Skip to Content
Morningstar

Royce Small-Cap Opportunity Instl ROFIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 14.54  /  0.89 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    1.120%
  • Expense Ratio 1.120%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Small Value
  • Investment Style Small Value
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield —
  • Turnover 35%

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 10:38 PM GMT+0

Morningstar’s Analysis ROFIX

Will ROFIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ROFIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ROFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of ROFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still reproving itself.

Director Dan Culloton

Dan Culloton

Director

Summary

The managers of Royce Small-Cap Opportunity and its Ireland-domiciled clone, Legg Mason Royce US Small Cap Opportunity, are consuming more of this volatile brew themselves but are still convincing investors they should have a taste. The vehicles' Morningstar Analyst Ratings range from Neutral to Negative, depending on domicile and fees.

by Dan Culloton
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ROFIX

More ROFIX Holdings
  • Current Portfolio Date
  • Equity Holdings 243
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 7.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fixed Income Clearing Corporation

3.50
43,786,579
Cash and Equivalents

Carpenter Technology Corp

0.87
10,884,592
Industrials

Modine Manufacturing Co

0.86
10,699,324
Consumer Cyclical

Veeco Instruments Inc

0.78
9,770,671
Technology

Caleres Inc

0.75
9,402,449
Consumer Cyclical

TimkenSteel Corp

0.75
9,359,148
Basic Materials

Hub Group Inc Class A

0.74
9,254,761
Industrials

Stoneridge Inc

0.74
9,203,480
Consumer Cyclical

Hudson Technologies Inc

0.73
9,089,965
Basic Materials

Primoris Services Corp

0.71
8,833,827
Industrials