Mutual Funds

International Value Fund

Select Share Class
Fund Ticker
HWNIX
Fund Style
V B G
L M S
Fund Category
Foreign Large Value
As of 06/30/2022
TOP TEN HOLDINGS (%)1Portfolio
Tokio Marine Hldgs Inc.3.9
Ericsson3.8
BAE Systems PLC3.7
BNP Paribas SA3.3
ING Groep N.V.3.3
Accor SA3.2
Points.com Inc.3.0
Kosmos Energy Ltd.3.0
Royal Mail PLC2.9
Airbus SE2.8

PORTFOLIO ALLOCATION (%)1

As of 06/30/2022
PORTFOLIO ALLOCATION (%)1 
Continental Europe44.0%
United Kingdom25.3%
Americas20.3%
Japan3.9%
Other4.4%
As of 06/30/2022
SECTOR ALLOCATION (%)1PORTFOLIOCOMPARED TO MSCI WORLD EX-USA2
Financials29.910.0
Energy14.27.7
Industrials18.03.6
Consumer Discretionary11.51.1
Information Technology6.6-1.0
Communication Services3.7-1.1
Consumer Staples8.9-1.2
Real Estate0.0-2.6
Utilities0.0-3.6
Health Care4.9-7.4
Materials0.0-7.9
As of 06/30/2022
Portfolio CharacteristicsPortfolioMSCI World ex-USA
Price/Normal Earnings7.6x12.9x
Forward Price/Earnings (fiscal year)8.4x11.2x
Price/Book1.0x1.6x
Weighted Avg Market Cap ($M)$36,767$71,572
Median Market Cap ($M)$23,574$11,987
Number of Securities53887
Turnover (5 Yr Avg)31% 
Active Share (5 Yr Avg)93 

% of total portfolio includes total investments, cash and cash equivalents, and accrued investment income on a trade date basis.
2 As of 6/30/22

You should consider the Hotchkis & Wiley International 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.  The Fund may invest in foreign and emerging markets securities, which subjects the Fund to increased risk. Please read the fund prospectus for a full list of fund risks.

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.

©2022 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 Morningstar Style BoxTM reveals a fund’s investment strategy. For equity funds the vertical axis shows the market capitalization of the long stocks owned and the horizontal axis shows investment style (value, blend, or growth). A darkened square in the style box indicates the weighted average style of the portfolio.

H&W and MSCI sectors are based on the Global Industry Classification Standard by MSCI and S&P. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed, or produced by MSCI. See Index definitions for full disclaimer.

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

Index definitions