The firm's lasting product shelf is its strength. Its five-year risk-adjusted success ratio of 100% means that 100% of its strategies have both survived and beaten their respective category median on a risk-adjusted basis. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. A sign of strength at Heartland is its longest-tenured management, which boasts 22 years of average asset-weighted tenure at the firm. This wealth of experience builds confidence that the group can navigate a variety of market environments adeptly. Heartland has faced above-average manager turnover in the past five years. This is a concern, as long-term stability tends to support positive results.
Heartland's track record as a steward is mixed, leading to an Average Parent Pillar rating.