Skip to Content
Morningstar

Hotchkis & Wiley High Yield C HWHCX

Morningstar Medalist Rating
Medalist Rating as of | See Hotchkis and Wiley Investment Hub
  • NAV / 1-Day Return 9.93  /  0.79 %
  • Total Assets 909.7 Mil
  • Adj. Expense Ratio
    1.700%
  • Expense Ratio 1.700%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.82%
  • Effective Duration 3.50 years

USD | NAV as of Oct 03, 2023 | 1-Day Return as of Oct 03, 2023, 9:53 PM GMT+0

Morningstar’s Analysis HWHCX

Will HWHCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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.

People Pillar

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.

Parent Pillar

The Parent Pillar is our rating of HWHCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy’s focus on smaller-cap high yield issuers helps it stand out.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Hotchkis & Wiley High Yield’s veteran portfolio managers and large fundamental research team drive this differentiated approach that focuses on debt of small- and mid-cap companies. The fund earns Morningstar Analyst Ratings of Silver and Bronze for its cheapest share classes and Neutral for its more expensive.

by Paul Olmsted
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HWHCX

More HWHCX Holdings
  • Current Portfolio Date
  • Equity Holdings 2
  • Bond Holdings 205
  • Other Holdings 9
  • % Assets in Top 10 Holdings 8.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Usd

4.62
41,680,649
Cash and Equivalents

Boardriders Pref Stk

1.19
10,772,299
Corporate

Virgin Media Sec Finance PLC 5.5%

1.09
9,863,695
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.375%

1.00
9,035,027
Corporate

Emerald Debt Merger Sub L.L.C. / Emerald Co-Issuer Inc 6.625%

0.89
8,019,700
Corporate

Iracore Investments Holdings

0.82
7,362,583
—

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

0.81
7,289,815
Corporate

Carnival Corporation 10.5%

0.74
6,684,938
Corporate

General Electric Company 8.882%

0.69
6,253,068
Corporate

Voc Escrow Ltd 5%

0.69
6,244,406
Corporate