Hotchkis & Wiley Funds - Hotchkis & Wiley SMID Cap Diversified Value Fund is an exchange traded fund launched and managed by Hotchkis and Wiley Capital Management, LLC. It invests in the public equity markets of the Unites States. The fund primarily invests in stocks of companies operating across diversified sectors. It invests in value stocks companies across diversified market capitalization, within the market capitalization range of the Russell 2000 Index and the Russell Midcap Index. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund employs proprietary and internal research to create its portfolio. Hotchkis & Wiley Funds - Hotchkis & Wiley SMID Cap Diversified Value Fund was formed on March 31, 2025 and is domiciled in the United States.