Morningstar® Investment Profile™   Morningstar®
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Royce Capital Small-Cap Inv
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 434
Small Value Funds
Morningstar®
Style Box™
What is this?
As of 2022-03-31
Total Fund Assets ($ Mil)
248.19
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term growth of capital.
The fund invests the fund's assets primarily in equity securities of small-cap companies that Royce believes are trading below its estimate of their current worth. It generally invests in such companies that the advisor believes also possess financial strength, a strong business model, and the ability to generate and effectively allocate excess free cash flow.
  Morningstar Category: Small Value
Small-value portfolios invest in small U.S. companies with valuations and growth rates below other small-cap peers. Stocks in the bottom 10% of the capitalization of the U.S. equity market are defined as small cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 
  Investment Risks
Small Cap Funds: Smaller companies typically have higher risk of failure, and are not as well established as larger blue-chip companies. Historically, the smaller company stocks have experienced a greater degree of market volatility than the overall market average.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 92.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 4.2
Bullet Bonds Bonds 0.0
Bullet Cash Cash 3.7
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 41.07
Basic Materials 0.89
Consumer Cyclical 17.35
Financial Services 21.82
Real Estate 1.01
Sensitive 48.07
Communication Services 2.15
Energy 4.70
Industrials 19.36
Technology 21.86
Defensive 10.87
Consumer Defensive 2.35
Healthcare 8.52
Utilities 0.00
Data through 2022-03-31
Holding Status
Total Number of Stock Holdings 94
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 20.50
Turnover % (as of 2021-12-31) 51.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
Sanmina Corp 10.21 2.47
Kulicke & Soffa Industries Inc --- 2.33
Catalyst Pharmaceuticals Inc 17.14 2.12
Evercore Inc Class A 6.48 2.08
Vishay Intertechnology Inc 9.00 2.00
Jabil Inc 11.33 1.94
Schneider National Inc 9.69 1.92
Flex Ltd --- 1.90
CNO Financial Group Inc 6.41 1.87
ArcBest Corp 7.73 1.87
Data through 2022-03-31
  Principal Risks   
Currency, Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, High Portfolio Turnover, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Other, Management, Portfolio Diversification, Small Cap
Show Risk Definitions
  Other Information
Inception Date: 1996-12-27
Portfolio Manager(s)
Jay S. Kaplan   (2003-12-31)
Mr. Kaplan has been portfolio manager since 2011 and was previously assistant portfolio manager (2005-2011). His employer at Royce since 2000. Prior to joining the firm, he spent 12 years with Prudential Financial, most recently as a managing director and portfolio manager.
Investment Advisor(s)
Royce & Associates, LP
Issuer
Franklin Templeton Investments
Subadvisor(s)
---
Show Data Definitions

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