Gabelli Launches Keeley Dividend ETF (KDVD)

Gabelli adds a 7th ETF to our suite of actively-managed ETFs: the Keeley Dividend ETF (KDVD). KDVD is designed to invest across the full spectrum of dividend paying stocks (ranging from modest payers with high reinvestment opportunities to stable growers and higher yielding names), using Gabelli’s fundamental, bottom-up research framework. To share our enthusiasm, Gabelli is waiving the 0.90% management fee for the first year following the launch of the fund.