Mutual Funds

High Yield Fund

Fund Ticker
HWHIX
Fund Category
High Yield Bond

Long Term Performance (%) Average Annual Total Returns for periods greater than one year

As of 05/31/2020
 1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE 03/31/2009
I shares4.01-8.67-10.74-7.78-1.011.555.588.09
ICE BofAML BB-B US HY Constrained Index4.38-2.91-4.242.473.444.346.629.25
ICE BofAML US HY Index4.57-4.22-5.700.352.654.066.5110.05
 1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE 03/31/2009
I shares-15.28-17.19-17.19-14.41-2.780.494.607.48
ICE BofAML BB-B US HY Constrained Index-10.71-11.93-11.93-5.561.272.905.618.56
ICE BofAML US HY Index-11.76-13.12-13.12-7.450.552.675.509.39

Calendar Year Performance

As of 05/31/2020
 2019201820172016201520142013201220112010
I SHARES9.57-3.418.2416.02-4.301.108.6917.962.2919.12

Growth of $10,000 since fund inception as of 05/31/2020

As of 05/31/2020
 HWHIXICE BofAML BB-B US HY Constrained Index
2009-03-311000010000
2009-04-301063210902
2009-05-311098911492
2009-06-301114011801
2009-07-311176912346
2009-08-311183012541
2009-09-301238913121
2009-10-311269713324
2009-11-301286113422
2009-12-311330413734
2010-01-311350813912
2010-02-281358013944
2010-03-311411014312
2010-04-301439214580
2010-05-311385814152
2010-06-301397814356
2010-07-311457214839
2010-08-311457414922
2010-09-301508115323
2010-10-311554615656
2010-11-301540015480
2010-12-311584715691
2011-01-311623815990
2011-02-281639916191
2011-03-311639716263
2011-04-301664516492
2011-05-311674616590
2011-06-301655916446
2011-07-311670116670
2011-08-311585516109
2011-09-301525615619
2011-10-311626516450
2011-11-301584516154
2011-12-311621016538
2012-01-311678416960
2012-02-291721317308
2012-03-311726917270
2012-04-301740517445
2012-05-311722317268
2012-06-301755717600
2012-07-311789917948
2012-08-311814318151
2012-09-301844418383
2012-10-311859018554
2012-11-301879718693
2012-12-311912118950
2013-01-311942819150
2013-02-281953319235
2013-03-311973519405
2013-04-302009819754
2013-05-312009519616
2013-06-301961219098
2013-07-311997219438
2013-08-311986119303
2013-09-302002519496
2013-10-312043019980
2013-11-302062820053
2013-12-312078320145
2014-01-312091720288
2014-02-282126720704
2014-03-312139420745
2014-04-302154120888
2014-05-312170521094
2014-06-302187121261
2014-07-312159620991
2014-08-312182521339
2014-09-302139620924
2014-10-312144421234
2014-11-302137321092
2014-12-312101120849
2015-01-312107621034
2015-02-282160821510
2015-03-312159321405
2015-04-302193121644
2015-05-312208921720
2015-06-302181521410
2015-07-312166421343
2015-08-312125121006
2015-09-302077220498
2015-10-312114021106
2015-11-302069120725
2015-12-312010820266
2016-01-311964420015
2016-02-291959620177
2016-03-312046620904
2016-04-302119821604
2016-05-312133721675
2016-06-302157021867
2016-07-312210522401
2016-08-312268022852
2016-09-302282122959
2016-10-312290222990
2016-11-302288022867
2016-12-312332923249
2017-01-312378923514
2017-02-282419023814
2017-03-312408023779
2017-04-302435724070
2017-05-312459424267
2017-06-302453624304
2017-07-312485924560
2017-08-312475924584
2017-09-302500224775
2017-10-312508624887
2017-11-302505924821
2017-12-312525124871
2018-01-312541524978
2018-02-282523924733
2018-03-312509824594
2018-04-302521624730
2018-05-312514124699
2018-06-302524024755
2018-07-312549125020
2018-08-312563825216
2018-09-302575725343
2018-10-312529924971
2018-11-302501024833
2018-12-312438924363
2019-01-312533025442
2019-02-282568625862
2019-03-312585526151
2019-04-302631626486
2019-05-312586426208
2019-06-302629726888
2019-07-312620527045
2019-08-312608727243
2019-09-302612627338
2019-10-312611827429
2019-11-302620027595
2019-12-312672328043
2020-01-312675228062
2020-02-292611827658
2020-03-312212824696
2020-04-302293225729
2020-05-312385326855

The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Investment return and principal value of the fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. 

You should consider the Hotchkis & Wiley High Yield 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. Investments in debt securities involve credit risk and typically decrease in value when interest rates rise. Investments in lower rated and non rated securities involve greater risk. The fund may invest in derivatives, asset backed and mortgage backed securities, and foreign securities.  Please read the fund prospectus for a full list of fund risks.

©2020 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Growth of $10,000 Since Fund Inception chart reflects a hypothetical $10,000 investment in the class of shares noted with no sales charges applied. Assumes reinvestment of dividends and capital gains. Performance for other share classes will vary.

The ICE BofAML index data referenced is the property of ICE Data Indices, LLC (“ICE BofAML”) and/or its licensors and has been licensed for use by Hotchkis & Wiley. ICE BofAML and its licensors accept no liability in connection with its use. See Index definitions for full disclaimer.

Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced. The Advisor has contractually agreed to waive advisory fees and/or reimburse expenses through August 29, 2020.

The Hotchkis & Wiley Funds are distributed by Quasar Distributors, LLC

Index definitions