Royce Small-Cap Opportunity Fund

Frequently Asked Questions About RYPNX

What does RYPNX invest in?

The fund's investment adviser strategically deploys capital primarily into the stock of small-capitalization enterprises. This approach seeks to exploit what the adviser perceives as favorable situations involving securities trading below their intrinsic value. Under typical market conditions, the fund allocates a minimum of 80% of its net assets to small-cap holdings. Additionally, it reserves the right to invest in other funds that concentrate on equity securities.

What is the expense ratio of RYPNX?

Royce Small-Cap Opportunity Fund (RYPNX) charges an expense ratio of 1.24%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYPNX?

Royce Small-Cap Opportunity Fund (RYPNX) manages $1.73B 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 RYPNX actively managed or an index fund?

RYPNX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was RYPNX launched?

Royce Small-Cap Opportunity Fund (RYPNX) launched in November 1996 and is managed by the fund issuer.

How has RYPNX performed?

RYPNX'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.