Core-Mark Holdings Company, Inc. (CORE) was the Fund's top performing position in the third quarter after rising over 16 percent and adding 19 basis points of return to the Fund. The convenience store retailer continued its impressive performance and is now our top performing position in 2014, rising over 39 percent year-to-date. Despite sluggish foot traffic for a number of retailers, Core-Mark was able to increase food sales over the past quarter and they were especially pleased with growth in their higher margin areas such as fresh foods.
From John Keeley (Trades, Portfolio)’s KEELEY Small Cap Value Fund Q3 2014 Commentary.
