Heartland Mid Cap Value Fund Institutional Class (HNMDX)
Heartland Mid Cap Value Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $14.75, up 0.48% on the session, giving a market capitalisation of $476.3M. Its beta of 0.76 implies it has historically moved less than the broad market.
The fund's primary objective is to deliver long-term capital appreciation while also generating a modest level of current income. Typically, a minimum of 80% of its net assets are allocated to common stocks and other equity securities of mid-capitalization companies. Its investment approach involves constructing a concentrated portfolio, generally holding between 30 and 60 mid-cap common stocks. These selections are made using a value-based methodology, with Heartland Advisors specifically targeting companies whose market prices are, in their assessment, trading below their intrinsic value.
Heartland Mid Cap Value Fund Institutional Class is most often compared with the following Financial Services names: