Global Value

Characteristics
As of 09/30/2019
ASSET ALLOCATION (%)
U.S. Stocks 52.2
Non-U.S. Stocks 46.7
Cash & Equivalents 1.1
TOP TEN STOCKS (%)1
General Electric Co.
4.7
Wells Fargo & Co.
4.3
American International Group Inc.
4.2
Goldman Sachs Group Inc.
3.7
Microsoft Corp.
3.4
BAE Systems PLC
3.0
Oracle Corp.
2.9
CNH Industrial NV
2.7
Seritage Growth Properties
2.6
Hewlett Packard Enterprise
2.5
0% 1% 2% 3% 4% 5%
TOP FIVE COUNTRIES (%)
United States 52.2
United Kingdom 17.8
France 5.1
Japan 5.0
Netherlands 4.2
TOP TEN INDUSTRIES (%)1
Banks
17.3
Insurance
8.2
Machinery
6.6
Software
6.2
Aerospace & Defense
5.6
Capital Markets
5.4
Oil, Gas & Consumable Fuels
4.8
Industrial Conglomerates
4.7
Automobiles
3.7
Electronic Equipment & Instruments
3.5
0% 4% 8% 12% 16% 20%
SECTOR BREAKDOWN (%)1
  Portfolio MSCI World Index2
Financials 31.0 15.7
Industrials 21.7 11.1
Information Technology 13.6 16.5
Consumer Discretionary 8.4 10.5
Energy 8.1 5.2
Health Care 5.0 12.4
Communication Services 4.6 8.4
Consumer Staples 3.9 8.8
Real Estate 2.6 3.4
Utilities 0.0 3.6
Materials 0.0 4.4
STATISTICS
  Portfolio MSCI World Index
Projected P/E (FY2) 10.3x 15.1x
Price/Normal Earnings 7.2x 16.5x
Price/Book 1.1x 2.3x
Price/Sales 0.8x 1.7x
Dividend Yield 2.9% 2.4%
Payout Yield 5.6% 4.5%
Weighted Average Market Capitalization (millions) $87,866 $172,785
Median Market Capitalization (millions) $27,666 $13,189
REGIONAL BREAKDOWN (%)1
Portfolio
MSCI World Index
0%
10%
20%
30%
40%
50%
60%
70%
United States
Continental Europe
Japan
United Kingdom
Pacific ex Japan
Canada
Emerging Market
Middle East
Other
52.2
62.6
19.5
15.9
5.0
8.3
17.8
5.0
0.0
4.2
2.5
3.5
1.8
0.2
0.0
0.2
0.0
0.2

 

% of Total Portfolio
2 As of 9/30/19

Data source: Hotchkis & Wiley, Bloomberg

Information provided is based on a representative portfolio of the Global Value strategy. Sector, country, regional and/or industry weights, statistics, and holdings may vary due to different restrictions, cash flows, and other relevant considerations. Top ten holdings identified do not represent all of the securities purchased, sold, or recommended for advisory clients, and may not be indicative of current or future holdings or trading activity. Securities shown in aggregate may represent only a limited portion of an account’s portfolio holdings.  No assumptions should be made that companies identified, or all investment decisions were, or will be profitable. A complete list of portfolio holdings is available upon request. Statistics presented may be based on proprietary or third-party estimates, which are subject to change and cannot be guaranteed. The strategy invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. 

MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed, or produced by MSCI. See Index definitions for full disclaimer.

Index definitions

Glossary of financial terms