Mutual Funds

Value Opportunities Fund

Fund Ticker
HWAAX
Fund Category
Allocation--85%+ Equity

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 12/31/2002
A shares (w/o sales charge)3.60-12.80-23.84-14.51-2.600.709.249.88
A shares-1.82-17.39-27.84-19.01-4.34-0.388.659.55
Russell 3000 Value Index3.39-5.14-16.36-2.522.164.129.618.02
 1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE 12/31/2002
A shares (w/o sales charge)-23.32-33.02-33.02-25.99-6.10-0.797.569.17
A shares-27.35-36.54-36.54-29.88-7.77-1.866.988.83
Russell 3000 Value Index-17.58-27.32-27.32-18.02-2.671.627.477.23

Calendar Year Performance

As of 05/31/2020
 2019201820172016201520142013201220112010
A SHARES25.23-11.1913.5719.15-3.589.8037.4229.26-7.3334.54

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

As of 05/31/2020
 HWAAXRussell 3000 Value Index
2002-12-311000010000
2003-01-31100109755
2003-02-2896409490
2003-03-3198209512
2003-04-301087010354
2003-05-311234011049
2003-06-301262011191
2003-07-311386011386
2003-08-311452011582
2003-09-301448011468
2003-10-311578012187
2003-11-301645012376
2003-12-311695913114
2004-01-311733913361
2004-02-291786013646
2004-03-311780013550
2004-04-301695913190
2004-05-311648813326
2004-06-301710913669
2004-07-311626813440
2004-08-311664813626
2004-09-301696913864
2004-10-311700914093
2004-11-301908114851
2004-12-311973915336
2005-01-311949815036
2005-02-281970915517
2005-03-311944815295
2005-04-301901514978
2005-05-311984015383
2005-06-302050315595
2005-07-312142716084
2005-08-312097515988
2005-09-302086516190
2005-10-311980915779
2005-11-302034216306
2005-12-312098916386
2006-01-312171517085
2006-02-282162017180
2006-03-312243017467
2006-04-302202017874
2006-05-312048517396
2006-06-302040117516
2006-07-311934917880
2006-08-312019018200
2006-09-302100018546
2006-10-312152619184
2006-11-302227219632
2006-12-312272320047
2007-01-312345420308
2007-02-282345419997
2007-03-312365920300
2007-04-302483421002
2007-05-312530221760
2007-06-302459521252
2007-07-312259820199
2007-08-312181020440
2007-09-302141121092
2007-10-312138821113
2007-11-302038320037
2007-12-312010519845
2008-01-311958119049
2008-02-291786818254
2008-03-311829018148
2008-04-302015619008
2008-05-312042419031
2008-06-301751017210
2008-07-311673117220
2008-08-311715217556
2008-09-301513316304
2008-10-311271713444
2008-11-301189912432
2008-12-311161212651
2009-01-311037611167
2009-02-2891279671
2009-03-311080110500
2009-04-301235911669
2009-05-311417412351
2009-06-301417412265
2009-07-311555113301
2009-08-311766313991
2009-09-301835814544
2009-10-311781714057
2009-11-301840914823
2009-12-311921515151
2010-01-311869114723
2010-02-282014515206
2010-03-312190116218
2010-04-302309316698
2010-05-312133715322
2010-06-301962114420
2010-07-312118015400
2010-08-311953014702
2010-09-302122015876
2010-10-312247716363
2010-11-302304016316
2010-12-312585217609
2011-01-312716117976
2011-02-282779618659
2011-03-312779618748
2011-04-302804819231
2011-05-312827319016
2011-06-302794218620
2011-07-312716118002
2011-08-312463416841
2011-09-302140615523
2011-10-312394617335
2011-11-302377417250
2011-12-312395517591
2012-01-312607618297
2012-02-292762618989
2012-03-312851019554
2012-04-302806119348
2012-05-312656618210
2012-06-302781719112
2012-07-312796619280
2012-08-312890419711
2012-09-302927120343
2012-10-312987020231
2012-11-302959820228
2012-12-313096420678
2013-01-313296722014
2013-02-283329822325
2013-03-313517223213
2013-04-303569023535
2013-05-313723224146
2013-06-303671323942
2013-07-313841425254
2013-08-313698724284
2013-09-303816924954
2013-10-313904826024
2013-11-304090626774
2013-12-314255027438
2014-01-314128726456
2014-02-284296627606
2014-03-314385928239
2014-04-304413628428
2014-05-314464428826
2014-06-304601529620
2014-07-314469029011
2014-08-314673830092
2014-09-304553729362
2014-10-314522930125
2014-11-304619930683
2014-12-314671830921
2015-01-314500229681
2015-02-284767731113
2015-03-314724030763
2015-04-304937730975
2015-05-314986431338
2015-06-304899030763
2015-07-314900630817
2015-08-314589429007
2015-09-304468328121
2015-10-314683630199
2015-11-304692030373
2015-12-314504429644
2016-01-314193328076
2016-02-293964828084
2016-03-314396130131
2016-04-304467030764
2016-05-314463131249
2016-06-304374531507
2016-07-314620732479
2016-08-314768432771
2016-09-304738832728
2016-10-314717232178
2016-11-305138634199
2016-12-315367035098
2017-01-315397135307
2017-02-285539636515
2017-03-315483436148
2017-04-305521636097
2017-05-315587835975
2017-06-305619936614
2017-07-315736337081
2017-08-315601836614
2017-09-305798537809
2017-10-315816638067
2017-11-305884839227
2017-12-316095239729
2018-01-316407441187
2018-02-286151039214
2018-03-315964938608
2018-04-306190338776
2018-05-316206839159
2018-06-306285439269
2018-07-316531440757
2018-08-316636941387
2018-09-306649341385
2018-10-316068339127
2018-11-306060040257
2018-12-315412936321
2019-01-316086739227
2019-02-286276240499
2019-03-316134640656
2019-04-306381342105
2019-05-316038739347
2019-06-306422442150
2019-07-316461242481
2019-08-316070741156
2019-09-306353942667
2019-10-316445343292
2019-11-306589144609
2019-12-316778745858
2020-01-316512944773
2020-02-295920640436
2020-03-314540133329
2020-04-304983237098
2020-05-315162838357

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.  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 Value Opportunities 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 is non-diversified and may invest in foreign securities, junk bonds, derivatives, or small/mid cap 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 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 Hotchkis & Wiley Funds are distributed by Quasar Distributors, LLC

Index definitions