Fund Commentary

Please wait while we gather your results.
12/31/16
Heartland Select Value Fund Portfolio Manager Commentary

Heartland Select Value Fund 4Q16 Portfolio Manager Commentary

Security selection was strong in several sectors and helped the Fund outpace its benchmark.

12/31/16
Heartland Mid Cap Value Fund Portfolio Manager Commentary

Heartland Mid Cap Value Fund 4Q16 Portfolio Manager Commentary

A bullish tone benefited economically sensitive sectors, and the major indexes hit new highs.

12/31/16
Heartland Value Plus Fund Portfolio Manager Commentary

Heartland Value Plus Fund 4Q16 Portfolio Manager Commentary

Economic optimism purred by Presidential election results, and Fed tightening drove the markets higher.

12/31/16
Heartland Value Fund Portfolio Manager Commentary

Heartland Value Fund 4Q16 Portfolio Manager Commentary

Optimism sparked by the election results pushed markets to new highs.

12/31/16
Heartland International Value Fund Portfolio Manager Commentary

Heartland International Value Fund 4Q16 Portfolio Manager Commentary

A new wave of volatility washed over global markets as macro events once again took center stage.

Archive

Please wait while we gather your results.
9/30/16

Heartland Select Value Fund 3Q16 Portfolio Manager Commentary

Investors showed increased optimism toward growth in the U.S. and globally, yet sought to hedge against unexpected bumps that may lie on the horizon.

9/30/16

Heartland Mid Cap Value Fund 3Q16 Portfolio Manager Commentary

A brightened outlook for growth prospects in the U.S. and globally caused economically sensitive areas to benefit the most.

9/30/16

Heartland Value Plus Fund 3Q16 Portfolio Manager Commentary

Investors continued to bid up stocks in the hopes that the economy would accelerate in 2017.

9/30/16

Heartland Value Fund 3Q16 Portfolio Manager Commentary

Attractively valued stocks continued their resurgence and smaller names joined the move higher.

9/30/16

Heartland International Value Fund 3Q16 Portfolio Manager Commentary

Global markets enjoyed a break from heightened uncertainty created by macro events.

6/30/16

Heartland Select Value Fund 2Q16 Portfolio Manager Commentary

The Fund benefited from strong performance by holdings in Financials and Utilities, but lagged its benchmark.

6/30/16

Heartland Mid Cap Value Fund 2Q16 Portfolio Manager Commentary

Broadening strength highlighted another step in the rotation away from a market driven by dollar strength, deflation worries, and low interest rates. The new outlook benefited the Mid Cap Value Fund and it outperformed.

6/30/16

Heartland Value Plus Fund 2Q16 Portfolio Manager Commentary

Mixed economic data and uncertainty over Fed action led to continued volatility and a lack of clear direction for the markets.

6/30/16

Heartland Value Fund 2Q16 Portfolio Manager Commentary

Valuation focused investors received a double dose of good news this quarter: Market breadth expanded and small-cap value stocks outpaced growth.

6/30/16

Heartland International Value Fund 2Q16 Portfolio Manager Commentary

Political and economic events are injecting heightened volatility in global markets, and we expect more of the same in the months ahead.

3/31/16

Heartland Select Value Fund 1Q16 Portfolio Manager Commentary

The Fund benefited from our holdings in Information Technology, but weakness in economically sensitive areas caused it to lag its benchmark.

3/31/16

Heartland Mid Cap Value Fund 1Q16 Portfolio Manager Commentary

While holdings in Health Care and Information Technology outperformed, the Fund lagged its benchmark.

3/31/16

Heartland Value Plus Fund 1Q16 Portfolio Manager Commentary

Strong performance in Consumer Discretionary and Financials couldn’t overcome weakness in Industrials and Materials, and the Fund lagged its benchmark.

3/31/16

Heartland Value Fund 1Q16 Portfolio Manager Commentary

Strong stock selection in Materials and positive allocation decisions in several sectors wasn’t enough to beat the benchmark.

3/31/16

Heartland International Value Fund 1Q16 Portfolio Manager Commentary

Strength in Emerging Markets couldn’t overcome weakness elsewhere and the Fund lagged its benchmark.

Email Sign Up

  • I am a financial professional or institutional investor
  • I am an individual investor
Financial Professionals & Institutional Investors
Individual Investors

Name

Email

 

Heartland Perspectives

Heartland Perspectives


Product Insights

Select Value Fund

Mid Cap Value Fund

Value Plus Fund

Value Fund

International Value Fund

Opportunistic Value Equity Strategy

Mid Cap Value Strategy

Small Cap Value Plus Strategy

Small Cap Value Strategy

Terms of Use
These email lists are created for use by U.S. investment professionals only and are published strictly for informational purposes. Providing access to the content of these emails does not explicitly or implicitly constitute a solicitation of services or products of Heartland Advisors, Heartland Funds, or any of their affiliates. The information contained in these emails is not intended for distribution to, or for use by, investment professionals in a jurisdiction where distribution or purchase is not authorized. The information contained in these emails is not appropriate for use by individual investors. By registering for any of these emails, you agree to Heartland’s terms and conditions and that you are qualified as an institutional investor or otherwise member of a registered broker/dealer, registered investment advisor, or investment consulting firm.
I agree to the Terms of Use and confirm that I am a financial professional

Monthly enews

©2017 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

View detailed Fund performance as of the most recent quarter and month end

Past performance does not guarantee future results.

An investor should consider the Funds’ investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information may be found in the prospectus (pdf). To obtain a print prospectus, call 800-432-7856. Please read the prospectus carefully before investing.

In addition to stocks of large companies, the Funds invest in small- and mid-sized companies that are generally less liquid and more volatile than large companies. The Select Value, Mid Cap Fund, and Value Plus Funds invest in a smaller number of stocks (generally 40 to 60, 30 to 60, and 40 to 70, respectively) than the average mutual fund. The performance of these holdings generally will increase the volatility of the Funds’ returns. The International Value Fund invests in foreign securities which have additional risks, including but not limited to, exchange rate changes, political and economic upheaval, and relatively low market liquidity. These risks are magnified in emerging markets. There can be no assurance that the Mid Cap Value Fund will grow to or maintain an economically viable size, in which case the Board of Directors may determine to liquidate the Fund.

Value investments are subject to the risk that their intrinsic value may not be recognized by the broad market.

Sector and industry classifications as determined by Heartland Advisors may reference data from sources such as FactSet Research Systems, Inc. or the Global Industry Classification Codes (GICS) developed by Standard & Poor’s and Morgan Stanley Capital International.

The statements and opinions expressed in the articles or appearances are those of the presenter. Any discussion of investments and investment strategies represents the presenters' views as of the date created and are subject to change without notice. The opinions expressed are for general information only and are not intended to provide specific advice or recommendations for any individual. Any forecasts may not prove to be true.

Heartland’s investing glossary provides definitions for several terms used on this page.

The Heartland Funds are distributed by ALPS Distributors, Inc.

top