Royce Micro-Cap Fund
Name
As of 06/01/2026Price
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
Vitals
YTD Return
35.6%
1 yr return
69.8%
3 Yr Avg Return
25.7%
5 Yr Avg Return
11.1%
Net Assets
$371 M
Holdings in Top 10
15.7%
52 WEEK LOW AND HIGH
$14.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.26%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
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
RYOTX - Profile
Distributions
- YTD Total Return 35.6%
- 3 Yr Annualized Total Return 25.7%
- 5 Yr Annualized Total Return 11.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameRoyce Micro-Cap Fund
-
Fund Family NameRoyce
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
p id="xdx_A85_eoef--StrategyNarrativeTextBlock_zs7yzLu3gzXg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"Royce Investment Partners (“Royce”), the Fund’s investment adviser, invests the Fund’s assets primarily in equity securities of micro-cap companies. Micro-cap companies are those that have a market capitalization not greater than that of the largest company in the Russell Microcapsup®/sup Index at the time of its most recent reconstitution. Royce uses multiple investment themes and offers wide exposure to micro-cap stocks by investing in companies with strong fundamentals and/or prospects selling at prices that Royce believes do not fully reflect these attributes. Royce considers companies with strong balance sheets, attractive growth prospects, and/or the potential for improvement in cash flow levels and internal rates of return, among other factors. /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 9pt"span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"span id="xdx_90F_eoef--StrategyPortfolioConcentration_c20260501__20260501__dei--LegalEntityAxis__custom--S000009506Member__dei--DocumentInformationDocumentAxis__custom--RoyceMicroCapFundConsultantClassMember_zVEhaZm3Yl83"The Fund invests at least 80% of its net assets in equity securities of micro-cap companies, under normal circumstances. Although the Fund generally focuses on securities of U.S. companies, it may invest up to 25% of its net assets (measured at the time of investment) in equity securities of companies headquartered in foreign countries. The Fund may invest in other investment companies that invest primarily in equity securities. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets into what Royce deems to be more promising opportunities, and/or manage cash levels in the Fund’s portfolio./span/span/p
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RYOTX - Performance
Return Ranking - Trailing
| Period | RYOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 35.6% | N/A | N/A | N/A |
| 1 Yr | 69.8% | N/A | N/A | N/A |
| 3 Yr | 25.7%* | N/A | N/A | N/A |
| 5 Yr | 11.1%* | N/A | N/A | N/A |
| 10 Yr | 13.7%* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
| Period | RYOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -1.0% | N/A | N/A | N/A |
| 2024 | 1.5% | N/A | N/A | N/A |
| 2023 | 11.3% | N/A | N/A | N/A |
| 2022 | -26.3% | N/A | N/A | N/A |
| 2021 | 5.3% | N/A | N/A | N/A |
Total Return Ranking - Trailing
| Period | RYOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 35.6% | N/A | N/A | N/A |
| 1 Yr | 69.8% | N/A | N/A | N/A |
| 3 Yr | 25.7%* | N/A | N/A | N/A |
| 5 Yr | 11.1%* | N/A | N/A | N/A |
| 10 Yr | 13.7%* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | RYOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 13.3% | N/A | N/A | N/A |
| 2024 | 13.4% | N/A | N/A | N/A |
| 2023 | 19.3% | N/A | N/A | N/A |
| 2022 | -22.6% | N/A | N/A | N/A |
| 2021 | 31.0% | N/A | N/A | N/A |
NAV & Total Return History
RYOTX - Holdings
Concentration Analysis
| RYOTX | Category Low | Category High | RYOTX % Rank | |
|---|---|---|---|---|
| Net Assets | 371 M | N/A | N/A | N/A |
| Number of Holdings | 159 | N/A | N/A | N/A |
| Net Assets in Top 10 | 50.7 M | N/A | N/A | N/A |
| Weighting of Top 10 | 15.73% | N/A | N/A | N/A |
Top 10 Holdings
- FIXED INC CLEARING CORP.REPO 2.92%
- Lincoln Educational Services Corp 1.66%
- Ultra Clean Holdings Inc 1.52%
- 5N Plus Inc 1.50%
- Ichor Holdings Ltd 1.39%
- Sprott Inc 1.37%
- EZCORP Inc 1.36%
- Cohu Inc 1.35%
- NWPX Infrastructure Inc 1.34%
- Natural Gas Services Group Inc 1.34%
Asset Allocation
| Weighting | Return Low | Return High | RYOTX % Rank | |
|---|---|---|---|---|
| Stocks | 97.14% | N/A | N/A | N/A |
| Other | 2.92% | N/A | N/A | N/A |
| Cash | 0.11% | N/A | N/A | N/A |
| Preferred Stocks | 0.00% | N/A | N/A | N/A |
| Convertible Bonds | 0.00% | N/A | N/A | N/A |
| Bonds | 0.00% | N/A | N/A | N/A |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RYOTX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | N/A | N/A | N/A |
| Technology | 0.00% | N/A | N/A | N/A |
| Real Estate | 0.00% | N/A | N/A | N/A |
| Industrials | 0.00% | N/A | N/A | N/A |
| Healthcare | 0.00% | N/A | N/A | N/A |
| Financial Services | 0.00% | N/A | N/A | N/A |
| Energy | 0.00% | N/A | N/A | N/A |
| Communication Services | 0.00% | N/A | N/A | N/A |
| Consumer Defense | 0.00% | N/A | N/A | N/A |
| Consumer Cyclical | 0.00% | N/A | N/A | N/A |
| Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RYOTX % Rank | |
|---|---|---|---|---|
| US | 88.42% | N/A | N/A | N/A |
| Non US | 8.72% | N/A | N/A | N/A |
RYOTX - Expenses
Operational Fees
| RYOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.26% | N/A | N/A | N/A |
| Management Fee | 1.00% | N/A | N/A | N/A |
| 12b-1 Fee | N/A | N/A | N/A | N/A |
| Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
| RYOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | N/A | N/A | N/A |
| Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
| RYOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| RYOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | N/A | N/A | N/A |
RYOTX - Distributions
Dividend Yield Analysis
| RYOTX | Category Low | Category High | RYOTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | N/A | N/A | N/A |
Dividend Distribution Analysis
| RYOTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual |
Net Income Ratio Analysis
| RYOTX | Category Low | Category High | RYOTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
| RYOTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2025 | $1.651 | CapitalGainLongTerm |
| Dec 12, 2024 | $1.361 | CapitalGainLongTerm |
| Dec 14, 2023 | $0.767 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.504 | OrdinaryDividend |
| Dec 16, 2021 | $3.098 | OrdinaryDividend |
| Dec 10, 2020 | $0.943 | CapitalGainLongTerm |
| Dec 12, 2019 | $0.300 | CapitalGainLongTerm |
| Dec 13, 2018 | $1.305 | CapitalGainLongTerm |
| Dec 14, 2017 | $0.091 | CapitalGainShortTerm |
| Dec 14, 2017 | $0.813 | CapitalGainLongTerm |
| Dec 14, 2017 | $0.006 | OrdinaryDividend |
| Dec 15, 2016 | $1.302 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.058 | OrdinaryDividend |
| Dec 17, 2015 | $1.441 | CapitalGainLongTerm |
| Dec 17, 2014 | $1.483 | CapitalGainLongTerm |
| Dec 05, 2013 | $1.193 | CapitalGainLongTerm |
| Dec 05, 2013 | $0.019 | OrdinaryDividend |
| Dec 28, 2012 | $0.005 | ExtraDividend |
| Dec 28, 2012 | $0.026 | CapitalGainShortTerm |
| Dec 06, 2012 | $0.027 | CapitalGainShortTerm |
| Dec 06, 2012 | $0.827 | CapitalGainLongTerm |
| Dec 08, 2011 | $0.698 | CapitalGainLongTerm |
| Dec 08, 2011 | $0.202 | OrdinaryDividend |
| Dec 09, 2010 | $0.253 | OrdinaryDividend |
| Dec 09, 2009 | $0.184 | OrdinaryDividend |
| Dec 09, 2008 | $0.093 | CapitalGainShortTerm |
| Dec 09, 2008 | $0.233 | CapitalGainLongTerm |
| Dec 07, 2007 | $0.376 | CapitalGainShortTerm |
| Dec 07, 2007 | $2.028 | CapitalGainLongTerm |
| Dec 07, 2007 | $0.449 | OrdinaryDividend |
| Dec 05, 2006 | $0.489 | CapitalGainShortTerm |
| Dec 05, 2006 | $1.302 | CapitalGainLongTerm |
| Dec 05, 2006 | $0.284 | OrdinaryDividend |
| Dec 02, 2005 | $0.281 | CapitalGainShortTerm |
| Dec 02, 2005 | $1.198 | CapitalGainLongTerm |
| Dec 02, 2005 | $0.127 | OrdinaryDividend |
| Dec 02, 2004 | $0.100 | CapitalGainShortTerm |
| Dec 02, 2004 | $1.442 | CapitalGainLongTerm |
| Dec 04, 2003 | $0.083 | CapitalGainShortTerm |
| Dec 04, 2003 | $0.482 | CapitalGainLongTerm |
| Dec 05, 2002 | $0.100 | CapitalGainLongTerm |
| Dec 05, 2001 | $0.029 | CapitalGainShortTerm |
| Dec 05, 2001 | $0.156 | CapitalGainLongTerm |
| Dec 05, 2000 | $0.110 | CapitalGainShortTerm |
| Dec 05, 2000 | $1.170 | CapitalGainLongTerm |
| Dec 09, 1999 | $0.112 | CapitalGainShortTerm |
| Dec 09, 1999 | $0.093 | CapitalGainLongTerm |
| Dec 10, 1998 | $0.002 | CapitalGainShortTerm |
| Dec 10, 1998 | $0.504 | CapitalGainLongTerm |
| Dec 10, 1998 | $0.004 | OrdinaryDividend |
| Dec 11, 1997 | $0.260 | CapitalGainShortTerm |
| Dec 11, 1997 | $0.373 | CapitalGainLongTerm |
| Dec 11, 1996 | $0.004 | OrdinaryDividend |
| Dec 11, 1996 | $0.300 | CapitalGainShortTerm |
| Dec 11, 1996 | $0.246 | CapitalGainLongTerm |
| Dec 15, 1995 | $0.185 | OrdinaryDividend |
| Dec 30, 1994 | $0.220 | OrdinaryDividend |