Address And Details

1414 Ave of the Americas , New York, NY 10019
Fund Manager Brendan Hartman
Manager Tenure 8 Years 4 Months

Strategy And Objective

Royce Micro-Cap Funds investment goal is long-term growth of capital. Royce Investment Partners (Royce), the Funds investment adviser, invests the Funds assets primarily in equity securities of micro-cap companies. Micro-cap companies are those that have a market capitalization not greater than that of the largest company in the Russell Microcap Index at the time of its most recent reconstitution. Royce uses multiple investment themes and offers wide exposure to micro-cap stocks by investing in companies with strong fundamentals and/or prospects selling at prices that Royce believes do not fully reflect these attributes. Royce considers companies with strong balance sheets, attractive growth prospects, and/or the potential for improvement in cash flow levels and internal rates of return, among other factors. Normally, the Fund invests at least 80% of its net assets in equity securities of micro-cap companies. 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 Funds portfolio.

Net Asset Value

as of 5:08 PM ET 09/24/2021

Performance

  • 1 Week
  • +1.28%
  • 1 Month
  • +0.89%
  • 3 Months
  • -1.18%
  • 1 Yr Return
  • +63.91%
  • 5 Yr Return
  • +32.19%

Equity Sector Breakdown

Technology 20.93%
IndustrialCyclical 16.27%
RetailTrade 13.17%
Finance 11.48%
Health 6.85%
Services 6.64%
NonDurables 4.92%
ConsumerDurables 4.90%
Energy 2.94%
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 95.65%
ForeignStocks 7.77%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 202.01 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -6.88 -5.23 -9.21
Beta 1.34 1.27 1.24
R Squared 0.77 0.69 0.68
Std Deviation 28.27 23.09 20.12
Sharpe Ratio 0.62 0.74 n/a

Purchase Information

as of 4:41 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
  • +65.94%
  • +76.47%
+65.94% +76.47%
3 Year
  • +14.16%
  • +16.01%
+14.16% +16.01%
10 Year
  • +8.52%
  • +7.29%
+8.52% +7.29%
Life Of Fund
  • +11.47%
  • +11.52%
+11.47% +11.52%

Top 10 Holdings

Symbol Company Name % Of Assets
HBIO HARVARD BIOSCIENCE 1.46%
TRNS TRANSCAT INC 1.18%
AGYS AGILYSYS INC 1.16%
CNTY CENTURY CASINOS INC 1.15%
ASPN ASPEN AEROGELS INC 1.14%
CUTR CUTERA 1.14%
MDI MAJOR DRILLING GROUP INTL 1.14%
SCVL SHOE CARNIVAL INC 1.12%
RILY B RILEY FINANCIAL INC 1.12%
CAMT CAMTEK LTD 1.12%

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