Hotchkis & Wiley Opps Instl (HWAIX)

Fund Assets	980.48M
Expense Ratio	0.95%
Min. Investment	$250,000
Turnover	59.00%
Dividend (ttm)	0.46
Dividend Yield	1.02%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Jun 25, 2026

Previous Close	45.42
YTD Return	13.56%
1-Year Return	14.03%
5-Year Return	74.07%
52-Week Low	39.91
52-Week High	48.23
Beta (5Y)	1.27
Holdings	62
Inception Date	Dec 31, 2002

About HWAIX

Hotchkis & Wiley Value Opportunities Fund Institutional Class is a mutual fund designed to seek capital appreciation by investing primarily in undervalued companies across the full market capitalization spectrum. The fund maintains a dynamic portfolio of 45 to 75 issuers, with core holdings in equity securities such as common and preferred stocks, as well as convertible securities. It also allocates opportunistically to special situations, which can include bonds, preferred stock, and merger arbitrage opportunities. The portfolio is constructed using a fundamental, bottom-up value investing approach, aiming to exploit market inefficiencies and target companies whose potential is not fully recognized by the broader market. While the fund’s main focus is on equities, its flexibility allows for investments in both investment-grade and high-yield fixed income securities. As a non-diversified fund, it can take more concentrated positions, and it is benchmarked against broad value indices. The fund plays a significant role for institutional investors seeking diversified exposure to value-oriented opportunities throughout U.S. and select foreign markets, with an emphasis on capitalizing on misunderstood or underappreciated businesses in various sectors.

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

Performance

HWAIX had a total return of 14.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.27%.

Equivalent ETF

HWAIX 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 0.95% for HWAIX.

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

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VFMFX	Vanguard	Vanguard US Multifactor Admiral™	0.18%

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%
HWAAX	Class A	1.20%
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	$1.52141	Dec 4, 2025
Dec 5, 2024	$3.765	Dec 5, 2024
Dec 7, 2023	$3.0795	Dec 7, 2023
Dec 8, 2022	$0.80243	Dec 8, 2022
Dec 9, 2021	$4.82306	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

Data Sources Report a data error