Royce Small-Cap Fund Institutional Class (RPMIX)
| Fund Assets | 1.66B |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 9.21% |
| Dividend Growth | 86.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 9.23 |
| YTD Return | 2.54% |
| 1-Year Return | 5.59% |
| 5-Year Return | 86.90% |
| 52-Week Low | 7.24 |
| 52-Week High | 10.70 |
| Beta (5Y) | n/a |
| Holdings | 272 |
| Inception Date | Jun 6, 2011 |
About RPMIX
Royce Small-Cap Fund Institutional Class is an actively managed mutual fund focusing on long-term capital growth through investments in U.S. small-cap equities. The fund deploys at least 80% of its net assets in equity securities of small-cap companies, targeting firms at the lower end of the U.S. market capitalization spectrum. Its strategy blends both value and growth characteristics, resulting in a diversified portfolio that spans various sectors. Managed by a seasoned investment team with a history of style consistency, the fund seeks to identify undervalued opportunities among smaller, less-tracked companies. With over 270 holdings and top positions in sectors such as industrials, financials, and technology, the fund emphasizes broad diversification to help mitigate individual stock volatility. The Institutional Class requires a high minimum investment and carries an expense ratio under 1%, reflecting its suitability for larger investors or institutional mandates. Since its inception in 2011, Royce Small-Cap Fund Institutional Class has played a significant role in providing small-cap equity exposure within diversified portfolios, serving investors seeking participation in the dynamic small-cap segment of the U.S. equity market.
Performance
RPMIX had a total return of 5.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTIX | Vanguard | Vanguard Russell 2000 Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
16.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 3.27% |
| Arcosa, Inc. | ACA | 1.84% |
| Air Lease Corporation | AL | 1.63% |
| Assured Guaranty Ltd. | AGO | 1.60% |
| SEI Investments Company | SEIC | 1.51% |
| Element Solutions Inc | ESI | 1.45% |
| PAR Technology Corporation | PAR | 1.30% |
| Haemonetics Corporation | HAE | 1.28% |
| E-L Financial Corporation Limited | ELF | 1.27% |
| Cirrus Logic, Inc. | CRUS | 1.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.850 | Dec 12, 2024 |
| Dec 14, 2023 | $0.455 | Dec 14, 2023 |
| Dec 15, 2022 | $0.3991 | Dec 15, 2022 |
| Dec 16, 2021 | $2.7356 | Dec 16, 2021 |
| Dec 10, 2020 | $0.5236 | Dec 10, 2020 |
| Dec 12, 2019 | $0.3694 | Dec 12, 2019 |