KSDIX Fees and Costs — Keeley Gabelli Small Cap Dividend Fund, Class I
Data updated: 2026-08-31
The net expense ratio is 1.04%: a 1.00% management fee plus 0.24% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $230K in broker commissions, 0.0853% of average net assets, and portfolio turnover was 19%.
KSDIX Fees and Expenses
Annual operating expenses and sales charges of KSDIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 0.24% |
| Gross expense ratio | 1.24% |
| Fee waiver | −0.20% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
KSDIX Costs Over Time
On $10,000 invested in KSDIX, assuming 5% a year before costs, total costs come to $702 over 5 years, cutting the return by 1.18% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.04%) | $109 | $340 | $589 |
| Trading costs (broker commissions) | $9 | $28 | $48 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $386 | $702 |
| Value after costs | $10,382 | $11,190 | $12,061 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
KSDIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0853%
- Total broker commissions: $230K
- Bought from dealers (principal trades, not a cost): $96.1M
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
KSDIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $49K | 23.72% |
| WELLS FARGO CLEARING SERVICES, LLC | $23K | 11.00% |
| Keefe, Bruyette & Woods, Inc. | $20K | 9.65% |
| Stifel, Nicolaus & Company, Incorporated | $19K | 9.40% |
| RBC CAPITAL MARKETS, LLC | $19K | 9.38% |
| Raymond James & Associates, Inc. | $17K | 8.29% |
| J.P. MORGAN SECURITIES LLC | $17K | 8.14% |
| KEYBANC CAPITAL MARKETS, INC. | $16K | 7.68% |
| JEFFERIES LLC | $13K | 6.44% |
| PIPER SANDLER & CO. | $13K | 6.32% |
KSDIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Nesbitt Burns Securities Ltd. | $44.0M | 45.82% |
| BARCLAYS CAPITAL, INC. | $24.0M | 24.98% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $14.4M | 14.97% |
| Daiwa Capital Markets America, Inc. | $9.0M | 9.32% |
| GOLDMAN SACHS & CO. LLC | $4.7M | 4.90% |
Keeley Gabelli Small Cap Dividend Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| KSDIX | Class I | 1.04% | none |
| KSDVX | Class A | 1.29% | 4.50% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.