Hotchkis & Wiley Opportunities Fund Class A (HWAAX)

Fund Assets	980.48M
Expense Ratio	1.20%
Min. Investment	$2,500
Turnover	59.00%
Dividend (ttm)	0.32
Dividend Yield	0.71%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Jun 25, 2026

Previous Close	45.36
YTD Return	13.34%
1-Year Return	13.72%
5-Year Return	71.95%
52-Week Low	39.81
52-Week High	48.19
Beta (5Y)	0.90
Holdings	62
Inception Date	Dec 31, 2002

About HWAAX

The Hotchkis & Wiley Value Opportunities Fund Class A is an actively managed mutual fund that focuses on identifying undervalued companies across the market capitalization spectrum. While it is classified within the mid-cap value category, the fund maintains an opportunistic multi-cap approach, allocating assets to 45–75 issuers that represent the managers' highest-conviction investment ideas. The portfolio is predominantly composed of U.S. equities but is flexible enough to include select foreign securities, bonds, preferred stocks, and special situations such as merger arbitrage. The fund is non-diversified, allowing for concentrated positions and greater flexibility in pursuing unique opportunities. It seeks to invest in companies with future prospects the managers believe are misunderstood or not fully recognized by the market, employing a fundamental, research-driven process. The fund plays a role in providing investors with access to potential long-term capital appreciation through disciplined value investing, with holdings spanning diverse sectors such as technology, industrials, consumer defensive, healthcare, and energy.

• Fund Family: Hotchkis & Wiley
• Category: Mid-Cap Value
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: HWAAX
• Share Class: Class A
• Index: Russell 3000 TR

Performance

HWAAX had a total return of 13.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.20%.

Equivalent ETF

HWAAX has an equivalent ETF with the ticker symbol HWO, the Hotchkis & Wiley Opportunities Fund ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.90% compared to 1.20% for HWAAX.

Symbol	Name	Expense Ratio
HWO	Hotchkis & Wiley Opportunities Fund ETF	0.90%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HWAZX	Class Z	0.86%
HWAIX	Class I	0.95%
HWACX	Class C	1.93%

Top 10 Holdings

45.52% of assets

Name	Symbol	Weight
Workday, Inc.	WDAY	8.87%
Telefonaktiebolaget LM Ericsson (publ)	ERIC	5.47%
Microsoft Corporation	MSFT	5.40%
Aptiv PLC	APTV	4.18%
CDW Corporation	CDW	4.07%
SLM Corporation	SLM	3.80%
Fuso Chemical Co.,Ltd.	4368	3.74%
Dominion Energy, Inc.	D	3.49%
APA Corporation	APA	3.39%
PPG Industries, Inc.	PPG	3.10%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 25, 2026	$1.190	Jun 25, 2026
Dec 4, 2025	$1.38058	Dec 4, 2025
Dec 5, 2024	$3.67187	Dec 5, 2024
Dec 7, 2023	$2.99369	Dec 7, 2023
Dec 8, 2022	$0.75915	Dec 8, 2022
Dec 9, 2021	$4.73257	Dec 9, 2021

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 3, 2026

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