Jay  S.  Kaplan

Portfolio Manager and Principal

CFA

Portfolio Manager

Royce Capital Fund - Small-Cap Portfolio

Royce Dividend Value Fund

Royce Value Fund

Assistant Portfolio Manager

Royce Pennsylvania Mutual Fund

Royce Total Return Fund

Jay S. Kaplan, CFA, is a Portfolio Manager and Principal for Royce & Associates, LLC, investment adviser to The Royce Funds.

He serves as Portfolio Manager for Royce Capital Fund—Small-Cap Portfolio, co-manages Royce Value Fund with Whitney George, and Royce Dividend Value Fund with Chuck Royce. He also serves as an Assistant Portfolio Manager of Royce Pennsylvania Mutual and Total Return Funds.  He has 19 years of investment industry experience.

Prior to joining Royce & Associates in November 2000, Mr. Kaplan spent 12 years with Prudential Financial, most recently as Managing Director and Portfolio Manager of the Prudential Small Company Value Fund.

He holds a bachelor’s degree from the State University of New York at Binghamton and earned a Master of Business Administration degree from New York University.

For more than 35 years, Royce & Associates has utilized a disciplined value approach to select smaller companies for our investment portfolios.