| Royce Capital Micro-Cap Inv |
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| Release date as of 2025-04-30. Data on page is subject to change. |
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Overall Morningstar
Rating™
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| What is this?
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| As of 2025-04-30 |
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Out of 576
Small Blend Funds
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| Total Fund Assets ($ Mil) |
| 108.37 |
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| Investment Objective & Strategy |
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| The investment seeks long-term growth of capital.
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| Normally, the fund invests at least 80% of its net assets in equity securities of micro-cap companies. Although the fund normally focuses on securities of U.S. companies, it may invest up to 25% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries. It may invest in other investment companies that invest primarily in equity securities. |
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| Morningstar Category: Small Blend |
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| Small-blend portfolios favor U.S. firms at the smaller end of the market-capitalization range. Some aim to own an array of value and growth stocks while others employ a discipline that leads to holdings with valuations and growth rates close to the small-cap averages. Stocks in the bottom 10% of the capitalization of the U.S. equity market are defined as small cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate.
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| 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. |
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| % of Net Assets |
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U.S. Stocks |
88.5 |
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Non-U.S. Stocks |
9.4 |
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Bonds |
0.0 |
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Cash |
2.1 |
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Other |
0.0 |
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| Data through 2025-03-31 |
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| Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
30.63 |
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Basic Materials |
2.97 |
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Consumer Cyclical |
10.68 |
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Financial Services |
16.16 |
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Real Estate |
0.82 |
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Sensitive |
55.22 |
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Communication Services |
3.54 |
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Energy |
3.74 |
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Industrials |
24.14 |
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Technology |
23.80 |
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Defensive |
14.16 |
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Consumer Defensive |
4.29 |
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Healthcare |
9.87 |
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Utilities |
0.00 |
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| Data through 2025-03-31 |
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| Total Number of Stock Holdings |
145 |
| Total Number of Bond Holdings |
0 |
| % of Net Assets in Top 10 Holdings |
11.85 |
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| Turnover % |
(as of 2024-12-31) |
19.00 |
| 30 Day SEC Yield % |
--- |
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Sector |
P/E |
% of Net
Assets
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Imax Corp |
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52.89 |
1.31 |
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Sprott Inc |
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1.23 |
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American Outdoor Brands Inc Ordinary Shares |
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1.19 |
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BioLife Solutions Inc |
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1.19 |
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Natural Gas Services Group Inc |
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13.12 |
1.17 |
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Bel Fuse Inc Class B |
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20.11 |
1.16 |
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NPK International Inc |
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14.10 |
1.15 |
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Lincoln Educational Services Corp |
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52.81 |
1.15 |
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Seneca Foods Corp Class A |
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16.04 |
1.15 |
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HBT Financial Inc Ordinary Shares |
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9.74 |
1.15 |
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| Foreign Securities, Loss of Money, Not FDIC Insured, Equity Securities, Industry and Sector Investing, Other, Management, Small Cap |
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| Show Risk Definitions |
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| Inception Date: 1996-12-27 |
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| James P. Stoeffel (2015-05-01) |
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| James Stoeffel joined Royce in 2009 as a Portfolio Manager. Previously he was a Portfolio Manager for a long/short equity private investment vehicle which he co-founded with Messrs. Brown and Hartman (2008-2009), a Portfolio Manager and Investment Policy Committee member at CRM (2001-2008), Director of Research at Palisade Capital Management (1999-2001), Research Analyst and Vice President in Smith Barney's Emerging Growth Stock Research Group (1993-1999) and an Auditor for a number of companies in the financial services industry (1984-1992). |
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| Andrew S. Palen (2024-09-30) |
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| 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). |
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| Royce Investment Partners |
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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
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