{"id":917262,"date":"2025-12-08T09:05:55","date_gmt":"2025-12-08T14:05:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gabelli-launches-keeley-dividend-etf-kdvd\/"},"modified":"2025-12-08T09:05:55","modified_gmt":"2025-12-08T14:05:55","slug":"gabelli-launches-keeley-dividend-etf-kdvd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gabelli-launches-keeley-dividend-etf-kdvd\/","title":{"rendered":"Gabelli Launches Keeley Dividend ETF (KDVD)"},"content":{"rendered":"

\nHarnessing 16+ years of dividend-strategy expertise in an actively managed ETF
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GREENWICH, Conn., Dec. 08, 2025 (GLOBE NEWSWIRE) — Gabelli Funds, LLC (\u201cGabelli\u201d) today announced the launch of the Keeley Dividend ETF (\u201cKDVD\u201d) 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 co-managed dividend strategies for over 16 years and recently joined Gabelli following the acquisition of Keeley Asset Management in May.<\/p>\n

\u201cWe believe this is a particularly compelling moment for dividend investors,\u201d said Leonard. \u201cValuations in SMID-cap equities remain more attractive than their large-cap peers, while dividend strategies have lagged in recent years, creating a favorable setup for active, research-driven stock selection.\u201d KDVD is designed to invest across the full spectrum of dividend paying stocks (ranging from modest payers with high reinvestment opportunities to stable growers and higher yielding names), using Gabelli\u2019s fundamental, bottom-up research framework.<\/p>\n

To underscore its commitment to the strategy\u2019s launch, Gabelli is waiving the ETF\u2019s standard 0.90% management fee for the first year following inception, after which the fund will revert to its stated management fee schedule.<\/p>\n

\n Click here to learn more about KDVD.<\/a>\n <\/p>\n

\n Contact<\/u>\n <\/p>\n

\n Charles LaRosa<\/strong>
\n
Vice President
P:<\/strong> 914-921-8395
E:<\/strong>cl<\/a>arosa@gabelli.com<\/a><\/p>\n

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\n Important Disclosures<\/em>\n <\/p>\n