Royce Dividend Value Fund Service Class

Frequently Asked Questions About RYDVX

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 Dividend Value Fund Service Class (RYDVX) charges an expense ratio of 1.34%. This is the annual fee deducted from fund assets to cover management and operations.

What is RYDVX's dividend yield?

RYDVX's trailing-twelve-month yield is 159.79%, calculated from the sum of dividends over the past year divided by the current price.

How big is RYDVX?

Royce Dividend Value Fund Service Class (RYDVX) manages $57.0M 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 Dividend Value Fund Service Class (RYDVX) launched in April 2004 and is managed by the fund issuer.