Royce Premier Fund
Name
As of 07/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.7%
1 yr return
10.1%
3 Yr Avg Return
4.6%
5 Yr Avg Return
7.8%
Net Assets
$1.45 B
Holdings in Top 10
31.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.36%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RPRCX - Profile
Distributions
- YTD Total Return 6.7%
- 3 Yr Annualized Total Return 4.6%
- 5 Yr Annualized Total Return 7.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.30%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameRoyce Premier Fund
-
Fund Family NameRoyce
-
Inception DateJun 10, 2003
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCharles Royce
RPRCX - Performance
Return Ranking - Trailing
Period | RPRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -7.0% | 32.7% | 84.85% |
1 Yr | 10.1% | -6.1% | 35.8% | 66.84% |
3 Yr | 4.6%* | -24.3% | 60.8% | 9.26% |
5 Yr | 7.8%* | -4.6% | 45.0% | 46.17% |
10 Yr | 7.3%* | 1.5% | 24.5% | 82.70% |
* Annualized
Return Ranking - Calendar
Period | RPRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.3% | -20.5% | 54.6% | 59.57% |
2022 | -23.3% | -82.1% | 32.2% | 11.43% |
2021 | -5.7% | -90.6% | 300.1% | 45.60% |
2020 | 5.1% | -63.0% | 127.9% | 98.67% |
2019 | 10.0% | -7.7% | 42.9% | 91.59% |
Total Return Ranking - Trailing
Period | RPRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -7.0% | 32.7% | 84.85% |
1 Yr | 10.1% | -6.1% | 35.8% | 66.84% |
3 Yr | 4.6%* | -24.3% | 60.8% | 9.26% |
5 Yr | 7.8%* | -4.6% | 45.0% | 46.17% |
10 Yr | 7.3%* | 1.5% | 24.5% | 82.70% |
* Annualized
Total Return Ranking - Calendar
Period | RPRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.2% | -19.0% | 136.8% | 15.56% |
2022 | -16.4% | -59.9% | 44.3% | 5.81% |
2021 | 15.0% | -22.7% | 411.9% | 29.12% |
2020 | 10.2% | 1.5% | 150.8% | 99.05% |
2019 | 32.5% | 5.5% | 55.3% | 37.77% |
NAV & Total Return History
RPRCX - Holdings
Concentration Analysis
RPRCX | Category Low | Category High | RPRCX % Rank | |
---|---|---|---|---|
Net Assets | 1.45 B | 207 K | 34.3 B | 34.76% |
Number of Holdings | 51 | 7 | 1172 | 88.41% |
Net Assets in Top 10 | 477 M | 52.5 K | 3.53 B | 31.19% |
Weighting of Top 10 | 31.71% | 9.0% | 100.1% | 21.25% |
Top 10 Holdings
- FIXED INC CLEARING CORP.REPO 5.46%
- MKS Instruments Inc 3.28%
- Lincoln Electric Holdings Inc 3.13%
- SEI Investments Co 2.94%
- Innospec Inc 2.94%
- Reliance Inc 2.90%
- Kadant Inc 2.90%
- Morningstar Inc 2.78%
- Arcosa Inc 2.75%
- FirstService Corp 2.64%
Asset Allocation
Weighting | Return Low | Return High | RPRCX % Rank | |
---|---|---|---|---|
Stocks | 94.46% | 81.17% | 106.19% | 94.47% |
Other | 5.46% | -0.03% | 6.02% | 0.71% |
Cash | 0.08% | 0.00% | 29.28% | 92.51% |
Preferred Stocks | 0.00% | 0.00% | 4.12% | 50.98% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 45.81% |
Bonds | 0.00% | 0.00% | 3.51% | 45.10% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RPRCX % Rank | |
---|---|---|---|---|
Industrials | 33.27% | 0.00% | 36.64% | 1.25% |
Technology | 22.43% | 2.91% | 75.51% | 64.88% |
Financial Services | 12.66% | 0.00% | 42.95% | 18.72% |
Basic Materials | 9.24% | 0.00% | 9.24% | 0.18% |
Consumer Cyclical | 8.58% | 0.00% | 24.04% | 88.59% |
Healthcare | 4.44% | 0.00% | 47.90% | 98.22% |
Communication Services | 3.74% | 0.00% | 15.31% | 23.71% |
Real Estate | 3.41% | 0.00% | 15.31% | 29.06% |
Consumer Defense | 2.22% | 0.00% | 13.56% | 80.21% |
Utilities | 0.00% | 0.00% | 5.57% | 61.68% |
Energy | 0.00% | 0.00% | 55.49% | 86.27% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RPRCX % Rank | |
---|---|---|---|---|
US | 89.95% | 18.92% | 106.19% | 95.54% |
Non US | 4.51% | 0.00% | 75.84% | 5.53% |
RPRCX - Expenses
Operational Fees
RPRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.36% | 0.05% | 23.20% | 4.11% |
Management Fee | 1.00% | 0.05% | 1.62% | 89.11% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 91.21% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
RPRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | 98.92% |
Deferred Load | 1.00% | 1.00% | 5.00% | 50.82% |
Trading Fees
RPRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
RPRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 3.00% | 439.00% | 10.63% |
RPRCX - Distributions
Dividend Yield Analysis
RPRCX | Category Low | Category High | RPRCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.91% | 54.19% |
Dividend Distribution Analysis
RPRCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
RPRCX | Category Low | Category High | RPRCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.30% | -2.47% | 1.10% | 86.80% |
Capital Gain Distribution Analysis
RPRCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $0.594 | CapitalGainLongTerm |
Dec 15, 2022 | $0.695 | CapitalGainLongTerm |
Dec 16, 2021 | $2.124 | CapitalGainLongTerm |
Dec 10, 2020 | $0.508 | OrdinaryDividend |
Dec 12, 2019 | $2.034 | CapitalGainLongTerm |
Dec 13, 2018 | $2.649 | CapitalGainLongTerm |
Dec 14, 2017 | $2.004 | CapitalGainLongTerm |
Dec 15, 2016 | $2.039 | CapitalGainLongTerm |
Dec 17, 2015 | $0.002 | CapitalGainShortTerm |
Dec 17, 2015 | $3.330 | CapitalGainLongTerm |
Dec 18, 2014 | $2.073 | CapitalGainLongTerm |
Dec 05, 2013 | $2.265 | CapitalGainLongTerm |
Dec 06, 2012 | $0.030 | CapitalGainShortTerm |
Dec 06, 2012 | $1.177 | CapitalGainLongTerm |
Dec 06, 2012 | $0.018 | OrdinaryDividend |
Dec 08, 2011 | $1.591 | CapitalGainLongTerm |
Dec 09, 2010 | $0.268 | CapitalGainLongTerm |
Dec 09, 2008 | $0.003 | CapitalGainShortTerm |
Dec 09, 2008 | $0.192 | CapitalGainLongTerm |
Dec 07, 2007 | $0.325 | CapitalGainShortTerm |
Dec 07, 2007 | $1.973 | CapitalGainLongTerm |
Dec 07, 2007 | $0.090 | OrdinaryDividend |
Dec 05, 2006 | $0.005 | CapitalGainShortTerm |
Dec 05, 2006 | $0.621 | CapitalGainLongTerm |
Dec 02, 2005 | $0.038 | CapitalGainShortTerm |
Dec 02, 2005 | $0.799 | CapitalGainLongTerm |
Dec 02, 2004 | $0.059 | CapitalGainShortTerm |
Dec 02, 2004 | $0.653 | CapitalGainLongTerm |
Dec 04, 2003 | $0.058 | CapitalGainShortTerm |
Dec 04, 2003 | $0.067 | CapitalGainLongTerm |
RPRCX - Fund Manager Analysis
Managers
Charles Royce
Start Date
Tenure
Tenure Rank
Dec 31, 1991
30.44
30.4%
Royce is the Royce & Associates, LLC's President, Co-Chief Investment Officer and Portfolio Manager. Founded Royce in 1972.
Lauren Romeo
Start Date
Tenure
Tenure Rank
May 01, 2006
16.09
16.1%
Lauren A. Romeo, CFA, is a Portfolio Manager, Principal for Royce Investment Partners. She manages portfolios in the firm’s Small-Cap Premier Quality and Multi-Discipline strategies. She serves as Portfolio Manager for Royce Premier Fund and Royce Pennsylvania Mutual Fund (both with Chuck Royce as Lead Portfolio Manager). She also manages a portfolio with Mark Rayner and Steven McBoyle in Royce’s Global Small-Cap Quality Premier strategy for Japanese investors, as well as two offshore funds that use a similar U.S. high-quality strategy. In addition, she and serves as an Assistant Portfolio Manager for Royce Value Trust, a closed-end fund. Ms. Romeo joined Royce Investment Partners in 2004. Previously, she was a Portfolio Manager at Dalton Greiner, Hartman & Maher (since 2001), an Analyst with Legg Mason Funds Management (2000-2001), and an Analyst with T. Rowe Price Group (1996-2000). Ms. Romeo holds a bachelor’s degree from the University of Notre Dame and a Master of Business Administration from the Wharton School of Business at the University of Pennsylvania. She is a Chartered Financial Analyst (CFA).
Steven McBoyle
Start Date
Tenure
Tenure Rank
Nov 10, 2014
7.56
7.6%
Steven G. McBoyle joined the firm in 2007. Previously, he was a Partner at Lord, Abbett & Co. LLC (2001-2007) where he was a Portfolio Manager of the Small Cap Value Fund and Small-Mid Value Fund. Prior to that he was Vice President of Mergers & Acquisitions at Morgan Stanley (2000-2001) and an Associate of Mergers & Acquisitions at Salomon Brothers (1997-2000). He began his career in public accounting within the Accounting & Audit Services Group of Deloitte & Touche (1990-1995). Mr. McBoyle holds a bachelor's degree from the School of Accountancy at the University of Waterloo, Canada and a Master of Business Administration from Columbia University. He is also a Chartered Accountant with a degree from the Institute of Chartered Accountants in Canada and a Certified Public Accountant.
Andrew Palen
Start Date
Tenure
Tenure Rank
Feb 07, 2022
0.31
0.3%
Andrew S. Palen Portfolio Manager Employed by Royce since 2015 Assistant Portfolio Manager for: Royce Pennsylvania Mutual Fund Previously a Senior Analyst at Armistice Capital (2013-2015), a Summer Associate at UBS Global Management (2012), and an Associate at Comvest Partners (2008-2011).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.02 | 5.25 |