International Value

Characteristics
As of 06/30/2019
TOP TEN STOCKS (%)1
BAE Systems PLC
4.7
CNH Industrial NV
4.7
Tokio Marine Holdings Inc.
3.8
Embraer SA
3.7
Royal Mail PLC
3.2
Hitachi Ltd.
3.1
Frank's International
3.0
Societe Generale SA
3.0
Cairn Energy PLC
2.9
Magna International Inc.
2.9
0% 1% 2% 3% 4% 5%
TOP TEN INDUSTRIES (%)1
Banks
14.8
Insurance
13.1
Aerospace & Defense
10.8
Machinery
7.2
Oil, Gas & Consumable Fuels
7.1
Electronic Equipment & Instruments
5.6
Pharmaceuticals
5.0
Energy Equipment & Services
4.9
Health Care Equipment & Supplies
3.4
Air Freight & Logistics
3.2
0% 3% 6% 9% 12% 15%
SECTOR BREAKDOWN (%)1
  Portfolio MSCI World ex-USA Index2
Financials 29.9 20.7
Industrials 21.9 13.9
Energy 12.0 7.2
Health Care 8.4 10.4
Information Technology 8.3 6.2
Consumer Staples 7.6 11.2
Consumer Discretionary 6.2 10.3
Communication Services 3.3 5.2
Materials 2.5 7.7
Utilities 0.0 3.6
Real Estate 0.0 3.6
STATISTICS
  Portfolio MSCI World ex-USA Index
Projected P/E (FY2) 10.0x 12.9x
Price/Normal Earnings 7.2x 13.5x
Price/Book 0.9x 1.6x
Price/Sales 0.7x 1.2x
Dividend Yield 3.3% 3.3%
Payout Yield 4.3% 4.2%
Weighted Average Market Capitalization (millions) $36,209 $67,442
Median Market Capitalization (millions) $17,915 $10,569

 

% of Total Portfolio
2 As of 3/31/19

Data source: Hotchkis & Wiley, Bloomberg

Information provided is based on a representative portfolio of the International Value strategy. Sector 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