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Royce Smaller-Companies Growth Fund
mutual fund
RVPIX
Payout Change
Pending
Price as of:
$8.07
+0.0
+0.0%
primary theme
U.S. Small-Cap Growth Equity
share class
RVPIX (Mutual Fund)
Royce Smaller-Companies Growth Fund
Payout Change
Pending
Price as of:
$8.07
+0.0
+0.0%
primary theme
U.S. Small-Cap Growth Equity
share class
RVPIX (Mutual Fund)
Royce Smaller-Companies Growth Fund
Payout Change
Pending
Price as of:
$8.07
+0.0
+0.0%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
22.7%
1 yr return
27.0%
3 Yr Avg Return
2.6%
5 Yr Avg Return
10.5%
Net Assets
$186 M
Holdings in Top 10
25.2%
52 WEEK LOW AND HIGH
$8.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.53%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 50.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RVPIX - Profile
Distributions
- YTD Total Return 22.7%
- 3 Yr Annualized Total Return 2.6%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.88%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameRoyce Smaller-Companies Growth Fund
-
Fund Family NameRoyce
-
Inception DateMay 30, 2006
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames (Chip) Skinner
Fund Description
Royce Investment Partners (“Royce”), the Fund’s investment adviser, invests the Fund’s assets primarily in equity securities of companies with stock market capitalizations up to $7.5 billion that it believes have above-average growth prospects. Royce also considers the extent to which such companies are trading below its estimate of their current worth and/or have the potential for higher internal rates of return or improved profit margins.
The Fund invests at least 80% of its net assets in equity securities of companies with stock market capitalizations up to $7.5 billion, under normal circumstances. The Fund may continue to hold or, in some cases, build positions in companies with market capitalizations of more than $7.5 billion. Although the Fund generally focuses on securities of U.S. companies, it may invest up to 25% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries. The Fund may invest in other investment companies that invest primarily in equity securities. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets into what Royce deems to be more promising opportunities, and/or manage cash levels in the Fund’s portfolio.
RVPIX - Performance
Return Ranking - Trailing
| Period | RVPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.7% | -3.5% | 68.6% | 13.15% |
| 1 Yr | 27.0% | -2.2% | 64.2% | 14.81% |
| 3 Yr | 2.6%* | -15.1% | 62.1% | 38.65% |
| 5 Yr | 10.5%* | -4.3% | 45.1% | 17.81% |
| 10 Yr | 8.9%* | 1.2% | 24.6% | 46.63% |
* Annualized
Return Ranking - Calendar
| Period | RVPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.3% | -20.5% | 54.6% | 32.16% |
| 2022 | -34.9% | -82.1% | 32.2% | 72.98% |
| 2021 | -21.0% | -90.6% | 300.1% | 86.79% |
| 2020 | 34.8% | -63.0% | 127.9% | 32.29% |
| 2019 | 19.9% | -7.7% | 42.9% | 61.77% |
Total Return Ranking - Trailing
| Period | RVPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.7% | -3.5% | 68.6% | 13.15% |
| 1 Yr | 27.0% | -2.2% | 64.2% | 14.81% |
| 3 Yr | 2.6%* | -15.1% | 62.1% | 38.65% |
| 5 Yr | 10.5%* | -4.3% | 45.1% | 17.81% |
| 10 Yr | 8.9%* | 1.2% | 24.6% | 46.63% |
* Annualized
Total Return Ranking - Calendar
| Period | RVPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.8% | -19.0% | 136.8% | 11.52% |
| 2022 | -32.2% | -59.9% | 44.3% | 76.74% |
| 2021 | 8.2% | -22.7% | 411.9% | 56.60% |
| 2020 | 49.7% | 1.5% | 150.8% | 29.16% |
| 2019 | 24.1% | 5.5% | 55.3% | 81.29% |
NAV & Total Return History
RVPIX - Holdings
Concentration Analysis
| RVPIX | Category Low | Category High | RVPIX % Rank | |
|---|---|---|---|---|
| Net Assets | 186 M | 209 K | 34.3 B | 78.52% |
| Number of Holdings | 89 | 7 | 1226 | 61.30% |
| Net Assets in Top 10 | 46.6 M | 53.8 K | 3.02 B | 80.00% |
| Weighting of Top 10 | 25.18% | 7.5% | 100.0% | 39.89% |
Top 10 Holdings
- FIXED INC CLEARING CORP.REPO 3.87%
- Zeta Global Holdings Corp 2.84%
- FTAI Aviation Ltd 2.73%
- Avid Bioservices Inc 2.57%
- Distribution Solutions Group Inc 2.48%
- VSE Corp 2.37%
- ARS Pharmaceuticals Inc 2.17%
- ACV Auctions Inc 2.10%
- Agilysys Inc 2.06%
- Harrow Inc 1.99%
Asset Allocation
| Weighting | Return Low | Return High | RVPIX % Rank | |
|---|---|---|---|---|
| Stocks | 96.18% | 92.05% | 107.62% | 82.04% |
| Other | 3.87% | -0.26% | 6.70% | 2.59% |
| Cash | 0.79% | 0.00% | 28.78% | 76.48% |
| Preferred Stocks | 0.00% | 0.00% | 4.59% | 48.33% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 43.70% |
| Bonds | 0.00% | 0.00% | 2.40% | 43.15% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RVPIX % Rank | |
|---|---|---|---|---|
| Technology | 34.31% | 2.91% | 75.51% | 8.33% |
| Healthcare | 26.53% | 0.00% | 47.90% | 15.56% |
| Industrials | 15.95% | 0.00% | 36.64% | 63.89% |
| Consumer Cyclical | 6.91% | 0.00% | 24.04% | 94.07% |
| Financial Services | 5.78% | 0.00% | 42.95% | 62.59% |
| Basic Materials | 3.88% | 0.00% | 9.24% | 25.00% |
| Communication Services | 3.37% | 0.00% | 15.31% | 28.33% |
| Consumer Defense | 2.75% | 0.00% | 13.56% | 72.41% |
| Real Estate | 0.51% | 0.00% | 15.31% | 70.00% |
| Utilities | 0.00% | 0.00% | 5.57% | 60.56% |
| Energy | 0.00% | 0.00% | 55.49% | 86.11% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RVPIX % Rank | |
|---|---|---|---|---|
| US | 91.04% | 17.30% | 107.62% | 95.37% |
| Non US | 5.14% | 0.00% | 77.12% | 4.07% |
RVPIX - Expenses
Operational Fees
| RVPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.53% | 0.05% | 23.20% | 25.23% |
| Management Fee | 1.00% | 0.05% | 1.62% | 89.42% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.51% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| RVPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| RVPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| RVPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 50.00% | 3.00% | 264.00% | 47.36% |
RVPIX - Distributions
Dividend Yield Analysis
| RVPIX | Category Low | Category High | RVPIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.00% | 0.00% | 6.91% | 53.89% |
Dividend Distribution Analysis
| RVPIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| RVPIX | Category Low | Category High | RVPIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.88% | -2.47% | 1.10% | 0.94% |
Capital Gain Distribution Analysis
| RVPIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2024 | $0.081 | OrdinaryDividend |
| Dec 12, 2024 | $0.168 | CapitalGainLongTerm |
| Dec 14, 2023 | $0.110 | CapitalGainShortTerm |
| Dec 14, 2023 | $0.140 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.250 | OrdinaryDividend |
| Dec 16, 2021 | $3.096 | OrdinaryDividend |
| Dec 10, 2020 | $1.158 | CapitalGainLongTerm |
| Dec 12, 2019 | $0.289 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.378 | CapitalGainShortTerm |
| Dec 13, 2018 | $2.788 | CapitalGainLongTerm |
| Dec 14, 2017 | $0.063 | CapitalGainShortTerm |
| Dec 14, 2017 | $2.247 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.005 | CapitalGainShortTerm |
| Dec 15, 2016 | $1.251 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.319 | CapitalGainShortTerm |
| Dec 17, 2015 | $2.433 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.288 | CapitalGainShortTerm |
| Dec 17, 2014 | $2.993 | CapitalGainLongTerm |
| Dec 05, 2013 | $1.345 | CapitalGainLongTerm |
| Dec 05, 2013 | $0.049 | OrdinaryDividend |
| Dec 08, 2011 | $0.158 | OrdinaryDividend |
| Dec 09, 2010 | $0.079 | OrdinaryDividend |
| Dec 09, 2008 | $0.060 | CapitalGainShortTerm |
| Dec 09, 2008 | $0.115 | CapitalGainLongTerm |
| Dec 07, 2007 | $0.316 | CapitalGainShortTerm |
| Dec 07, 2007 | $0.267 | CapitalGainLongTerm |
| Dec 07, 2007 | $0.209 | OrdinaryDividend |
| Dec 05, 2006 | $0.021 | OrdinaryDividend |
| Dec 05, 2006 | $0.153 | CapitalGainShortTerm |
| Dec 05, 2006 | $0.114 | CapitalGainLongTerm |
RVPIX - Fund Manager Analysis
Managers
James (Chip) Skinner
Start Date
Tenure
Tenure Rank
Dec 31, 2003
18.43
18.4%
Skinner is a portfolio manager at Royce & Associates, LLC, his employer since 2002. Previously Vice President of Institutional Sales at JP Morgan Chase (since 2000). Prior to joining the firm, he co-founded and managed a small cap-focused hedge fund for Accrete Capital, LLC. From 1994 to 2000, he worked for Merrill Lynch/Mercury Asset Mgmt as managing director and senior portfolio manager. Skinner holds the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.17 | 5.25 |
