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Heartland Advisors Launches Heartland Mid Cap Value Fund

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Heartland Advisors announces the launch of a new fund, the Heartland Mid Cap Value Fund (NASDAQ:HRMDX) (NASDAQ:HNMDX) . The Fund seeks capital appreciation by investing in businesses with market caps between $1 and $15 billion and dividend paying companies. The prospectus is available at heartlandfunds.com/heartland-mid-cap-value-fund-prospecuts.pdf.

“Heartland has experience with mid-cap stocks both through our multi-cap Heartland Select Value Fund and our separate account strategy dedicated to mid-caps. With this Fund, we’re making that mid-cap strategy available to mutual fund investors,” said Will Nasgovitz, CEO of Heartland Advisors.

The Heartland Mid Cap Value Fund will be co-managed by Ted Baszler, CFA, CPA, and Colin McWey, CFA. A portfolio manager Q&A is available at heartlandfunds.com/heartland-mid-cap-value-fund-launch.htm.

About Heartland

Established in 1983, Heartland Advisors, Inc. is an independently owned equity value investment manager based in Milwaukee, Wisconsin. As of September 30, 2014, the Firm managed approximately $5.5 billion. Heartland’s family of value-driven, actively managed portfolios includes distinct U.S. and international strategies, offered through five separate account strategies and five mutual funds. Learn more at www.heartlandadvisors.com.

An investor should consider the Funds’ investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information can be found in the Funds’ prospectuses. To obtain a prospectus, please call 800-432-7856 or visit www.heartlandfunds.com. Please read the prospectuses carefully before investing.

Past performance does not guarantee future results.

Value investments are subject to the risk that their intrinsic value may not be recognized by the broad market. There is no assurance that dividend-paying stocks will mitigate volatility. The Fund also invests in a smaller number of stocks (generally 30 to 60) than the average mutual fund. The performance of these holdings generally will increase the volatility of the Fund’s returns. There can be no assurance that the Fund will grow to or maintain an economically viable size, in which case the Board of Directors may determine to liquidate the Fund.

CFA is a trademark owned by the CFA Institute.

The above individuals are Registered Representatives of ALPS Distributors, Inc. The Heartland Funds are distributed by ALPS Distributors, Inc.
HLF4401/1015

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