Jay S. Kaplan, CFA, is a Portfolio Manager and Principal for Royce & Associates, LLC, investment adviser to The Royce Funds.

He serves as Portfolio Manager for Royce Capital Fund—Small-Cap Portfolio, co-manages Royce Value Fund with Whitney George, and Royce Dividend Value Fund with Chuck Royce. He also serves as an Assistant Portfolio Manager of Royce Pennsylvania Mutual Fund and Royce Total Return Fund. He has 20 years of investment industry experience.

Prior to joining Royce & Associates in November 2000, Mr. Kaplan spent 12 years with Prudential Financial, most recently as Managing Director and Portfolio Manager of the Prudential Small Company Value Fund.

He holds a bachelor's degree from the State University of New York at Binghamton and earned a Master of Business Administration degree from New York University.

For more than 35 years, Royce & Associates has utilized a disciplined value approach to select smaller companies for our investment portfolios.

Important Disclosure Information

The thoughts expressed in the videos are solely those of the person speaking and may differ from those of other Royce investment professionals, or the firm as a whole. There can be no assurance with regard to future market movements. The Royce Funds invest primarily in securities of micro-cap, small-cap and mid-cap stocks, which may involve considerably more risk than investments in securities of larger-cap companies (see “Primary Risks for Fund Investors” in the prospectus). This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectuscarefully before investing or sending money.