Royce Small-Cap Value Fund - Service Class

Frequently Asked Questions About RYVFX

What does RYVFX invest in?

The Royce Small-Cap Value Fund primarily seeks investment opportunities in equity securities of smaller companies that its investment adviser believes are trading at a discount to their true value. Typically, at least 80% of the fund's total assets are dedicated to these small-capitalization stocks. While the portfolio generally concentrates on U.S.-based businesses, it has the flexibility to allocate up to 25% of its net assets (as measured when the investment is made) to companies headquartered in foreign countries.

What is the expense ratio of RYVFX?

Royce Small-Cap Value Fund - Service Class (RYVFX) charges an expense ratio of 1.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYVFX?

Royce Small-Cap Value Fund - Service Class (RYVFX) manages $260.6M 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 RYVFX actively managed or an index fund?

RYVFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RYVFX's is 1.49%) in exchange for the discretion to over- or under-weight positions.

When was RYVFX launched?

Royce Small-Cap Value Fund - Service Class (RYVFX) launched in June 2001 and is managed by the fund issuer.

How has RYVFX performed?

RYVFX'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.