Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.5%
1 yr return
25.5%
3 Yr Avg Return
9.8%
5 Yr Avg Return
13.1%
Net Assets
$646 M
Holdings in Top 10
39.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.21%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 76.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HWAAX - Profile
Distributions
- YTD Total Return 4.5%
- 3 Yr Annualized Total Return 9.8%
- 5 Yr Annualized Total Return 13.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.43%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHotchkis & Wiley Value Opportunities Fund
-
Fund Family NameHotchkis & Wiley
-
Inception DateDec 31, 2002
-
Shares Outstanding2463785
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGeorge Davis
Fund Description
HWAAX - Performance
Return Ranking - Trailing
Period | HWAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.5% | -3.2% | 13.0% | 74.58% |
1 Yr | 25.5% | -6.7% | 37.2% | 6.95% |
3 Yr | 9.8%* | -3.7% | 30.3% | 7.64% |
5 Yr | 13.1%* | -1.5% | 43.5% | 6.36% |
10 Yr | 8.5%* | 1.2% | 24.6% | 51.57% |
* Annualized
Return Ranking - Calendar
Period | HWAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.2% | -24.9% | 46.1% | 7.31% |
2022 | -10.3% | -64.7% | 4.6% | 34.55% |
2021 | 18.0% | -44.2% | 57.5% | 43.16% |
2020 | 2.6% | -23.2% | 285.0% | 23.12% |
2019 | 22.7% | -21.4% | 48.5% | 23.72% |
Total Return Ranking - Trailing
Period | HWAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.5% | -3.2% | 13.0% | 74.58% |
1 Yr | 25.5% | -6.7% | 37.2% | 6.95% |
3 Yr | 9.8%* | -3.7% | 30.3% | 7.64% |
5 Yr | 13.1%* | -1.5% | 43.5% | 6.36% |
10 Yr | 8.5%* | 1.2% | 24.6% | 51.57% |
* Annualized
Total Return Ranking - Calendar
Period | HWAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.4% | -15.9% | 46.7% | 1.58% |
2022 | -8.1% | -42.0% | 8.5% | 73.04% |
2021 | 34.1% | 3.6% | 129.7% | 3.58% |
2020 | 5.1% | -22.6% | 304.8% | 30.92% |
2019 | 25.2% | -12.7% | 52.1% | 54.31% |
NAV & Total Return History
HWAAX - Holdings
Concentration Analysis
HWAAX | Category Low | Category High | HWAAX % Rank | |
---|---|---|---|---|
Net Assets | 646 M | 1.09 M | 163 B | 55.25% |
Number of Holdings | 75 | 2 | 1683 | 53.83% |
Net Assets in Top 10 | 239 M | 420 K | 33.9 B | 48.52% |
Weighting of Top 10 | 39.03% | 4.8% | 99.9% | 17.42% |
Top 10 Holdings
- Telefonaktiebolaget LM Ericsson 6.70%
- F5 Inc 5.01%
- Arrow Electronics Inc 3.91%
- Elevance Health Inc 3.71%
- Medtronic PLC 3.66%
- Shell PLC 3.65%
- Siemens AG 3.38%
- Stagwell Inc 3.21%
- Popular Inc 3.03%
- Goldman Sachs Group Inc/The 2.76%
Asset Allocation
Weighting | Return Low | Return High | HWAAX % Rank | |
---|---|---|---|---|
Stocks | 96.47% | 1.86% | 108.42% | 81.39% |
Cash | 2.33% | -0.79% | 38.18% | 27.65% |
Other | 0.67% | -3.53% | 39.72% | 14.52% |
Bonds | 0.58% | -0.71% | 73.23% | 5.65% |
Preferred Stocks | 0.55% | 0.00% | 13.88% | 8.78% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 75.59% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HWAAX % Rank | |
---|---|---|---|---|
Technology | 23.42% | 0.00% | 54.02% | 3.77% |
Financial Services | 19.76% | 0.00% | 58.05% | 42.99% |
Energy | 17.00% | 0.00% | 54.00% | 2.98% |
Communication Services | 15.63% | 0.00% | 26.58% | 3.06% |
Industrials | 15.19% | 0.00% | 42.76% | 9.11% |
Consumer Cyclical | 6.32% | 0.00% | 22.74% | 41.24% |
Real Estate | 1.63% | 0.00% | 90.54% | 64.80% |
Consumer Defense | 1.03% | 0.00% | 34.10% | 98.25% |
Utilities | 0.00% | 0.00% | 27.04% | 96.50% |
Healthcare | 0.00% | 0.00% | 30.08% | 99.91% |
Basic Materials | 0.00% | 0.00% | 21.69% | 97.55% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HWAAX % Rank | |
---|---|---|---|---|
US | 89.41% | 1.86% | 108.42% | 90.43% |
Non US | 7.06% | 0.00% | 27.89% | 8.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HWAAX % Rank | |
---|---|---|---|---|
Corporate | 17.80% | 0.00% | 100.00% | 9.32% |
Cash & Equivalents | 2.33% | 0.00% | 100.00% | 27.07% |
Derivative | 0.67% | -3.53% | 6.97% | 2.70% |
Securitized | 0.00% | 0.00% | 40.38% | 74.89% |
Municipal | 0.00% | 0.00% | 0.02% | 74.89% |
Government | 0.00% | 0.00% | 100.00% | 75.53% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HWAAX % Rank | |
---|---|---|---|---|
US | 0.58% | -0.71% | 65.41% | 5.65% |
Non US | 0.00% | 0.00% | 7.82% | 74.61% |
HWAAX - Expenses
Operational Fees
HWAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.03% | 14.82% | 29.58% |
Management Fee | 0.75% | 0.00% | 1.50% | 86.52% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 50.42% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
HWAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.25% | 1.00% | 5.75% | 75.16% |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
HWAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HWAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 76.00% | 0.00% | 488.00% | 81.36% |
HWAAX - Distributions
Dividend Yield Analysis
HWAAX | Category Low | Category High | HWAAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.76% | 0.00% | 37.03% | 11.55% |
Dividend Distribution Analysis
HWAAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Monthly |
Net Income Ratio Analysis
HWAAX | Category Low | Category High | HWAAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.43% | -1.51% | 4.28% | 44.28% |
Capital Gain Distribution Analysis
HWAAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 07, 2023 | $2.994 | OrdinaryDividend |
Dec 08, 2022 | $0.759 | OrdinaryDividend |
Dec 30, 2020 | $0.102 | OrdinaryDividend |
Dec 10, 2020 | $0.620 | OrdinaryDividend |
Dec 13, 2018 | $0.224 | OrdinaryDividend |
Dec 14, 2017 | $0.450 | OrdinaryDividend |
Dec 09, 2016 | $0.515 | OrdinaryDividend |
Dec 12, 2014 | $0.358 | OrdinaryDividend |
Dec 13, 2013 | $0.178 | OrdinaryDividend |
Dec 14, 2012 | $0.325 | OrdinaryDividend |
Dec 17, 2010 | $0.188 | OrdinaryDividend |
Dec 18, 2009 | $0.254 | OrdinaryDividend |
Dec 19, 2008 | $0.065 | OrdinaryDividend |
Dec 12, 2003 | $0.005 | OrdinaryDividend |
HWAAX - Fund Manager Analysis
Managers
George Davis
Start Date
Tenure
Tenure Rank
Dec 31, 2002
19.43
19.4%
George Davis serves as Executive Chairman and portfolio manager on the Large Cap Fundamental Value and Large Cap Diversified Value portfolios. He is a member of the capital goods and financials sector teams. Prior to joining the firm in 1988, Mr. Davis was an assistant to the senior partner of RCM Capital Management. He began his career in equity research with internships at Cramer, Rosenthal & McGlynn and Fidelity Management & Research. Mr. Davis received his BA in Economics and History and MBA from Stanford University.
David Green
Start Date
Tenure
Tenure Rank
Dec 31, 2002
19.43
19.4%
David Green has been Principal and Portfolio Manager of Hotchkis & Wiley Capital Management, LLC since 1997. In his role as portfolio manager, Mr. Green plays an integral part in the investment research review and decision-making process. He coordinates the day-to-day management of Small Cap Value and Value Opportunities portfolios, represents these strategies to current and prospective clients, as well as provides expertise and insight into Special Situations. Prior to joining the firm, Mr. Green worked as a senior equity analyst with Goldman Sachs Asset Management on the Broad Market Value team. Before joining Goldman Sachs, he worked as an equity analyst with Prudential Investment Corporation where he began his investment career in 1990. Mr. Green's investment experience is focused primarily on analysis of publicly traded equities. Mr. Green, a CFA charterholder, received his BA in Economics with honors from the University of California, Berkeley and is a member of Phi Beta Kappa.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.07 | 16.42 |