 | +17.33% |
| 2022 | −9.90% |
| 2021 | +21.96% |
| 2020 | +13.32% |
| 2019 (Jul–Dec) | +3.73% |
HNTVX 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 | +7.8% | +5.2% | −5.3% | +10.0% | +1.1% | +5.3% | — | — | — | — | — | — |
| 2025 | +1.9% | −2.6% | −4.8% | −3.8% | +7.4% | +5.4% | +0.3% | +8.7% | +1.0% | −3.0% | +3.1% | +2.6% |
| 2024 | −3.8% | +3.5% | +7.1% | −5.5% | +3.6% | −1.0% | +10.6% | −1.3% | +0.6% | −0.5% | +10.5% | −7.2% |
| 2023 | +9.1% | −1.5% | −4.4% | −0.6% | −3.1% | +7.2% | +5.1% | −1.4% | −4.5% | −4.5% | +6.5% | +9.9% |
| 2022 | −4.6% | +1.5% | +0.5% | −7.3% | +3.2% | −7.8% | +8.3% | −2.6% | −9.0% | +10.0% | +3.7% | −4.1% |
| 2021 | +2.8% | +6.9% | +2.6% | +3.6% | +2.7% | −2.0% | −1.1% | +1.1% | −2.9% | +5.5% | −3.2% | +4.7% |
| 2020 | −3.1% | −9.8% | −26.1% | +17.5% | +7.0% | +3.8% | +4.5% | +6.7% | −4.3% | +1.1% | +15.1% | +8.3% |
| 2019 | — | — | — | — | — | — | −0.7% | −4.8% | +2.3% | +1.2% | +3.0% | +2.9% |
HNTVX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.14%
- 3-year Sharpe ratio: 1.03 (vs 4.5% risk-free rate)
- Best month: +10.63% (Jul 2024)
- Worst month: −7.17% (Dec 2024)
HNTVX Fund Flows
Monthly money in and out of Heartland Value Fund, from SEC Form N-PORT.
- 12-month net flow: $127.8M
- 12-month gross sales (incl. reinvestments): $224.9M
- Sales ÷ redemptions: 2.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $23.6M | $9.4M | $14.2M |
| May 2026 | $18.5M | $9.5M | $9.0M |
| Apr 2026 | $14.5M | $8.5M | $6.0M |
| Mar 2026 | $28.2M | $9.8M | $18.4M |
| Feb 2026 | $7.8M | $7.1M | $780K |
| Jan 2026 | $9.4M | $7.7M | $1.7M |
| Dec 2025 | $94.4M | $13.9M | $80.4M |
| Nov 2025 | $2.6M | $6.1M | −$3.6M |
| Oct 2025 | $5.1M | $5.4M | −$304K |
| Sep 2025 | $4.7M | $6.6M | −$1.9M |
| Aug 2025 | $11.3M | $5.9M | $5.4M |
| Jul 2025 | $4.8M | $7.2M | −$2.4M |
HNTVX Assets Under Management
Net assets of Heartland Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.17B |
| 2026-03-31 | $973.03M |
| 2025-12-31 | $886.83M |
| 2025-09-30 | $862.81M |
| 2025-06-30 | $783.30M |
| 2025-03-31 | $726.32M |
| 2024-12-31 | $770.14M |
| 2024-09-30 | $766.78M |
| 2024-06-30 | $706.57M |
| 2024-03-31 | $740.73M |
| 2023-12-31 | $707.07M |
| 2023-09-30 | $647.38M |
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.