Royce Small-Cap Fund Investment Class (PENNX)

Fund Assets	1.88B
Expense Ratio	0.93%
Min. Investment	$2,000
Turnover	37.00%
Dividend (ttm)	0.62
Dividend Yield	6.00%
Dividend Growth	-26.62%
Payout Frequency	Annual
Ex-Dividend Date	Dec 11, 2025

Previous Close	10.22
YTD Return	11.80%
1-Year Return	21.61%
5-Year Return	47.95%
52-Week Low	6.77
52-Week High	10.38
Beta (5Y)	1.01
Holdings	265
Inception Date	Oct 31, 1972

About PENNX

The Royce Small-Cap Fund Investment Class is a mutual fund designed to invest primarily in small and micro-cap stocks, seeking long-term growth of capital. It typically allocates at least 80% of its net assets to equity securities of small-cap companies, which often involves higher risk compared to larger-cap stocks. The fund is categorized as a small blend investment, focusing on a broadly diversified portfolio to manage risk. It caters to investors looking for growth opportunities in smaller companies across various sectors. As a part of the financial market, this fund plays a significant role in providing capital to emerging businesses and contributes to the overall dynamism of the small-cap segment.

• Fund Family: Royce Investment Partners
• Category: Small Blend
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PENNX
• Share Class: Investment Class
• Index: Russell 2000 TR

Performance

PENNX had a total return of 21.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 22.25%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWSSX	Schwab	Schwab Small Cap Index Fund	0.04%
FSSNX	Fidelity	Fidelity Small Cap Index Fund	0.03%
FSCRX	Fidelity	Fidelity Small Cap Discovery Fund	1.03%
FSSLX	Fidelity	Fidelity Series Small Cap Core	0.01%
FLXSX	Fidelity	Fidelity Flex Small Cap Index Fund	n/a

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RPMIX	Institutional Class	0.89%
RYPFX	Service Class	1.29%
RYPCX	Consultant Class	1.95%
PAHPX	A Class	1.29%

Top 10 Holdings

15.20% of assets

Name	Symbol	Weight
Fixed Income Clearing Corporation	n/a	2.89%
Arcosa, Inc.	ACA	2.30%
Assured Guaranty Ltd.	AGO	1.48%
Element Solutions Inc	ESI	1.43%
Cirrus Logic, Inc.	CRUS	1.29%
SEI Investments Company	SEIC	1.27%
E-L Financial Corporation Limited	ELF	1.24%
ESAB Corporation	ESAB	1.22%
JBT Marel Corporation	JBTM	1.04%
Quaker Chemical Corporation	KWR	1.03%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 11, 2025	$0.6193	Dec 11, 2025
Dec 12, 2024	$0.844	Dec 12, 2024
Dec 14, 2023	$0.4505	Dec 14, 2023
Dec 15, 2022	$0.3947	Dec 15, 2022
Dec 16, 2021	$2.721	Dec 16, 2021
Dec 10, 2020	$0.5171	Dec 10, 2020