Mutual Funds

Small Cap Diversified Value Fund

Select Share Class
Fund Ticker
HWVIX
Fund Style
V B G
L M S
Fund Category
Small Value

Expenses

As of 06/30/2020
ANNUAL EXPENSES 
Net Expense Ratio0.80%
Gross Expense Ratio0.92%
Management Fee0.65%
12b-1 FeeNone
As of 09/30/2020
MINIMUM INVESTMENT 
Minimum Investment$250,000
Minimum Subsequent Investment$100
Fiscal Year EndJune 30
Open To New InvestorsYes

The Advisor has contractually agreed to waive advisory fees and/or reimburse expenses through August 31, 2021.

You should consider the Hotchkis & Wiley Small Cap Diversified 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 smaller and/or newer companies involves greater risks than those associated with investing in larger companies.  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 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