Recent years have not been kind to its midsize and smaller issuers, but Hotchkis & Wiley High Yield's experienced management and analyst resources help support Morningstar Analyst Ratings of Silver and Bronze for its cheaper share classes; its others are rated Neutral.
Will HWHCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HWHCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the HWHCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of HWHCX’s parent organization’s priorities and whether they’re in line with investors’ interests.