ETFsTOP TEN HOLDINGS (%)1
| TOP TEN HOLDINGS (%)1 | Portfolio |
|---|---|
| Workday Inc. | 4.2 |
| American Int'l Group Inc. | 3.7 |
| Kosmos Energy Ltd. | 3.5 |
| APA Corp. | 3.5 |
| Fluor Corp. | 3.4 |
| SLM Corp. | 3.3 |
| Popular Inc. | 2.8 |
| Centene Corp. | 2.7 |
| Universal Health Srvcs Inc. | 2.4 |
| Crescent Energy Co. | 2.3 |
| SECTOR ALLOCATION (%)1 | PORTFOLIO | COMPARED TO RUSSELL MIDCAP VALUE2 |
|---|---|---|
| Energy | 12.6 | 6.2 |
| Financials | 22.7 | 5.8 |
| Consumer Discretionary | 9.4 | 1.2 |
| Health Care | 11.1 | 1.0 |
| Communication Services | 3.8 | 0.9 |
| Consumer Staples | 5.2 | -0.5 |
| Information Technology | 9.3 | -1.2 |
| Industrials | 14.1 | -3.3 |
| Materials | 2.5 | -3.9 |
| Utilities | 2.3 | -5.0 |
| Real Estate | 2.2 | -6.1 |
| Portfolio Characteristics | Portfolio | Russell Midcap Value |
|---|---|---|
| Price/Normal Earnings | 6.3x | 16.6x |
| Forward Price/Earnings (fiscal year) | 8.8x | 14.3x |
| Price/Book | 1.5x | 2.4x |
| Weighted Avg Market Cap ($M) | $14,684 | $28,496 |
| Median Market Cap ($M) | $11,059 | $12,700 |
| Number of Securities | 69 | 719 |
| Turnover (5 Yr Avg) | 37% | |
| Active Share (5 Yr Avg) | 94 |
1 % of total portfolio includes total investments, cash and cash equivalents, and accrued investment income on a trade date basis.
2 As of 6/30/26
The Mid-Cap Value Fund offers both mutual fund share classes and an ETF share class, invested in the same portfolio of securities. ETF shares are listed and traded on a national securities exchange and are not individually redeemable, unlike mutual fund shares. An investment in an ETF share class is not an investment in a mutual fund share class.
You should consider the Hotchkis & Wiley Mid-Cap Value Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by calling 800-796-5606. Read carefully before you invest.
Mutual fund investing involves risk. Principal loss is possible. Investing in small and medium-sized companies involves greater risks than those associated with investing in large company stocks. Please read the fund prospectus for a full list of fund risks.
Diversification does not assure a profit nor protect against loss in a declining market.
Information on the Fund’s holdings and portfolio characteristics is subject to its portfolio holdings disclosure policy. Such information may be obtained through the Funds’ website or by calling 800-796-5606. Fund holdings and/or sector allocations are subject to change and are not buy/sell recommendations. Information presented based on proprietary or third-party estimates are subject to change and cannot be guaranteed.
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ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a premium or discount to its net asset value (NAV), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact an ETF’s ability to sell its shares. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
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