Keeley All Cap Value Fund Comments on Shire

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Jan 27, 2017

Given the volatile Health Care sector this quarter, the Fund’s position in Shire (NASDAQ:SHPG) was also a leading detractor. Headline risk regarding potential pharmaceutical price controls has impacted the stock. With continued synergies from its acquisition of Baxalta and trading at 11x earnings, we feel the stock remains quite attractive.

From the Keeley All Cap Value Fund fourth quarter 2016 commentary.