HWGV Fees and Costs — Hotchkis and Wiley Global Value Fund
Data updated: 2026-09-10
The net expense ratio is 0.70%: a 0.55% management fee plus 0.51% other expenses, less a 0.36% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $24K in broker commissions, 0.0628% of average net assets, and portfolio turnover was 61%.
HWGV Fees and Expenses
Annual operating expenses and sales charges of HWGV. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.51% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.36% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
HWGV Costs Over Time
On $10,000 invested in HWGV, assuming 5% a year before costs, total costs come to $479 over 5 years, cutting the return by 0.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $263 | $479 |
| Value after costs | $10,420 | $11,313 | $12,283 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
HWGV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0628%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 61%
- Securities lending: none during the year
HWGV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $8K | 34.76% |
| J.P. MORGAN SECURITIES LLC | $3K | 11.22% |
| BARCLAYS CAPITAL INC. | $2K | 10.44% |
| GOLDMAN SACHS & CO. LLC | $2K | 8.46% |
| BOFA SECURITIES INC. | $2K | 8.35% |
| GUGGENHEIM SECURITIES LLC | $2K | 7.16% |
| RBC CAPITAL MARKETS LLC | $2K | 6.98% |
| JEFFERIES LLC | $2K | 6.88% |
| SANFORD C. BERNSTEIN & CO. LLC | $804 | 3.53% |
| CITIGROUP GLOBAL MARKETS INC. | $505 | 2.22% |
Hotchkis and Wiley Global Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HWGV | C000279546 | 0.70% | — |
| HWGIX | Class I | 0.72% | none |
| HWGAX | Class A | 0.97% | 5.25% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.