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Address And Details

725 S. Figueroa St., 39th Fl , Los Angeles, CA 90017
Fund Manager George Davis
Manager Tenure 18 Years 9 Months

Strategy And Objective

The Fund seeks capital appreciation. The Fund normally invests in equity securities, such as common stock, preferred stock and convertible securities, of any size market capitalization, and investment grade and high yield ( junk bonds ) fixed income securities. Hotchkis & Wiley Capital Management, LLC (the Advisor ) selects companies that it believes have strong capital appreciation potential. The Fund may invest in foreign (non-U.S.) securities. The Fund seeks to invest in companies whose future prospects are misunderstood or not fully recognized by the market. The Fund employs a fundamental value investing approach which seeks to exploit market inefficiencies created by irrational investor behavior. To identify these investment opportunities, the Fund employs a disciplined, bottom-up investment process highlighted by rigorous, internally-generated fundamental research. With the exception of diversification guidelines, the Fund does not employ predetermined rules for sales; rather, the Fund evaluates each sell candidate based on the candidate s specific risk and return characteristics which include: 1) relative valuation; 2) fundamental operating trends; 3) deterioration of fundamentals; and 4) diversification guidelines. The Advisor also may engage in active and frequent trading of the Fund s securities in order to achieve its investment objective.

Net Asset Value

as of 5:07 PM ET 05/20/2022

Performance

  • 1 Week
  • -0.69%
  • 1 Month
  • -11.09%
  • 3 Months
  • -8.76%
  • 1 Yr Return
  • -15.32%
  • 5 Yr Return
  • +12.39%

Equity Sector Breakdown

Finance 27.96%
Technology 24.56%
IndustrialCyclical 15.74%
Energy 9.02%
RetailTrade 7.07%
NonDurables 5.32%
Services 3.46%
Health 3.10%
Utilities 1.74%
ConsumerDurables n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 98.47%
ForeignStocks 18.17%
Preferred 0.11%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 22.14 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -3.26 -4.79 -2.83
Beta 1.11 1.12 1.10
R Squared 0.71 0.74 0.73
Std Deviation 24.59 21.41 17.52
Sharpe Ratio 0.53 0.48 n/a

Purchase Information

as of 5:22 PM ET 05/19/2022
Minimum Initial $2500
Minimum Additional $100
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • +0.06%
  • +14.23%
+0.06% +14.23%
3 Year
  • +10.36%
  • +16.06%
+10.36% +16.06%
10 Year
  • +11.24%
  • +12.31%
+11.24% +12.31%
Life Of Fund
  • +9.37%
  • +10.07%
+9.37% +10.07%

Top 10 Holdings

Symbol Company Name % Of Assets
FFIV F5 NETWORKS INC 8.08%
GE GENERAL ELECTRIC CO 5.56%
GOOG ALPHABET INC CLASS C 4.88%
MSFT MICROSOFT CORP 4.80%
BRK.A BERKSHIRE HATHAWAY INC CL A 4.46%
RRC RANGE RESOURCES CORP 3.99%
NOV NOV INC 3.97%
CS CREDIT SUISSE GROUP SPON ADR 3.58%
ARW ARROW ELECTRONICS INC 3.31%
WFC WELLS FARGO & CO 3.27%

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