Heartland Value Strategy Representative Account Holdings

FOR FINANCIAL PROFESSIONAL USE ONLY.

Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.

Representative account chosen based on composite membership, not on performance-based criteria. Other accounts within the strategy may have different holdings.

Representative account holdings are preliminary, may not be reconciled, and may be updated when reconciled.

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.