- What does RMCFX invest in?
- The fund primarily allocates its capital to the equity securities of micro-capitalization companies. Typically, at least 80% of its net assets are committed to these small-cap stock investments. While the portfolio generally emphasizes U.S.-based enterprises, it does have the flexibility to dedicate up to 25% of its net assets (as measured at the time of purchase) to companies located in foreign countries.
- What is the expense ratio of RMCFX?
- Royce Micro Cap Fund Financial Intermediary Class (RMCFX) charges an expense ratio of 1.49%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RMCFX?
- Royce Micro Cap Fund Financial Intermediary Class (RMCFX) manages $234.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is RMCFX actively managed or an index fund?
- RMCFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RMCFX launched?
- Royce Micro Cap Fund Financial Intermediary Class (RMCFX) launched in August 2002 and is managed by the fund issuer.
- How has RMCFX performed?
- RMCFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
