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Hotchkis & Wiley launches ETF share classes for two existing funds, offering intraday trading and tax benefits.

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22 Jul 2026
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Hotchkis & Wiley introduced ETF share classes for its International Value Fund (HWIV) and Opportunities Fund (HWO), providing investors access to the same assets as their mutual funds but with ETF advantages like intraday trading and tax efficiency. HWIV focuses on 40–80 undervalued international companies excluding the U.S., while HWO invests in 45–75 undervalued holdings including special situations like merger arbitrage. These ETFs complement the firm's existing SMID Cap Diversified Value Fund ETF, expanding options for investors seeking actively managed strategies in a transparent ETF format.

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