Milwaukee—March 11, 2021—Heartland Advisors Inc. is proud to announce the Heartland Mid Cap Value Fund – Institutional Class has been recognized as a Refinitiv Lipper Fund Awards United States 2021 Winner in the Mid-Cap Value category for exceptional risk-adjusted returns over the 5-year period ending December 31, 2020.
The Heartland Mid Cap Value Fund is co-managed by Colin McWey, CFA, Will Nasgovitz, and Troy McGlone, CFA, using Heartland’s 10 Principles of Value Investing™ that serves as the foundation for managing each of the boutique’s three value-focused funds.
“The past five years have been challenging for active value managers. Our ability to stand out is a testament to our team’s conviction and Heartland’s time-tested process.” said Michael Kops, Vice President of Sales.
"Winning the award wouldn’t have been possible if the team didn’t have a singular focus on meeting the expectations of clients," according to Will Nasgovitz, CEO.
“Every single day, we make a commitment to our clients to work tirelessly using our time-tested approach to deliver outstanding risk-adjusted returns for their portfolios. That’s why winning this award is both gratifying and humbling,” Nasgovitz noted.
When announcing the award winners, Robert Jenkins, Head of Research for Lipper, Refinitiv noted the significant challenges money managers faced over the past 12 months.
“This year’s Refinitiv Lipper Fund Awards recognized the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty,” Jenkins said.
“We congratulate the 2021 Refinitiv Lipper Fund Award winners and wish Heartland Advisors continued success,” Jenkins added.
Established in 1983, Heartland Advisors, Inc. is an independently owned equity value investment manager based in Milwaukee, Wisconsin. As of December 31, 2020, the Firm managed approximately $1.5 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.