Royce International Premier Fund
RYIPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 745 Fifth Avenue New York NY United States of America 10151
- IPO Date
- Jan 3, 2011
- CIK
- 0000709364
- Website
- royceinvest.com
- Similar Companies
- Business
- Royce International Premier Fund (RYIPX) is a mutual fund that seeks long-term growth of capital by investing primarily in a limited number (generally less than 100) of equity securities issued by premier non-U.S. small-cap companies with market capitalizations generally up to $5 billion, focusing on those exhibiting discernible competitive advantages, high returns on invested capital, sustainable moat-like franchises, strengths in industry structure, competitive positioning, operational efficiency, financial track record, and corporate governance; it normally invests at least 80% of its net assets in such securities, with at least 65% in common stocks, and maintains a concentrated portfolio of around 55 holdings diversified across sectors including industrials (approximately 29%), information technology (28%), health care (12%), financials (8%), and communication services (8%), with top regional exposures in Japan, the Eurozone, the United Kingdom, and Europe ex-Euro. The fund offers Service Class shares (CUSIP 780811790) with annual dividends, December capital gains distributions, and a portfolio turnover rate of 31%; it benchmarks against the MSCI AC World Ex-USA Small Cap (Net) Index and has demonstrated strong historical performance, outperforming the benchmark in 87% of monthly rolling 10-year periods since inception through September 30, 2024. Launched with a share class inception date of December 31, 2010 (fund inception January 3, 2011), the fund is managed by Royce Investment Partners, a pioneer in small-cap investing with over 45 years of experience managing U.S. and international portfolios for individual investors, financial advisors, and institutions; Royce conducts its business under Royce & Associates, LP and is distributed by Royce Fund Services, LLC, with portfolio management led by Mark Rayner (since May 2014) and Mark Fischer (since May 2021). In recent developments, the fund's third-quarter 2025 portfolio adjustments included complete exits from five holdings such as Johns Lyng Group Ltd. and Engh Systems Ltd., initiation of four new positions including Cbrite Ltd. (1.04% of portfolio), GlobalData PLC (0.96%), and Acceller Industries, alongside significant stake increases in holdings like Craft ASA (77% increase) and Baltic Classified Group PLC (43% increase), as well as reductions in 15 positions; additionally, Royce Funds declared 2025 year-end distributions, and the fund maintained total net assets of approximately $123.46 million as of late 2025 with a weighted average market cap of $2.49 billion, price-to-earnings ratio of 23.06x, and price-to-book ratio of 3.25x. Geographically, the fund targets developed and emerging markets outside the U.S., with 94.68% in non-U.S. investments as of September 30, 2025, and is available to U.S. investors through platforms with a minimum initial investment of $2,000 for Service Class shares; it falls under the Morningstar Foreign Small/Mid Growth category and Lipper International Small/Mid-Cap Growth classification, carrying risks associated with foreign securities, small-cap volatility, and concentrated positions.