Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RBC International Small Cap Equity Fund

RISIX | Fund

$15.19

$7.56 M

1.82%

$0.28

4.56%

Vitals

YTD Return

22.7%

1 yr return

26.4%

3 Yr Avg Return

20.2%

5 Yr Avg Return

N/A

Net Assets

$7.56 M

Holdings in Top 10

26.5%

52 WEEK LOW AND HIGH

$15.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 4.56%

SALES FEES

Front Load 0.00%

Deferred Load 0.00%

TRADING FEES

Turnover 111.00%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$1,000,000

IRA

$100,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RBC International Small Cap Equity Fund

RISIX | Fund

$15.19

$7.56 M

1.82%

$0.28

4.56%

RISIX - Profile

Distributions

  • YTD Total Return 22.7%
  • 3 Yr Annualized Total Return 20.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.88%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    RBC International Small Cap Equity Fund
  • Fund Family Name
    Royce
  • Inception Date
    Dec 14, 2022
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James J. Harvey

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in equity securities of small companies located throughout the world, excluding the United States. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes. The Fund currently considers “small companies” to be those within the market capitalization range of the MSCI ACWI ex USA Small Cap Index at the time of initial purchase by the Fund. As of June 30, 2025, the market capitalization range of the MSCI ACWI ex USA Small Cap Index was approximately $62.3 million to $12.2 billion. The Fund determines where a company is located, and thus, whether a company is considered to be located outside the United States by considering whether: (i) it is organized under the laws of or maintains its principal office in a country located outside the United States; (ii) its securities are principally traded on trading markets in countries located outside the United States; (iii) it derives at least 50% of its total revenue or profits from either goods produced or services performed or sales made in countries located outside the United States; or (iv) it has at least 50% of its assets in countries located outside the United States. For companies that are organized under the laws of or maintain their principal office in the United States, the Fund will only consider (iii) and (iv) above. The equity securities in which the Fund may invest include common stock, preferred stock, convertible securities, American Depositary Receipts, European Depositary Receipts, Global Depositary Receipts, participation notes, warrants and rights. The Fund will invest in at least three countries. The Fund also will be diversified by sector and country within certain ranges of the MSCI ACWI ex-US Small Cap Index as determined by the Adviser. The Fund will normally invest in a portfolio of equity securities denominated in both the U.S. Dollar and currencies of other developed countries, and in currencies of the local emerging market countries. The investment process of the Fund is primarily based on fundamental research, although the Sub-Adviser will also consider quantitative and technical factors. The Sub-Adviser will also assess the economic outlook for each region, including expected growth, market valuations and economic trends. Stock selection decisions are ultimately based on an understanding of the company, its business and its outlook. The Sub-Adviser may sell securities for a number of reasons such as a change in the business model, a more attractive opportunity arises, portfolio construction benefits and less perceived potential upside. The Sub-Adviser considers material environmental, social and governance (“ESG”) factors as part of the investment process. The ESG factors deemed material to the Fund are at the discretion of the Sub-Adviser. Material ESG factors are considered as part of the investment analysis for applicable securities.
Read More

RISIX - Performance

Return Ranking - Trailing

Period RISIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.7% 2.7% 22.7% 1.35%
1 Yr 26.4% 8.6% 40.7% 45.95%
3 Yr 20.2%* 8.4% 24.1% 27.03%
5 Yr N/A* 0.6% 11.0% N/A
10 Yr N/A* 5.2% 11.6% N/A

* Annualized

Return Ranking - Calendar

Period RISIX Return Category Return Low Category Return High Rank in Category (%)
2025 5.5% -36.1% 48.6% 98.65%
2024 9.0% -14.6% 9.2% 2.70%
2023 11.1% 1.1% 25.3% 75.68%
2022 N/A -35.4% -13.9% N/A
2021 N/A -5.3% 14.4% N/A

Total Return Ranking - Trailing

Period RISIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.7% 2.7% 22.7% 1.35%
1 Yr 26.4% 8.6% 40.7% 45.95%
3 Yr 20.2%* 8.4% 24.1% 27.03%
5 Yr N/A* 0.6% 11.0% N/A
10 Yr N/A* 5.2% 11.6% N/A

* Annualized

Total Return Ranking - Calendar

Period RISIX Return Category Return Low Category Return High Rank in Category (%)
2025 18.6% 10.0% 49.9% 94.59%
2024 10.6% -5.6% 12.9% 2.70%
2023 11.7% 2.5% 25.8% 94.59%
2022 N/A -35.4% -10.9% N/A
2021 N/A 7.7% 18.9% N/A

NAV & Total Return History

RISIX - Holdings

Concentration Analysis

RISIX Category Low Category High RISIX % Rank
Net Assets 7.56 M 7.56 M 15.8 B 100.00%
Number of Holdings 78 2 4891 78.38%
Net Assets in Top 10 2 M 2 M 14 B 100.00%
Weighting of Top 10 26.45% 6.7% 101.8% 16.22%

Top 10 Holdings

  1. RBC BlueBay U.S. Government Money Market Fund 3.23%
  2. Chroma Ate Inc TWD10 3.13%
  3. International Container Terminal Services Inc. PHP1 2.87%
  4. Aker BP ASA NOK1 2.70%
  5. Gaztransport Et Technigaz SA EUR0.01 2.67%
  6. Food Life Companies Ltd. NPV 2.45%
  7. Technip Energies N V EUR0.01 2.37%
  8. Kokusai Electric Corp. NPV 2.37%
  9. Fabrinet COM USD0.01 2.35%
  10. Beazley PLC (UK) ORD GBP0.05 2.32%

Asset Allocation

Weighting Return Low Return High RISIX % Rank
Stocks 		97.13% 0.00% 99.44% 58.11%
Cash 		3.23% 0.04% 9.62% 50.00%
Preferred Stocks 		0.00% 0.00% 2.13% 93.24%
Other 		0.00% -1.78% 6.39% 94.59%
Convertible Bonds 		0.00% 0.00% 0.00% 87.67%
Bonds 		0.00% 0.00% 0.31% 89.19%

Stock Sector Breakdown

Weighting Return Low Return High RISIX % Rank
Technology 		17.31% 9.14% 22.43% 13.70%
Industrials 		15.32% 12.46% 32.63% 94.52%
Consumer Cyclical 		14.90% 9.23% 27.42% 27.40%
Consumer Defense 		9.63% 2.29% 12.17% 20.55%
Basic Materials 		9.38% 0.02% 13.14% 32.88%
Financial Services 		8.72% 2.16% 21.69% 87.67%
Real Estate 		3.84% 0.00% 12.22% 83.56%
Communication Services 		2.01% 1.69% 8.56% 93.15%
Healthcare 		1.29% 0.00% 18.67% 95.89%
Utilities 		0.61% 0.00% 4.57% 73.97%
Energy 		0.50% 0.00% 12.34% 82.19%

Stock Geographic Breakdown

Weighting Return Low Return High RISIX % Rank
Non US 		94.79% 0.00% 99.38% 47.30%
US 		2.35% 0.00% 99.00% 74.32%

RISIX - Expenses

Operational Fees

RISIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.56% 0.06% 4.56% 1.35%
Management Fee 0.89% 0.02% 1.00% 45.95%
12b-1 Fee 0.00% 0.00% 1.00% 19.35%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

RISIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 0.00% 0.00% 5.75% 100.00%
Deferred Load 0.00% 0.00% 1.00% 100.00%

Trading Fees

RISIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 2.00% 2.00% 100.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RISIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 111.00% 1.00% 185.00% 91.18%

RISIX - Distributions

Dividend Yield Analysis

RISIX Category Low Category High RISIX % Rank
Dividend Yield 1.82% 0.00% 3.84% 95.95%

Dividend Distribution Analysis

RISIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

RISIX Category Low Category High RISIX % Rank
Net Income Ratio 0.88% 0.03% 2.41% 73.97%

Capital Gain Distribution Analysis

RISIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

RISIX - Fund Manager Analysis

Managers

James J. Harvey

Start Date

Tenure

Tenure Rank

May 01, 2015

1.92

1.9%

Harvey, assistant portfolio manager, has been employed by Royce since 1999 as an analyst.

Dilip P. Badlani

Start Date

Tenure

Tenure Rank

May 01, 2013

3.92

3.9%

Dilip Badlani joined Royce & Associates in 2010. Previously, he was an Analyst of Wyper Capital Management. Prior to joining WCM in 2008 he was an Analyst at Wexford Capital, LLC, a private investment firm, where he focused on the industrial sector and emerging Asian markets. Prior to Wexford, he was an Associate at Merrill Lynch Global Private Equity. Mr. Badlani holds a bachelor's degree in Finance/Accounting from Georgetown University and earned the Chartered Financial Analyst designation in 2006. He is a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 21.76 7.91 18.43

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.