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Address And Details

725 S. Figueroa St., 39th Fl , Los Angeles, CA 90017
Fund Manager George Davis
Manager Tenure 19 Years

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 4:56 PM ET 12/07/2021

Performance

  • 1 Week
  • -0.89%
  • 1 Month
  • -6.05%
  • 3 Months
  • +0.05%
  • 1 Yr Return
  • +28.51%
  • 5 Yr Return
  • +45.44%

Equity Sector Breakdown

Finance 28.46%
IndustrialCyclical 19.26%
Technology 17.87%
NonDurables 8.72%
RetailTrade 8.06%
Energy 7.91%
Health 3.08%
Utilities 2.22%
ConsumerDurables 0.49%
Services 0.36%

Asset Allocation

Asset Type % Of Allocation
Stocks 97.99%
ForeignStocks 19.45%
Preferred 0.10%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 409.45 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -5.96 -4.73 -2.32
Beta 1.18 1.17 1.14
R Squared 0.74 0.74 0.74
Std Deviation 25.31 20.93 17.28
Sharpe Ratio 0.77 0.80 n/a

Purchase Information

as of 5:05 PM ET 12/06/2021
Minimum Initial $250000
Minimum Additional $100
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +37.17%
  • +66.24%
+37.17% +66.24%
3 Year
  • +15.09%
  • +11.52%
+15.09% +11.52%
10 Year
  • +14.73%
  • +15.93%
+14.73% +15.93%
Life Of Fund
  • +12.66%
  • +12.77%
+12.66% +12.77%

Top 10 Holdings

Symbol Company Name % Of Assets
FFIV F5 NETWORKS INC 7.31%
GE GENERAL ELECTRIC CO 5.59%
UHAL AMERCO 5.12%
WFC WELLS FARGO & CO 5.04%
NOV NOV INC 4.43%
MSFT MICROSOFT CORP 3.87%
CSGN:SW CREDIT SUISSE GROUP AG 3.84%
AIG AMERICAN INTERNATIONAL GROUP 3.55%
RRC RANGE RESOURCES CORP 3.33%
TSM TRIPLE-S MANAGEMENT CORP 3.08%

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