David  A.  Nadel

Portfolio Manager and Senior Analyst

Portfolio Manager

Royce Global Select Fund

Assistant Portfolio Manager

Royce European Smaller-Companies Fund

Royce Global Value Fund

Royce Micro-Cap Fund

Royce Value Trust

David A. Nadel is a Portfolio Manager and Senior Analyst for Royce & Associates, LLC, investment adviser to The Royce Funds.

Mr. Nadel co-manages Royce Global Select Fund with Whitney George. He also serves as Assistant Portfolio Manager of Royce Micro-Cap, European Smaller-Companies and Global Value Funds, as well as Royce Value Trust, a closed-end portfolio.

Mr. Nadel joined the firm in 2006 and previously was a Senior Portfolio Manager at Neuberger Berman Inc. (from 2004 to 2006) and a Senior Analyst at Pequot Capital Management Inc. (from 2001 to 2003). He was also named to the 1999 and 2000 Institutional Investor All-American Research Teams. Mr. Nadel holds a bachelor’s degree from Williams College and a master’s degree from Harvard University, as well as an Master of Business Administration from Harvard Business School.

For more than 35 years, Royce & Associates has adhered to a disciplined value approach in managing smaller-company investment portfolios.