A valve having a flow trim assembly that can be quickly and efficiently removed and repaired or replaced. A body section having a central through bore that defines an inlet, an inner chamber or space, and two selectable outlets. Further the selectable outlets can direct flow in either a 90 degree “angle” orientation or at straight “in-line” orientation. An actuator stem extends into the inner chamber. A first (movable) trim member is attached to the rotator, and can be selectively rotated relative to a second (fixed) trim member. The first and second trim members cooperate to adjust flow opening through the valve. A valve bonnet that allows direct coupling of an actuator to the valve.