Keeley Funds Comments on Knowles Corp.

Guru stock highlight.

Nov 03, 2015

The Fund’s second best performer was Knowles Corp. (NYSE:KN) which rose almost 2 percent but added 27 basis points of performance to the Fund. The former spin-off of Dover Corp. is rebounding after they were left off of the Apple IPhone 6 launch due to a manufacturing issue in their microphones. An early breakdown of the newest Apple IPhone shows an increase of microphones to 4 from 3 and Knowles is expected to have gained share after being reintroduced after the limited recall.

From the Keeley All-Cap Value Fund commentary on third quarter 2015.

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