Heartland Advisors

Tax Information

This information is provided to assist in preparing income tax returns. Contact your Heartland Relationship Manager with questions about your account, taxable distributions, or cost basis.

2018 Capital Gain Distribution Estimates

  • Investor Class
  • Institutional Class
 

Select Value
(HRSVX) 

Mid Cap
Value
(HRMDX)

Value Plus
(HRVIX)

Value
(HRTVX)

International
Value*
(HINVX)
Record
Date		 12/27/2018 12/27/2018 12/27/2018 12/27/2018 10/22/2018
Payable
Date		 12/28/2018 12/28/2018 12/28/2018 12/28/2018 10/23/2018
Short-Term
Capital Gain
($/share)		 0.10-0.25 0.20-0.50 - 0.20-0.40 -
Long-Term
Capital Gain
($/share)		 3.30-3.85 0.40-0.90 - 1.85-2.25 -
Ordinary
Dividend
($/share)		 TBD TBD TBD TBD 0.38443

 

 

Select Value
(HNSVX) 

Mid Cap
Value
(HNMDX)

Value Plus
(HNVIX)

Value
(HNTVX)

International
Value*
(HNNVX)
Record
Date		 12/27/2018 12/27/2018 12/27/2018 12/27/2018 10/22/2018
Payable
Date		 12/28/2018 12/28/2018 12/28/2018 12/28/2018 10/23/2018
Short-Term
Capital Gain
($/share)		 0.10-0.25 0.20-0.50 - 0.20-0.40 -
Long-Term
Capital Gain
($/share)		 3.30-3.85 0.40-0.90 - 1.85-2.25 -
Ordinary
Dividend
($/share)		 TBD TBD TBD TBD 0.42678

 

*International Value Fund distributions are final. See prospectus (pdf) for additional information.

2018 Distributions Calendar

 

Select Value

Mid Cap Value

Value Plus

Value

International Value
Record Date 12/27/2018 12/27/2018 12/27/2018 12/27/2018 10/22/2018*
Payable Date 12/28/2018 12/28/2018 12/28/2018 12/28/2018 10/23/2018*

*See prospectus (pdf) for additional information.

2019 Distributions Calendar

 

Select Value

Mid Cap Value

Value Plus

Value
Record Date 12/26/2019 12/26/2019 12/26/2019 12/26/2019
Payable Date 12/27/2019 12/27/2019 12/27/2019 12/27/2019

 

Form 1099-DIV Information

Taxable ordinary income, qualified dividends, and capital gains distributions are reported on Form 1099-DIV. Forms 1099-DIVs will be mailed by January 31, 2019. You will not receive a Form 1099-DIV if your distributions are less than $10.

Distributions are taxable whether you receive them in cash or have them reinvested in your account. Short-term capital gains are subject to ordinary income tax rates and will be treated as ordinary dividends on your tax returns.

Percentage of Income Derived from U.S. Government Securities

Some mutual funds invest in securities issued by the U.S. government or other federal agencies. Interest on these securities is exempt from state taxation. Certain states also exempt the dividend income a shareholder receives from a fund’s investment in U.S. government securities.

California, Connecticut, and New York require a mutual fund to maintain certain minimum investments in U.S. government securities in order for the dividend income to be exempt from state income tax.

For 2017 tax returns filed in 2018, the percentage for each Fund is 0%.

Income Derived from Foreign Sources

During 2017, the Heartland International Value Fund earned income from foreign sources. The amount of foreign source income is calculated as a percentage of the ordinary dividend shown in Box 1 of Form 1099-DIV. For 2017 tax returns filed in 2018, the percentage to apply is 98.88%.

Cost Basis Reporting

Federal regulations require mutual funds to track and report to the IRS cost basis for shares purchased in taxable accounts on or after January 1, 2012. Generally, these shares are considered "covered shares." Shares purchased before January 1, 2012 are "noncovered shares."

If you purchased shares prior to January 1, 2012, Heartland maintains separate cost basis calculations:


Covered Shares
Noncovered Shares
PurchasedAfter January 1, 2012
Before January 1, 2012
How Heartland Calculates Cost BasisAverage cost method
Average cost method
How Shares are RedeemedFirst in, first out
First in, first out
Changing Cost Basis ElectionSee instructions to change your cost basis election
Not available

Form 1099-B

For regular taxable accounts, Heartland provides a Form 1099-B reporting the cost basis of any noncovered and covered shares.

The cost basis information for covered shares will be reported to the IRS, and you are required to use the information when preparing your individual tax return.

The cost basis information provided for noncovered shares is not required and is offered as a courtesy.

Historical Distributions Information

Distributions are paid per share to anyone who is a shareholder on the record date, regardless of how long they have been invested. On the payable date, the share price of the Fund will be reduced by the amount of the distribution, and distributions will be paid as of market close.

Distributions are automatically reinvested unless you change your dividend distribution election.

Select Value Fund

  • Investor Class
  • Institutional Class
Record
Date		 Payable
Date		                     Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.42327 - 3.47325
12/28/2016 12/29/2016   0.32901 - 3.55079
12/28/2015 12/29/2015   0.29471 - 2.69596
12/29/2014 12/30/2014   0.13505 - 3.73090
12/26/2013 12/27/2013   0.12467 0.40227 5.04691
12/26/2012 12/27/2012   0.13263 - 1.00166
12/28/2011 12/29/2011   0.128132 - 0.293044
12/28/2010 12/29/2010   0.157125 - -
12/28/2009 12/29/2009   0.141912 - -
12/26/2008 12/29/2008   0.131279 - -
  3/28/2008   3/31/2008   0.000424 - -
12/26/2007 12/27/2007   0.172824 0.187278 2.233630

 

Record
Date		 Payable
Date		                  Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.50149 - 3.47325
12/28/2016 12/29/2016   0.40396 - 3.55079
12/28/2015 12/29/2015   0.37470 - 2.69596
12/29/2014 12/30/2014   0.25584 - 3.73090
12/26/2013 12/27/2013   0.25238 0.40227 5.04691
12/26/2012 12/27/2012   0.24740 - 1.00166
12/28/2011 12/29/2011   0.226517 - 0.293044
12/28/2010 12/29/2010   0.227143 - -
12/28/2009 12/29/2009   0.205304 - -
12/26/2008 12/29/2008   0.204619 - -

 

Mid Cap Value Fund

  • Investor Class
  • Institutional Class
Record
Date		 Payable
Date		              Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.09048 0.19499 0.50601
12/28/2016 12/29/2016   0.08174 - -
12/28/2015 12/29/2015   0.06589 0.09823 0.00205
12/29/2014 12/30/2014   0.03173 - -

 

Record
Date		 Payable
Date		              Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.12172 0.19499 0.50601
12/28/2016 12/29/2016   0.08442 - -
12/28/2015 12/29/2015   0.12479 0.09823 0.00205
12/29/2014 12/30/2014   0.02329 - -

 

Value Plus Fund

  • Investor Class
  • Institutional Class
Record
Date		 Payable
Date		     Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.04556 - -
12/28/2016 12/29/2016   0.19593 - -
12/28/2015 12/29/2015   0.20797 - 1.90702
12/29/2014 12/30/2014   0.06825 0.30014 2.84734
12/26/2013 12/27/2013   0.16431 0.54157 3.30825
12/26/2012 12/27/2012   0.35668 0.20864 0.60760
12/28/2011 12/29/2011   0.183006 - 0.319936
12/30/2010 12/31/2010   0.078769 - -
12/28/2010 12/29/2010   - - 0.160541
  3/30/2010   3/31/2010   0.019995 - -
  3/30/2010   3/31/2010   0.001223 - -
12/30/2009 12/31/2009   0.081006 - -
  9/29/2009   9/30/2009   0.016893 - -
  6/29/2009   6/30/2009   0.013335 - -
  3/30/2009   3/31/2009   0.074305 - -
  9/29/2008   9/30/2008   0.023100 - -
  6/27/2008   6/230/2008   0.031991 - -
  3/28/2008   3/31/2008   0.048473 - -
12/26/2007 12/27/2007   - 0.366103 3.707176
  9/27/2007   9/28/2007   0.218534 0.213593 0.602828
  6/28/2007   6/29/2007   0.047600 - -
  3/29/2007   3/30/2007   0.154655 - -

 

Record
Date		 Payable
Date		    Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.12164 - -
12/28/2016 12/29/2016   0.22625 - -
12/28/2015 12/29/2015   0.31363 - 1.90702
12/29/2014 12/30/2014   0.18133 0.30014 2.84734
12/26/2013 12/27/2013   0.28097 0.54157 3.30825
12/26/2012 12/27/2012   0.45243 0.20864 0.60760
12/28/2011 12/29/2011   0.284872 - 0.319936
12/30/2010 12/31/2010   0.138722 - -
12/28/2010 12/29/2010   - - 0.160541
  3/30/2010   3/31/2010   0.032692 - -
  3/30/2010   3/31/2010   0.013036 - -
12/30/2009 12/31/2009   0.093645 - -
  9/29/2009   9/30/2009   0.026711 - -
  6/29/2009   6/30/2009   0.022818 - -
  3/30/2009   3/31/2009   0.118031 - -
  9/29/2008   9/30/2008   0.038800 - -
  6/27/2008   6/30/2008   0.039712 - -

 

Value Fund

  • Investor Class
  • Institutional Class
Record
Date		 Payable
Date		     Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.04117 - 2.60800
12/28/2016 12/29/2016   - - 1.43802
12/28/2015 12/29/2015   0.13994 - 2.82914
12/29/2014 12/30/2014   0.22288 1.11429 4.12240
12/26/2013 12/27/2013   0.42958 1.17103 3.98433
12/26/2012 12/27/2012   - 0.17740 2.74405
12/28/2011 12/29/2011   - 0.675954 1.798273
12/28/2010 12/29/2010   - 0.058470 -
  3/28/2008   3/31/2008   - - 0.084234
12/26/2007 12/27/2007   0.239182 0.710262 5.923943

No distributions were paid in 2009.
 

Record
Date		 Payable
Date		     Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
12/27/2017 12/28/2017   0.12267 - 2.60800
12/28/2016 12/29/2016   - - 1.43802
12/28/2015 12/29/2015   0.20977 - 2.82914
12/29/2014 12/30/2014   0.30599 1.11429 4.12240
12/26/2013 12/27/2013   0.50608 1.17103 3.98433
12/26/2012 12/27/2012   - 0.17740 2.74405
12/28/2011 12/29/2011   - 0.675954 1.798273
12/28/2010 12/29/2010   - 0.058470 -

No distributions were paid in 2008 and 2009.
 

International Value Fund

  • Investor Class
  • Institutional Class
Record
Date		 Payable
Date		                  Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
10/22/2018 10/23/2018   0.38443 - -
12/27/2017 12/28/2017   0.09617 - -
12/28/2016 12/29/2016   0.13541 - -
12/28/2015 12/29/2015   0.05090 - 0.08892
12/29/2014 12/23/2014   0.65792 - 0.11684
12/26/2013 12/27/2013   0.48676 - -
12/26/2012 12/27/2012   0.17798 - -
12/26/2011 12/28/2011   0.03972 - -

 

Record
Date		 Payable
Date		                  Ordinary Dividend
($/share)		 Short-Term Capital
Gain ($/share)		 Long-Term Capital
Gain ($/share)
10/22/2018 10/23/2018   0.42678 - -
12/27/2017 12/28/2017   0.12896 - -

 

©2018 Heartland Advisors | 789 N. Water Street, Suite 500, Milwaukee, WI 53202 | Business Office: 414-347-7777 | Financial Professionals: 888-505-5180 | Individual Investors: 800-432-7856

The above individuals are registered representatives of ALPS Distributors, Inc.

The Heartland Funds are distributed by ALPS Distributors, Inc.

Neither Heartland nor any of its representatives may give legal or tax advice. For guidance on a specific situation, investors should consult their tax adviser or legal counsel.

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