KEELEY Mid Cap Dividend Value Fund
as of March 31, 2012Portfolio Characteristics
| KMDVX / KMDIX |
Russell Midcap Value Index |
|
|---|---|---|
| Average Market Cap | $5.6 B | $8.5 B |
| Median Market Cap | $4.1 B | $4.1 B |
| Price/Earnings* | 14.59x | 15.80x |
| Price/Book* | 1.71x | 1.49x |
| Price/Cash Flow* | 7.66x | 7.57x |
| Price/Sales* | 1.03x | 0.89x |
| 30 day SEC Yield | 1.36% | |
| Alpha** | N/A | N/A |
| Beta*** | N/A | 1.0 |
| Standard Deviation**** | N/A | N/A |
* Last 12 Months
** Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility (price risk) and compares its risk-adjusted performance to a benchmark index. A positive alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
*** Beta is the current measure of a portfolio’s risk in relation to the market or a benchmark. For example, a benchmark or index will have a beta of 1, so any portfolio with a higher beta is more volatile than the benchmark. Any with a lower beta may be less volatile than the market.
**** Standard deviation is a statistical measurement of historical volatility and can be used to gauge the amount of expected volatility. A large dispersion indicates how much a fund is deviating from the expected normal returns.
Sector Contributions - GICS Sectors*
| GICS Sectors | KMDVX | Russell Midcap Value Index |
|---|---|---|
| Consumer Discretionary | 10.64% | 11.71% |
| Consumer Staples | 6.07% | 6.65% |
| Energy | 5.36% | 5.93% |
| Financials | 33.10% | 32.06% |
| Health Care | 5.03% | 6.13% |
| Industrials | 11.27% | 10.84% |
| Information Technology | 6.60% | 8.55% |
| Materials | 7.97% | 4.71% |
| Telecommunication Svc | 0.75% | 0.68% |
| Utilities | 11.49% | 12.74% |
*The Global Industry Classification Standard ("GICS") was developed by and is the exclusive property and a service mark of MSCI Inc. ("MSCI") and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P") and is licensed for use by KAMCO. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Top Ten Holdings*
| Company Name | Total % of Portfolio |
|---|---|
| Foot Locker, Inc. | 2.52% |
| Discover Financial Services | 2.34% |
| Wyndham Worldwide Corp. | 2.31% |
| Total System Services, Inc. | 2.07% |
| Cigna Corp. | 2.03% |
| Reinsurance Group of America, Inc. | 2.01% |
| Arthur J. Gallagher & Co. | 1.95% |
| Lincoln National Corp. | 1.95% |
| American Water Works Co. | 1.89% |
| Dun & Bradstreet Corp. | 1.85% |
*Portfolio holdings will change, and should not be considered purchase recommendations. Top holdings do not reflect cash, money markets or options/futures contracts holdings.
Performance Contribution
| Top Contributors | Return % | Contribution to Return % |
|---|---|---|
| Discover Financial Services | 38.92% | 0.72% |
| Foot Locker, Inc. | 30.24% | 0.66% |
| Lincoln National Corp. | 35.74% | 0.54% |
| Holly Frontier Corp. | 37.39% | 0.52% |
| Wyndham Worldwide Corp. | 22.94% | 0.47% |
| Largest Detractors | Return % | Contribution to Return % |
|---|---|---|
| Radio Shack | -35.94% | -0.38% |
| Cabot Oil & Gas Corp. | -17.87% | -0.33% |
| National Fuel Gas Corp. | -13.42% | -0.22% |
| R.R. Donnelley & Sons Co. | -14.14% | -0.19% |
| EQT Corp. | -12.01% | -0.17% |