- By Holly LaFon
To Our Shareholders,
For the quarter ended December 31, 2018, e KEELEY Mid Cap Dividend Value Fund's net asset value ("NAV") per Class A share fell -16.03% compared with a -14.95% decline for the Russell Mid Cap Value Index. For the full-year 2018, the Fund was down -12.85% compared with a -12.29% loss for the benchmark.
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- NYSE:LW) (LW - $73.56 - NYSE) is one of the largest producers of frozen potato food products (French fries and other starchy goodness). rough both solid demand, particularly from North American quick-service restaurants (QSRs), and steady price increases, Lamb Weston has continued to exceed consensus expectations, and the company did so again at the start of the fourth quarter. Despite the market downturn later in the fourth quarter, Lamb Weston shares held up nicely throughout the entire quarter, driven by investors' belief that the underlying dynamics facing the company remained favorable. In addition, some U.S. QSRs, like McDonald's, reported good earnings and impressive same-store sales numbers during the quarter.