Royce Premier Fund
RYPRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
- New York, NY 10151 New York NY United States of America 10151
- IPO Date
- Dec 31, 1991
- CIK
- 0000709364
- Website
- royceinvest.com
- Similar Companies
- Business
- Royce Premier Fund (RYPRX) is a small-cap value mutual fund that invests primarily in undervalued equities of small- and micro-cap companies with strong balance sheets, experienced management, and potential for long-term capital appreciation. The fund offers investors exposure to a diversified portfolio of domestic small-cap stocks selected through a disciplined, bottom-up investment process emphasizing companies trading below intrinsic value; it maintains a non-diversified structure to concentrate holdings in high-conviction names while adhering to SEC diversification requirements for mutual funds. Managed actively by the Royce Investment Partners team, the fund targets patient investors seeking growth through market cycles in the U.S. small-cap equity segment. Established in 1993 and headquartered in New York, New York, as part of Royce & Associates LP—a subsidiary of Legg Mason (now under Franklin Resources following the 2020 acquisition), the fund operates exclusively within the United States financial markets with no international geographic focus. Its core offerings include Class I (RYPRX), Class S (RYPFX), and other share classes providing varying fee structures and minimum investments for institutional, retirement, and retail investors. The fund emphasizes sectors such as industrials, financials, technology, and consumer discretionary, holding typically 40-60 positions with low portfolio turnover. In recent developments, the fund benefited from Royce Investment Partners' strategic enhancements in 2024, including the launch of complementary small-cap strategies and portfolio manager expansions to bolster research capabilities amid volatile markets; it also navigated key acquisitions within its parent structure, such as Franklin Templeton's ongoing integration efforts post-2020. Performance highlights include strong relative returns in 2023 driven by holdings in cyclical recovery plays, with no major reorganizations or name changes reported as of late 2025. These updates reflect the fund's adaptability to rising interest rates and economic shifts, maintaining its focus on quality small-caps.