Mutual Funds

Large Cap Value Fund

Fund Ticker
HWLAX
Fund Style
V B G
L M S
Fund Category
Large Value

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 06/24/1987
A shares (w/o sales charge)3.38-13.86-26.38-14.21-3.150.568.047.74
A shares-2.05-18.38-30.25-18.72-4.87-0.517.467.57
Russell 1000 Value Index3.43-4.61-15.70-1.642.604.369.85n/a
 1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE 06/24/1987
A shares (w/o sales charge)-25.93-36.70-36.70-28.83-7.45-1.875.777.29
A shares-29.82-40.02-40.02-32.57-9.10-2.925.207.11
Russell 1000 Value Index-17.09-26.73-26.73-17.17-2.181.907.67n/a

Calendar Year Performance

As of 05/31/2020
 2019201820172016201520142013201220112010
A SHARES28.73-14.4718.5919.38-7.9713.1939.5518.48-4.4919.57

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

As of 05/31/2020
 HWLAXRussell 1000 Value Index
1987-06-301000010000
1987-07-311028810398
1987-08-311060010781
1987-09-301024810584
1987-10-3187598451
1987-11-3080547873
1987-12-3183268314
1988-01-3190868960
1988-02-2993229357
1988-03-3190459176
1988-04-3090539309
1988-05-3193109444
1988-06-3096839891
1988-07-3197679894
1988-08-3196089699
1988-09-30991010015
1988-10-311010410242
1988-11-30991010117
1988-12-311005510239
1989-01-311067910942
1989-02-281056010769
1989-03-311088811005
1989-04-301131411456
1989-05-311169611913
1989-06-301177511867
1989-07-311273012668
1989-08-311301112981
1989-09-301304012857
1989-10-311246512399
1989-11-301241212541
1989-12-311240112819
1990-01-311152912020
1990-02-281160112323
1990-03-311170112449
1990-04-301119511964
1990-05-311205012957
1990-06-301169212663
1990-07-311150712552
1990-08-311026211448
1990-09-30935210894
1990-10-31881610745
1990-11-30972911490
1990-12-311012911782
1991-01-311077512313
1991-02-281173513132
1991-03-311191513326
1991-04-301184613424
1991-05-311303113925
1991-06-301247113339
1991-07-311297913897
1991-08-311329814150
1991-09-301321114046
1991-10-311346214279
1991-11-301259913546
1991-12-311360914681
1992-01-311388114705
1992-02-291452715065
1992-03-311434614846
1992-04-301494715485
1992-05-311492615563
1992-06-301484915466
1992-07-311516616063
1992-08-311455215572
1992-09-301465715787
1992-10-311447215802
1992-11-301507016320
1992-12-311547816709
1993-01-311571017194
1993-02-281594317800
1993-03-311634818324
1993-04-301632718090
1993-05-311649718453
1993-06-301655418860
1993-07-311680019071
1993-08-311712019760
1993-09-301703619791
1993-10-311748819778
1993-11-301757419369
1993-12-311788519737
1994-01-311869220484
1994-02-281802019784
1994-03-311703919048
1994-04-301732019413
1994-05-311735419637
1994-06-301708619166
1994-07-311759619763
1994-08-311841320330
1994-09-301788219656
1994-10-311771119930
1994-11-301706019124
1994-12-311723119345
1995-01-311762019940
1995-02-281848120729
1995-03-311898521183
1995-04-301945921853
1995-05-312032622773
1995-06-302056223081
1995-07-312133723885
1995-08-312154024222
1995-09-302220025098
1995-10-312148524849
1995-11-302267226107
1995-12-312312226763
1996-01-312371227597
1996-02-292375027806
1996-03-312446028279
1996-04-302484628387
1996-05-312502628742
1996-06-302463228766
1996-07-312343427679
1996-08-312408528470
1996-09-302502129602
1996-10-312565030746
1996-11-302735332976
1996-12-312709132555
1997-01-312801534133
1997-02-282895534635
1997-03-312748333389
1997-04-302818034792
1997-05-312979236735
1997-06-303102638311
1997-07-313380041194
1997-08-313285139726
1997-09-303438042127
1997-10-313314840950
1997-11-303414542760
1997-12-313548344008
1998-01-313491843386
1998-02-283722746306
1998-03-313912949138
1998-04-303880349467
1998-05-313809948734
1998-06-303799149358
1998-07-313631748487
1998-08-313184941271
1998-09-303385943640
1998-10-313578347021
1998-11-303704849211
1998-12-313697250887
1999-01-313604351293
1999-02-283551850569
1999-03-313595351616
1999-04-304023756437
1999-05-314011555816
1999-06-304071857437
1999-07-313918855755
1999-08-313816853686
1999-09-303601551810
1999-10-313656954792
1999-11-303579054363
1999-12-313605554626
2000-01-313375652844
2000-02-293002548918
2000-03-313362254886
2000-04-303508954247
2000-05-313600954819
2000-06-303259552314
2000-07-313357252969
2000-08-313549955916
2000-09-303581256428
2000-10-313787957814
2000-11-303722455668
2000-12-313929558457
2001-01-314023358682
2001-02-284048757050
2001-03-313943755034
2001-04-304152357733
2001-05-314274459029
2001-06-304293857720
2001-07-314347457597
2001-08-314235155290
2001-09-303893951398
2001-10-313857850956
2001-11-304174853919
2001-12-314238755188
2002-01-314276254763
2002-02-284294954852
2002-03-314524957447
2002-04-304503555476
2002-05-314594455754
2002-06-304273552553
2002-07-313913247667
2002-08-313967948027
2002-09-303550142687
2002-10-313728845850
2002-11-304054448738
2002-12-313917446621
2003-01-313785345493
2003-02-283653144280
2003-03-313664944353
2003-04-303973248258
2003-05-314369751373
2003-06-304478352015
2003-07-314672452790
2003-08-314825653612
2003-09-304831553089
2003-10-315126356338
2003-11-305347457102
2003-12-315575260622
2004-01-315622761688
2004-02-295836363010
2004-03-315830462459
2004-04-305699860932
2004-05-315693961554
2004-06-305946163008
2004-07-315810262120
2004-08-315911363004
2004-09-306045063980
2004-10-316074765044
2004-11-306580068333
2004-12-316785170621
2005-01-316602669367
2005-02-286713371666
2005-03-316695470683
2005-04-306548869417
2005-05-316839071088
2005-06-306997571866
2005-07-317213073945
2005-08-317087073624
2005-09-307144074657
2005-10-316943072761
2005-11-307150075141
2005-12-317200875602
2006-01-317367378538
2006-02-287385979018
2006-03-317490880088
2006-04-307537082124
2006-05-317228580049
2006-06-307194680561
2006-07-317171782519
2006-08-317373283900
2006-09-307559285573
2006-10-317856988374
2006-11-308021290391
2006-12-318165792420
2007-01-318360093602
2007-02-288314792143
2007-03-318272693568
2007-04-308696997025
2007-05-3189107100525
2007-06-308586798176
2007-07-318093393636
2007-08-317986294685
2007-09-307953897937
2007-10-317963597948
2007-11-307463593161
2007-12-317287992260
2008-01-317291588565
2008-02-296605884854
2008-03-316473084216
2008-04-306889488321
2008-05-316914588181
2008-06-305833979740
2008-07-315843679452
2008-08-315876380802
2008-09-305124574866
2008-10-314209361905
2008-11-303740857466
2008-12-313861758264
2009-01-313355151564
2009-02-282914644675
2009-03-313355148494
2009-04-303883753693
2009-05-314162757013
2009-06-304199456592
2009-07-314572161224
2009-08-314955664426
2009-09-305077166915
2009-10-314917664867
2009-11-305156968524
2009-12-315172169736
2010-01-315084767775
2010-02-285293669914
2010-03-315726574466
2010-04-305893676393
2010-05-315384770113
2010-06-305031666166
2010-07-315449370646
2010-08-315088567623
2010-09-305597472869
2010-10-315760775056
2010-11-305699974659
2010-12-316184080549
2011-01-316385482372
2011-02-286529985410
2011-03-316514785749
2011-04-306651588032
2011-05-316476687102
2011-06-306400685316
2011-07-316199882487
2011-08-315732977339
2011-09-305288971494
2011-10-315928079680
2011-11-305820979267
2011-12-315906280864
2012-01-316227983923
2012-02-296526387268
2012-03-316758889855
2012-04-306716288939
2012-05-316212483724
2012-06-306464387880
2012-07-316443988790
2012-08-316651690718
2012-09-306788893597
2012-10-316820193138
2012-11-306722193099
2012-12-316997595022
2013-01-3173942101198
2013-02-2874933102651
2013-03-3179297106717
2013-04-3081994108331
2013-05-3184771111111
2013-06-3084136110132
2013-07-3189208116079
2013-08-3186853111675
2013-09-3089248114473
2013-10-3192122119486
2013-11-3095674122819
2013-12-3197651125930
2014-01-3194199121457
2014-02-2899497126710
2014-03-31102467129735
2014-04-30103109130968
2014-05-31104393132886
2014-06-30106199136357
2014-07-31103642134033
2014-08-31107879138959
2014-09-30105679136093
2014-10-31107105139150
2014-11-30109916142000
2014-12-31110530142871
2015-01-31105171137160
2015-02-28111932143797
2015-03-31110324141839
2015-04-30111932143165
2015-05-31113498144886
2015-06-30111396141993
2015-07-31112468142615
2015-08-31104758134122
2015-09-3099234130072
2015-10-31106655139887
2015-11-30107026140422
2015-12-31101726137402
2016-01-3195044130302
2016-02-2992789130269
2016-03-31102519139653
2016-04-30106486142587
2016-05-31107154144802
2016-06-30104022146054
2016-07-31107321150295
2016-08-31110244151453
2016-09-30110244151138
2016-10-31108324148798
2016-11-30119014157297
2016-12-31121439161228
2017-01-31123221162377
2017-02-28126447168212
2017-03-31126617166498
2017-04-30127169166186
2017-05-31128485166023
2017-06-30130947168737
2017-07-31132687170979
2017-08-31129376168988
2017-09-30135488173993
2017-10-31138205175256
2017-11-30139776180623
2017-12-31144016183259
2018-01-31152414190345
2018-02-28143456181255
2018-03-31139364178067
2018-04-30142767178655
2018-05-31142336179715
2018-06-30143671180160
2018-07-31149614187291
2018-08-31149916190059
2018-09-30150217190436
2018-10-31139149180575
2018-11-30139709185966
2018-12-31123177168109
2019-01-31138291181193
2019-02-28142369186983
2019-03-31141040188172
2019-04-30148353194846
2019-05-31136075182318
2019-06-30146890195406
2019-07-31148929197026
2019-08-31139621191232
2019-09-30145960198055
2019-10-31149018200823
2019-11-30154736207032
2019-12-31158568212727
2020-01-31150974208151
2020-02-29135517187992
2020-03-31100380155865
2020-04-30112916173388
2020-04-30112916173388
2020-05-31116735179330

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.

A Shares inception is 10/26/2001.  Returns shown for A 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 A Shares. Performance without sales charges would be lower if the sales charges were shown. Total returns with sales charges reflect the deduction of the current maximum initial sales charges of 5.25%.

You should consider the Hotchkis & Wiley Large 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.  The Fund may invest in foreign securities. Please read the fund prospectus for a full list of fund risks.

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.

©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 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.

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

Index definitions