# EDGAR Filing Document

**Accession Number:** 0001145022
**File Stem:** 0000894189-26-016938
**Filing Date:** 2026-6
**Character Count:** 38736
**Document Hash:** 048ea2970419c0931d5cacf8577aa658
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-016938.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000894189-26-016938

**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:** 261050883

**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 Disciplined Value Fund (Series ID: S000006212)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017123 | Class I      | HWCIX           |
| C000017124 | Class A      | HWCAX           |
| C000205766 | Class Z      |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Hotchkis & Wiley Large Cap Disciplined Value Fund** | **Hotchkis & Wiley Large Cap Disciplined Value Fund** | **Hotchkis & Wiley Large Cap Disciplined 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 - 97.8%** | **Shares**  | **Value**  |
| **Aerospace & Defense - 1.7%** | **Aerospace & Defense - 1.7%** | |
| Boeing Co. <sup>(a)</sup> | 3760 | $748353 |
| General Dynamics Corp. | 1700 | 583474 |
|  |  | 1331827 |
| **Air Freight & Logistics - 2.2%** | **Air Freight & Logistics - 2.2%** |  |
| FedEx Corp. | 4820 | 1716788 |
| **Automobile Components - 3.7%** | **Automobile Components - 3.7%** |  |
| Aptiv PLC <sup>(a)</sup> | 11600 | 805504 |
| BorgWarner, Inc. | 9170 | 497564 |
| Magna International, Inc. | 28070 | 1566587 |
|  |  | 2869655 |
| **Automobiles - 2.3%** | **Automobiles - 2.3%** |  |
| General Motors Co. | 23900 | 1780550 |
| **Banks - 10.9%** | **Banks - 10.9%** |  |
| Bank of America Corp. | 16400 | 799500 |
| Citigroup, Inc. | 20654 | 2342370 |
| Citizens Financial Group, Inc. | 6200 | 371814 |
| First Citizens BancShares, Inc. - Class A | 525 | 989446 |
| Truist Financial Corp. | 20040 | 921239 |
| US Bancorp | 32400 | 1685124 |
| Wells Fargo & Co. | 18200 | 1448902 |
|  |  | 8558395 |
| **Beverages - 1.0%** | **Beverages - 1.0%** |  |
| Constellation Brands, Inc. - Class A | 5300 | 795000 |
| **Capital Markets - 1.9%** | **Capital Markets - 1.9%** |  |
| State Street Corp. | 11900 | 1506064 |
| **Chemicals - 3.3%** | **Chemicals - 3.3%** |  |
| Olin Corp. | 25000 | 743250 |
| PPG Industries, Inc. | 17400 | 1859712 |
|  |  | 2602962 |
| **Communications Equipment - 7.5%** | **Communications Equipment - 7.5%** |  |
| F5, Inc. <sup>(a)</sup> | 12100 | 3500893 |
| Telefonaktiebolaget LM Ericsson - ADR <sup>(b)</sup> | 213950 | 2411217 |
|  |  | 5912110 |
| **Construction & Engineering - 0.4%** | **Construction & Engineering - 0.4%** |  |
| Fluor Corp. <sup>(a)</sup> | 7200 | 335880 |
| **Distributors - 0.7%** | **Distributors - 0.7%** |  |
| Genuine Parts Co. | 5400 | 571050 |
| **Electric Utilities - 0.8%** | **Electric Utilities - 0.8%** |  |
| PPL Corp. | 15570 | 594774 |
| **Electronic Equipment, Instruments & Components - 1.4%** | **Electronic Equipment, Instruments & Components - 1.4%** |  |
| CDW Corp. | 5100 | 617202 |
| TE Connectivity PLC | 2400 | 501648 |
|  |  | 1118850 |
| **Energy Equipment & Services - 2.7%** | **Energy Equipment & Services - 2.7%** |  |
| NOV, Inc. | 36500 | 686565 |
| SLB Ltd. | 27400 | 1408086 |
|  |  | 2094651 |
| **Financial Services - 2.6%** | **Financial Services - 2.6%** |  |
| Corebridge Financial, Inc. | 26300 | 627518 |
| Fidelity National Information Services, Inc. | 9740 | 456903 |
| Fiserv, Inc. <sup>(a)</sup> | 17080 | 953064 |
|  |  | 2037485 |
| **Food Products - 3.6%** | **Food Products - 3.6%** |  |
| Conagra Brands, Inc. | 18450 | 290034 |
| J M Smucker Co. | 6100 | 588284 |
| Kraft Heinz Co. | 46480 | 1045335 |
| Mondelez International, Inc. - Class A | 14900 | 858836 |
|  |  | 2782489 |
| **Ground Transportation - 0.8%** | **Ground Transportation - 0.8%** |  |
| Norfolk Southern Corp. | 2200 | 631400 |
| **Health Care Equipment & Supplies - 5.0%** | **Health Care Equipment & Supplies - 5.0%** |  |
| GE HealthCare Technologies, Inc. | 26412 | 1880006 |
| Medtronic PLC | 13482 | 1168215 |
| Zimmer Biomet Holdings, Inc. | 9440 | 853565 |
|  |  | 3901786 |
| **Health Care Providers & Services - 7.7%** | **Health Care Providers & Services - 7.7%** |  |
| Centene Corp. <sup>(a)</sup> | 8010 | 262248 |
| Cigna Group | 1300 | 346775 |
| CVS Health Corp. | 8120 | 583178 |
| Elevance Health, Inc. | 6460 | 1891165 |
| Humana, Inc. | 4700 | 814933 |
| Labcorp Holdings, Inc. | 3100 | 827111 |
| UnitedHealth Group, Inc. | 4900 | 1325891 |
|  |  | 6051301 |
| **Insurance - 3.5%** | **Insurance - 3.5%** |  |
| American International Group, Inc. | 28800 | 2167200 |
| Hartford Insurance Group, Inc. | 4500 | 608535 |
|  |  | 2775735 |
| **Interactive Media & Services - 1.1%** | **Interactive Media & Services - 1.1%** |  |
| Alphabet, Inc. - Class A | 3100 | 891436 |
| **IT Services - 0.7%** | **IT Services - 0.7%** |  |
| Cognizant Technology Solutions Corp. - Class A | 9500 | 582825 |
| **Machinery - 7.1%** | **Machinery - 7.1%** |  |
| CNH Industrial NV | 120700 | 1327700 |
| Cummins, Inc. | 1750 | 941535 |
| Deere & Co. | 1100 | 619630 |
| Fortive Corp. | 14500 | 801560 |
| PACCAR, Inc. | 9200 | 1062600 |
| Stanley Black & Decker, Inc. | 5700 | 405042 |
| Timken Co. | 4400 | 442508 |
|  |  | 5600575 |
| **Media - 4.9%** | **Media - 4.9%** |  |
| Comcast Corp. - Class A | 76500 | 2196315 |
| Omnicom Group, Inc. | 15200 | 1144712 |
| WPP PLC - ADR <sup>(b)</sup> | 34500 | 536475 |
|  |  | 3877502 |
| **Multi-Utilities - 2.5%** | **Multi-Utilities - 2.5%** |  |
| Dominion Energy, Inc. | 31100 | 1922602 |
| **Oil, Gas & Consumable Fuels - 9.0%** | **Oil, Gas & Consumable Fuels - 9.0%** |  |
| APA Corp. | 78600 | 3335784 |
| ConocoPhillips | 4569 | 603108 |
| Ovintiv, Inc. | 24500 | 1454320 |
| Shell PLC - ADR | 17862 | 1661166 |
|  |  | 7054378 |
| **Personal Care Products - 0.6%** | **Personal Care Products - 0.6%** |  |
| Unilever PLC - ADR | 8622 | 491195 |
| **Pharmaceuticals - 0.6%** | **Pharmaceuticals - 0.6%** |  |
| GSK PLC - ADR | 8340 | 460285 |
| **Software - 7.2%** | **Software - 7.2%** |  |
| Salesforce, Inc. | 10700 | 1997369 |
| Workday, Inc. - Class A <sup>(a)</sup> | 27900 | 3624768 |
|  |  | 5622137 |
| **Specialty Retail - 0.4%** | **Specialty Retail - 0.4%** |  |
| Lithia Motors, Inc. | 1100 | 274692 |
| **TOTAL COMMON STOCKS** (Cost $65,332,573) | **TOTAL COMMON STOCKS** (Cost $65,332,573) | 76746379 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 3.0%** | **Units**  | **Value**  |
| Mount Vernon Liquid Assets Portfolio, LLC, 3.78% <sup>(c)</sup> | 2404285 | 2404285 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $2,404,285) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $2,404,285) | 2404285 |
| **MONEY MARKET FUNDS - 2.3%** | **Shares**  | **Value**  |
| First American Government Obligations Fund - Class X, 3.58% <sup>(c)</sup> | 1783664 | 1783664 |
| **TOTAL MONEY MARKET FUNDS** (Cost $1,783,664) | **TOTAL MONEY MARKET FUNDS** (Cost $1,783,664) | 1783664 |
| **TOTAL INVESTMENTS - 103.1% (**Cost $69,520,522**)** | **TOTAL INVESTMENTS - 103.1% (**Cost $69,520,522**)** | 80934328 |
| Liabilities in Excess of Other Assets - (3.1)% | Liabilities in Excess of Other Assets - (3.1)% | (2436388) |
| **TOTAL NET ASSETS - 100.0%** |  | $78497940 |
| 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<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 $2,343,225.

(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 Disciplined 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 | $76746379 | $– | $– | $76746379 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 2404285 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1783664 | – | – | 1783664 |
| Total Investments | $78530043 | $– | $– | $80934328 |
| 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
 $2,404,285 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 Disciplined Value Fund

- **b. EDGAR series identifier (if any):** S000006212

- **c. LEI of Series:** 5493007W01C2UNVLIS15

**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:** $81044715.86

**Total Liabilities:** $2548306.55

**Net Assets:** $78496409.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017123 | 1.63%                | 1.97%                | -3.28%               |
| Class ID C000017124 | 1.59%                | 1.99%                | -3.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1544850.74              | $-267036.75                                |
| Month 2  | $1469199.31              | $46265.62                                  |
| Month 3  | $1475199.18              | $-4278052.85                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| APA Corp                                  | APA Corp                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     78600 | NS      | $3335784.00   | 4.25%             |  |  |  | No            | 1                  | On Loan: No      |
| CDW Corp/DE                               | CDW Corp/DE                                | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      5100 | NS      | $617202.00    | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Conagra Brands Inc                        | Conagra Brands Inc                         | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     18450 | NS      | $290034.00    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Lithia Motors Inc                         | Lithia Motors Inc                          | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |      1100 | NS      | $274692.00    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Labcorp Holdings Inc                      | Labcorp Holdings Inc                       | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3100 | NS      | $827111.00    | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Shell PLC                                 | Shell PLC                                  | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     17862 | NS      | $1661166.00   | 2.12%             |  |  |  | No            | 1                  | On Loan: No      |
| J M Smucker Co/The                        | J M Smucker Co/The                         | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |      6100 | NS      | $588284.00    | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Truist Financial Corp                     | Truist Financial Corp                      | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     20040 | NS      | $921238.80    | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Unilever PLC                              | Unilever PLC                               | CUSIP: 904767803<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |      8622 | NS      | $491195.34    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Ericsson                                  | Telefonaktiebolaget LM Ericsson            | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    213950 | NS      | $2411216.50   | 3.07%             |  |  |  | No            | 1                  | On Loan: —       |
| Fortive Corp                              | Fortive Corp                               | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     14500 | NS      | $801560.00    | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| General Dynamics Corp                     | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      1700 | NS      | $583474.00    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Hartford Insurance Group Inc/T            | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      4500 | NS      | $608535.00    | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| NOV Inc                                   | NOV Inc                                    | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |     36500 | NS      | $686565.00    | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| PPL Corp                                  | PPL Corp                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     15570 | NS      | $594774.00    | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| American International Group I            | American International Group Inc           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     28800 | NS      | $2167200.00   | 2.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of America Corp                      | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     16400 | NS      | $799500.00    | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CVS Health Corp                           | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      8120 | NS      | $583178.40    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Brands Inc                  | Constellation Brands Inc                   | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      5300 | NS      | $795000.00    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Cummins Inc                               | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      1750 | NS      | $941535.00    | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| FedEx Corp                                | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      4820 | NS      | $1716787.60   | 2.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information             | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |      9740 | NS      | $456903.40    | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| GE HealthCare Technologies Inc            | GE HealthCare Technologies Inc             | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     26412 | NS      | $1880006.16   | 2.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Genuine Parts Co                          | Genuine Parts Co                           | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      5400 | NS      | $571050.00    | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Humana Inc                                | Humana Inc                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      4700 | NS      | $814933.00    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Kraft Heinz Co/The                        | Kraft Heinz Co/The                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     46480 | NS      | $1045335.20   | 1.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Magna International Inc                   | Magna International Inc                    | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     28070 | NS      | $1566586.70   | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicom Group Inc                         | Omnicom Group Inc                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     15200 | NS      | $1144712.00   | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| WPP PLC                                   | WPP PLC                                    | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | GB        |     34000 | NS      | $528700.00    | 0.67%             |  |  |  | No            | 1                  | On Loan: —       |
| Alphabet Inc                              | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3100 | NS      | $891436.00    | 1.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Citizens Financial Group Inc              | Citizens Financial Group Inc               | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |      6200 | NS      | $371814.00    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Corebridge Financial Inc                  | Corebridge Financial Inc                   | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     26300 | NS      | $627518.00    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Zimmer Biomet Holdings Inc                | Zimmer Biomet Holdings Inc                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      9440 | NS      | $853564.80    | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Aptiv PLC                                 | Aptiv PLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     11600 | NS      | $805504.00    | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| TE Connectivity PLC                       | TE Connectivity PLC                        | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |      2400 | NS      | $501648.00    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| UnitedHealth Group Inc                    | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      4900 | NS      | $1325891.00   | 1.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Workday Inc                               | Workday Inc                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     27900 | NS      | $3624768.00   | 4.62%             |  |  |  | No            | 1                  | On Loan: No      |
| BorgWarner Inc                            | BorgWarner Inc                             | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      9170 | NS      | $497564.20    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Centene Corp                              | Centene Corp                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      8010 | NS      | $262247.40    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Dominion Energy Inc                       | Dominion Energy Inc                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     31100 | NS      | $1922602.00   | 2.45%             |  |  |  | No            | 1                  | On Loan: No      |
| F5 Inc                                    | F5 Inc                                     | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     12100 | NS      | $3500893.00   | 4.46%             |  |  |  | No            | 1                  | On Loan: No      |
| First Citizens BancShares Inc/            | First Citizens BancShares Inc/NC           | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       525 | NS      | $989446.50    | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| GSK PLC                                   | GSK PLC                                    | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |      8340 | NS      | $460284.60    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Norfolk Southern Corp                     | Norfolk Southern Corp                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      2200 | NS      | $631400.00    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                               | Ovintiv Inc                                | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     24500 | NS      | $1454320.00   | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| PACCAR Inc                                | PACCAR Inc                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      9200 | NS      | $1062600.00   | 1.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Medtronic PLC                             | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     13482 | NS      | $1168215.30   | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Elevance Health Inc                       | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      6460 | NS      | $1891165.00   | 2.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Deere & Co                                | Deere & Co                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1100 | NS      | $619630.00    | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Fiserv Inc                                | Fiserv Inc                                 | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     17080 | NS      | $953064.00    | 1.21%             |  |  |  | No            | 1                  | On Loan: No      |
| CNH Industrial NV                         | CNH Industrial NV                          | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | GB        |    120700 | NS      | $1327700.00   | 1.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Cognizant Technology Solutions            | Cognizant Technology Solutions Corp        | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |      9500 | NS      | $582825.00    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1783664 | NS      | $1783663.53   | 2.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Mondelez International Inc                | Mondelez International Inc                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     14900 | NS      | $858836.00    | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Olin Corp                                 | Olin Corp                                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     25000 | NS      | $743250.00    | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| PPG Industries Inc                        | PPG Industries Inc                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     17400 | NS      | $1859712.00   | 2.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Wells Fargo & Co                          | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     18200 | NS      | $1448902.00   | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce Inc                            | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     10700 | NS      | $1997369.00   | 2.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Stanley Black & Decker Inc                | Stanley Black & Decker Inc                 | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |      5700 | NS      | $405042.00    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Timken Co/The                             | Timken Co/The                              | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |      4400 | NS      | $442508.00    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Boeing Co/The                             | Boeing Co/The                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      3760 | NS      | $748352.80    | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Cigna Group/The                           | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      1300 | NS      | $346775.00    | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Inc                             | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     20654 | NS      | $2342370.14   | 2.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                              | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     76500 | NS      | $2196315.00   | 2.80%             |  |  |  | No            | 1                  | On Loan: No      |
| ConocoPhillips                            | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      4569 | NS      | $603108.00    | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Fluor Corp                                | Fluor Corp                                 | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |      7200 | NS      | $335880.00    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| General Motors Co                         | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     23900 | NS      | $1780550.00   | 2.27%             |  |  |  | No            | 1                  | On Loan: No      |
| SLB Ltd                                   | SLB Ltd                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     27400 | NS      | $1408086.00   | 1.79%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street Corp                         | State Street Corp                          | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     11900 | NS      | $1506064.00   | 1.92%             |  |  |  | No            | 1                  | On Loan: No      |
| US Bancorp                                | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     32400 | NS      | $1685124.00   | 2.15%             |  |  |  | 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        |   2404285 | NS      | $2404285.25   | 3.06%             |  |  |  | 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