# EDGAR Filing Document

**Accession Number:** 0001145022
**File Stem:** 0000894189-26-007437
**Filing Date:** 2026-3
**Character Count:** 3169
**Document Hash:** 5069353f09d94355207210746d67f035
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-007437.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0000894189-26-007437

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**EFFECTIVENESS DATE**: 20260302

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-68740
- **FILM NUMBER:** 26708455

**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 Name | Ticker Symbol | Class ID   |
| Class I    | HWCIX         | C000017123 |
| Class A    | HWCAX         | C000017124 |
| Class Z    | nan           | C000205766 |

---

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

---

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

---

## 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      |  |

### 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           |

**HOTCHKIS AND WILEY FUNDS**

Class I, Class A, and Class Z Shares of the

**Hotchkis & Wiley Large Cap Disciplined Value Fund**

**Hotchkis & Wiley Large Cap Fundamental Value Fund**

(the "Funds")

*Supplement dated March 2, 2026 to the*

*Prospectuses, Summary Prospectuses, and Statement of Additional Information (the "SAI"),*

*<u>each dated August 29, 2025</u>*

Patricia McKenna has announced her intention to retire from Hotchkis and Wiley Capital Management, LLC. As such, effective August 1, 2026, Ms. McKenna will no longer serve as a portfolio manager for the Funds. George Davis, Jr., Scott McBride and Doug Campbell will continue to serve as portfolio managers for the Funds.

Accordingly, effective August 1, 2026, all references to Ms. McKenna in the Prospectuses, Summary Prospectuses and SAI are deleted in their entirety.

**This Supplement should be retained with your Prospectuses, Summary Prospectuses and SAI for future reference.**

<br>