Will Nasgovitz

Will Nasgovitz is CEO of Heartland Advisors and the Heartland Funds. He also is Portfolio Manager for the Select ValueMid Cap Value, and Value Funds and their corresponding Opportunistic Value EquityMid Cap Value, and Small Cap Value Strategies. 

Heartland Advisors Value Investing Portfolio Manager Will Nasgovitz

He began at Heartland Advisors in 2003 as a Research Associate and became Portfolio Manager in 2006 of the Select Value Fund, a Lipper Award winner for six consecutive years from 2007 to 2012. He added portfolio management responsibility for the Mid Cap Value Fund in 2015. He also returned to the Value Fund in 2019 as a Portfolio Manager, having previously co-managed from 2009 to 2013.

Prior to joining the Firm, Nasgovitz was a Senior Research Associate at Cambridge Associates.

Nasgovitz often shares his value investing market perspective with the national financial media, including Bloomberg, MarketWatch, TheStreet, and CNBC.

He graduated from the University of Wisconsin-Madison with a bachelor’s in business in 2000.  

Investment Experience

  • Heartland Advisors, 2003-present
  • Cambridge Associates, 2000-2002

Honors amd Recognition*

  • Recognized six times as a Lipper Award manager
  • Designated a "Category King" manager by The Wall Street Journal
  • Received "Bull and Bear Master" recognition for performance during up and down markets from Informa Investment Solutions' PSN Manager Database
  • Named a "Top Guns" manager by Informa Investment Solutions' PSN Manager Database


  • B.B.A. in Business, University of Wisconsin–Madison, 2000

Community Service

  • Discovery World Science and Technology Center, Board Member
  • Milwaukee Urban Ecology Center Development Committee, Member

Heartland Advisors Value Investing Team IconPortfolio Manager

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News & Investing Perspectives

Press Release

Mid Cap, Opportunistic, Earn Repeat Recognition as “Top Guns”

Two Heartland Strategies continue to earn accolades relative to peers.

4/19 - 2:39

A Look at Our Mid Cap Value Strategy

The Portfolio Management Team provides an overview.

Heartland in the News

Time to Focus on What Matters

CEO Will Nasgovitz on the importance of balance sheets and fundamentals in today’s late-stage economic cycle.

Press Release

Mid Cap, Opportunistic Strategies Receive ‘Top Guns’ Recognition

Two Heartland Strategies honored for performance relative to peers.

Heartland in the News

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

A $3 Trillion Time Bomb?

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

Heartland in the News

Mid Cap Value Fund Performance Recognized

The Wall Street Journal named the Fund a "Category King."

11/18 - 2:21 & 2:00

Navigating Risky Terrain

Bad things happen to great companies. Here’s how we seek to mitigate unforeseen risks while focusing on company strengths.

Press Release

Heartland Awarded a 'Top Guns' Designation

The Mid Cap Value Strategy received accolade from Informa Investment Solutions' PSN manager database.

Heartland in the News

Mid Cap Value Fund a 'Category King'

The Wall Street Journal recognized the Fund’s performance.

Water & Wells

Tripped up by a Low Hurdle

How low interest rates have led to a surge of money losing companies, and what that may mean as interest rates move higher.

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©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

*Honors and recognition during the following years, respectively: 2007, 2008, 2009, 2010, 2011, and 2012; 2018 and 2019; 2019; and 2018 and 2019 

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.

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

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.

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 above individual is a registered representative of ALPS Distributors, Inc.

The Heartland Funds are distributed by ALPS Distributors, Inc.

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