# EDGAR Filing Document

**Accession Number:** 0001145022
**File Stem:** 0000894189-26-016943
**Filing Date:** 2026-6
**Character Count:** 35835
**Document Hash:** 9a62f01f8476cbc02535ac9fa3aefacc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-016943.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000894189-26-016943

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOTCHKIS & WILEY FUNDS /DE/
- **CENTRAL INDEX KEY:** 0001145022

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10487
- **FILM NUMBER:** 261050889

**BUSINESS ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** 39TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017-5704
- **BUSINESS PHONE:** 2134301000

**MAIL ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** 39TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017-5704

## Series and Classes Contracts Data

### Hotchkis & Wiley Large Cap Fundamental Value Fund (Series ID: S000006213)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017126 | Class I      | HWLIX           |
| C000017127 | Class A      | HWLAX           |
| C000205767 | Class Z      | HWLZX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Hotchkis & Wiley Large Cap Fundamental Value Fund** | **Hotchkis & Wiley Large Cap Fundamental Value Fund** | **Hotchkis & Wiley Large Cap Fundamental Value Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 97.6%** | **Shares**  | **Value**  |
| **Aerospace & Defense - 0.8%** | **Aerospace & Defense - 0.8%** | |
| Huntington Ingalls Industries, Inc. | 7300 | $2773270 |
| **Air Freight & Logistics - 2.2%** | **Air Freight & Logistics - 2.2%** |  |
| FedEx Corp. | 21700 | 7729106 |
| **Automobile Components - 3.0%** | **Automobile Components - 3.0%** |  |
| Aptiv PLC <sup>(a)</sup> | 39900 | 2770656 |
| Magna International, Inc. | 142600 | 7958506 |
|  |  | 10729162 |
| **Automobiles - 2.4%** | **Automobiles - 2.4%** |  |
| General Motors Co. | 116900 | 8709050 |
| **Banks - 10.9%** | **Banks - 10.9%** |  |
| Bank of America Corp. | 73800 | 3597750 |
| Citigroup, Inc. | 98688 | 11192206 |
| Citizens Financial Group, Inc. | 40900 | 2452773 |
| Truist Financial Corp. | 137500 | 6320875 |
| US Bancorp | 157440 | 8188454 |
| Wells Fargo & Co. | 90300 | 7188783 |
|  |  | 38940841 |
| **Beverages - 0.8%** | **Beverages - 0.8%** |  |
| Constellation Brands, Inc. - Class A | 19100 | 2865000 |
| **Capital Markets - 1.9%** | **Capital Markets - 1.9%** |  |
| State Street Corp. | 54700 | 6922832 |
| **Chemicals - 3.9%** | **Chemicals - 3.9%** |  |
| Olin Corp. | 190700 | 5669511 |
| PPG Industries, Inc. | 78100 | 8347328 |
|  |  | 14016839 |
| **Communications Equipment - 7.4%** | **Communications Equipment - 7.4%** |  |
| F5, Inc. <sup>(a)</sup> | 53400 | 15450222 |
| Telefonaktiebolaget LM Ericsson - ADR <sup>(b)</sup> | 962100 | 10842867 |
|  |  | 26293089 |
| **Distributors - 0.7%** | **Distributors - 0.7%** |  |
| Genuine Parts Co. | 24200 | 2559150 |
| **Electric Utilities - 0.7%** | **Electric Utilities - 0.7%** |  |
| PPL Corp. | 68900 | 2631980 |
| **Electronic Equipment, Instruments & Components - 1.7%** | **Electronic Equipment, Instruments & Components - 1.7%** |  |
| CDW Corp. | 31000 | 3751620 |
| TE Connectivity PLC | 10700 | 2236514 |
|  |  | 5988134 |
| **Energy Equipment & Services - 2.8%** | **Energy Equipment & Services - 2.8%** |  |
| NOV, Inc. | 200800 | 3777048 |
| SLB Ltd. | 120400 | 6187356 |
|  |  | 9964404 |
| **Financial Services - 3.4%** | **Financial Services - 3.4%** |  |
| Corebridge Financial, Inc. | 126600 | 3020676 |
| Euronet Worldwide, Inc. <sup>(a)</sup> | 33600 | 2230032 |
| Fidelity National Information Services, Inc. | 52700 | 2472157 |
| Fiserv, Inc. <sup>(a)</sup> | 76800 | 4285440 |
|  |  | 12008305 |
| **Food Products - 3.4%** | **Food Products - 3.4%** |  |
| J M Smucker Co. | 38600 | 3722584 |
| Kraft Heinz Co. | 203800 | 4583462 |
| Mondelez International, Inc. - Class A | 66200 | 3815768 |
|  |  | 12121814 |
| **Ground Transportation - 1.0%** | **Ground Transportation - 1.0%** |  |
| Norfolk Southern Corp. | 12400 | 3558800 |
| **Health Care Equipment & Supplies - 5.2%** | **Health Care Equipment & Supplies - 5.2%** |  |
| GE HealthCare Technologies, Inc. | 137362 | 9777427 |
| Medtronic PLC | 71000 | 6152150 |
| Zimmer Biomet Holdings, Inc. | 29500 | 2667390 |
|  |  | 18596967 |
| **Health Care Providers & Services - 7.3%** | **Health Care Providers & Services - 7.3%** |  |
| Cigna Group | 8500 | 2267375 |
| CVS Health Corp. | 44830 | 3219691 |
| Elevance Health, Inc. | 34000 | 9953500 |
| Humana, Inc. | 21000 | 3641190 |
| UnitedHealth Group, Inc. | 25600 | 6927104 |
|  |  | 26008860 |
| **Insurance - 3.6%** | **Insurance - 3.6%** |  |
| American International Group, Inc. | 133200 | 10023300 |
| Hartford Insurance Group, Inc. | 19900 | 2691077 |
|  |  | 12714377 |
| **Interactive Media & Services - 1.1%** | **Interactive Media & Services - 1.1%** |  |
| Alphabet, Inc. - Class A | 13450 | 3867682 |
| **IT Services - 0.9%** | **IT Services - 0.9%** |  |
| Amdocs Ltd. | 51100 | 3334786 |
| **Machinery - 5.9%** | **Machinery - 5.9%** |  |
| CNH Industrial NV | 577500 | 6352500 |
| Cummins, Inc. | 9300 | 5003586 |
| PACCAR, Inc. | 47050 | 5434275 |
| Stanley Black & Decker, Inc. | 57400 | 4078844 |
|  |  | 20869205 |
| **Media - 5.4%** | **Media - 5.4%** |  |
| Comcast Corp. - Class A | 360300 | 10344213 |
| Omnicom Group, Inc. | 69800 | 5256638 |
| WPP PLC - ADR <sup>(b)</sup> | 223700 | 3478535 |
|  |  | 19079386 |
| **Multi-Utilities - 2.7%** | **Multi-Utilities - 2.7%** |  |
| Dominion Energy, Inc. | 153500 | 9489370 |
| **Oil, Gas & Consumable Fuels - 9.5%** | **Oil, Gas & Consumable Fuels - 9.5%** |  |
| APA Corp. | 410800 | 17434352 |
| ConocoPhillips | 23560 | 3109920 |
| Ovintiv, Inc. | 106680 | 6332525 |
| Shell PLC - ADR | 73772 | 6860796 |
|  |  | 33737593 |
| **Personal Care Products - 0.8%** | **Personal Care Products - 0.8%** |  |
| Unilever PLC - ADR | 49300 | 2808621 |
| **Pharmaceuticals - 1.1%** | **Pharmaceuticals - 1.1%** |  |
| GSK PLC - ADR | 70940 | 3915179 |
| **Software - 7.1%** | **Software - 7.1%** |  |
| Salesforce, Inc. | 47400 | 8848158 |
| Workday, Inc. - Class A <sup>(a)</sup> | 125700 | 16330944 |
|  |  | 25179102 |
| **TOTAL COMMON STOCKS** (Cost $299,473,588) | **TOTAL COMMON STOCKS** (Cost $299,473,588) | 347412904 |
| **REAL ESTATE INVESTMENT TRUSTS - 0.4%** | **Shares**  | **Value**  |
| **Health Care REITs - 0.4%** | **Health Care REITs - 0.4%** |  |
| Alexandria Real Estate Equities, Inc. | 33800 | 1568996 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $1,856,229) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $1,856,229) | 1568996 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 3.3%** | **Units**  | **Value**  |
| Mount Vernon Liquid Assets Portfolio, LLC, 3.78% <sup>(c)</sup> | 11649455 | 11649455 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $11,649,455) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $11,649,455) | 11649455 |
| **MONEY MARKET FUNDS - 2.0%** | **Shares**  | **Value**  |
| First American Government Obligations Fund - Class X, 3.58% <sup>(c)</sup> | 7192948 | 7192948 |
| **TOTAL MONEY MARKET FUNDS** (Cost $7,192,948) | **TOTAL MONEY MARKET FUNDS** (Cost $7,192,948) | 7192948 |
| **TOTAL INVESTMENTS - 103.3% (**Cost $320,172,220**)** | **TOTAL INVESTMENTS - 103.3% (**Cost $320,172,220**)** | 367824303 |
| Liabilities in Excess of Other Assets - (3.3)% | Liabilities in Excess of Other Assets - (3.3)% | (11768676) |
| **TOTAL NET ASSETS - 100.0%** |  | $356055627 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| ADR - American Depositary Receipt |
| LLC - Limited Liability Company |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust<br>|
| The Global Industry Classification Standard (GICS<sup>®</sup>) was developed by MSCI, an independent provider of global indices and benchmark-related products and services, and Standard & Poor's (S&P), an independent international financial data and investment services company. The GICS methodology has been widely accepted as an industry analysis framework for investment research, portfolio management and asset allocation. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries. Each stock that is classified will have a coding at all four of these levels. |

---

(a) Non-income producing security.

(b) All or a portion of this security is on loan as of March 31, 2026. The fair value of these securities was $11,374,707.

(c) The rate shown represents the 7-day annualized yield as of March 31, 2026.

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Hotchkis & Wiley Large Cap Fundamental Value Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $347412904 | $– | $– | $347412904 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | 1568996 | – | – | 1568996 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 11649455 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 7192948 | – | – | 7192948 |
| Total Investments | $356174848 | $– | $– | $367824303 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of
 $11,649,455 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** HOTCHKIS & WILEY FUNDS/DE/

- **b. Investment Company Act file number:** 811-10487

- **c. CIK number of Registrant:** 0001145022

- **d. LEI of Registrant:** 549300DFU8YF1PWZ5A57

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 601 South Figueroa Street

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90017-5704

  - **Telephone number:** 213-430-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Hotchkis and Wiley Large Cap Fundamental Value Fund

- **b. EDGAR series identifier (if any):** S000006213

- **c. LEI of Series:** 549300HNN8YC6W6I7M17

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $368334313.33

**Total Liabilities:** $12223051.10

**Net Assets:** $356111262.23

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017126 | 1.71%                | 1.88%                | -3.15%               |
| Class ID C000017127 | 1.70%                | 1.85%                | -3.15%               |
| Class ID C000205767 | 1.74%                | 1.86%                | -3.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8639923.57              | $-2560668.58                               |
| Month 2  | $4979964.63              | $1211369.27                                |
| Month 3  | $2965644.94              | $-15123273.57                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                      | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Alexandria Real Estate Equitie            | Alexandria Real Estate Equities Inc        | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     33800 | NS      | $1568996.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of America Corp                      | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     73800 | NS      | $3597750.00   | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Euronet Worldwide Inc                     | Euronet Worldwide Inc                      | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     33600 | NS      | $2230032.00   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| GSK PLC                                   | GSK PLC                                    | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     70940 | NS      | $3915178.60   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Magna International Inc                   | Magna International Inc                    | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    142600 | NS      | $7958506.00   | 2.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Stanley Black & Decker Inc                | Stanley Black & Decker Inc                 | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     57400 | NS      | $4078844.00   | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Workday Inc                               | Workday Inc                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    125700 | NS      | $16330944.00  | 4.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Amdocs Ltd                                | Amdocs Ltd                                 | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | US        |     51100 | NS      | $3334786.00   | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| American International Group I            | American International Group Inc           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    133200 | NS      | $10023300.00  | 2.81%             |  |  |  | No            | 1                  | On Loan: No      |
| CDW Corp/DE                               | CDW Corp/DE                                | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     31000 | NS      | $3751620.00   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                              | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    360300 | NS      | $10344213.00  | 2.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Brands Inc                  | Constellation Brands Inc                   | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     19100 | NS      | $2865000.00   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Corebridge Financial Inc                  | Corebridge Financial Inc                   | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    126600 | NS      | $3020676.00   | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Cummins Inc                               | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      9300 | NS      | $5003586.00   | 1.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information             | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     52700 | NS      | $2472157.00   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Hartford Insurance Group Inc/T            | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     19900 | NS      | $2691077.00   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Kraft Heinz Co/The                        | Kraft Heinz Co/The                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    203800 | NS      | $4583462.00   | 1.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Mondelez International Inc                | Mondelez International Inc                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     66200 | NS      | $3815768.00   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| NOV Inc                                   | NOV Inc                                    | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    200800 | NS      | $3777048.00   | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Norfolk Southern Corp                     | Norfolk Southern Corp                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     12400 | NS      | $3558800.00   | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                               | Ovintiv Inc                                | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |    106680 | NS      | $6332524.80   | 1.78%             |  |  |  | No            | 1                  | On Loan: No      |
| PPL Corp                                  | PPL Corp                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     68900 | NS      | $2631980.00   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| J M Smucker Co/The                        | J M Smucker Co/The                         | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     38600 | NS      | $3722584.00   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Truist Financial Corp                     | Truist Financial Corp                      | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    137500 | NS      | $6320875.00   | 1.77%             |  |  |  | No            | 1                  | On Loan: No      |
| US Bancorp                                | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    157440 | NS      | $8188454.40   | 2.30%             |  |  |  | No            | 1                  | On Loan: No      |
| UnitedHealth Group Inc                    | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     25600 | NS      | $6927104.00   | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| WPP PLC                                   | WPP PLC                                    | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | GB        |    220900 | NS      | $3434995.00   | 0.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Wells Fargo & Co                          | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     90300 | NS      | $7188783.00   | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| F5 Inc                                    | F5 Inc                                     | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     53400 | NS      | $15450222.00  | 4.34%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street Corp                         | State Street Corp                          | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     54700 | NS      | $6922832.00   | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Elevance Health Inc                       | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     34000 | NS      | $9953500.00   | 2.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Cigna Group/The                           | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      8500 | NS      | $2267375.00   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Dominion Energy Inc                       | Dominion Energy Inc                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    153500 | NS      | $9489370.00   | 2.66%             |  |  |  | No            | 1                  | On Loan: No      |
| CNH Industrial NV                         | CNH Industrial NV                          | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | GB        |    577500 | NS      | $6352500.00   | 1.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc                              | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     13450 | NS      | $3867682.00   | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| APA Corp                                  | APA Corp                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    410800 | NS      | $17434352.00  | 4.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Citizens Financial Group Inc              | Citizens Financial Group Inc               | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     40900 | NS      | $2452773.00   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| ConocoPhillips                            | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     23560 | NS      | $3109920.00   | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| CVS Health Corp                           | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     44830 | NS      | $3219690.60   | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Inc                             | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     98688 | NS      | $11192206.08  | 3.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Fiserv Inc                                | Fiserv Inc                                 | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     76800 | NS      | $4285440.00   | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Ericsson                                  | Telefonaktiebolaget LM Ericsson            | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    962100 | NS      | $10842867.00  | 3.04%             |  |  |  | No            | 1                  | On Loan: —       |
| First American Government Obli            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   7192948 | NS      | $7192948.17   | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| GE HealthCare Technologies Inc            | GE HealthCare Technologies Inc             | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |    137362 | NS      | $9777427.16   | 2.75%             |  |  |  | No            | 1                  | On Loan: No      |
| General Motors Co                         | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    116900 | NS      | $8709050.00   | 2.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Humana Inc                                | Humana Inc                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     21000 | NS      | $3641190.00   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Ingalls Industries             | Huntington Ingalls Industries Inc          | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      7300 | NS      | $2773270.00   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Olin Corp                                 | Olin Corp                                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    190700 | NS      | $5669511.00   | 1.59%             |  |  |  | No            | 1                  | On Loan: No      |
| PPG Industries Inc                        | PPG Industries Inc                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     78100 | NS      | $8347328.00   | 2.34%             |  |  |  | No            | 1                  | On Loan: No      |
| PACCAR Inc                                | PACCAR Inc                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     47050 | NS      | $5434275.00   | 1.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Shell PLC                                 | Shell PLC                                  | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     73772 | NS      | $6860796.00   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce Inc                            | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     47400 | NS      | $8848158.00   | 2.48%             |  |  |  | No            | 1                  | On Loan: No      |
| SLB Ltd                                   | SLB Ltd                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    120400 | NS      | $6187356.00   | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Zimmer Biomet Holdings Inc                | Zimmer Biomet Holdings Inc                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     29500 | NS      | $2667390.00   | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Aptiv PLC                                 | Aptiv PLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     39900 | NS      | $2770656.00   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Medtronic PLC                             | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     71000 | NS      | $6152150.00   | 1.73%             |  |  |  | No            | 1                  | On Loan: No      |
| FedEx Corp                                | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     21700 | NS      | $7729106.00   | 2.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Genuine Parts Co                          | Genuine Parts Co                           | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     24200 | NS      | $2559150.00   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicom Group Inc                         | Omnicom Group Inc                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     69800 | NS      | $5256638.00   | 1.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Unilever PLC                              | Unilever PLC                               | CUSIP: 904767803<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     49300 | NS      | $2808621.04   | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| TE Connectivity PLC                       | TE Connectivity PLC                        | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |     10700 | NS      | $2236514.00   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  11649455 | NS      | $11649455.00  | 3.27%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** HOTCHKIS & WILEY FUNDS/DE/

**Signature:** /s/ James Menvielle

**Name of Signer:** James Menvielle

**Title:** Treasurer / Principal Financial Officer