Archived Material: Important Performance Information

Archived material may contain dated performance, risk and other information; please view returns as of the most recent quarter end and month end. Due to changing circumstances over time, statements made in archived material may or may not have continued applicability or relevance in today's environment. Any thoughts concerning market movements and future prospects for small-company stocks are solely those of Royce & Associates, LLC, and, of course, there can be no assurance with regard to future market movements. Small- and micro-cap stocks may involve considerably more risk than larger-cap stocks.

All performance information reflects past performance, is presented on a total return basis and reflects reinvestment of distributions. Current performance may be higher or lower than performance quoted. Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares may be worth more or less than their original cost when redeemed. Please read the fund's prospectus carefully and consider a fund's investment goals, risks, fees and expenses before investing or sending money. The prospectus contains this and other information. The Russell 2000, Russell 2000 Value, Russell 2000 Growth, S&P 500, S&P 600, NASDAQ Composite and DJIA are unmanaged indices of domestic common stocks. Distributor: Royce Fund Services, Inc.
  1. Close [X]

    Financial Advisor Login

    Email address
    Password
    Register Now Register Now!

  2. rss   printer  Email 

    1. News & Commentary

      Recent News & Commentary

      Financial Advisor & Media Contact

      • Joanne NewgardJoanne Newgard
        Director of Advisor Services & Media Relations
        (800) 562-0880 or joanne@roycenet.com

    2. Making Headlines

      George and Zaino Named among Barron's/Value Line Featured 100 Managers

      Text Size
      SmallerCurrentLarger


      Whitney George, Assistant Portfolio Manager of Royce Value Plus Fund (RYVPX), and Buzz Zaino, Portfolio Manager of Royce Opportunity Fund (RYPNX) were chosen in this year's Barron's/Value Line mutual-fund survey of 100 Managers. (Effective May 2007 James Skinner was named the lead portfolio manager for Royce Value Plus Fund (RYVPX), with George as Assistant.)

      Managers were chosen according to "how well they performed on a risk-adjusted basis relative to others following the same investment strategy." To select the Managers highlighted in the survey, Value Line screened 1,008 equity funds, first eliminating offerings with more than two lead managers and managers with less than three years' tenure. The survey is based on the performance of the manager with the longer tenure, and co-managers must share day-to-day management of the fund. The survey is then organized by nine investment objectives. This year's survey includes funds with assets of $200 million or more. Only 564 managers qualified for ranking (on the basis of the oldest share class of each fund). Managers were chosen based on how much risk-adjusted value they added relative to others with the same Value Line investment objective.

      The Value Line system uses volatility as a proxy for risk, rewarding managers who generate more stable returns. For example, if a fund's return is judged to be 25% more volatile than its peers - on a monthly basis over the manager's tenure - Value Line expects it to be able to generate 25% greater returns. Value Line gives a score of zero to a manager with average performance and volatility for a particular investment objective. Superior managers get positive scores commensurate with the value they've added to a fund's performance on an annualized basis.  Barron's recommends that investors should regard the list as a "research tool" and that the system has its "limitations."

      This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. Distributor: Royce Fund Services, Inc.

  2. © Royce & Associates, LLC, 1414 Avenue of the Americas, New York, NY 10019, (800) 221-4268. All rights reserved. Distributor of The Royce Fund and Royce Capital Fund: Royce Fund Services, Inc., a wholly owned subsidiary of Royce & Associates. View our Policies & Procedures, including, among others, our Sarbanes-Oxley Code of Ethics, Privacy Policy and Proxy Voting Guidelines and Procedures.