Heartland Advisors, an investment management company, released its “Heartland Value Plus Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the strategy returned 1.5% underperforming the Russell 2000 Small-Cap Value Index’s 2.9% returns. The underperformance was due to the stock selection in Health Care, Information Technology, and Materials sectors. On the other hand, the selection effect helped the Strategy to outperform the...
Do You Think Mohawk Industries (MHK) Reversed the Trend Lately?
