Royce Premier Fund Institutional Class (RPFIX)
| Fund Assets | 1.03B |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 1.06 |
| Dividend Yield | 9.42% |
| Dividend Growth | 30.26% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 11.22 |
| YTD Return | -0.36% |
| 1-Year Return | 3.16% |
| 5-Year Return | 61.78% |
| 52-Week Low | 8.98 |
| 52-Week High | 13.26 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Sep 17, 2002 |
About RPFIX
Royce Premier Fund Institutional Class is an actively managed mutual fund that primarily invests in a concentrated portfolio of high-quality small-cap U.S. companies. Emphasizing a “small-cap core” approach, the fund selects what it considers premier businesses—typically those with market capitalizations ranging from $1 billion to $3 billion. The strategy targets companies with discernible competitive advantages, high returns on invested capital, sustainable franchises, and low leverage, aiming to identify firms capable of compounding value through reinvestment of earnings. With a portfolio generally comprising fewer than 100 holdings, the fund spans diverse sectors—including industrials, financial services, technology, healthcare, and real estate—offering broad exposure within the small-cap universe. Managed by Royce & Associates, the fund seeks long-term growth of capital and benchmarks its performance against the Russell 2000 Index. Known for its disciplined, quality-focused investment process, Royce Premier Fund Institutional Class plays a significant role for institutional investors seeking to access select opportunities in the U.S. small-cap equity market.
Performance
RPFIX had a total return of 3.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.46%.
Top 10 Holdings
31.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 4.70% |
| SEI Investments Company | SEIC | 3.52% |
| JBT Marel Corporation | JBTM | 3.19% |
| FirstService Corporation | FSV | 3.07% |
| Stella-Jones Inc. | SJ | 2.96% |
| Enovis Corporation | ENOV | 2.95% |
| RB Global, Inc. | RBA | 2.93% |
| Arcosa, Inc. | ACA | 2.89% |
| MKS Inc. | MKSI | 2.75% |
| TMX Group Limited | X | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $1.0569 | Dec 12, 2024 |
| Dec 14, 2023 | $0.8114 | Dec 14, 2023 |
| Dec 15, 2022 | $0.9183 | Dec 15, 2022 |
| Dec 16, 2021 | $2.8113 | Dec 16, 2021 |
| Dec 10, 2020 | $0.7715 | Dec 10, 2020 |
| Dec 12, 2019 | $2.7019 | Dec 12, 2019 |