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.

Please verify that you are a Financial Professional

I hereby certify that I am either:
(i) an associated person of an investment adviser that is either registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940 or with a state securities commission (or any agency or office performing like functions);
(ii) an entity with total assets of at least $50 million;
(iii) a FINRA member or registered associated person of such member;
(iv) a bank, savings and loan association, insurance company, or registered investment company;
(v) a governmental entity or subdivision thereof;
(vi) an employee benefit plan or qualified plan that and has at least 100 participants; or
(vii) a person acting solely on behalf of a person or entity referenced in (i) through (vi) above.

 

You are already registered for access to our Financial Professional site.

Please use the Financial Professional Login to access the site or Forgot Password link for help with your password.

[x]

The Royce Funds

Small-cap value investing for more than 35 years

Individual Investors
View daily prices and performance, access your account, and learn more about our disciplined small-cap value approach.
Financial Professionals
Access timely performance and portfolio information, and get tools and insights to help you communicate with your clients.
spacer
 Remember this choice
  2. comment  twitter   rss   printer  email 
    1. News & Commentary
      Financial Professional & Media Contact

    2. Making Headlines

      Morningstar Awards Managers of the Year for 2008

      Text Size
      SmallerCurrentLarger


      Click here to download a PDF of this Morningstar article. pdf
      CNBC Talks to Charlie About His Fund Strategy video icon
      Legg Mason's Interview with Charlie video icon

      Charles Dreifus, Portfolio Manager and Principal, has won the 2008 Domestic-Stock Fund Manager of the Year for his exceptional management of Royce Special Equity Fund (RYSEX).

      On January 6, 2009, Morningstar announced it awards for Domestic-Stock Fund Manager of the Year, as well as Fixed-Income Fund Manager of the Year and International-Stock Fund Manager of the Year. The Fund Manager of the Year awards were given to managers who have performed well not just in the current year but for the length of their career.

      Morningstar praises Charlie for ability to minimize losses in a bear market by focusing on companies with outstanding accounting and sound balance sheets that are trading at a discount based on his value estimate. They admire his ability to do what is best for his shareholders over the long run by minimizing risk, even if that means missing out on some of the stronger market rallies.

      Important Disclosure Information

      Charles R. Dreifus, CFA, is Portfolio Manager of Royce Special Equity Fund, and is a Principal of Royce & Associates, LLC, investment adviser for The Royce Funds.

      Morningstar awards Managers of the Year based on their Fund's current year performance, long-term performance, fund assets and investment strategy consistency. Morningstar also looks for managers who "are great stewards of shareholders' interests and who stay with their proven strategies rather than follow investing trends."

      Investors should carefully consider the investment goals, risks, fees and expenses of Royce Special Equity Fund before investing. Investors should read the prospectus carefully before investing.

      The Fund invests primarily in a limited number of stocks that may involve considerably more risk than a less concentrated portfolio because a decline in the value of any one of these stocks would cause the Fund's overall value to decline to a greater degree. The Fund invests primarily in small- and micro-cap stocks that may involve considerably more risk than investing in larger-cap stocks (Please see "Primary Risks for Fund Investors" in the prospectus). Past performance is no guarantee of future results. Distributor: Royce Fund Services, Inc. is a member of FINRA and the SIPC.

       

      Tell Us What You Think

      I found this*  very helpful    helpful    not helpful

      Please provide your thoughts (optional)

      Name (optional)

      E-Mail Address (optional)

        This is for feedback purposes only. Your comments will not be posted on the website.

       

      Close [X]
       

      Tell Us What You Think

      I found this*  very helpful   helpful   not helpful
      Comment (optional)

      Name (optional)

      E-Mail Address (optional)

        This is for feedback purposes only. Your comments will not be posted on the website.

  1. © Royce & Associates, LLC, 745 Fifth Avenue, New York, NY 10151, (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. The Royce Funds are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. View our Policies & Procedures, including, among others, our Sarbanes-Oxley Code of Ethics, Privacy Policy and Proxy Voting Guidelines and Procedures.