Fund Literature

In addition to fact sheets, commentary and summary prospectuses, you may download portfolio holdings for the previous three months as well as other valuable literature for the Hotchkis & Wiley fund family.

	FACT SHEET	COMMENTARY	HOLDINGS	SUMMARY PROSPECTUS	ADDITIONAL LITERATURE
VALUE EQUITY
Diversified Value Fund	Q4 2011	Q4 2011	12/31/2011 11/30/2011 10/31/2011 09/30/2011	08/29/2011

Large Cap Value Fund	Q4 2011	Q4 2011	12/31/2011 11/30/2011 10/31/2011 09/30/2011	08/29/2011

Mid-Cap Value Fund	Q4 2011	Q4 2011	12/31/2011 11/30/2011 10/31/2011 09/30/2011	08/29/2011	Case for Mid-Cap

Small Cap Value Fund	Q4 2011	Q4 2011	12/31/2011 11/30/2011 10/31/2011 09/30/2011	08/29/2011	Case for Small Cap

Value Opportunities Fund	Q4 2011	Q4 2011	12/31/2011 11/30/2011 10/31/2011 09/30/2011	08/29/2011	Opportunity Redefined


INCOME
Capital Income Fund	Q4 2011	Q4 2011	12/31/2011 11/30/2011 10/31/2011 09/30/2011	08/29/2011	Generate Retirement Income

High Yield Fund	Q4 2011	Q4 2011	12/31/2011 11/30/2011 10/31/2011 09/30/2011	08/29/2011	Case for High Yield Asset Class Returns Morningstar article on High Yield WSJ article on High Yield


FIRM
All Funds	Q4 2011				Performance