News & Commentary

Chuck Royce on Third Quarter 2008

Chuck discusses the dramatic and historic events of the third quarter and recent period. He also looks at why he thinks the long-term prospects for smaller companies continue to look attractive.

A Message To Our Shareholders From Charles M. Royce

By now, we have all seen the headlines about the struggles of the financial markets and the difficulties faced by some of the world’s largest investment banks. We are witnessing an unprecedented period in the history of our nation’s economy, one that each of us will always remember.

"The time is out of joint" - The Quarter That Was…

The long-term effect of the transforming last 10 days of the third quarter will be felt by investors and the economy for years to come. Why is this environment a good one for value investors with a long-term, three-to-five-year outlook?

News

• Third Quarter Distribution Notices
• Quarterly Distributions for Royce Total Return Fund and Royce Dividend Value Fund

Making Headlines

• Royce Funds Named in Forbes 2008 Mutual Fund Survey
• Kiplinger's Likes Royce Micro-Cap Fund (RYOTX)

View the October 2008 eWord

Chuck Royce on Third Quarter 2008; The Gannon Report: "The time is out of joint" - The Quarter That Was…; Ably Assisted: A Roundtable with Royce Pennsylvania Mutual Fund’s Assistant Portfolio Managers.

Download a PDF of the Spring 2008 RWord to read Chuck Royce's interview, A Market Full of Opportunities?, What's News at The Royce Funds, Fund performance information and more.