This has changed after years of strong cash flows, excess cash, and the need to appeal to a different investor class. (thecollegeinvestor.com)
You go after stocks that the regular investor class doesn't want or appreciate. (valuestockguide.com)
In the prospectus (pdf) dated 5/1/2018, the Gross Fund Operating Expenses for investor class shares of the Select Value, Value Plus, and Value Funds are 1.23 %, 1.19 %, and 1.09 %, respectively, and the Gross Fund Operating Expenses for institutional class shares of the Select Value, Value Plus, and Value Funds are 1.01 %, 0.97 %, and 0.91 %, respectively. (heartlandadvisors.com)