Heartland Value Fund’s Q3 2021 Investor Letter

Heartland Advisors, an investment management firm, published its “Heartland Value Fund” third-quarter 2021 investor letter – a copy of which can be seen here. The inflating bubble in many asset classes early in the quarter drained oxygen away from value stocks and the Fund was off modestly but kept pace with its benchmark. We believe the setback is temporary and your holdings should be in a stronger position for the long haul than many of the market darlings of today.  You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.