This report provides a comprehensive analysis of the Keeley Gabelli Mid Cap Dividend Fund's performance during the third quarter, highlighting its returns relative to its benchmark and key factors influencing its outcomes.
Navigating Volatility: A Deep Dive into Mid Cap Dividend Fund Performance
Third Quarter Performance: Analysis and Benchmark Comparison
During the third quarter, the Keeley Gabelli Mid Cap Dividend Fund recorded a return of 4.9%. This figure was below the 6.2% gain achieved by its comparative standard, the Russell Midcap Value Index. While the fund did not outperform its benchmark for this specific quarter, it has shown a stronger cumulative performance throughout the year. The year-to-date return for the fund is 10.3%, which is approximately 60 basis points higher than the benchmark's performance over the same period.