Mutual Funds

High Yield Fund

Fund Ticker
HWHZX
Fund Category
High Yield Bond

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

As of 07/31/2020
 1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE 03/31/2009
Z Shares4.3510.99-4.80-2.870.853.315.758.60
ICE BofA BB-B US HY Constrained Index4.8010.101.014.744.875.826.689.62
ICE BofA US HY Index4.7810.64-0.233.104.165.696.6110.45
 1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE 03/31/2009
Z Shares2.1510.12-8.76-7.24-0.142.295.748.26
ICE BofA BB-B US HY Constrained Index0.659.44-3.620.523.604.776.539.24
ICE BofA US HY Index0.979.61-4.78-1.102.944.586.4810.07

Calendar Year Performance

As of 07/31/2020
 2019201820172016201520142013201220112010
Z SHARES9.77-3.358.3516.13-4.201.208.7918.082.3819.22

Growth of $10,000 since fund inception as of 07/31/2020

As of 07/31/2020
 HWHZXICE BofA 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
2009-12-311330113734
2010-01-311350613912
2010-02-281357813944
2010-03-311410814312
2010-04-301438914580
2010-05-311385614152
2010-06-301397514356
2010-07-311457014839
2010-08-311457114922
2010-09-301507815323
2010-10-311554415656
2010-11-301539715480
2010-12-311584215691
2011-01-311623315990
2011-02-281639416191
2011-03-311639216263
2011-04-301664016492
2011-05-311674116590
2011-06-301655416446
2011-07-311669616670
2011-08-311585016109
2011-09-301525115619
2011-10-311626016450
2011-11-301584016154
2011-12-311620316538
2012-01-311677816960
2012-02-291720617308
2012-03-311726317270
2012-04-301739817445
2012-05-311721617268
2012-06-301755017600
2012-07-311789217948
2012-08-311813618151
2012-09-301843718383
2012-10-311858318554
2012-11-301879018693
2012-12-311911418950
2013-01-311942019150
2013-02-281952619235
2013-03-311972719405
2013-04-302009019754
2013-05-312008719616
2013-06-301960419098
2013-07-311996419438
2013-08-311985319303
2013-09-302001719496
2013-10-312042219980
2013-11-302062020053
2013-12-312077420145
2014-01-312090920288
2014-02-282125820704
2014-03-312138620745
2014-04-302153320888
2014-05-312169621094
2014-06-302186221261
2014-07-312158720991
2014-08-312181621339
2014-09-302138820924
2014-10-312143521234
2014-11-302136421092
2014-12-312100220849
2015-01-312106721034
2015-02-282159921510
2015-03-312158421405
2015-04-302192221644
2015-05-312208021720
2015-06-302180621410
2015-07-312165721343
2015-08-312124521006
2015-09-302076920498
2015-10-312113621106
2015-11-302068920725
2015-12-312010720266
2016-01-311964520015
2016-02-291959820177
2016-03-312047020904
2016-04-302120421604
2016-05-312134521675
2016-06-302158021867
2016-07-312211822401
2016-08-312269522852
2016-09-302283722959
2016-10-312292022990
2016-11-302290022867
2016-12-312335123249
2017-01-312381323514
2017-02-282421723814
2017-03-312410923779
2017-04-302438824070
2017-05-312462824267
2017-06-302457224304
2017-07-312489724560
2017-08-312480024584
2017-09-302504524775
2017-10-312513124887
2017-11-302510624821
2017-12-312530024871
2018-01-312546824978
2018-02-282529324733
2018-03-312514324594
2018-04-302526024730
2018-05-312521024699
2018-06-302529024755
2018-07-312556525020
2018-08-312569325216
2018-09-302583625343
2018-10-312535824971
2018-11-302507024833
2018-12-312445024363
2019-01-312541725442
2019-02-282575425862
2019-03-312594826151
2019-04-302639126486
2019-05-312594026208
2019-06-302639926888
2019-07-312630927045
2019-08-312619327243
2019-09-302623427338
2019-10-312620627429
2019-11-302629027595
2019-12-312684028043
2020-01-312685028062
2020-02-292623927658
2020-03-312223724696
2020-04-302302225729
2020-05-312397226855
2020-06-302448827028
2020-07-312555328326

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. 

Z Shares inception is 3/29/2018. Returns shown for Z Shares for the periods prior to its inception are derived from the historical performance of I Shares of the Fund during such periods and have been adjusted to reflect the higher total annual operating expenses of the Z Shares.

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, Inc. All Rights Reserved. The information contained herein (1) is proprietary to Morningstar (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 performance.

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 BofA index data referenced is the property of ICE Data Indices, LLC (“ICE BofA”) and/or its licensors and has been licensed for use by Hotchkis & Wiley. ICE BofA 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