The Hotchkis & Wiley High Yield Fund leverages its research team to differentiate itself with fundamental analysis on issues of small- and mid-cap companies. The strategy carries Morningstar Analyst ratings of Silver and Bronze for its cheapest share classes; its other share classes are rated Neutral.
Hotchkis & Wiley High Yield I HWHIX
NAV / 1-Day Return
10.32
/
0.08
%
Total Assets
866.3 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.700%
Expense Ratio
0.700%
Fee Level
Average
Longest Manager Tenure
13.15
years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
—Min. Initial Investment
250,000
Status
Open
TTM Yield
4.66%
Effective Duration
3.98
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HWHIX 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 HWHIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HWHIX 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 HWHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This high yield strategy offers a different take on credit investing.
