Royce Smaller-Companies Growth Fund Institutional Class (RVPIX)
| Fund Assets | 193.60M |
| Expense Ratio | 1.02% |
| Min. Investment | $1,000,000 |
| Turnover | 73.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.85% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 8.73 |
| YTD Return | 9.09% |
| 1-Year Return | 19.43% |
| 5-Year Return | 60.47% |
| 52-Week Low | 6.56 |
| 52-Week High | 9.08 |
| Beta (5Y) | n/a |
| Holdings | 76 |
| Inception Date | May 10, 2006 |
About RVPIX
Royce Smaller-Companies Growth Fund Institutional Class is a mutual fund focused on investing in small-cap and mid-cap U.S. companies, generally those with market capitalizations up to $7.5 billion. The fund’s primary objective is long-term capital growth by targeting businesses exhibiting superior revenue or earnings growth, especially those trading at valuations Royce believes do not fully reflect their long-term prospects. The management team seeks companies poised for multi-year expansion, favoring those with sustainable competitive advantages or benefiting from enduring market trends. This approach emphasizes active stock selection, aiming to capitalize on emerging growth opportunities across diverse sectors such as information technology, industrials, health care, and financials. The fund is designed for institutional investors and is distinguished by its commitment to small and mid-sized growth enterprises, making it a significant participant in driving capital formation and innovation within the smaller-company segment of the U.S. equity market. Investors should be aware that the focus on smaller companies typically involves higher volatility and risk compared to larger-cap investments.
Performance
RVPIX had a total return of 19.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTGX | Vanguard | Vanguard Russell 2000 Growth Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
27.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Corcept Therapeutics Incorporated | CORT | 4.52% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 4.03% |
| Guardian Pharmacy Services, Inc. | GRDN | 2.95% |
| Life Time Group Holdings, Inc. | LTH | 2.71% |
| ACV Auctions Inc. | ACVA | 2.62% |
| Cantaloupe, Inc. | CTLP | 2.28% |
| Abacus Global Management, Inc. | ABL | 2.20% |
| ARS Pharmaceuticals, Inc. | SPRY | 2.05% |
| Mirion Technologies, Inc. | MIR | 2.04% |
| VSE Corporation | VSEC | 1.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.2485 | Dec 12, 2024 |
| Dec 15, 2022 | $0.2497 | Dec 15, 2022 |
| Dec 10, 2020 | $1.1583 | Dec 10, 2020 |
| Dec 12, 2019 | $0.2887 | Dec 12, 2019 |
| Dec 13, 2018 | $3.1663 | Dec 13, 2018 |
| Dec 14, 2017 | $2.3096 | Dec 14, 2017 |