Heartland Advisors Mid Cap Value Fund’s Q3 2023 Investor Letter

Heartland Advisors, an investment management company, released its “Heartland Mid Cap Value Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the portfolio was 2.4% down compared to a 4.46% fall in the Russell Midcap Value Index. The performance was attributed to strong stock selection mainly in the Utilities and Industrials sectors. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.