A Beta greater than 1.00 indicates volatility greater than that of the market. A measure that indicates the extent to which fluctuations in portfolio returns are correlated with those of the general market. It shows the ability of a business to generate cash and acts as a gauge of liquidity and solvency. Heartland Advisors, Inc., with data on relevant benchmark index from Russell Analytics. A complete list of the Fund's portfolio securities is contained in the semi-annual report.
Past performance is no indication of future results.
Investment return and principal value of an investment will fluctuate so that redeemed shares may be worth more or less than their original cost. The Fund invests primarily in small companies selected on a value basis. Such securities may be more volatile and less liquid than those of larger companies and there is risk that the broad market may never recognize the intrinsic value of such securities. The Russell 2000 Index is an unmanaged index of 2,000 stocks considered representative of the small cap market. This material must be preceded or accompanied by the Fund's prospectus , which contains more information about the fees and expenses of the Fund.