Here’s Why Heartland Value Fund Added Mohawk Industries (MHK) to its Portfolio

Heartland Advisors, an investment management company, released its “Heartland Value Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, the Value Investor Class of the fund returned 3.14% and the Value Institutional Class returned 3.18% compared to 3.18% for the Russell 2000 Value Index. Although the fund performed in line with the benchmark, it lagged in the tech-heavy broader markets. In addition, you can check the top 5...