Heartland Value Plus Fund’s Q4 2022 Investor Letter

Heartland Advisors, an investment management firm, published its “Heartland Value Plus Fund” fourth-quarter 2022 investor letter – a copy of which can be downloaded here. The fund has historically focused on identifying undervalued small companies with solid balance sheets that permit them to self-finance organic growth and strong free cash flow to raise their dividends over time. On top of that, the fund favor companies with compelling self-help strategies to provide an extra...