Royce Small-Cap Value Fund - Service Class
RYVFX
NASDAQ- -
USD
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- -
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
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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
- Jun 14, 2001
- CIK
- 0000709364
- Website
- royceinvest.com
- Similar Companies
- Business
- Royce Small-Cap Value Fund - Service Class (RYVFX) is a small-cap value mutual fund managed by Royce Investment Partners that seeks long-term growth of capital by investing primarily in equity securities of small-cap companies with above-average profitability, low leverage, and attractive valuations due to temporary market pessimism; it employs a contrarian value approach targeting stocks with solid fundamentals in undervalued industries, benchmarked against the Russell 2000 Value Index. The fund maintains a diversified portfolio typically holding around 81 positions, with top sector allocations including financials (24.58%), consumer discretionary (22.50%), industrials (14.88%), and information technology (14.68%) as of September 30, 2025; it may allocate up to 25% of net assets to foreign securities and features a portfolio turnover of 43%. Service Class shares, identified by ticker RYVFX (CUSIP 780905733), cater to individual investors and financial advisors with a net expense ratio of 1.49%, minimum initial investment of $2,000, and no front-end load or dividend frequency. Royce Investment Partners, founded in 1972 and headquartered at 745 Fifth Avenue in New York, NY, pioneered small-cap investing and manages U.S. and international small-cap portfolios for individuals, financial advisors, and institutions, with total firm assets under management of approximately $12.65 billion as of September 30, 2024; the firm operates as a majority-owned indirect subsidiary of Franklin Resources (Franklin Templeton) following its 2020 acquisition of Legg Mason, which previously owned Royce. The RYVFX share class was incepted on June 14, 2001, with the broader fund strategy dating to May 4, 2007, and is distributed by Royce Fund Services, LLC. Geographically, the fund focuses predominantly on U.S. equities (97.11% allocation), with minor non-U.S. stock exposure (1.93%), serving retail and institutional investors in the small value segment of the Morningstar Small Value category. Recent developments include the declaration of 2025 year-end income dividends and capital gains distributions for Royce Funds, including RYVFX, announced in late 2025 to shareholders of record; ongoing enhancements to research capabilities through AI integration for productivity and competitive edge, as discussed by Co-CIO Francis Gannon in 2025 insights; and a leadership transition in July 2024 where founder Charles M. Royce transitioned to Senior Advisor after 51 years, with continued emphasis on small-cap strategies amid market tailwinds like earnings growth. The fund reported average annual total returns as of November 30, 2025, including -1.32% for 1 year, 8.91% for 3 years, 11.16% for 5 years, and 8.56% since inception, with total net assets at $101.38 million. No major acquisitions, new product launches, or strategic shifts specific to RYVFX were reported in the last 1-2 years, maintaining its core focus under lead manager Jay Kaplan since 2003.