- What does RYDVX invest in?
- This investment vehicle is designed to achieve a dual objective: foster long-term capital appreciation and provide a consistent stream of current income. Its dedicated investment advisor, Royce & Associates, LP (known as "Royce"), primarily directs the fund's capital into income-generating equity securities. These are carefully selected from companies with market valuations of up to $15 billion that the advisor believes are undervalued, trading below their intrinsic worth. As a core policy, the fund generally commits at least 80% of its net assets to common stocks that distribute dividends. Moreover, a minimum of 65% of its portfolio will comprise securities from companies whose market capitalization did not exceed $15 billion at the time of the original investment.
- What is the expense ratio of RYDVX?
- Royce SMid-Cap Total Return Fund;Service (RYDVX) charges an expense ratio of 1.34%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RYDVX?
- Royce SMid-Cap Total Return Fund;Service (RYDVX) manages $59.2M 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 RYDVX actively managed or an index fund?
- RYDVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RYDVX launched?
- Royce SMid-Cap Total Return Fund;Service (RYDVX) launched in April 2004 and is managed by the fund issuer.
- How has RYDVX performed?
- RYDVX'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.
