Hotchkis & Wiley Global Value Fund (NASDAQ: HWGV) is an actively managed global large-cap value equity fund offered by Hotchkis & Wiley Funds and managed by Los Angeles-based investment manager Hotchkis & Wiley Capital Management, LLC. The Fund seeks capital appreciation through a concentrated portfolio of approximately 40 to 80 undervalued companies across U.S. and international equity markets, with flexibility to invest across market capitalizations, countries and sectors. Its principal offering is an ETF share class that trades intraday on Nasdaq under the HWGV ticker, alongside mutual-fund share classes that invest in the same underlying portfolio but represent separate investment vehicles. The Fund employs bottom-up, fundamental value research to select securities considered attractively valued relative to their earnings, assets, cash-flow generation and long-term business prospects; it serves institutional and individual investors seeking exposure to actively managed global value equities.
The Fund’s portfolio provides diversified exposure to technology, financial services, healthcare, industrials, energy, communication services, consumer, materials and utilities companies, including issuers in the United States and developed international markets. Hotchkis & Wiley offers the strategy through its broader platform of separate institutional accounts, mutual funds and ETF products, serving public pension plans, corporations, nonprofit organizations, labor unions, sovereign wealth funds, financial intermediaries and individual investors. The manager specializes in value equity and high-yield investing, manages actively managed value-equity and high-yield portfolios, and has operated as a disciplined value investor for more than 46 years. Hotchkis & Wiley was founded in 1980 and is headquartered at 601 South Figueroa Street, Los Angeles, California.
In August 2026, Hotchkis & Wiley introduced HWGV as the ETF share class of its existing Global Value Fund, expanding investor access to the strategy through an exchange-traded format while retaining the same underlying portfolio and investment team as the mutual-fund share classes. The launch followed the firm’s 2025 introduction of the Hotchkis & Wiley SMID-Cap Diversified Value ETF and its July 2026 launches of ETF share classes for the International Value Fund and Opportunities Fund, reflecting a strategic expansion of its actively managed value-investing offerings into the ETF market.