Closing of the Heartland Value Plus Fund

Effective as of close of business on May 16, 2011, the Heartland Value Plus Fund will be closed to certain new investors.

The closing is intended to promote long-term investments in the Fund, thereby contributing to a more stable asset base and the continued efficient management of the Fund. This decision was made after considering the current size of the Fund and the availability of common stocks of smaller companies that meet the Fund’s investment criteria.

Notwithstanding the closing of the Fund, for Financial Professionals who wish to use the fund on behalf of their clients, the following represent the most pertinent exceptions to the close:

  • Clients of registered investment advisors (RIAs) may continue to use the fund, both existing shareholders as well as new.
  • Fund shares purchased through a sponsored fee-based program subject to an agreement with Heartland Funds or ALPS Distributors will be allowed.
  • Employer-sponsored retirement accounts or any other qualified retirement or profit sharing plan (such as plans qualified under Sections 401, 403 and 457 of the Internal Revenue Code) may continue to access the fund, including new plans.

See the Prospectus Supplement for a detailed description of these and other exceptions to the close.  Please call us directly at 1-888-881-0882
with any questions you might have.

 

The Value Plus Fund invests in stocks of small companies that generally are more volatile and less liquid than those of larger companies. Value investments are subject to the risk that their intrinsic values may not be recognized by the broad market. The Fund also invests in a smaller number of stocks (generally 40 to 70) than the average mutual fund. The performance of these holdings generally will increase the volatility of the Fund’s returns.

© 2012 Heartland Funds
789 N. Water Street, Suite 500, Milwaukee, WI 53202 • 1-888-881-0882
The Heartland Funds are distributed by ALPS Distributors, Inc. Separately managed accounts and related investment advisory services are provided by Heartland Advisors, a federally registered investment adviser. ALPS Distributors, Inc., is not affiliated with Heartland Advisors.
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