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Address And Details

101 Montgomery St , San Francisco, CA 94104
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

Royce Special Equity 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 small- cap companies. 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. The portfolio manager applies an intensive value approach in managing the Funds assets. This approach, which attempts to combine classic value analysis, the identification of good businesses, and accounting cynicism, has its roots in the teachings of Benjamin Graham and Abraham Bailiff .Normally, the Fund invests at least 80% of its net assets in equity securities. At least 65% of these securities 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 10% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries. The Fund may sell securities to, among other things, secure gains, limit losses, and 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 6:04 PM ET 11/26/2021


  • 1 Week
  • +0.10%
  • 1 Month
  • +0.19%
  • 3 Months
  • -1.04%
  • 1 Yr Return
  • -3.33%
  • 5 Yr Return
  • n/a

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 99.55%
Cash 2.76%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -2.31%
Total Net Assets 5.15 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.29 n/a n/a
Beta 0.99 n/a n/a
R Squared 1.00 n/a n/a
Std Deviation 3.33 n/a n/a
Sharpe Ratio 1.30 n/a n/a

Purchase Information

as of 6:07 PM ET 11/24/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 10/31/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 10/31/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • -0.65%
  • -1.08%
-0.65% -1.08%
3 Year
  • +5.46%
  • +5.20%
+5.46% +5.20%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +3.51%
  • +3.58%
+3.51% +3.58%

Top 10 Holdings

Symbol Company Name % Of Assets

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