Hotchkis & Wiley Value Opportunities Fund Class A (HWAAX)
Hotchkis & Wiley Value Opportunities Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $46.77, down 0.59% on the session, giving a market capitalisation of $915.9M. Its beta of 0.70 implies it has historically moved less than the broad market.
The fund's primary objective is to achieve substantial growth in capital. It strategically allocates investments across a broad spectrum of equity holdings, including common, preferred, and convertible stocks, irrespective of the company's market valuation. Additionally, it invests in fixed-income assets, ranging from high-quality investment-grade bonds to more speculative, higher-yielding debt instruments often referred to as "junk bonds." The fund actively seeks out companies whose future potential is either misjudged or not fully valued by the broader market. Utilizing a rigorous fundamental value investing strategy, it aims to capitalize on market inefficiencies that arise from illogical investor behavior. This particular fund operates as a non-diversified portfolio.
Hotchkis & Wiley Value Opportunities Fund Class A is most often compared with the following Financial Services names: