Heartland Value Fund’s Q1 2023 Investor Letter

Heartland Advisors, an investment management company, released its “Heartland Value Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the Value Investor Class of the fund returned 2.74% and the Value Institutional Class returned 2.79% compared to -0.66% for the Russell 2000 Value Index. Stock selection played a vital role in the fund’s performance in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.