Morningstar

Hotchkis & Wiley High Yield Fund Class A HWHAX

Medalist Rating as of Apr 25, 2026 See Hotchkis and Wiley Investment Hub

Strategy

The investment seeks high current income combined with the opportunity for capital appreciation to maximize total return. The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in a diversified portfolio of high yield securities. It may invest up to 20% of its total assets in securities denominated in foreign currencies and may invest without limit in U.S. dollar-denominated securities of foreign issuers. The fund may invest up to 15% of its total assets in securities and instruments that are economically tied to emerging market countries.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HWHIX	Hotchkis & Wiley High Yield Fund Class I	Institutional	Open			Mar 31, 2009	$405.29M	0.700%	Average	$250,000	−$34.13M
HWHZX	Hotchkis & Wiley High Yield Fund Class Z	Institutional	Open			Mar 29, 2018	$268.96M	0.600%	Below Average	$1M	−$26.87M
HWHAX	Hotchkis & Wiley High Yield Fund Class A	Front Load	Open			May 29, 2009	$23.47M	0.940%	Below Average	$2,500	−$3.49M

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