Charles M. Royce is President and Chief Investment Officer of Royce & Associates, LLC and President of The Royce Funds, a position he has held since 1972.
Mr. Royce is the portfolio manager of Royce Pennsylvania Mutual, Royce Total Return, Heritage, 100, Financial Services and International Smaller-Companies Funds, as well as two of the firm’s closed-end portfolios, Royce Value Trust and Royce Micro-Cap Trust. He also co-manages Royce Premier Fund with Whitney George, Royce Select Fund I with Lauren Romeo, Royce Select Fund II with James Harvey and Royce Dividend Value Fund with Jay Kaplan. He has 45 years of investment experience, with 35 years as a small- and micro-cap value portfolio manager.
Prior to 1972, Mr. Royce served as the Director of Research at Scheinman, Hochstin, Trotta, and as a security analyst at Blair & Co. He received a bachelor’s degree from Brown University and earned a Masters of Business Administration degree from Columbia University.
For more than 35 years, Royce & Associates has adhered to a disciplined value approach in managing smaller-company investment portfolios.