Keeley Mid Cap Dividend Value Fund Class A
KMDVX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 141 West Jackson Boulevard Chicago IL United States of America 60604
- IPO Date
- Oct 4, 2011
- CIK
- 0001324203
- Website
- gabelli.com
- Similar Companies
- Business
- Keeley Gabelli Mid Cap Dividend Fund Class A (KMDVX) is an open-end mutual fund that seeks long-term capital appreciation and current income by investing primarily in equity securities of mid-cap companies that pay or are expected to pay dividends; it normally invests at least 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 defined as those within the market capitalization range of the Russell Midcap Value Index at the time of purchase. The fund employs a bottom-up, value-oriented investment approach, categorizing dividend-paying stocks into groups such as Attractive, Growers, Solid-Steady, and High-Yield based on valuations, cash flow sustainability, balance sheet strength and dividend history; its portfolio typically holds around 82 stocks with heavy emphasis on domestic equities (approximately 90-98%), alongside limited non-U.S. stocks and cash equivalents. Class A shares carry a maximum front-end sales charge of 4.50%, a gross expense ratio of 1.41% (net 1.20% after waivers through February 28, 2026), and a minimum initial investment of $2,500; related Class I shares (KMDIX) offer lower expenses at a net 0.95%. The fund, formerly known as Keeley Mid Cap Dividend Value Fund, underwent a significant reorganization in May 2025 when its former adviser Keeley-Teton Advisors (successor to Keeley Asset Management Corp.) was acquired by Gabelli Funds, resulting in a name change to Keeley Gabelli Mid Cap Dividend Fund, transition of portfolio managers Brian Browne and Samuel Leonard to Gabelli, and integration into Gabelli's centralized research platform supported by over 30 sector analysts. Launched on October 3, 2011, and headquartered in Rye, New York under Gabelli Funds, the fund operates in the mid-cap value segment targeting undervalued dividend payers across sectors like utilities, information technology, financials, industrials, health care, energy and real estate, with total net assets of approximately $127 million as of late 2025.