PENNX – Royce Small-Cap Fund Invmt Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund invests at least 80% of its net assets in equity securities of such small-cap companies, under normal circumstances. 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PENNX	Royce Small-Cap Fund Investment Class	No Load	Open			Oct 31, 1972	$1.46B	0.950%	Below Average	$2,000	−$94.18M
RYPFX	Royce Small-Cap Fund Service Class	No Load	Open			Nov 8, 2005	$64.05M	1.310%	Above Average	$2,000	−$6.62M
RPMIX	Royce Small-Cap Fund Institutional Class	Institutional	Open			Jun 3, 2011	$259.93M	0.910%	Average	$1M	−$2.80M
RYPCX	Royce Small-Cap Fund Consultant Class	Level Load	Open			Jun 17, 1997	$166.84M	1.980%	Average	$2,000	−$24.14M

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