Royce Dividend Value Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.1%
1 yr return
29.9%
3 Yr Avg Return
7.6%
5 Yr Avg Return
10.8%
Net Assets
$60.1 M
Holdings in Top 10
36.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RYDVX - Profile
Distributions
- YTD Total Return 9.1%
- 3 Yr Annualized Total Return 7.6%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.51%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameRoyce Dividend Value Fund
-
Fund Family NameRoyce
-
Inception DateMay 12, 2004
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCharles Royce
Fund Description
Royce Investment Partners (“Royce”), the Fund’s investment adviser, invests the Fund’s assets primarily in dividend-paying securities of companies with stock market capitalizations up to $15 billion that it believes are trading below its estimate of their current worth. Royce bases this assessment chiefly on strong balance sheets and other indicators of financial strength. Royce also considers companies that it believes are well managed and/or have strong business prospects, as well as the potential for improvement in cash flow levels and internal rates of return.
The Fund invests at least 80% of its net assets in equity securities that produce dividend income to the Fund, under normal circumstances. In addition, at least 65% will be issued by companies with stock market capitalizations up to $15 billion at the time of investment. Although the Fund generally focuses on securities of U.S. companies, it may invest up to 25% of its net assets (measured at the time of investment) in securities of companies headquartered in foreign countries. The Fund may invest in other investment companies that invest in equity securities. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets into what Royce deems to be more promising opportunities, and/or manage cash levels in the Fund’s portfolio.
RYDVX - Performance
Return Ranking - Trailing
Period | RYDVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -8.3% | 24.0% | 19.73% |
1 Yr | 29.9% | -2.6% | 55.1% | 9.04% |
3 Yr | 7.6%* | -20.2% | 17.4% | 22.10% |
5 Yr | 10.8%* | -0.1% | 21.0% | 50.00% |
10 Yr | 7.7%* | 2.2% | 13.4% | 69.30% |
* Annualized
Return Ranking - Calendar
Period | RYDVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.8% | -12.9% | 28.8% | 74.10% |
2022 | -14.1% | -52.6% | 20.1% | 16.39% |
2021 | 4.9% | -43.8% | 32.4% | 75.07% |
2020 | -1.2% | -10.6% | 82.1% | 91.45% |
2019 | 12.0% | -8.5% | 37.5% | 90.00% |
Total Return Ranking - Trailing
Period | RYDVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -8.3% | 24.0% | 19.73% |
1 Yr | 29.9% | -2.6% | 55.1% | 9.04% |
3 Yr | 7.6%* | -20.2% | 17.4% | 22.10% |
5 Yr | 10.8%* | -0.1% | 21.0% | 50.00% |
10 Yr | 7.7%* | 2.2% | 13.4% | 69.30% |
* Annualized
Total Return Ranking - Calendar
Period | RYDVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.9% | 1.2% | 31.3% | 8.54% |
2022 | -13.5% | -45.7% | 21.1% | 36.39% |
2021 | 20.1% | -30.2% | 52.8% | 82.15% |
2020 | 4.5% | -8.4% | 84.3% | 94.10% |
2019 | 29.8% | 1.0% | 43.4% | 31.56% |
NAV & Total Return History
RYDVX - Holdings
Concentration Analysis
RYDVX | Category Low | Category High | RYDVX % Rank | |
---|---|---|---|---|
Net Assets | 60.1 M | 728 K | 139 B | 82.97% |
Number of Holdings | 49 | 1 | 2609 | 74.59% |
Net Assets in Top 10 | 23.3 M | 155 K | 11.7 B | 77.30% |
Weighting of Top 10 | 36.87% | 0.5% | 126.5% | 22.49% |
Top 10 Holdings
- Carlyle Group Inc/The 4.90%
- HEICO Corp 4.24%
- SEI Investments Co 3.81%
- Applied Industrial Technologies Inc 3.73%
- Hubbell Inc 3.68%
- Evercore Inc 3.65%
- Graco Inc 3.46%
- Royal Gold Inc 3.35%
- Lincoln Electric Holdings Inc 3.10%
- First Citizens BancShares Inc/NC 2.95%
Asset Allocation
Weighting | Return Low | Return High | RYDVX % Rank | |
---|---|---|---|---|
Stocks | 98.76% | 0.00% | 104.46% | 44.59% |
Other | 1.29% | -1.04% | 25.16% | 8.92% |
Preferred Stocks | 0.00% | 0.00% | 14.30% | 74.32% |
Convertible Bonds | 0.00% | 0.00% | 1.78% | 74.32% |
Cash | 0.00% | 0.00% | 99.15% | 99.19% |
Bonds | 0.00% | 0.00% | 98.67% | 75.41% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RYDVX % Rank | |
---|---|---|---|---|
Industrials | 44.93% | 0.00% | 45.89% | 1.08% |
Financial Services | 30.38% | 0.00% | 46.10% | 1.08% |
Basic Materials | 11.54% | 0.00% | 16.35% | 2.71% |
Healthcare | 7.46% | 0.00% | 24.06% | 85.64% |
Consumer Cyclical | 2.60% | 2.49% | 46.48% | 98.92% |
Technology | 1.75% | 0.00% | 40.65% | 97.83% |
Energy | 1.34% | 0.00% | 58.13% | 83.47% |
Utilities | 0.00% | 0.00% | 18.97% | 95.66% |
Real Estate | 0.00% | 0.00% | 25.82% | 98.64% |
Communication Services | 0.00% | 0.00% | 30.98% | 95.39% |
Consumer Defense | 0.00% | 0.00% | 32.18% | 99.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RYDVX % Rank | |
---|---|---|---|---|
US | 78.81% | 0.00% | 104.46% | 97.57% |
Non US | 19.95% | 0.00% | 19.95% | 0.54% |
RYDVX - Expenses
Operational Fees
RYDVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.62% | 0.03% | 35.91% | 16.89% |
Management Fee | 0.85% | 0.00% | 1.50% | 87.77% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.63% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
RYDVX 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% | 4.00% | N/A |
Trading Fees
RYDVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 100.00% |
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.
RYDVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 304.00% | 1.51% |
RYDVX - Distributions
Dividend Yield Analysis
RYDVX | Category Low | Category High | RYDVX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.25% | 0.00% | 29.52% | 2.97% |
Dividend Distribution Analysis
RYDVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Annual | Annual |
Net Income Ratio Analysis
RYDVX | Category Low | Category High | RYDVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.51% | -2.06% | 3.38% | 39.40% |
Capital Gain Distribution Analysis
RYDVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 14, 2024 | $0.010 | OrdinaryDividend |
Dec 14, 2023 | $0.705 | OrdinaryDividend |
Sep 14, 2023 | $0.005 | OrdinaryDividend |
Jun 15, 2023 | $0.025 | OrdinaryDividend |
Mar 16, 2023 | $0.005 | OrdinaryDividend |
Sep 15, 2022 | $0.010 | OrdinaryDividend |
Jun 16, 2022 | $0.010 | OrdinaryDividend |
Sep 15, 2021 | $0.005 | OrdinaryDividend |
Jun 16, 2021 | $0.010 | OrdinaryDividend |
Mar 17, 2021 | $0.010 | OrdinaryDividend |
Sep 03, 2020 | $0.010 | OrdinaryDividend |
Jun 04, 2020 | $0.020 | OrdinaryDividend |
Mar 05, 2020 | $0.010 | OrdinaryDividend |
Dec 12, 2019 | $0.943 | OrdinaryDividend |
Sep 05, 2019 | $0.015 | OrdinaryDividend |
Jun 06, 2019 | $0.015 | OrdinaryDividend |
Mar 07, 2019 | $0.010 | OrdinaryDividend |
Sep 06, 2018 | $0.005 | OrdinaryDividend |
Jun 07, 2018 | $0.035 | OrdinaryDividend |
Mar 08, 2018 | $0.020 | OrdinaryDividend |
Sep 07, 2017 | $0.030 | OrdinaryDividend |
Jun 08, 2017 | $0.020 | OrdinaryDividend |
Mar 02, 2017 | $0.015 | OrdinaryDividend |
Sep 08, 2016 | $0.020 | OrdinaryDividend |
Jun 02, 2016 | $0.035 | OrdinaryDividend |
Mar 03, 2016 | $0.020 | OrdinaryDividend |
Sep 03, 2015 | $0.015 | OrdinaryDividend |
Jun 04, 2015 | $0.030 | OrdinaryDividend |
Mar 05, 2015 | $0.030 | OrdinaryDividend |
Sep 04, 2014 | $0.015 | OrdinaryDividend |
Jun 05, 2014 | $0.015 | OrdinaryDividend |
Mar 06, 2014 | $0.015 | OrdinaryDividend |
Sep 05, 2013 | $0.015 | OrdinaryDividend |
Jun 06, 2013 | $0.020 | OrdinaryDividend |
Mar 07, 2013 | $0.020 | OrdinaryDividend |
Sep 06, 2012 | $0.010 | OrdinaryDividend |
Jun 07, 2012 | $0.020 | OrdinaryDividend |
Mar 08, 2012 | $0.020 | OrdinaryDividend |
Dec 08, 2011 | $0.002 | OrdinaryDividend |
Sep 08, 2011 | $0.010 | OrdinaryDividend |
Jun 09, 2011 | $0.015 | OrdinaryDividend |
Mar 10, 2011 | $0.010 | OrdinaryDividend |
Dec 09, 2010 | $0.014 | OrdinaryDividend |
Sep 09, 2010 | $0.015 | OrdinaryDividend |
Jun 10, 2010 | $0.030 | OrdinaryDividend |
Mar 11, 2010 | $0.015 | OrdinaryDividend |
Dec 09, 2009 | $0.009 | OrdinaryDividend |
Sep 09, 2009 | $0.010 | OrdinaryDividend |
Jun 10, 2009 | $0.020 | OrdinaryDividend |
Mar 11, 2009 | $0.015 | OrdinaryDividend |
Dec 09, 2008 | $0.017 | OrdinaryDividend |
Sep 09, 2008 | $0.030 | OrdinaryDividend |
Jun 10, 2008 | $0.025 | OrdinaryDividend |
Mar 11, 2008 | $0.020 | OrdinaryDividend |
Sep 11, 2007 | $0.040 | OrdinaryDividend |
Jun 11, 2007 | $0.040 | OrdinaryDividend |
Mar 09, 2007 | $0.030 | OrdinaryDividend |
Dec 05, 2006 | $0.010 | OrdinaryDividend |
Sep 11, 2006 | $0.030 | OrdinaryDividend |
Jun 09, 2006 | $0.030 | OrdinaryDividend |
Mar 10, 2006 | $0.015 | OrdinaryDividend |
Dec 02, 2005 | $0.014 | OrdinaryDividend |
Sep 09, 2005 | $0.015 | OrdinaryDividend |
Jun 10, 2005 | $0.020 | OrdinaryDividend |
RYDVX - Fund Manager Analysis
Managers
Charles Royce
Start Date
Tenure
Tenure Rank
May 03, 2004
18.09
18.1%
Royce is the Royce & Associates, LLC's President, Co-Chief Investment Officer and Portfolio Manager. Founded Royce in 1972.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 38.44 | 7.25 | 5.78 |