Investments in mid capitalization companies believed to be undervalued and that pay, or are expected to pay, a dividend.
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The Fund intends to pursue its investment objective by investing in equity securities of companies with a mid-size market capitalization and that currently pay, or are reasonably expected to pay, dividends to shareholders. Under normal market conditions, the Fund will invest no less than 80% of its net assets in “dividend-paying” common stocks and other equity type securities (including preferred stock, convertible debt securities and warrants) of “mid-cap” companies, which the Adviser currently defines as securities within the range of the Russell Midcap® Value Index at the time of investment.
The KEELEY Mid Cap Dividend Value Fund seeks capital appreciation.
We focus our research efforts across a broad array of dividend-paying stocks. In evaluating the overall quality of a company, we view the investment universe in four distinct areas. Depending on company-specific valuations – as well as the current macroeconomic environment, we categorize equities into each of these groups: 1) Attractive, 2) Growers, 3) Solid-Steady and 4) High-Yield. From these four categories, fundamental research helps our team assess the sustainability of a dividend by analyzing the company’s cash flow, balance sheet and dividend history.
Mr. Browne joined Gabelli in May 2025 upon the acquisition of former affiliate Keeley Teton by Gabelli. Prior to that date, Mr. Browne served as a Portfolio Manager for Keeley Teton Advisors and its predecessor Keeley Asset Management Corp. (“KAMCO”). He has been a manager of the Small Cap Dividend Value and Mid-Cap Dividend Value… More
Mr. Leonard joined Gabelli in May 2025 following the acquisition of former affiliate Keeley Teton by Gabelli. Prior to that, he served as a Portfolio Manager for Keeley Teton Advisors and its predecessor, Keeley Asset Management Corp. (“KAMCO”). He has managed the Small Cap Dividend Value and Mid-Cap Dividend Value strategies since their inception in… More
Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios
A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.
Returns represent past performance and do not guarantee future results. Due to market volatility, current performance may be lower or higher than the performance data quoted. Total return and average annual returns are historical and reflect changes in share price, reinvestment of dividends and capital gains and are net of expenses. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com.
| Symbol | Company | Sector | Portfolio |
|---|---|---|---|
| NRG | NRG ENERGY INC | Energy and Utilities | 2.94 |
| JBL | JABIL INC | Diversified Industrial | 2.61 |
| UGI | UGI CORP | Energy and Utilities | 2.5 |
| GEN | NORTONLIFELOCK INC | Computer Software and Services | 2.43 |
| EQH | EQUITABLE HOLDINGS INC | Financial Services | 2.21 |
| FNV | FRANCO-NEVADA CORP | Metals and Mining | 2.07 |
| OSK | OSHKOSH CORP | Machinery | 1.83 |
| EHC | ENCOMPASS HEALTH CORP | Health Care | 1.82 |
| EXE | EXPAND ENERGY CORP | Energy and Utilities | 1.67 |
| VIRT | VIRTU FINANCIAL INC | Financial Services | 1.67 |
Gross Expense Ratio
1.16%
Net Expense Ratio
0.95%
Maximum Sales Charge
0%
The top ten holdings and sectors listed are not necessarily representative of the entire portfolio and are subject to change. The most recent semiannual report, which contains a more extensive list of holdings, is available from your financial adviser or by contacting the distributor, G. distributors, LLC.
The Fund’s share price will fluctuate with changes in the market value of the Fund’s portfolio securities. Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell Fund shares, they may be worth less than what you paid for them. Consequently, you can lose money by investing in the Fund.
Standard deviation is a statistical measure of the volatility of a fund’s returns. Beta measures a fund’s risk relative to its benchmark which, by definition, has a beta of 1.00. If a fund’s beta is less than 1.00, the fund is considered less risky than the market. Alpha is a measure of a fund’s actual returns and expected performance, given its level of risk (as measured by beta). Upside/downside capture ratio show you whether a given fund has outperformed, gained more or less than, a broad market benchmark during periods of market strength and weakness, and if so, by how much. R-squared is a statistic that indicates how much of a fund’s fluctuations were attributable to movements of the fund’s benchmark index.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus, which contains more complete information about these and other matters, should be read carefully before investing. To obtain a prospectus, please call 800-GABELLI or visit www.gabelli.com.
Returns represent past performance and do not guarantee future results. Due to market volatility, current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com.
The inception date of the Fund was October 3, 2011. Smaller and medium-sized company stocks are more volatile and less liquid than larger, more established company securities. Dividend paying investments may not experience the same price appreciation as non-dividend paying investments. Dividend paying stocks do not assure a profit or guarantee against a loss. Companies may choose to stop paying dividends at their own discretion. Portfolio companies may choose not to pay a dividend or it may be less than anticipated. The Russell Midcap® Value Index is an unmanaged index that measures the performance of the mid-cap value segment of the U.S. equity universe and includes those Russell Midcap companies with lower price-to-book ratios and lower forecasted growth values. The Russell Midcap® Index is an unmanaged index that measures the performance of the 800 smallest companies by market capitalization of the Russell 1000® Index.
Not FDIC Insured. Not Bank Guaranteed. May Lose Value.
The Gabelli Mutual Funds are distributed by G.Distributors, LLC., a registered broker-dealer and member of FINRA.
