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          <ccc>XXXXXXXX</ccc>
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      <regFileNumber>811-04982</regFileNumber>
      <regCik>0000809586</regCik>
      <regLei>549300TJI5TPMVIHYH92</regLei>
      <regStreet1>790 N. WATER STREET SUITE 1200</regStreet1>
      <regCity>MILWAUKEE</regCity>
      <regStateConditional regCountry="US" regState="US-WI"/>
      <regZipOrPostalCode>53202</regZipOrPostalCode>
      <regPhone>4143477777</regPhone>
      <seriesName>Heartland Value Plus Fund</seriesName>
      <seriesId>S000003524</seriesId>
      <seriesLei>549300XPM3T8QX7EH348</seriesLei>
      <repPdEnd>2021-12-31</repPdEnd>
      <repPdDate>2021-06-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>1488359.70</totLiabs>
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      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Old National Bancorp/in</name>
        <lei>549300MMK90CL5KMVX16</lei>
        <title>Old National Bancorp</title>
        <cusip>680033107</cusip>
        <identifiers>
          <isin value="US6800331075"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7044000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Avanos Medical Inc</name>
        <lei>549300YCXWOM7NEWMQ58</lei>
        <title>Avanos Medical, Inc.</title>
        <cusip>05350V106</cusip>
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          <isin value="US05350V1061"/>
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        <balance>235000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8546950.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hyster-yale Materials Handling Inc</name>
        <lei>N/A</lei>
        <title>Hyster-Yale Materials Handling, Inc.</title>
        <cusip>449172105</cusip>
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          <isin value="US4491721050"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5838400.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Glacier Bancorp Inc</name>
        <lei>549300SMJAUKZB5D7V74</lei>
        <title>Glacier Bancorp, Inc.</title>
        <cusip>37637Q105</cusip>
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          <isin value="US37637Q1058"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8262000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Vanguard Corp</name>
        <lei>529900GWI78WZA5M9783</lei>
        <title>American Vanguard Corp.</title>
        <cusip>030371108</cusip>
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          <isin value="US0303711081"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10681100.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hanover Insurance Group Inc/the</name>
        <lei>JJYR6MFKFF6CF8DBZ078</lei>
        <title>The Hanover Insurance Group, Inc.</title>
        <cusip>410867105</cusip>
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          <isin value="US4108671052"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10173000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Materion Corp</name>
        <lei>549300CJ5RI351SUYT02</lei>
        <title>Materion Corp.</title>
        <cusip>576690101</cusip>
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          <isin value="US5766901012"/>
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        <balance>138500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10435975.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Primo Water Corp</name>
        <lei>5493005TMUI9D3MY9I37</lei>
        <title>Primo Water Corp.</title>
        <cusip>74167P108</cusip>
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          <isin value="CA74167P1080"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7026600.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dril-quip Inc</name>
        <lei>5299007REICYIJNMW197</lei>
        <title>Dril-Quip, Inc.</title>
        <cusip>262037104</cusip>
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          <isin value="US2620371045"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9810700.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Portland General Electric Co</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>Portland General Electric Co.</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9907200.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Firstcash Inc</name>
        <lei>549300V2X3UU7K0DG350</lei>
        <title>FirstCash, Inc.</title>
        <cusip>33767D105</cusip>
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          <isin value="US33767D1054"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15288000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Potlatchdeltic Corp</name>
        <lei>54930084YA8UJOTXDM59</lei>
        <title>PotlatchDeltic Corp.</title>
        <cusip>737630103</cusip>
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          <isin value="US7376301039"/>
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        <balance>135000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7175250.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sunstone Hotel Investors Inc</name>
        <lei>529900ZQ2V52V96ATF67</lei>
        <title>Sunstone Hotel Investors, Inc.</title>
        <cusip>867892101</cusip>
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          <isin value="US8678921011"/>
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        <balance>835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10370700.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tootsie Roll Industries Inc</name>
        <lei>529900SBKOV9XX4M4Q35</lei>
        <title>Tootsie Roll Industries, Inc.</title>
        <cusip>890516107</cusip>
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          <isin value="US8905161076"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6612450.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Spectrum Brands Holdings Inc</name>
        <lei>549300JM0MJETDD30O20</lei>
        <title>Spectrum Brands Holdings, Inc.</title>
        <cusip>84790A105</cusip>
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        <balance>100000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cross Country Healthcare Inc</name>
        <lei>54930037L0NBIPZ5S663</lei>
        <title>Cross Country Healthcare, Inc.</title>
        <cusip>227483104</cusip>
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          <isin value="US2274831047"/>
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        <balance>940000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ralph Lauren Corp</name>
        <lei>HO1QNWM0IXBZ0QSMMO20</lei>
        <title>Ralph Lauren Corp.</title>
        <cusip>751212101</cusip>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8835750.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Myers Industries Inc</name>
        <lei>549300I2H9XMVTCW4Q51</lei>
        <title>Myers Industries, Inc.</title>
        <cusip>628464109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Angiodynamics Inc</name>
        <lei>549300W3VKC5ZKMO8C28</lei>
        <title>AngioDynamics, Inc.</title>
        <cusip>03475V101</cusip>
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        <balance>290000.00000000</balance>
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        <valUSD>7867700.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Atn International Inc</name>
        <lei>54930013NP7VEU877V56</lei>
        <title>ATN International, Inc.</title>
        <cusip>00215F107</cusip>
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          <isin value="US00215F1075"/>
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        <balance>275000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Schweitzer-mauduit International Inc</name>
        <lei>549300Z1FU4IDULG1R21</lei>
        <title>Schweitzer-Mauduit International, Inc.</title>
        <cusip>808541106</cusip>
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          <isin value="US8085411069"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7066500.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enerpac Tool Group Corp</name>
        <lei>IZW37BPZKUJE1QXGB081</lei>
        <title>Enerpac Tool Group Corp.</title>
        <cusip>292765104</cusip>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10514900.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Astec Industries Inc</name>
        <lei>5493002DO2QKHLKB2A48</lei>
        <title>Astec Industries, Inc.</title>
        <cusip>046224101</cusip>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9441000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Brady Corp</name>
        <lei>549300G2LEQOFQC8GY34</lei>
        <title>Brady Corp.</title>
        <cusip>104674106</cusip>
        <identifiers>
          <isin value="US1046741062"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12328800.00000000</valUSD>
        <pctVal>2.344087911049</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haemonetics Corp</name>
        <lei>549300ZEL6TXZS6F5F95</lei>
        <title>Haemonetics Corp.</title>
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        <valUSD>14660800.00000000</valUSD>
        <pctVal>2.787473561605</pctVal>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Methode Electronics Inc</name>
        <lei>529900VM413LGLUS3F07</lei>
        <title>Methode Electronics, Inc.</title>
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        <curCd>USD</curCd>
        <valUSD>15993250.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Harley-davidson Inc</name>
        <lei>ZDNAWZWXIKMWI51R2A08</lei>
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        <valUSD>9393100.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Acushnet Holdings Corp</name>
        <lei>529900W5FI106H543E43</lei>
        <title>Acushnet Holdings Corp.</title>
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          <isin value="US0050981085"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7163000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seacoast Banking Corp Of Florida</name>
        <lei>549300V6IC06XYQYPG88</lei>
        <title>Seacoast Banking Corp. of Florida</title>
        <cusip>811707801</cusip>
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        <balance>325000.00000000</balance>
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        <valUSD>11098750.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Old Republic International Corp</name>
        <lei>549300IV6O2YY2A1KH37</lei>
        <title>Old Republic International Corp.</title>
        <cusip>680223104</cusip>
        <identifiers>
          <isin value="US6802231042"/>
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        <balance>200000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4982000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Heartland Express Inc</name>
        <lei>5299005V45FZIQGLOG39</lei>
        <title>Heartland Express, Inc.</title>
        <cusip>422347104</cusip>
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          <isin value="US4223471040"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5567250.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kennametal Inc</name>
        <lei>549300GZDSG25XUV0Y08</lei>
        <title>Kennametal, Inc.</title>
        <cusip>489170100</cusip>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10776000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phibro Animal Health Corp</name>
        <lei>549300U24SP4AF2JUX52</lei>
        <title>Phibro Animal Health Corp.</title>
        <cusip>71742Q106</cusip>
        <identifiers>
          <isin value="US71742Q1067"/>
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        <balance>660000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19060800.00000000</valUSD>
        <pctVal>3.624050260766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Knowles Corp</name>
        <lei>5493003EO323TDZQU148</lei>
        <title>Knowles Corp.</title>
        <cusip>49926D109</cusip>
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          <isin value="US49926D1090"/>
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        <balance>520000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10264800.00000000</valUSD>
        <pctVal>1.951657386715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sonic Automotive Inc</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>Sonic Automotive, Inc. (Class A)</title>
        <cusip>83545G102</cusip>
        <identifiers>
          <isin value="US83545G1022"/>
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        <balance>250000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11185000.00000000</valUSD>
        <pctVal>2.126615995481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>HEARTLAND GROUP INC.</ncom:nameOfApplicant>
      <ncom:signature>Nicole Best</ncom:signature>
      <ncom:signerName>Nicole Best</ncom:signerName>
      <ncom:title>Chief Financial Officer and Chief Administrative</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
