When you are ready to return to Heartland Funds, simply return to the previous browser window. The statements and opinions expressed in the article are those of the author. Heartland Advisors, Inc. cannot guarantee the accuracy or completeness of any statements or numerical data in the article. The discussion of investments and investment strategy of Heartland Value Fund represents the investments of the Fund and the views of Bill Nasgovitz, Eric Miller and Heartland, the fund s investment adviser, at the time of this article, and are subject to change without notice.
Past performance is no guarantee of future results.
Investment return and principal value of an investment will fluctuate so that an investor s shares, when redeemed, may be worth more or less than their original cost. Investing in small company and value stocks presents certain additional risks. While during some periods, the stocks of small companies have performed better than the stocks of large companies, during other periods large cap stocks have outperformed small cap stocks. Stocks of small companies tend to be more volatile and may have a smaller public market than stocks of large companies. Small companies may have a shorter history of operations than large companies, may not have the ability to raise capital as easily as large companies, and may have a less diversified product line, making them more susceptible to market pressure.