Heartland Advisors Opportunistic Value Equity Strategy’s Q3 2022 Investor Letter

Heartland Advisors, an investment management company, released its “Heartland Opportunistic Value Equity Strategy” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the strategy returned -4.47% Net of Bundled Fees compared to the Russell 3000 Value Index’s -5.56% return. The strategy’s outperformance in the quarter was attributed to stock selection. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.