David C. Fondrie, CPA, is Senior Vice President and a Portfolio Manager for the Select Value Fund.
He joined Heartland in 1994 as a research analyst focusing on capital equipment, manufacturing and semiconductors. In 2004, he joined the Select Value Fund investment team.
He also previously served as Director of Equity Research from 2001 to 2011, and as CEO of Heartland Funds from May 2006 until May 2012.
Prior to joining Heartland, he held executive positions at Ransomes, Inc. and Casino Resource Corporation. These public company roles provided invaluable experience he draws on today in his role as a portfolio manager.
He also previously was a Senior Manager at Price Waterhouse.
In his spare time, Dave enjoys gourmet cooking, collecting fine wine, fishing and attending University of Wisconsin-Madison Badger football and basketball games.
The Heartland Select Value Fund was honored as #1 in the Multi-Cap Value Fund category for the 10-year period that ended December 31, 2011 (out of 113 funds). It is the sixth consecutive year the Fund has received a Lipper Award over a 3-, 5- or 10-year period.
We believe this achievement demonstrates why the Select Value Fund is a great core holding. Consider adding this Fund to your portfolio today to take advantage of its:
The above individual is a Registered Representative of ALPS Distributors, Inc.
Annually, Lipper, an independent monitor of mutual funds, determines the fund classification winner over 3, 5 and 10 years based on the highest Lipper Leader for Consistent Return value within each eligible classification. Consistent Return reflects funds' historic returns, adjusted for volatility, relative to peers and relies on monthly data.
Lipper does not guarantee the accuracy of this information. Lipper numeric rankings are based on total returns. As of April 30, 2012, the Select Value Fund's Lipper numeric rankings were 18 of 110, 26 of 221, 94 of 251 and 233 of 302 for the 10-, 5-, 3- and 1-year periods, respectively, and the Fund experienced a negative return for the 1-year period. As of December 31, 2011, the Select Value Fund was ranked 16 of 114, 12 of 219, 104 of 263 and 244 of 309 for the 10-, 5-, 3- and 1-year periods, respectively, and the Fund experienced a negative return for the 1-year period.