White Papers

These educational essays offer an analytic look at the investment strategies employed by Heartland. For more information, please contact us. We're here to help.

How a Multi-Cap Value Fund Fits into a Portfolio: Three Approaches, 2/12
We share ideas for incorporating a multi-cap value fund into investment portfolios. Each is potentially relevant depending on how asset allocations are constructed.
Investor Behavior: How Investors' Decisions Can Negatively Affect Returns, 2/12
Research shows that, collectively, equity mutual fund investors' personal portfolios underperform the market in which they are invested.
A Style for all Seasons, 2/12
We analyze the performance of companies utilizing valuation metrics across varying environments to provide a fresh perspective on a classic discipline.
Risk & Return: How Active Management and Non-Correlated Returns can Reduce Risk, 2/12
Actively managed mutual funds can play an instrumental role in portfolio construction.

An Investor's Opportunity to Cover the Bases, 2/12
We challenge the assumption that allocation decisions should be constrained within narrow capitalization ranges.

The statements and opinions expressed in the articles or appearances are those of the author. Any discussion of investments and investment strategies represents the Funds' investments and portfolio managers' views as of the date of the articles, and are subject to change without notice.