Investments in small and mid sized market capitalization companies that the adviser believes are undervalued.
XXXXXXXXX
The Fund intends to pursue its investment objective by investing in equity securities of companies with small or mid-sized market capitalizations. Under normal market conditions, the Fund will invest no less than 80% of its net assets in common stocks and other equity type securities (including preferred stock, convertible debt securities and warrants) of “small cap” or “mid cap” companies, which the Adviser currently defines as securities within the range of the Russell 2500® Value Index at the time of investment.
The KEELEY Small-Mid Cap Value Fund seeks capital appreciation.
The adviser applies a fundamental, bottom-up stock selection process. Most research is internal, focusing on companies in unique and transformative situations that Wall Street has not identified and capitalized upon. Potential investments generally fall under four major themes: 1) Ownership Changes, 2) Operating Changes, 3) Balance Sheet / Capital Restructurings and 4) Marketplace Shifts. Focus on change and restructuring provides a competitive advantage to identify inefficiencies in the marketplace before other investors.
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.
| Symbol | Company | Sector | Portfolio |
|---|---|---|---|
| NRG | NRG ENERGY INC | Utilities | 3.120198707 |
| ECG | EVERUS CONSTRUCTION GROUP INC | Industrials | 2.608524946 |
| EQH | EQUITABLE HOLDINGS INC | Financials | 1.982488986 |
| AMTM | AMENTUM HOLDINGS INC | Industrials | 1.933777481 |
| GXO | GXO LOGISTICS INC | Industrials | 1.920348321 |
| KALU | KAISER ALUMINUM CORP | Materials | 1.866146561 |
| ENSG | ENSIGN GROUP INC/THE | Health Care | 1.860819365 |
| OR | OR ROYALTIES INC | Materials | 1.785795854 |
| SOLV | SOLVENTUM CORP | Health Care | 1.766964669 |
| SWX | SOUTHWEST GAS HOLDINGS INC | Utilities | 1.761954133 |
Gross Expense Ratio
1.67%
Net Expense Ratio
1.26%
Maximum Sales Charge
0%
