Hotchkis & Wiley High Yield Fund (HWHIX)
The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in a diversified portfolio of high yield securities. It may invest up to 20% of its total assets in securities denominated in foreign currencies and may invest without limit in U.S. dollar-denominated securities of foreign issuers. The fund may invest up to 15% of its total assets in securities and instruments that are economically tied to emerging market countries.
Fund Info
US44134R7355
Mar 31, 2009
$250,000
Expense Ratio
HWHIX features an expense ratio of 0.70%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hotchkis & Wiley High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Hotchkis & Wiley High Yield Fund had a return of 1.19% year-to-date (YTD) and 9.12% in the last 12 months. Over the past 10 years, Hotchkis & Wiley High Yield Fund had an annualized return of 4.31%, while the S&P 500 had an annualized return of 11.26%, indicating that Hotchkis & Wiley High Yield Fund did not perform as well as the benchmark.
HWHIX
1.19%
0.43%
3.38%
9.12%
4.13%
4.31%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of HWHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.29% | 1.19% | |||||||||||
| 2024 | 0.21% | -0.05% | 1.12% | -0.78% | 1.34% | 0.80% | 1.69% | 1.38% | 1.07% | -0.41% | 1.17% | -0.49% | 7.23% |
| 2023 | 3.73% | -1.14% | 1.41% | 1.07% | -0.62% | 1.30% | 1.40% | 0.42% | -1.06% | -1.56% | 4.28% | 3.38% | 13.13% |
| 2022 | -2.06% | -0.73% | -0.62% | -2.87% | 0.04% | -6.93% | 5.14% | -1.69% | -4.51% | 2.91% | 2.20% | -0.51% | -9.76% |
| 2021 | 0.20% | 1.56% | 0.25% | 1.21% | 0.42% | 1.19% | -0.15% | 0.56% | 0.28% | 0.20% | -0.94% | 1.81% | 6.75% |
| 2020 | 0.11% | -2.37% | -15.27% | 3.64% | 4.01% | 2.25% | 4.35% | 1.68% | -0.84% | -0.35% | 5.27% | 3.08% | 3.85% |
| 2019 | 3.87% | 1.41% | 0.66% | 1.79% | -1.72% | 1.67% | -0.35% | -0.45% | 0.15% | -0.02% | 0.32% | 2.00% | 9.61% |
| 2018 | 0.66% | -0.69% | -0.56% | 0.47% | -0.29% | 0.40% | 0.99% | 0.58% | 0.47% | -1.78% | -1.13% | -2.48% | -3.37% |
| 2017 | 1.98% | 1.69% | -0.45% | 1.15% | 0.98% | -0.23% | 1.31% | -0.40% | 0.98% | 0.33% | -0.10% | 0.77% | 8.28% |
| 2016 | -2.30% | -0.24% | 4.45% | 3.58% | 0.66% | 1.10% | 2.49% | 2.60% | 0.62% | 0.35% | -0.09% | 1.97% | 16.09% |
| 2015 | 0.32% | 2.52% | -0.07% | 1.57% | 0.73% | -1.24% | -0.68% | -1.91% | -2.24% | 1.77% | -2.12% | -3.64% | -5.06% |
| 2014 | 0.65% | 1.68% | 0.60% | 0.69% | 0.76% | 0.80% | -1.26% | 1.06% | -1.96% | 0.23% | -0.33% | -2.49% | 0.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 95, HWHIX is among the top 5% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hotchkis & Wiley High Yield Fund (HWHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hotchkis & Wiley High Yield Fund provided a 6.27% dividend yield over the last twelve months, with an annual payout of $0.67 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.66 | $0.60 | $0.54 | $0.52 | $0.62 | $0.68 | $0.70 | $0.73 | $0.76 | $0.76 | $0.74 |
Dividend yield | 6.27% | 6.28% | 5.72% | 5.51% | 4.49% | 5.47% | 5.92% | 6.24% | 5.97% | 6.29% | 6.83% | 5.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Hotchkis & Wiley High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.06 | $0.00 | $0.06 | ||||||||||
| 2024 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.05 | $0.06 | $0.66 |
| 2023 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.60 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.54 |
| 2021 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.52 |
| 2020 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.05 | $0.04 | $0.05 | $0.62 |
| 2019 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.68 |
| 2018 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.70 |
| 2017 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.73 |
| 2016 | $0.07 | $0.05 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.76 |
| 2015 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.76 |
| 2014 | $0.07 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.74 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hotchkis & Wiley High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Hotchkis & Wiley High Yield Fund was 23.03%, occurring on Mar 23, 2020. Recovery took 175 trading sessions.
The current Hotchkis & Wiley High Yield Fund drawdown is 0.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.03% | Jan 16, 2020 | 46 | Mar 23, 2020 | 175 | Nov 30, 2020 | 221 |
| -14.84% | Jun 2, 2015 | 177 | Feb 11, 2016 | 124 | Aug 9, 2016 | 301 |
| -13.9% | Jan 5, 2022 | 185 | Sep 29, 2022 | 304 | Dec 14, 2023 | 489 |
| -11.25% | Jun 1, 2011 | 88 | Oct 4, 2011 | 101 | Feb 29, 2012 | 189 |
| -7.23% | Jul 8, 2014 | 114 | Dec 16, 2014 | 112 | May 29, 2015 | 226 |
Volatility
Volatility Chart
The current Hotchkis & Wiley High Yield Fund volatility is 0.78%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.