HWSAX Performance — Hotchkis and Wiley Small Cap Value Fund, Class A
Data updated: 2026-09-10
HWSAX returned +17.15% year to date and +23.43% over one year to Jun 2026. Annualised returns are +11.58% over 3 years and +9.87% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $139, against $156 for the category, and to $123 over one year, against $133. Volatility over the past three years was 16.70% a year. In the 12 months to Jun 2026 the fund lost a net $73.3M, and assets reached $814.41M.
HWSAX Growth of $100
What $100 invested in Hotchkis and Wiley Small Cap Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | HWSAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $139 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $160 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $217 | $209 |
HWSAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.15% |
| 1 year | +23.43% |
| 3 years (annualised) | +11.58% |
| 5 years (annualised) | +9.87% |
HWSAX Annual Returns
Calendar-year total returns of Hotchkis and Wiley Small Cap Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +17.15% |
| 2025 | +1.39% |
| 2024 | +4.82% |
| 2023 | +18.54% |
| 2022 | +2.84% |
| 2021 | +35.35% |
| 2020 | −0.49% |
| 2019 (Jul–Dec) | +6.28% |
HWSAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.6% | +0.7% | +1.6% | +5.3% | +0.2% | +1.8% | — | — | — | — | — | — |
| 2025 | +3.4% | −3.9% | −6.2% | −7.2% | +5.7% | +5.4% | +3.1% | +4.7% | −1.0% | −4.5% | +3.4% | −0.2% |
| 2024 | −3.5% | +2.5% | +6.9% | −4.9% | +2.4% | −3.0% | +8.4% | −2.3% | −0.4% | −0.6% | +7.4% | −6.8% |
| 2023 | +9.5% | −0.5% | −5.7% | −3.6% | −1.6% | +9.1% | +6.4% | −2.0% | −3.5% | −6.1% | +7.4% | +9.9% |
| 2022 | −0.7% | +4.8% | +4.8% | −7.8% | +5.1% | −13.5% | +11.7% | −0.6% | −10.7% | +15.2% | +5.2% | −6.4% |
| 2021 | +2.4% | +12.6% | +5.8% | +1.7% | +4.1% | −0.6% | −2.9% | +3.1% | +1.4% | +3.8% | −4.3% | +4.6% |
| 2020 | −7.7% | −10.1% | −30.4% | +14.7% | +3.1% | +3.5% | +2.0% | +6.9% | −6.6% | +5.8% | +23.4% | +5.9% |
| 2019 | — | — | — | — | — | — | +0.4% | −9.3% | +7.5% | +1.0% | +2.3% | +5.1% |
HWSAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.70%
- 3-year Sharpe ratio: 0.42 (vs 4.5% risk-free rate)
- Best month: +9.93% (Dec 2023)
- Worst month: −7.24% (Apr 2025)
HWSAX Fund Flows
Monthly money in and out of Hotchkis and Wiley Small Cap Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$73.3M
- 12-month gross sales (incl. reinvestments): $789.2M
- Sales ÷ redemptions: 0.92×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $52.5M | $41.0M | $11.5M |
| May 2026 | $34.4M | $29.0M | $5.4M |
| Apr 2026 | $123.4M | $31.0M | $92.5M |
| Mar 2026 | $40.1M | $67.8M | −$27.6M |
| Feb 2026 | $48.7M | $52.5M | −$3.8M |
| Jan 2026 | $47.6M | $73.4M | −$25.9M |
| Dec 2025 | $327.5M | $361.5M | −$34.0M |
| Nov 2025 | $25.1M | $52.6M | −$27.5M |
| Oct 2025 | $32.6M | $61.1M | −$28.5M |
| Sep 2025 | $29.5M | $53.8M | −$24.3M |
| Aug 2025 | $15.6M | $19.8M | −$4.2M |
| Jul 2025 | $12.1M | $18.9M | −$6.8M |
HWSAX Assets Under Management
Net assets of Hotchkis and Wiley Small Cap Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $814.41M |
| 2026-03-31 | $653.23M |
| 2025-12-31 | $653.08M |
| 2025-09-30 | $759.85M |
| 2025-06-30 | $743.41M |
| 2025-03-31 | $762.51M |
| 2024-12-31 | $837.78M |
| 2024-09-30 | $820.40M |
| 2024-06-30 | $776.97M |
| 2024-03-31 | $834.43M |
| 2023-12-31 | $800.22M |
| 2023-09-30 | $716.79M |
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.