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Another Manager Leaves Heartland

High-yield municipal-bond fund manager departs after less than five months.

A fund manager brought in after the controversial implosion of two of Heartland Advisor's municipal-bond funds last year has left the firm.

After little more than four months on the job, Philip Fiskow stepped down last week as manager of Heartland Taxable Short Duration Municipal (HRTMX), Heartland Wisconsin Tax Free (HRWIX), Heartland High-Yield Municipal Bond (HRHYX), and Heartland Short Duration High-Yield Municipal (HRSDX), according to a filing with the Securities and Exchange Commission.

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