Heartland Select Value Investor
Name
As of 10/16/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-15.5%
1 yr return
-11.9%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
6.0%
Net Assets
$135 M
Holdings in Top 10
34.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/16/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HRSVX - Profile
Distributions
- YTD Total Return -15.5%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return 6.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.90%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameHeartland Select Value Fund
-
Fund Family NameHeartland
-
Inception DateOct 11, 1996
-
Shares Outstanding5214237
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWill Nasgovitz
Fund Description
HRSVX - Performance
Return Ranking - Trailing
Period | HRSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -15.5% | -34.1% | 250.4% | 86.51% |
1 Yr | -11.9% | -28.2% | 22.1% | 92.70% |
3 Yr | -0.2%* | -10.2% | 12.3% | 82.27% |
5 Yr | 6.0%* | -2.8% | 16.0% | 71.09% |
10 Yr | 7.3%* | 3.7% | 12.9% | 90.08% |
* Annualized
Return Ranking - Calendar
Period | HRSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.4% | -32.1% | 76.3% | 85.80% |
2022 | -19.3% | -62.4% | 16.7% | 73.77% |
2021 | -1.2% | -72.0% | 37.9% | 94.32% |
2020 | 5.0% | -61.4% | 31.0% | 87.58% |
2019 | -13.5% | -47.3% | 4.6% | 80.95% |
Total Return Ranking - Trailing
Period | HRSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -15.5% | -34.1% | 250.4% | 86.18% |
1 Yr | -11.9% | -28.2% | 22.1% | 88.58% |
3 Yr | -0.2%* | -11.0% | 12.3% | 79.35% |
5 Yr | 6.0%* | -3.1% | 16.0% | 68.35% |
10 Yr | 7.3%* | 3.7% | 12.9% | 89.02% |
* Annualized
Total Return Ranking - Calendar
Period | HRSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.4% | -32.1% | 76.3% | 85.97% |
2022 | -4.7% | -37.1% | 17.4% | 6.43% |
2021 | 12.5% | -9.5% | 37.9% | 69.16% |
2020 | 19.2% | -27.9% | 32.2% | 8.72% |
2019 | -4.1% | -28.9% | 4.6% | 43.17% |
NAV & Total Return History
HRSVX - Holdings
Concentration Analysis
HRSVX | Category Low | Category High | HRSVX % Rank | |
---|---|---|---|---|
Net Assets | 135 M | 390 K | 82.7 B | 78.32% |
Number of Holdings | 52 | 1 | 1643 | 75.73% |
Net Assets in Top 10 | 48.5 M | 68.9 K | 20.4 B | 74.51% |
Weighting of Top 10 | 34.63% | 5.4% | 100.0% | 23.65% |
Top 10 Holdings
- Berkshire Hathaway Inc Class B 4.46%
- Johnson & Johnson 3.94%
- Cisco Systems Inc 3.66%
- Verizon Communications Inc 3.51%
- Exelon Corp 3.42%
- Unilever NV ADR 3.27%
- Charles Schwab Corp 3.25%
- Cal-Maine Foods Inc 3.11%
- Alphabet Inc A 3.10%
- Skyworks Solutions Inc 2.92%
Asset Allocation
Weighting | Return Low | Return High | HRSVX % Rank | |
---|---|---|---|---|
Stocks | 98.69% | 10.12% | 147.71% | 47.81% |
Cash | 1.30% | -129.21% | 89.88% | 45.45% |
Preferred Stocks | 0.00% | 0.00% | 18.70% | 45.54% |
Other | 0.00% | -3.00% | 90.90% | 43.67% |
Convertible Bonds | 0.00% | 0.00% | 9.42% | 42.78% |
Bonds | 0.00% | 0.00% | 41.02% | 44.32% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HRSVX % Rank | |
---|---|---|---|---|
Financial Services | 21.54% | 0.00% | 61.01% | 23.98% |
Industrials | 15.19% | 0.00% | 47.37% | 16.64% |
Healthcare | 14.58% | 0.00% | 31.61% | 58.56% |
Technology | 10.02% | 0.00% | 54.02% | 65.25% |
Consumer Defense | 9.67% | 0.00% | 31.06% | 41.84% |
Communication Services | 6.69% | 0.00% | 23.33% | 58.40% |
Consumer Cyclical | 5.52% | 0.00% | 30.80% | 70.72% |
Basic Materials | 5.09% | 0.00% | 23.60% | 18.84% |
Energy | 4.74% | 0.00% | 24.13% | 35.64% |
Real Estate | 3.50% | 0.00% | 88.59% | 36.38% |
Utilities | 3.46% | 0.00% | 45.51% | 67.37% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HRSVX % Rank | |
---|---|---|---|---|
US | 87.06% | 10.12% | 146.42% | 77.60% |
Non US | 11.63% | -0.14% | 37.07% | 14.04% |
HRSVX - Expenses
Operational Fees
HRSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.01% | 19.26% | 31.01% |
Management Fee | 0.75% | 0.00% | 1.50% | 83.78% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 37.86% |
Administrative Fee | N/A | 0.01% | 0.50% | 9.73% |
Sales Fees
HRSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
HRSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 21.92% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HRSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 54.00% | 0.00% | 481.00% | 63.17% |
HRSVX - Distributions
Dividend Yield Analysis
HRSVX | Category Low | Category High | HRSVX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.02% | 0.00% | 23.79% | 47.17% |
Dividend Distribution Analysis
HRSVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
HRSVX | Category Low | Category High | HRSVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.90% | -1.51% | 5.26% | 91.74% |
Capital Gain Distribution Analysis
HRSVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2018 | $0.325 | |
Dec 28, 2017 | $0.423 | |
Dec 29, 2016 | $0.329 | |
Dec 29, 2015 | $0.295 | |
Dec 30, 2014 | $0.135 | |
Dec 27, 2013 | $0.125 | |
Dec 27, 2012 | $0.133 | |
Dec 29, 2010 | $0.157 | |
Dec 29, 2009 | $0.142 | |
Dec 29, 2008 | $0.131 | |
Mar 31, 2008 | $0.004 | |
Dec 23, 2003 | $0.013 | |
Dec 20, 2002 | $0.033 | |
Mar 30, 2001 | $0.015 | |
Dec 19, 2000 | $0.136 | |
Dec 21, 1999 | $0.163 | |
Mar 31, 1999 | $0.004 | |
Dec 29, 1997 | $0.108 |
HRSVX - Fund Manager Analysis
Managers
Will Nasgovitz
Start Date
Tenure
Tenure Rank
May 01, 2006
14.43
14.4%
Will Nasgovitz is CEO of Heartland Advisors and the Heartland Funds. He is Portfolio Manager for the Select Value, Mid Cap Value, and Value Funds and their corresponding Opportunistic Value Equity, Mid Cap Value, and Small Cap Value Strategies. He is also President and Director of Heartland Funds. He began at Heartland Advisors in 2003 as a Research Associate and became Portfolio Manager in 2006 of the Select Value Fund, a Lipper Award winner for six consecutive years from 2007 to 2012. He added portfolio management responsibility for the Mid Cap Value Fund in 2015. He also returned to the Value Fund in 2019 as a Portfolio Manager, having previously co-managed from 2009 to 2013. Prior to joining the Firm, Nasgovitz was a Senior Research Associate at Cambridge Associates. Nasgovitz often shares his value investing market perspective with the national financial media, including Bloomberg, MarketWatch, TheStreet, and CNBC. He graduated from the University of Wisconsin-Madison with a bachelor’s in business in 2000.
Colin McWey
Start Date
Tenure
Tenure Rank
Feb 05, 2015
5.65
5.7%
McWey began at Heartland in 2009 as a Research Analyst. He assumed portfolio management responsibilities in 2010. He has been Lead Manager of the Mid Cap Value Strategy since January 2013 and became Lead Manager of its corresponding Fund at the Fund’s inception in October 2014. He was named co-Portfolio Manager of the Select Value Fund and its corresponding Strategy in 2015. Prior to joining Heartland, McWey worked in several capacities at Bank of America’s investment banking subsidiary, Banc of America Securities. He developed expertise in the fixed income markets and corporate finance, along with the Health Care and Financials sectors. His most recent position at Bank of America was Vice President of Debt Capital Markets, in which he was responsible for the origination and execution of public debt and hybrid capital securities offerings. He graduated from Vanderbilt University in 2001 with a bachelor’s in economics and history.
Troy McGlone
Start Date
Tenure
Tenure Rank
Jan 01, 2020
0.75
0.8%
Troy McGlone, CFA, is Vice President and Co-Portfolio Manager for the Select Value Fund and its corresponding Opportunistic Value Equity Strategy. He was a Research Intern during the summer of 2013, joined the Investment Team full-time in 2014, and was promoted to his current role in 2019. Previously, McGlone was a Portfolio Finance Analyst for five years at Stark Investments, an alternative investment firm. He initially joined Stark as a Securities Lending Analyst. He earned a Master of Business Administration in Applied Securities Analysis at the University of Wisconsin-Madison in 2014. His bachelor’s in finance was earned at the University of Wisconsin-Milwaukee in 2006.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 84.93 | 7.16 | 5.05 |