About RIPNX
Royce International Premier Fund Investment Class is a mutual fund focused on achieving long-term capital appreciation by investing in a concentrated portfolio of premier small-cap companies outside the United States. The fund emphasizes businesses with market capitalizations typically up to $3-$5 billion that demonstrate distinct competitive advantages, high returns on capital, and sustainable, moat-like business models. Its investment approach is highly selective, favoring quality over quantity, and aims to identify companies with durable leadership positions in their respective industries. Key sectors represented in its holdings include technology, financial services, industrials, and energy, reflecting a diversified exposure to dynamic non-U.S. growth areas. The fund’s strategy involves thorough fundamental analysis and disciplined portfolio construction, typically maintaining 50 to 70 holdings and actively managing sector and position concentrations to reduce risk. By targeting high-quality, international small-cap equities, Royce International Premier Fund Investment Class serves investors seeking focused access to global innovation and entrepreneurial companies beyond major U.S. markets.
Fund Family Royce Investment Partners
Category Foreign Small/Mid Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RIPNX
Share Class Investment Class
Index MSCI ACWI Ex US Small Cap ND
RIPNX had a total return of 2.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.63%.
