International Value


As of 06/30/2022
Continental Europe44.0%
United Kingdom25.3%
As of 06/30/2022
TOP TEN HOLDINGS (%)1Portfolio
Tokio Marine Hldgs Inc.3.9
BAE Systems PLC3.7
BNP Paribas SA3.3
ING Groep N.V.3.3
Accor SA3.2 Inc.3.0
Kosmos Energy Ltd.3.0
Royal Mail PLC2.9
Airbus SE2.8
As of 06/30/2022
Consumer Discretionary11.51.1
Information Technology6.6-1.0
Communication Services3.7-1.1
Consumer Staples8.9-1.2
Real Estate0.0-2.6
Health Care4.9-7.4
As of 06/30/2022
Portfolio CharacteristicsPortfolioMSCI World ex-USA
Price/Normal Earnings7.6x12.9x
Forward Price/Earnings (fiscal year)8.4x11.2x
Dividend Yield3.7%3.2%
Payout Yield4.2%4.1%
Weighted Avg Market Cap ($M)$36,767$71,572
Median Market Cap ($M)$23,574$11,987
Number of Securities53887
Turnover (5 Yr Avg)31% 
Active Share (5 Yr Avg)93 

1 % of Total Portfolio
2 As of 6/30/22

Data source: Hotchkis & Wiley, Bloomberg

Information provided is based on a representative portfolio of the International Value strategy. Portfolio allocations, sector 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 Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s Financial Services, LLC (“S&P”) and is licensed for use by Hotchkis & Wiley (“H&W”). All rights reserved. Neither S&P nor MSCI is liable for any errors or delays in this report, or for any actions taken in reliance on any information contained herein. 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.

All investments contain risk and may lose value. Investing in foreign as well as emerging markets involves additional risk such as greater volatility, political, economic, and currency risks and differences in accounting methods. Investing in value stocks presents the risk that value stocks may fall out of favor with investors and underperform growth stocks during given periods.

Index definitions

Glossary of financial terms