| TOP TEN HOLDINGS (%)1 | Portfolio |
|---|
| Ericsson | 8.2 |
| F5 Inc. | 8.1 |
| Microsoft Corp. | 5.4 |
| Shell PLC | 4.8 |
| Elevance Health Inc. | 4.6 |
| Stagwell Inc. | 3.9 |
| Popular Inc. | 3.0 |
| U-Haul Holding Company | 2.9 |
| General Electric Co. | 2.7 |
| Wells Fargo & Co. | 2.6 |
| SECTOR ALLOCATION (%)1 | PORTFOLIO | COMPARED TO RUSSELL 3000 VALUE2 |
|---|
| Information Technology | 26.7 | 17.8 |
| Energy | 13.6 | 5.6 |
| Communication Services | 9.8 | 4.8 |
| Miscellaneous | 0.3 | 0.3 |
| Industrials | 13.2 | -0.3 |
| Materials | 3.6 | -1.3 |
| Consumer Discretionary | 3.7 | -1.9 |
| Financials | 17.5 | -2.8 |
| Utilities | 0.0 | -5.1 |
| Real Estate | 0.0 | -5.2 |
| Consumer Staples | 2.5 | -5.5 |
| Health Care | 7.0 | -8.5 |
| Portfolio Characteristics | Portfolio | Russell 3000 Value |
|---|
| Price/Normal Earnings | 7.7x | 14.9x |
| Forward Price/Earnings (fiscal year) | 9.7x | 13.7x |
| Price/Book | 1.6x | 2.2x |
| Weighted Avg Market Cap ($M) | $226,429 | $120,869 |
| Median Market Cap ($M) | $10,366 | $1,915 |
| Number of Issuers | 54 | 2,302 |
| Turnover (5 Yr Avg) | 70% | |
| Active Share (5 Yr Avg) | 93 | |
1 % of total portfolio includes total investments, cash and cash equivalents, and accrued investment income on a trade date basis.
2 As of 6/30/23
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.
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. Russell Investment Group is the source and owner of the Russell Index data contained herein (and all trademarks related thereto), which may not be redistributed. The information herein is not approved by Russell. H&W and Russell sectors are based on the Global Industry Classification Standard by MSCI and S&P.
©2023 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
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