Ariel Investments Mid Cap Value Strategy’s Q3 2025 Investor Letter

Ariel Investments, an investment management company, released its “Ariel Mid Cap Value Strategy” third-quarter 2025 investor letter. US equities continued their rally in the third quarter, fueled by the Federal Reserve’s initial rate cut of the year, strong corporate earnings growth, and increased market participation. In the quarter, Ariel Mid Cap Value Composite returned +9.62% gross of fees (+9.47% net of fees) against this backdrop, significantly outperforming the +6.18% gain of the Russell Midcap Value Index and the +5.33% return of the Russell Midcap Index. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

A copy of Ariel Investments Mid Cap Value Strategy’s Q3 2025 Investor Letter can be downloaded here.