Heartland Advisors

Bradford A. Evans

Bradford A. Evans, CFA, is Senior Vice President and Portfolio Manager for the Value Plus Fund and its corresponding Small Cap Value Plus Strategy.

Evans began at Heartland in 1996 as a Research Associate. He was promoted to Equity Research Analyst, during which time he developed expertise in the Energy, Consumer, and Materials sectors.  

Following nearly four years at High Rock Capital, Evans returned to Heartland as Portfolio Manager for the Value Fund in 2004, which he co−managed until 2015. He became Portfolio Manager of the Value Plus Fund in April 2006 and also was Director of Equity Research from 2011 to 2016.

Evans is a vocal advocate for small−cap value investing. He has been quoted by the national financial media, including Barron’s, CNBC, Fortune, Bloomberg, BusinessWeek, and The Wall Street Journal.

He graduated from the University of Wisconsin−Madison with a bachelor’s in international relations, Russian, and political science in 1995. He also spent a semester studying at Moscow State University in Russia.

Investment Experience

  • Heartland Advisors, 2004-present
  • High Rock Capital, 2001-2004
  • Heartland Advisors, 1996-2001

Honors and Recognition

  • Manager of the Small Cap Value Plus Strategy that was named a “Top Guns” by Informa Investment Solutions’ PSN Manager Database 2Q18 (award received 8/15/2018); 2Q20 (award received 8/19/2020); 4Q20 (award received 2/18/2021); 1Q21 (award received 5/19/2021); 2Q21 (award received 8/19/2021); 3Q21 (award received 11/17/2021); 4Q21 (award received 2/17/2022); 1Q22 (award received 5/18/2022); 4Q22 (award received 2/21/2023)


  • B.A. in International Relations, Russian, and Political Science, University of Wisconsin–Madison, 1995

Certification and Licensing

  • CFA Charterholder

Heartland Advisors Value Investing Bradford Evans

Portfolio Manager

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News & Investing Perspectives

9/23- 2:03

Importance of Financial Soundness

Why a detailed analysis of balance sheet strength can be key to identifying attractive opportunities.

Heartland in the News

Staying Committed to Small Value

Heartland’s Senior Vice President and Portfolio Manager Bradford Evans wrote about the potential benefits of remaining committed to long-term investment strategies in the small- and mid-cap space in WealthManagement.com’s 2023 Mid-Year Outlook.

Heartland in the News

The Value of Active Management

Bradford Evans, Senior Vice President and Portfolio Manager, spoke about the Firm’s investment strategy in the small-cap space in a recent interview with MarketWatch.

Water & Wells

What Remains after the Thaw?

After years in which asset managers, investors, and research analysts gave up on small value, the few who persevered now stand to benefit from Value’s spring.

Heartland in the News

Morningstar Columnist Names Heartland Value Plus Fund an 'All-Weather Champion'

Heartland’s Value Plus Fund was identified as having strong overall total returns during the three bear markets from 2000-2022.


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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 Funds' prospectus. To obtain a prospectus, please call 800-432-7856 or visit heartlandadvisors.com. Please read the prospectus carefully before investing.

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.

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

The above individuals are registered representatives of ALPS Distributors, Inc.

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The Heartland Funds are distributed by ALPS Distributors, Inc.