Stan Majcher, CFA, Portfolio Manager and Principal, and Hunter Doble, CFA and Portfolio Manager of Hotchkis & Wiley discuss how the team finds pockets of value that their fund, Hotchkis & Wiley Mid-Cap Value, is using to capture return. The Fund was up over 39% in 2021 and continues to find opportunity during a challenging market in early 2022. The Fund invests in industries and companies that may be out of favor or misunderstood due to temporary or cyclical factors. Energy, financials, consumer discretionary, IT and communication services are current areas of emphasis in the portfolio.