Address And Details

1414 Ave of the Americas , New York, NY 10019
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

Royce Opportunity Fund s investment goal is long-term growth of capital. Royce Investment Partners ( Royce ), the Fund s investment adviser, invests the Fund s assets primarily in equity securities of small- and micro-cap companies in an attempt to take advantage of what it believes are opportunistic situations for undervalued securities. Small- and micro-cap companies are those that have a market capitalization not greater than that of the largest company in the Russell 2000 Index at the time of its most recent reconstitution. Such opportunistic situations may include turnarounds, emerging growth companies with interrupted earnings patterns, companies with unrecognized asset values, or undervalued growth companies. Although the Fund normally focuses on securities of small- and micro-cap companies, it may, in certain market environments, invest an equal or greater percentage of its assets in securities of larger-cap companies and may invest up to 10% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries. Normally, the Fund invests at least 65% of its net assets in equity securities. The Fund may invest in other investment companies that invest in equity securities. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets into what Royce deems to be more promising opportunities, and/or manage cash levels in the Fund s portfolio.

Net Asset Value

as of 5:09 PM ET 09/24/2021

Performance

  • 1 Week
  • +1.10%
  • 1 Month
  • -1.01%
  • 3 Months
  • -5.72%
  • 1 Yr Return
  • +80.21%
  • 5 Yr Return
  • +51.74%

Equity Sector Breakdown

IndustrialCyclical 19.90%
Technology 17.75%
RetailTrade 10.56%
Finance 9.09%
ConsumerDurables 5.58%
Services 5.57%
Health 4.54%
NonDurables 3.96%
Energy 2.16%
Utilities 1.04%

Asset Allocation

Asset Type % Of Allocation
Stocks 89.29%
ForeignStocks 1.22%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 16.29 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -9.30 -6.74 -7.18
Beta 1.54 1.49 1.43
R Squared 0.79 0.73 0.73
Std Deviation 32.22 26.10 22.50
Sharpe Ratio 0.57 0.74 n/a

Purchase Information

as of 5:15 PM ET 09/23/2021
Minimum Initial $2000
Minimum Additional $50
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +71.67%
  • +99.64%
+71.67% +99.64%
3 Year
  • +13.71%
  • +16.39%
+13.71% +16.39%
10 Year
  • +13.60%
  • +11.92%
+13.60% +11.92%
Life Of Fund
  • +8.26%
  • +8.53%
+8.26% +8.53%

Top 10 Holdings

Symbol Company Name % Of Assets
CYH COMMUNITY HEALTH SYSTEMS INCO 0.81%
AVID AVID TECHNOLOGY INC 0.77%
OMI OWENS & MINOR INC 0.74%
AOSL ALPHA & OMEGA SEMICONDUCTOR 0.74%
HTH HILLTOP HOLDINGS INC 0.71%
ORI OLD REPUBLIC INTERNATIONAL 0.69%
AVYA AVAYA HOLDINGS CORPORATION 0.68%
AAWW ATLAS AIR WORLDWIDE HOLDINGS 0.66%
UCTT ULTRA CLEAN HOLDINGS 0.65%
WCC WESCO INTL INC 0.65%

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