Investment Team

  • Organizational Structure
  • Investment Professionals
  • Trading Professionals
  • Investing Perspectives

Heartland Advisors Value Investing Team IconThe Investment Team includes portfolio managers, research analysts, and traders. The Team applies Heartland’s value investing philosophy and disciplined investment process, the 10 Principles of Value Investing™, to manage the four domestic and one international Heartland Funds and four separately managed account strategies.

The team collectively has more than 225 years of industry experience, with almost 160 of those years obtained at Heartland, as of December 31, 2018.

Portfolio managers and research analysts work side-by-side to apply a bottom-up approach that combines traditional fundamental analysis and meetings with management, competitors, and end clients of the businesses we consider for investment. Collaboration allows the Investment Team to cross-cover sectors and companies, generate a significant amount of internal research, and challenge investment ideas from multiple perspectives.

We believe the Investment Team’s interests are aligned with our clients because the Team, along with other Heartland team members, collectively owned about $22 million in the Heartland Funds as of December 31, 2018.

Organizational Structure


Heartland Advisors Value Investing Portfolio Management Team Org Chart

Please wait while we gather your results.

Investment Professionals

Heartland Advisors Value Investing Portfolio Manager Bradford A. Evans

Bradford A. Evans

Evans, CFA, is Senior Vice President and Portfolio Manager of the Value Plus Fund and its corresponding separately managed account strategy. He has 22 years of industry experience, 19 at Heartland.

Heartland Advisors Value Investing Research Analyst Andrew Fleming

Andrew J. Fleming

Fleming, CFA, is Vice President and Portfolio Manager of the Value Plus Fund and its corresponding separately managed account strategy. He has 9 years of industry experience, 6 at Heartland.

Heartland Advisors Value Investing Research Analyst Troy McGlone

Troy McGlone

McGlone, CFA, is a Research Analyst. He has 10 years of industry experience, 4 at Heartland.

Heartland Advisors Value Investing Portfolio Manager Colin McWey

Colin McWey

McWey, CFA, is Vice President and Portfolio Manager of the Select Value and Mid Cap Value Funds and their corresponding separately managed account strategies. He has 16 years of industry experience, 9 at Heartland.

Heartland Advisors Value Investing Research Analyst Eric Miller

Eric Miller

Miller is Vice President and Portfolio Manager of the Heartland Value Fund and its corresponding separately managed account strategy. He has 25 years of industry experience, 15 at Heartland.

Heartland Advisors Value Investing Portfolio Manager Bill Nasgovitz

Bill Nasgovitz

Nasgovitz is Chairman and Portfolio Manager of the Value Fund and its corresponding separately managed account strategy. He also is President and Director of Heartland Funds. He has 50 years of industry experience, 36 at Heartland.

Heartland Advisors Value Investing Portfolio Manager Will Nasgovitz

Will Nasgovitz

Nasgovitz is CEO and Portfolio Manager of the Select Value and Mid Cap Value Funds and their corresponding separately managed account strategies. He also is CEO of Heartland Funds. He has 18 years of industry experience, 15 at Heartland.

Heartland Advisors Value Investing Research Analyst Nathaniel Penn

Nathaniel Penn

Penn* is a Research Analyst. He has 3 years of industry experience, all at Heartland.

Please wait while we gather your results.

Trading Professionals

Heartland Advisors Value Investing Equity Trading Team Kevin Clark

Kevin D. Clark

Clark is Senior Vice President of Equity Trading. He has 34 years of industry experience, 25 at Heartland.

Heartland Advisors Value Investing Equity Trading Team Matthew Miner

Matthew Miner

Miner, CFA, is Vice President, Chief Risk Officer, and Director of Trading. He has 27 years of industry experience, 22 at Heartland.

Please wait while we gather your results.

Investing Perspectives

PM Perspective
3/19
Heartland Value Fund Portfolio Manager Bill Nasgovitz

How Micro-Caps Add Value to a Small-Cap Value Strategy

Micro-caps can be an overlooked source of opportunities in a small-cap strategy. Portfolio Manager Bill Nasgovitz explores the advantages and our approach to the group.

Press Release
3/12/19
Heartland Mid Cap Value Fund Portfolio Manager Colin McWey

PM Colin McWey a Finalist for 2019 ‘Rising Stars’ Awards

The 2019 Mutual Fund Industry Awards are sponsored by Fund Intelligence.

Press Release
2/27/19
Heartland Advisors Mid Cap Value and Opportunistic Value Strategies Portfolio Management Team

Mid Cap, Opportunistic Strategies Receive ‘Top Guns’ Recognition

Two Heartland Strategies honored for performance relative to peers.

Heartland in the News
2/21/19
Heartland Advisors Value Investing Portfolio Manager Colin McWey

Where Quality is On Sale: PM Offers Views to U.S. News

Colin McWey, CFA, offers insights on some high-quality businesses trading at discounts.

Heartland in the News
2/20/19
Heartland Advisors Value Investing Portfolio Manager Will Nasgovitz

MarketWatch Highlights Heartland CEO’s $3 Trillion Warning

Will Nasgovitz looks at how the surge in corporate debt coming due could impact the market.

Water & Wells
2/19/19
Heartland Advisors Value Investing Portfolio Manager Will Nasgovitz

A $3 Trillion Time Bomb?

A look at the tsunami of corporate debt that could swamp companies over the next five years.

Please wait while we gather your results.
Video
11/18 - 2:21 & 2:00
Heartland in the News
10/5/2018
Water & Wells
7/19/2018
Heartland in the News
7/6/2018
Heartland in the News
6/27/18
Heartland in the News
6/26/18
Heartland in the News
5/10/18

Email Sign Up

  • I am a financial professional or institutional investor
  • I am an individual investor

©2019 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

Portfolio holdings are subject to change without notice. Current and future portfolio holdings are subject to risk.

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.

Organizational chart reflects intended team structure, and all positions may not currently be filled.

Sector and Industry classifications are sourced from GICS®.The Global Industry Classification Standard (GICS®) is the exclusive intellectual property of MSCI Inc. (MSCI) and S&P Global Market Intelligence (“S&P”).  Neither MSCI, S&P, their affiliates, nor any of their third party providers (“GICS Parties”) makes any representations or warranties, express or implied, with respect to GICS or the results to be obtained by the use thereof, and expressly disclaim all warranties, including warranties of accuracy, completeness, merchantability and fitness for a particular purpose.  The GICS Parties shall not have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of such damages.

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.

Economic predictions are based on estimates and are subject to change.

There is no guarantee that a particular investment strategy will be successful.

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

The Heartland Funds are distributed by ALPS Distributors, Inc.

Separately managed accounts and related investment advisory services are provided by Heartland Advisors, Inc., a federally registered investment advisor. ALPS Distributors, Inc., is not affiliated with Heartland Advisors, Inc.

Unless noted with an asterisk (*), the above individuals are registered representatives of ALPS Distributors, Inc.

CFA® is a registered trademark owned by the CFA Institute.

top