Category: Mid Cap Value Commentaries

Equity markets saw broad-based strength during the second quarter of 2023. For the quarter, the Russell Midcap® Value (RMV) Index increased 3.86%, the Russell 2000® Index was up 5.21%, and the S&P 500® Index increased 8.74%.  The Kennedy Capital Mid Cap Value (MCV) composite rose 7.48% (gross of fees) and 7.31% (net of fees) during the…

Equity market performance was volatile throughout the first quarter of 2023, but the Russell Midcap® Value (RMV) Index ended up with a positive result, increasing 1.3%.  The Kennedy Capital Mid Cap Value (MCV) composite rose 5.8% (net of fees) during the quarter, outperforming the RMV by 446 basis points.  For the rolling 12-month period, the MCV…

Fourth quarter 2022 equity market performance was a lone bright spot in what was a challenging year for returns across all major asset classes.  For the quarter, the Russell Midcap® Value (RMV) Index rose 10.5%, and the S&P® 500 Index (S&P) increased 7.6%.  In contrast, for the year, the RMV declined -12.0%, and the S&P declined…

US equity market performance was mixed in the third quarter of 2022, with most major market indices down low single digits on a percentage basis over the three-month period.  The Russell Midcap® Value (RMV) Index declined -4.93%, and the S&P® 500 Index fell -4.88%.  The quarter was a tale of two halves: From June 30th…