Keeley Mid Cap Dividend Value Fund Class A (KMDVX)

Overview

The Adviser is focused on generating returns for its investors by identifying lucrative investment opportunities within the mid-cap market segment. Targeting companies that not only pay dividends but are also expected to continue doing so, the Adviser strategically positions itself to capitalize on the growth and income generated by these entities. The portfolio management strategy is predominantly oriented towards equity securities, embodying a comprehensive approach that encompasses various types of equity instruments. By adhering to a strict criterion that mandates at least 80% investment in dividend-paying equity securities of mid-cap companies, the Adviser ensures alignment with its investment objective. The definition of "mid-cap" companies is anchored to the securities falling within the range of the Russell Midcap® Value Index, ensuring a focus on value-oriented investment opportunities.

Products and Services

• Equity Securities Investment

This core service involves the investment in equity securities of mid-size market capitalization companies that currently pay dividends or are expected to pay dividends in the future. The Adviser's strategic focus on dividend-paying entities provides a dual benefit of potential capital appreciation along with income generation from dividends.

• Preferred Stock Investment

As part of its diversified investment strategy, the Adviser allocates a portion of its portfolio to preferred stocks. These securities typically offer a fixed dividend, which can provide a steady income stream, and have priority over common stock in dividend payments and during liquidation. Investing in preferred stocks forms an integral part of achieving the fund's objective by diversifying income sources and potentially enhancing returns.

• Convertible Debt Securities Investment

The Adviser also invests in convertible debt securities, which are bonds or debentures that can be converted into a predetermined amount of the issuing company's equity, usually at the discretion of the bondholder. This type of investment combines the income features of bonds with the potential for capital growth associated with equity, offering an attractive blend of risk and reward.

• Warrants Investment

Warrants are another component of the Adviser’s investment toolkit. These are derivatives that provide the right, but not the obligation, to buy or sell a security—most commonly equity—at a certain price before expiry. Investing in warrants enables the Adviser to potentially amplify the fund's returns through leverage, albeit with a higher risk factor.