Royce Small-Cap Fund Svc

Frequently Asked Questions About RYPFX

What does RYPFX invest in?

The fund typically dedicates at least 65% of its total assets to purchasing shares of smaller and micro-cap companies. Although its primary focus is on securities from U.S.-based businesses, it has the flexibility to allocate up to 25% of its net assets (calculated at the point of investment) to companies headquartered in foreign countries. Furthermore, this fund may also invest in other collective investment schemes that hold equity securities.

What is the expense ratio of RYPFX?

Royce Small-Cap Fund Svc (RYPFX) charges an expense ratio of 1.31%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYPFX?

Royce Small-Cap Fund Svc (RYPFX) is one share class of a fund that manages $1.95B across all of its share classes (PENNX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is RYPFX actively managed or an index fund?

RYPFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RYPFX's is 1.31%) in exchange for the discretion to over- or under-weight positions.

When was RYPFX launched?

Royce Small-Cap Fund Svc (RYPFX) launched in November 2005 and is managed by the fund issuer.

How has RYPFX performed?

RYPFX'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.