The Royce Funds
eWord
JULY 2009
What’s New
> Whitney George Named Co-Chief Investment Officer of Royce & Associates
> Royce & Associates, LLC, Hires Jiyoung Kim as Portfolio Manager
Commentaries
> 07/01/09: Chuck Royce on Second Quarter 2009
Chuck discusses the rally in 2009's second quarter and explains why he believes that quality stocks should lead the next bullish phase.
> 07/01/09: Micro-Cap Mania
Micro-cap stocks are arguably the most dynamic locale in the equity universe.
> 06/15/09: Diamonds in the Rough?
With micro-caps, we are essentially looking for diamonds in the rough.
The Gannon Report
> The New Normal
From our perspective, the aftermath of this particular crisis has been, and continues to be, an opportunity, even after the most recent rally.
   
Making Headlines
> Morningstar Applauds Royce Value Fund
> SmartMoney Names Royce Pennsylvania Mutual Fund a Small-Cap Mutual Fund to Consider
> Charlie Dreifus's Outlook on the Economy
> Chuck Royce Sits Down at Morningstar
> Royce Pennsylvania Mutual Fund Mentioned as Part of a Balanced Portfolio
> The Future of Small-Caps
> Morningstar Commends Royce Premier Fund
> Royce Special Equity Fund Highlighted by Zacks.com
> Micro-Cap Stocks on the Rise
> MarketWatch Sees Small-Caps Moving Forward
> June Fund Performance
We've updated our Prices & Performance page to make it easier for you to find the information you need.

> In The Spotlight

Jenifer & Whitney Video Image

Jenifer Taylor and Whitney George Talk Micro-Cap Stock Investing
In our third-quarter "In the Spotlight", we seek to bring a little illumination to what we think is the most dynamic locale in the equity market place.
> Advisor’s Corner

Second Quarter
Advisor Flash
The Second Quarter Advisor Flash is now available on our Financial Professional Site.

To receive the Advisor Flash by e-mail, as well as our Second Quarter Fund Impact and Attribution Reports, which are available later this month, please log into our Financial Professional site and choose Manage Preferences.
 

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Please Read the Prospectus
Please read the Fund's prospectus carefully and consider a Fund’s investment goals, risks, fees and expenses before investing or sending money. You may obtain a current prospectus for any series of The Royce Funds that contains this and other information.

© 2009 Royce & Associates, LLC, 745 Fifth Avenue, New York, NY 10151. All rights reserved. Distributor of The Royce Fund and Royce Capital Fund: Royce Fund Services, Inc. View our Policies & Procedures, including, among others, our Sarbanes-Oxley Code of Ethics, Privacy Policy and Proxy Voting Guidelines and Procedures.