Category: SMID Cap Value Commentaries

Equity markets saw broad-based strength during the second quarter of 2023.  For the quarter, the Russell 2500™ Value (R25V) Index increased 4.37%, the Russell 2500™ Growth (R25G) Index was up 6.41%, and the S&P® 500 Index (S&P) increased 8.74%. The Kennedy Capital Smid Cap Value (SMCV) composite rose 6.50 (gross of fees) and 6.34% (net of…

Equity market performance was mixed during the first quarter of 2023.  For the quarter, the Russell 2500™ Value (R25V) Index increased 1.40%, the Russell 2500™ Growth (R25G) Index was up 6.54%, and the S&P 500® Index (S&P) increased 7.46%. The Kennedy Capital Smid Cap Value (SMCV) composite rose 1.56% (net of fees) during the quarter, outperforming…

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 2500™ Value (R25V) Index rose 9.21%, the Russell 2500™ Growth (R25G) Index was up 4.72%, and the S&P® 500 Index (S&P) increased 7.56%.  In contrast, for the year,…

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 2500™ Value (R25V) Index declined 4.50%, the Russell 2500™ Growth Index was down 0.12%, and the S&P® 500 Index fell 4.88%.  The quarter was…