Heartland Group Elects Two New Directors, Expanding and Strengthening Its Board

Milwaukee — April 8, 2022 — Heartland Funds shareholders have elected Dianna Gonzales-Burdin and Dina Tantra to fill two newly created board seats. Gonzales-Burdin and Tantra will serve as independent directors, joining current independent directors Ward D. Armstrong, Dale J. Kent, and Robert A. Rudell, who were each re-elected at the same meeting on April 5, 2022. Rounding out the board is William (‘‘Will’’) R. Nasgovitz, CEO and Portfolio Manager for Heartland Advisors, who was also elected as an “interested director.” 

“We are excited to add two new directors whose substantial experience and knowledge will add meaningful value to shareholders and provide strategic guidance, insight, and perspective,” Nasgovitz said. 

Both women bring decades of experience to Heartland’s board. Gonzalez-Burdin was at Strategic Investment Group for 29 years before retiring as managing director and partner for public equity investments. She was responsible for all aspects of overseas public equities, including manager selection, strategic development, portfolio construction, and risk management. Tantra is co-chief executive officer of Global Rhino, the management consulting firm she co-founded that serves asset managers. Earlier on, she was CEO at Advisers Investment Trust, a proprietary mutual fund complex with $10 billion in assets under management. She also held leadership roles at Ultimus Fund Solutions, Foreside Financial Group, and Beacon Hill Fund Services.

Heartland Group’s board is responsible for the management of the Heartland Funds, as well as providing broad supervision of business operations. The board meets quarterly to review the investments, performance, and expenses of the Heartland Funds. It also establishes, monitors, and reviews numerous policies and procedures governing the business conduct of Heartland.

About Heartland

Established in 1983, Heartland Advisors, Inc. is an independently owned equity value investment manager based in Milwaukee, Wisconsin. As of March 31, 2022, the Firm managed approximately $1.8 billion. The Heartland family of value-driven, actively managed portfolios includes distinct domestic strategies, offered through three mutual funds and four separately managed accounts. Learn more at heartlandadvisors.com.

Investment Team Available to the Media

Investment Team members typically are available to the media. To schedule an interview, contact Emily Stoermer with BackBay Communications by phone at 617-391-0790 x105 or by email.

 

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©2022 Heartland Advisors | 790 N. Water Street, Suite 1200, Milwaukee, WI 53202 | Business Office: 414-347-7777 | Financial Professionals: 888-505-5180 | Individual Investors: 800-432-7856

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.

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

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

The Heartland Funds are distributed by ALPS Distributors, Inc.

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