Mutual Funds

Value Opportunities Fund

Select Share Class
a Shares
Fund Ticker
HWAAX
Fund Category
Allocation--85%+ Equity
Summary

Fund Overview

Value Opportunities is a dynamic Fund that holds 40-75 undervalued securities representing our best ideas across the market cap spectrum. While the majority of the portfolio is expected to be invested in equities, the Fund also invests opportunistically in special situations such as bonds, preferred stock and merger arbitrage.

As of 05/22/2020
NAV$ Change% Change
21.22-0.07-0.33

Fund Facts

As of 04/30/2020
TickerHWAAX
Cusip44134R792
Open To New InvestorsYes
Minimum Investment$2,500
Inception Date12/31/2002
Net Expense Ratio*n/a
Gross Expense Ratio*1.21%
Dividend ScheduleAnnual
Size of Fund (millions)$496
* As of 06/30/2019

Portfolio Managers

George Davis, Jr.
31 Years with H&W 35 Years of Industry Experience
David Green, CFA
22 Years with H&W 29 Years of Industry Experience

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. Click quarter-end or month-end to obtain the most recent fund performance.

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 Hotchkis & Wiley Funds are distributed by Quasar Distributors, LLC

Index definitions

Glossary of financial terms

More Insights

February 2020 Value Opportunities PM David Green Interviewed by Barron’s David Green talks about where he finds value and what makes H&W Value Opportunities distinct. Go to Article January 2019 What Drives Active Management Performance H&W wades into the active/passive debate with research findings on what drives performance in active equity management. Go to whitepaper April 2019 Value Investors George Davis and Scott McBride Interview CEO George Davis and President Scott McBride talk to Value Investor Insight about value investing today and where they see opportunity. Go to Interview