Expense Ratio History

HWMIX expense ratio history

Hotchkis & Wiley Mid-Cap Value Fund, Class I

Fund company
Hotchkis & Wiley Funds
Type
Mutual fund

1.00%

In basis points
100 basis points
Yearly cost per $10,000
$100
Prospectus dated
1 July 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.01% on 29 August 2023

Fee over time

HWMIX expense ratio: 1.08% until 29 Aug 2012, then 1.10%; 1.10% until 29 Aug 2013, then 1.07%; 1.07% until 29 Aug 2014, then 1.01%; 1.01% until 28 Aug 2015, then 1.00%; 1.00% until 29 Aug 2016, then 1.02%; 1.02% until 29 Aug 2017, then 1.03%; 1.03% until 29 Aug 2018, then 0.99%; 0.99% until 29 Aug 2019, then 1.03%; 1.03% until 28 Aug 2020, then 1.04%; 1.04% until 29 Aug 2022, then 1.01%; 1.01% until 29 Aug 2023, then 1.00%; read at 1.00% on 1 Jul 2026.0.00%0.50%1.00%1.50%Aug 2011Feb 2014Aug 2016Feb 2019Aug 2021Feb 20241.08% before1.00% from 29 Aug 2023
HWMIX expense ratio: 1.08% until 29 Aug 2012, then 1.10%; 1.10% until 29 Aug 2013, then 1.07%; 1.07% until 29 Aug 2014, then 1.01%; 1.01% until 28 Aug 2015, then 1.00%; 1.00% until 29 Aug 2016, then 1.02%; 1.02% until 29 Aug 2017, then 1.03%; 1.03% until 29 Aug 2018, then 0.99%; 0.99% until 29 Aug 2019, then 1.03%; 1.03% until 28 Aug 2020, then 1.04%; 1.04% until 29 Aug 2022, then 1.01%; 1.01% until 29 Aug 2023, then 1.00%; read at 1.00% on 1 Jul 2026.0.00%0.50%1.00%1.50%Aug 2011Aug 2016Aug 20211.08% before1.00% from 29 Aug 2023
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 7 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
HWMIX (this page) Class I 1.00% — 1 Jul 2026
HWMAX Class A 1.21% — 1 Jul 2026
HWMCX Class C 1.98% — 29 Aug 2023
— — 1.49% — 29 Aug 2018
— — 1.24% — 29 Aug 2018
HWMZX Class Z 0.88% — 1 Jul 2026
— — 0.94% — 1 Jul 2026

Every figure we've recorded

DateFeeWhat happened
1 Jul 2026 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-07-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Mar 2026 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-03-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2025 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2024 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-08-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Aug 2023 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2023 1.00% Cut from 1.01% to 1.00%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-08-29
29 Aug 2022 1.01% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2022 1.01% Cut from 1.04% to 1.01%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-08-26
27 Aug 2021 1.04% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-08-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2020 1.04% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-08-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2020 1.04% Raised from 1.03% to 1.04%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-08-28
29 Aug 2019 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-08-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Aug 2019 1.03% Raised from 0.99% to 1.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-05-20
29 Aug 2018 0.99% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2018 0.99% Cut from 1.03% to 0.99%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-09-13
29 Mar 2018 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-03-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2017 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2017 1.03% Raised from 1.02% to 1.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-09-15
10 Apr 2017 1.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-10 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2016 1.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2016 1.02% Raised from 1.00% to 1.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-09-15
28 Aug 2015 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-08-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2015 1.00% Cut from 1.01% to 1.00%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-09-21
29 Aug 2014 1.01% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2014 1.01% Cut from 1.07% to 1.01%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-09-17
29 Aug 2013 1.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2013 1.07% Cut from 1.10% to 1.07%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-09-17
29 Aug 2012 1.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2012 1.10% Raised from 1.08% to 1.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-09-12
29 Aug 2011 1.08% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.00% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,229 in fees over 10 years

After fees, $10,000 grows to $14,767.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$102
3 years$320
5 years$555
10 years$1,229

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 19 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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