Heartland Advisors Mid Cap Value Fund’s Q4 2024 Investor Letter

Heartland Advisors, an investment management company, released its “Heartland Mid Cap Value Fund” fourth quarter 2024 investor letter. Investors remained cautious going into the quarter as the Federal Reserve initiated its first rate-cutting cycle since the global pandemic, inflationary pressures seemed to be decreasing, and the probability of a recession appeared to be fading.  The fund was down 5.50% in the quarter compared to 1.75% fall for the Russell 2000 Value Index. Stock selection was positive in Consumer Discretionary, Materials, and Consumer Staples sectors. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.

A copy of Heartland Advisors Mid Cap Value Fund’s Q4 2024 investor letter can be downloaded here.