Logo Mutual Funds DIVERSIFIED VALUE FUND Select Share Class I Shares Fund Ticker HWCIX Fund Style V B G L M S Fund Category Large Value Summary Performance & Expenses Portfolio Literature Fund Overview The Diversified Value Fund focuses on undervalued large cap stocks. The Fund relies on in-depth fundamental research to develop a portfolio of 50-80 companies that are under-earning due to temporary factors but we believe have the balance sheet, scale, and market position to improve their performance over time. As of 12/02/2021 NAV $ CHANGE % CHANGE 25.33 0.65 2.63 Fund Facts As of 10/31/2021 TICKER HWCIX Cusip 44134R768 Open To New Investors Yes Minimum Investment $250,000 Inception Date 08/30/2004 Net Expense Ratio* 0.80% Gross Expense Ratio* 1.03% Dividend Schedule Annual Size of Fund (millions) $102 * As of 06/30/2021 Portfolio Managers George Davis, Jr. 33 Years with H&W 37 Years of Industry Experience Scott McBride, CFA 19 Years with H&W 22 Years of Industry Experience Judd Peters, CFA 21 Years with H&W 24 Years of Industry Experience Patty McKenna, CFA 26 Years with H&W 35 Years of Industry Experience The Advisor has contractually agreed to waive advisory fees and/or reimburse expenses through August 31, 2022. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Investment return and principal value of the fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. Click quarter-end or month-end to obtain the most recent fund performance. You should consider the Hotchkis & Wiley Diversified Value Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by calling 800-796-5606. Read carefully before you invest. Mutual fund investing involves risk. Principal loss is possible. The Fund may invest in foreign securities. Please read the fund prospectus for a full list of fund risks. ©2021 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The Morningstar Style BoxTM reveals a fund’s investment strategy. For equity funds the vertical axis shows the market capitalization of the long stocks owned and the horizontal axis shows investment style (value, blend, or growth). A darkened square in the style box indicates the weighted average style of the portfolio. The Hotchkis & Wiley Funds are distributed by Quasar Distributors, LLC Index definitions Glossary of financial terms More Insights NOVEMBER 2021 George Davis Talks to Insider about H&W’s Investment Approach during COVID GO TO ARTICLE Online Privacy Policy Terms of Use Contact Us ©2021 Hotchkis & Wiley