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News  ›  Benzinga

New Dividend ETF Launches Just As Fed Decision Looms — Is KDVD The SMID-Cap Play Investors Need?

Benzinga Logo Benzinga By Chandrima Sanyal
New Dividend ETF Launches Just As Fed Decision Looms — Is KDVD The SMID-Cap Play Investors Need?

Gabelli Funds launched the Keeley Dividend ETF (KDVD), an actively managed small- and mid-cap dividend-focused fund, amid market anticipation of a potential Federal Reserve rate cut and attractive SMID-cap valuations.

Insights
GDEN   neutral

Selling operating assets and casino real estate, with complex transaction involving share exchange and cash payment, potential legal review suggested


KDVD   positive

Newly launched ETF targeting attractive SMID-cap dividend opportunities with waived management fee for first year