Royce Micro-Cap Fund Investment Class (RYOTX)
| Fund Assets | 311.76M |
| Expense Ratio | 1.23% |
| Min. Investment | $2,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 1.36 |
| Dividend Yield | 10.80% |
| Dividend Growth | 77.54% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 12.31 |
| YTD Return | 12.90% |
| 1-Year Return | 6.14% |
| 5-Year Return | 28.87% |
| 52-Week Low | 8.33 |
| 52-Week High | 12.97 |
| Beta (5Y) | n/a |
| Holdings | 154 |
| Inception Date | Dec 31, 1991 |
About RYOTX
Royce Micro-Cap Fund Investment Class is an actively managed mutual fund focused on long-term capital growth by investing primarily in equity securities of micro-cap companies. Micro-cap companies are typically defined as those with market capitalizations up to $500 million, offering exposure to a segment of the market often characterized by higher growth potential but also increased volatility compared to larger firms. The fund maintains a diversified portfolio across various sectors, with notable allocations in industries such as industrials, healthcare, energy, and consumer cyclical goods. At least 80% of the fund’s assets are typically invested in micro-cap equities, with up to 25% permitted in foreign companies, broadening the scope of opportunity and risk. Managed by Royce Investment Partners, the fund applies a disciplined approach to identify companies with strong fundamentals, attractive growth prospects, or the potential for operational improvement. Its strategy is designed for investors seeking targeted access to the micro-cap segment, which may complement broader equity holdings or sector-specific investments.
Performance
RYOTX had a total return of 6.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.49%.
Top 10 Holdings
12.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 2.06% |
| Federated Government Obligations Fund | GOSXX | 1.66% |
| NPK International Inc. | NPKI | 1.22% |
| CECO Environmental Corp. | CECO | 1.21% |
| Sprott Inc. | SII | 1.18% |
| LightPath Technologies, Inc. | LPTH | 1.12% |
| Natural Gas Services Group, Inc. | NGS | 1.12% |
| nLIGHT, Inc. | LASR | 1.10% |
| NWPX Infrastructure, Inc. | NWPX | 1.09% |
| Astronics Corporation | ATRO | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $1.3612 | Dec 12, 2024 |
| Dec 14, 2023 | $0.7667 | Dec 14, 2023 |
| Dec 15, 2022 | $0.5042 | Dec 15, 2022 |
| Dec 10, 2020 | $0.9431 | Dec 10, 2020 |
| Dec 12, 2019 | $0.300 | Dec 12, 2019 |
| Dec 13, 2018 | $1.3046 | Dec 13, 2018 |