|1414 Ave of the Americas , New York, NY 10019|
|Fund Manager||Team Managed|
Royce Total Return Fund s investment goals are long-term growth of capital and current income. Royce Investment Partners ( Royce ), the Fund s investment adviser, invests the Fund s assets primarily in dividend-paying securities of small-cap companies that it believes are trading below its estimate of their current worth. Small-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. Royce believes that regular dividend payments are often a positive signal that may indicate attractive attributes including a stable business model, shareholder-friendly management, disciplined capital allocation practices, and a conservative financial culture. The Fund seeks to achieve its investment objectives by primarily investing in dividend-paying securities, favoring companies with low leverage, below-average valuations, and a history of above-average profitability. A portion of the Fund (less than 10% of net assets) is managed using a systematic multi-factor selection process that is derived from the quality and value investment philosophy that the Fund s Portfolio Managers use to manage the remainder of the Fund. While this multi-factor process provides guidance, an Assistant Portfolio Manager has discretion for which buys and sells are executed. The Lead Portfolio Manager oversees investments across the entire Fund. Normally, the Fund invests at least 65% of its net assets in equity securities. At least 90% of these securities will produce dividend or interest income to the Fund, and at least 65% will be issued by small-cap companies at the time of investment. Although the Fund normally focuses on securities of U.S. companies, it may invest up to 25% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries. 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.
|Asset Type||% Of Allocation|
|Total Net Assets||274.02 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|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|
|Life Of Fund||
|Symbol||Company Name||% Of Assets|
|CODI||COMPASS DIVERSIFIED HOLDINGS||1.91%|
|IBTX||INDEPENDENT BANK GROUP INC||1.90%|
|ESI||ELEMENT SOLUTIONS INC||1.88%|
|CSL||CARLISLE COS INC||1.85%|
|JRVR||JAMES RIVER GROUP HOLDINGS L||1.82%|
|GPK||GRAPHIC PACKAGING HOLDING CO||1.77%|
|LEVI||LEVI STRAUSS & CO||1.73%|
|MSM||MSC INDUSTRIAL DIRECT CO A||1.70%|
Join the Action Alerts PLUS Community today!
Food and Drug Administration's advisory panel on Friday voted to recommend Covid-19 booster shots of the Pfizer vaccine for a limited section of the population.
Jim Cramer discusses Ford and the impact of the impending tax policy changes on the stock market.