Gabelli Funds launched the Keeley Dividend ETF (NYSE:KDVD) , an actively managed fund targeting income and long-term appreciation through small- and mid-cap dividend payers, just as markets hover near record highs and investors brace for a highly anticipated Federal Reserve rate cut. • Keeley Dividend ETF stock is approaching key resistance levels. Why are KDVD shares at highs?The SMID-cap-focused strategy seeks to uncover missed dividend opportunities and is managed by the Chicago-based team of Thomas E. B ...

Harnessing 16+ years of dividend-strategy expertise in an actively managed ETFGREENWICH, Conn., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC (“Gabelli”) today announced the launch of the Keeley Dividend ETF (“KDVD”) on the NYSE. KDVD is an actively managed ETF that seeks to generate current income and capital appreciation by investing in dividend-paying small- and mid-cap companies. The fund is managed by Chicago-based portfolio managers Thomas E. Browne, Jr., CFA and Brian P. Leonard, CFA, who have ...

Core Viewpoint - Gabelli Funds has launched the Keeley Dividend ETF (KDVD) on the NYSE, targeting dividend-paying small- and mid-cap companies for income and capital appreciation [1][2] Fund Overview - KDVD is an actively managed ETF that aims to invest in a diverse range of dividend-paying stocks, from modest payers to higher yielding names, utilizing Gabelli's fundamental, bottom-up research approach [2] - The fund is managed by experienced portfolio managers Thomas E. Browne, Jr. and Brian P. Leonard, who have over 16 years of experience in managing dividend strategies [1] Market Context - The current market conditions are favorable for dividend investors, as valuations in small- and mid-cap equities are more attractive compared to large-cap stocks, and dividend strategies have underperformed in recent years [2] Fee Structure - To promote the new ETF, Gabelli is waiving the standard 0.90% management fee for the first year after inception, after which the fund will revert to its regular fee schedule [3]