Royce Premier R
- RPRRX
- Price as of: Jan 19, 2021
-
$13.08
N/A N/A
- Primary Theme
- U.S. Small-Cap Growth Equity
- Fund Company
- Royce Investment Partners
- Share Class
RPRRX - Snapshot
Vitals
- YTD Return 6.2%
- 3 Yr Annualized Return 9.5%
- 5 Yr Annualized Return 14.5%
- Net Assets $1.74 B
- Holdings in Top 10 26.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.90%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 19.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Small-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Small Growth
RPRRX - Profile
Distributions
- YTD Total Return 6.2%
- 3 Yr Annualized Total Return 9.5%
- 5 Yr Annualized Total Return 14.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.43%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameRoyce Premier Fund
-
Fund Family NameRoyce
-
Inception DateMay 21, 2007
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCharles Royce
Fund Description
The fund's investment adviser invests the fund's assets in a limited number (generally less than 100) of equity securities of primarily small-cap companies at the time of investment. Normally, the fund invests at least 80% of its net assets in equity securities of such premier companies. At least 65% of these securities will be issued by small-cap companies at the time of investment.
RPRRX - Performance
Return Ranking - Trailing
| Period | RPRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.2% | -1.6% | 29.1% | 71.00% |
| 1 Yr | 10.6% | 0.5% | 150.8% | 97.94% |
| 3 Yr | 9.5%* | -3.4% | 51.1% | 92.97% |
| 5 Yr | 14.5%* | 1.8% | 33.2% | 77.38% |
| 10 Yr | 9.2%* | -3.4% | 22.1% | 97.94% |
* Annualized
Return Ranking - Calendar
| Period | RPRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 5.3% | -63.0% | 340.3% | 96.90% |
| 2019 | 10.5% | -22.8% | 42.9% | 89.93% |
| 2018 | -30.3% | -76.3% | 13.6% | 91.81% |
| 2017 | 6.4% | -52.6% | 37.0% | 81.96% |
| 2016 | 7.3% | -49.0% | 25.6% | 49.59% |
Total Return Ranking - Trailing
| Period | RPRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.2% | -1.6% | 29.1% | 70.68% |
| 1 Yr | 10.6% | -4.5% | 150.8% | 96.67% |
| 3 Yr | 9.5%* | -4.5% | 51.1% | 91.65% |
| 5 Yr | 14.5%* | 1.3% | 33.2% | 77.00% |
| 10 Yr | 9.2%* | -3.7% | 22.1% | 97.75% |
* Annualized
Total Return Ranking - Calendar
| Period | RPRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 5.3% | -63.0% | 340.3% | 96.90% |
| 2019 | 10.5% | -22.8% | 42.9% | 89.93% |
| 2018 | -30.3% | -54.2% | 14.5% | 93.55% |
| 2017 | 6.4% | -8.4% | 42.0% | 93.86% |
| 2016 | 7.3% | -16.4% | 31.4% | 67.28% |
NAV & Total Return History
RPRRX - Holdings
Concentration Analysis
| RPRRX | Category Low | Category High | RPRRX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.74 B | 1.67 M | 34.5 B | 32.07% |
| Number of Holdings | 56 | 1 | 2028 | 85.31% |
| Net Assets in Top 10 | 467 M | 556 K | 3.63 B | 28.44% |
| Weighting of Top 10 | 26.91% | 6.7% | 100.0% | 24.01% |
Top 10 Holdings
- Morningstar Inc 3.08%
- MKS Instruments Inc 2.95%
- Ares Management Corp Class A 2.85%
- Quaker Chemical Corp 2.83%
- Lincoln Electric Holdings Inc 2.83%
- Manhattan Associates Inc 2.75%
- CMC Materials Inc Ordinary Shares 2.72%
- John Bean Technologies Corp 2.67%
- Cabot Microelectronics Corp 2.67%
- Colfax Corp 2.65%
Asset Allocation
| Weighting | Return Low | Return High | RPRRX % Rank | |
|---|---|---|---|---|
| Stocks | 97.53% | 52.72% | 100.90% | 69.51% |
| Cash | 2.47% | -3.62% | 23.24% | 25.91% |
| Preferred Stocks | 0.00% | 0.00% | 3.79% | 78.83% |
| Other | 0.00% | -1.28% | 24.04% | 76.94% |
| Convertible Bonds | 0.00% | 0.00% | 0.15% | 76.30% |
| Bonds | 0.00% | -0.04% | 1.94% | 74.88% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RPRRX % Rank | |
|---|---|---|---|---|
| Industrials | 34.13% | 0.00% | 34.13% | 0.47% |
| Technology | 28.53% | 0.00% | 77.76% | 32.39% |
| Financial Services | 13.53% | 0.00% | 100.00% | 10.43% |
| Basic Materials | 9.67% | 0.00% | 24.17% | 1.42% |
| Consumer Cyclical | 6.24% | 0.00% | 30.88% | 92.26% |
| Healthcare | 4.51% | 0.00% | 49.47% | 96.68% |
| Real Estate | 1.98% | 0.00% | 14.81% | 49.45% |
| Consumer Defense | 1.40% | 0.00% | 14.47% | 93.36% |
| Utilities | 0.00% | 0.00% | 3.88% | 83.25% |
| Energy | 0.00% | 0.00% | 39.36% | 89.42% |
| Communication Services | 0.00% | 0.00% | 19.93% | 97.47% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RPRRX % Rank | |
|---|---|---|---|---|
| US | 89.42% | 0.00% | 100.90% | 82.46% |
| Non US | 8.11% | 0.00% | 94.78% | 14.22% |
RPRRX - Expenses
Operational Fees
| RPRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.90% | 0.01% | 10.10% | 18.52% |
| Management Fee | 1.00% | 0.05% | 1.50% | 90.51% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 75.14% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| RPRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| RPRRX 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.
| RPRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.00% | 4.00% | 442.00% | 9.71% |
RPRRX - Distributions
Dividend Yield Analysis
| RPRRX | Category Low | Category High | RPRRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.96% | 77.41% |
Dividend Distribution Analysis
| RPRRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| RPRRX | Category Low | Category High | RPRRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.43% | -3.17% | 1.48% | 38.66% |
Capital Gain Distribution Analysis
| RPRRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
RPRRX - Fund Manager Analysis
Managers
Charles Royce
Start Date
Tenure
Tenure Rank
Dec 31, 1991
29.02
29.0%
Royce is the Royce & Associates, LLC's President, Co-Chief Investment Officer and Portfolio Manager. Founded Royce in 1972.
Lauren Romeo
Start Date
Tenure
Tenure Rank
May 01, 2006
14.68
14.7%
Lauren A. Romeo joined the firm in 2004. Previously, she was a Portfolio Manager at Dalton Greiner, Hartman & Maher (since 2001), an Analyst with Legg Mason Funds Management (2000-2001), and an Analyst with T. Rowe Price Group (1996-2000). Ms. Romeo holds a bachelor's degree from the University of Notre Dame and a Master of Business Administration from the Wharton School of Business at the University of Pennsylvania. She is a CFA® charterholder.
Steven McBoyle
Start Date
Tenure
Tenure Rank
Nov 10, 2014
6.15
6.2%
Steven G. McBoyle joined the firm in 2007. Previously, he was a Partner at Lord, Abbett & Co. LLC (2001-2007) where he was a Portfolio Manager of the Small Cap Value Fund and Small-Mid Value Fund. Prior to that he was Vice President of Mergers & Acquisitions at Morgan Stanley (2000-2001) and an Associate of Mergers & Acquisitions at Salomon Brothers (1997-2000). He began his career in public accounting within the Accounting & Audit Services Group of Deloitte & Touche (1990-1995). Mr. McBoyle holds a bachelor's degree from the School of Accountancy at the University of Waterloo, Canada and a Master of Business Administration from Columbia University. He is also a Chartered Accountant with a degree from the Institute of Chartered Accountants in Canada and a Certified Public Accountant.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 29.02 | 8.26 | 3.84 |