ROFRX – Royce Small-Cap Opportunity R Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund’s investment adviser invests the fund’s assets primarily in equity securities of small-cap companies in an attempt to take advantage of what the adviser believes are opportunistic situations for undervalued securities. It invests at least 80% of its net assets in securities of small-cap companies, under normal circumstances. It 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
RYPNX	Royce Small-Cap Opportunity Fund Investment Class	No Load	Open			Nov 19, 1996	$846.41M	1.240%	Above Average	$2,000	−$80.58M
RYOFX	Royce Small-Cap Opportunity Fund Service Class	No Load	Open			May 22, 2000	$56.47M	1.490%	High	$2,000	−$5.05M
ROFIX	Royce Small-Cap Opportunity Fund Institutional Class	Institutional	Open			Dec 12, 2001	$296.70M	1.140%	High	$1M	−$10.46M
ROFCX	Royce Small-Cap Opportunity Fund Consultant Class	Level Load	Open			Mar 30, 2006	$13.87M	2.240%	High	$2,000	−$1.58M
ROFRX	Royce Small-Cap Opportunity Fund Retirement Class	Retirement, Medium	Open			May 21, 2007	$45.98M	1.890%	High	$2,000	−$991,784.44

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