RGFIX: Royce Global Financial Services Instl

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RGFIX Royce Global Financial Services Instl


Profile

RGFIX - Profile

Vitals

  • YTD Return -31.6%
  • 3 Yr Annualized Return -9.8%
  • 5 Yr Annualized Return N/A
  • Net Assets $32.5 M
  • Holdings in Top 10 31.8%

52 WEEK LOW AND HIGH

$8.78
$7.67
$13.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -31.6%
  • 3 Yr Annualized Total Return -9.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Royce Global Financial Services Fund
  • Fund Family Name
    Royce
  • Inception Date
    Jan 05, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Charles Royce

Fund Description

Although the fund normally focuses on securities of financial services companies with stock market capitalizations up to $5 billion, it may invest an equal or greater percentage of its assets in securities of companies with larger market capitalizations. Under normal market circumstances, the fund will invest at least 40% of its net assets in equity securities of companies headquartered in at least three different countries outside of the United States.


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Categories

Performance

RGFIX - Performance

Return Ranking - Trailing

Period RGFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -31.6% -67.8% -0.2% 8.97%
1 Yr -25.7% -67.3% 13.8% 8.97%
3 Yr -9.8%* -36.1% 2.9% 35.71%
5 Yr N/A* -23.6% 9.4% 35.82%
10 Yr N/A* -12.5% 5.5% 15.38%

* Annualized

Return Ranking - Calendar

Period RGFIX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% 14.9% 34.3% 60.26%
2018 -22.3% -38.6% -13.1% 84.72%
2017 18.8% -9.3% 21.8% 23.19%
2016 N/A 1.0% 33.7% N/A
2015 N/A -34.6% 15.9% N/A

Total Return Ranking - Trailing

Period RGFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -31.6% -67.8% -0.2% 8.97%
1 Yr -25.7% -67.3% 13.8% 8.97%
3 Yr -9.8%* -36.1% 2.9% 37.14%
5 Yr N/A* -23.6% 9.4% 44.78%
10 Yr N/A* -12.5% 5.5% 23.08%

* Annualized

Total Return Ranking - Calendar

Period RGFIX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% 14.9% 34.3% 60.26%
2018 -22.3% -36.1% -4.8% 90.28%
2017 18.8% -9.3% 30.0% 28.99%
2016 N/A 1.0% 37.9% N/A
2015 N/A -17.1% 15.9% N/A

NAV & Total Return History


Holdings

RGFIX - Holdings

Concentration Analysis

RGFIX Category Low Category High RGFIX % Rank
Net Assets 32.5 M 1.18 M 7.15 B 75.64%
Number of Holdings 70 18 427 35.90%
Net Assets in Top 10 11.7 M 652 K 3 B 75.64%
Weighting of Top 10 31.77% 18.6% 80.7% 78.21%

Top 10 Holdings

  1. Franco-Nevada Corp 3.74%
  2. Popular Inc 3.73%
  3. MarketAxess Holdings Inc 3.41%
  4. Ares Management Corp Class A 3.39%
  5. FirstService Corp 3.17%
  6. E-L Financial Corporation Limited 3.15%
  7. Sprott Inc 3.11%
  8. Ashmore Group PLC 2.92%
  9. First Citizens BancShares Inc (DE) Class A 2.63%
  10. Altus Group Ltd 2.53%

Asset Allocation

Weighting Return Low Return High RGFIX % Rank
Stocks
97.10% 83.92% 105.13% 75.64%
Cash
1.92% -5.13% 6.39% 25.64%
Other
0.98% -0.88% 7.57% 5.13%
Preferred Stocks
0.00% 0.00% 8.23% 11.54%
Convertible Bonds
0.00% 0.00% 0.59% 15.38%
Bonds
0.00% 0.00% 0.68% 7.69%

Stock Sector Breakdown

Weighting Return Low Return High RGFIX % Rank
Financial Services
79.68% 70.38% 100.00% 88.46%
Real Estate
8.25% 0.00% 29.62% 10.26%
Industrials
4.70% 0.00% 4.70% 1.28%
Basic Materials
3.85% 0.00% 3.85% 1.28%
Technology
3.28% 0.00% 16.18% 33.33%
Consumer Cyclical
0.23% 0.00% 11.99% 26.92%
Utilities
0.00% 0.00% 0.00% 6.41%
Healthcare
0.00% 0.00% 0.00% 6.41%
Energy
0.00% 0.00% 0.00% 6.41%
Communication Services
0.00% 0.00% 3.24% 15.38%
Consumer Defense
0.00% 0.00% 0.00% 6.41%

Stock Geographic Breakdown

Weighting Return Low Return High RGFIX % Rank
Non US
48.59% 0.00% 51.03% 11.54%
US
48.51% 45.39% 102.20% 88.46%

Expenses

RGFIX - Expenses

Operational Fees

RGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.60% 0.10% 4.35% 46.75%
Management Fee 1.00% 0.09% 1.25% 84.62%
12b-1 Fee 0.00% 0.00% 1.00% 1.85%
Administrative Fee N/A 0.05% 0.25% N/A

Sales Fees

RGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 4.00% 410.00% 8.11%

Distributions

RGFIX - Distributions

Dividend Yield Analysis

RGFIX Category Low Category High RGFIX % Rank
Dividend Yield 0.00% 0.00% 1.76% 7.69%

Dividend Distribution Analysis

RGFIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Net Income Ratio Analysis

RGFIX Category Low Category High RGFIX % Rank
Net Income Ratio 1.04% -1.75% 9.95% 38.46%

Capital Gain Distribution Analysis

RGFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

RGFIX - Fund Manager Analysis

Managers

Charles Royce


Start Date

Tenure

Tenure Rank

Dec 31, 2003

16.18

16.2%

Royce is the Royce & Associates, LLC's President, Co-Chief Investment Officer and Portfolio Manager. Founded Royce in 1972.

Chris Flynn


Start Date

Tenure

Tenure Rank

May 01, 2005

14.84

14.8%

• Portfolio manager, Employed by Royce since 1993 • Previously Senior Vice President in the Arbitrage Division of Donaldson, Lufkin & Jenrette (1989-1992)

Tenure Analysis

Category Low Category High Category Average Category Mode
0.75 23.17 8.56 2.33