Heartland Advisors has picked ALPS Fund Services to provide distribution services for its family of mutual funds. The distribution agreement with ALPS became effective on August 1.

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ALPS Fund Services, Inc., a leading outsourcing solution for the fund industry, today announced it has been selected by Heartland Advisors to provide distribution services for its family of mutual funds.

ALPS will provide distribution services for all three Heartland Funds: Select Value Fund, Value Fund and Value Plus Fund. Heartland Advisors, based in Milwaukee, Wisconsin, was formed in 1983 and manages approximately $3.4 billion (as of June 30, 2007) for institutions, individual clients and investor accounts in the Heartland Funds.

“It’s gratifying for us to have the opportunity to work with Heartland Advisors, which enjoys an outstanding reputation in the industry,” said Ned Burke, president of ALPS. “We are looking forward to servicing the Heartland Funds and establishing a rewarding working relationship with Heartland Advisors, as we seek to do with all of our clients.”

The distribution agreement with ALPS became effective on August 1, after a conversion that took only 30 days.

“Heartland values the relationships it has with its various business partners and we know that ALPS shares that philosophy,” said Nicole Best, Chief Compliance Officer for Heartland Advisors. “We expect ALPS will help us fulfill our mission to provide the best in value investing, client service and customer satisfaction.”

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, please contact your investment professional. Read the prospectus carefully before investing.

About ALPS Fund Services, Inc. ™

ALPS Fund Services, Inc. ™ is a Denver-based outsourcing solution for administration, compliance, fund accounting, legal, marketing, tax administration, transfer agency and shareholder services for open-end, closed-end, hedge and exchange-traded funds. ALPS has approximately $18 billion in client mutual fund assets under administration. ALPS Distributors, Inc. provides distribution services to over $160 billion in client assets.

For more information, visit www.alpsinc.com.

ALPS is a registered trademark or trademark of ALPS Fund Services, Inc.™ in the United States and other countries. All other brand names, product names or trademarks belong to their respective holders. 

Edited by: Erin Kello


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