As of 3/31/2025 Morningstar Ratings™: The Heartland Mid Cap Value Fund investor class was rated against 389, 366, 282, and 389 U.S.-domiciled Mid-Cap Value funds for the 3-Year, 5-Year, 10-Year and Overall Ratings, respectively and has Morningstar's 3-star rating for 3-Year, 3-star rating for 5-Year, 4-star rating for 10-Year, and 4-star rating for the Overall. The institutional class received 3, 4, 4, 4 stars, respectively.
As of 3/31/2025 Morningstar Ratings™: The Heartland Value Plus Fund investor class was rated against 475, 449, 361, and 475 U.S.-domiciled Small Value funds for the 3-Year, 5-Year, 10-Year and Overall Ratings, respectively and has Morningstar's 1-star rating for 3-Year, 1-star rating for 5-Year, 3-star rating for 10-Year, and 2-star rating for the Overall. The institutional class received 1, 1, 3, 2 stars, respectively.
As of 3/31/2025 Morningstar Ratings™: The Heartland Value Fund investor class was rated against 475, 449, 361, and 475 U.S.-domiciled Small Value funds for the 3-Year, 5-Year, 10-Year and Overall Ratings, respectively and has Morningstar's 5-star rating for 3-Year, 4-star rating for 5-Year, 3-star rating for 10-Year, and 4-star rating for the Overall. The institutional class received 5, 4, 3, 4 stars, respectively.